| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $604M | $607M | $586M | -0.5% | 3.0% |
| Op. Income | $243M | $263M | $249M | -7.6% | -2.4% |
| Gross Margin | 55.6% | 58.0% | 57.5% | -2.4pp | -1.9pp |
| Net Margin | 18.1% | 24.0% | 18.6% | -5.9pp | -0.5pp |
| EPS (Diluted) | $2.46 | $3.11 | $2.44 | -20.9% | 0.8% |
| Free Cash Flow | $359M | $141M | $357M | 154.1% | 0.5% |
| Item | Amount |
|---|---|
| REVENUE | $604M |
| Cost of Revenue | $268M |
| GROSS PROFIT | $336M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $93M |
| Operating Expenses | $93M |
| Cost & Expenses | $361M |
| OPERATING INCOME | $243M |
| Interest Income | $27M |
| Interest Expense | $27M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $212M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $174M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1 |
| NET INCOME | $109M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $109M |
| D&A | $17M |
| EBIT | $231M |
| EBITDA | $248M |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $604M |
| Cost of Revenue | $268M |
| GROSS PROFIT | $336M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $93M |
| Operating Expenses | $93M |
| Cost & Expenses | $361M |
| OPERATING INCOME | $243M |
| Interest Income | $27M |
| Interest Expense | $27M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $212M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $174M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1 |
| NET INCOME | $109M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $109M |
| D&A | $17M |
| EBIT | $231M |
| EBITDA | $248M |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $109M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $145M |
| Change in Working Capital | $64M |
| OPERATING CASH FLOW | $362M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$42M |
| Common Stock Repurchased | -$104M |
| Common Dividends Paid | -$400.0K |
| Other Financing Activities | -$81M |
| NET CASH FROM FINANCING | -$227M |
| FREE CASH FLOW | $359M |
| Net Change in Cash | $106M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $607M |
| Short-Term Investments | $67M |
| Net Receivables | $399M |
| Inventory | $0 |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $71M |
| Goodwill | $2.7B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $2.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $260M |
| TOTAL NON-CURRENT ASSETS | $7.4B |
| TOTAL ASSETS | $8.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.5B |
| TOTAL NON-CURRENT LIABILITIES | $4.3B |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $600.0K |
| Additional Paid-In Capital | $652M |
| Retained Earnings | $4.8B |
| Treasury Stock | -$2.6B |
| Accum. Other Comp. Income | -$146M |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $1.5B |
| TOTAL EQUITY | $4.2B |
| TOTAL LIABILITIES & EQUITY | $8.5B |
| Total Debt | $2.8B |
| Net Debt | $2.2B |
