| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $579M | $604M | $575M | -4.2% | 0.6% |
| Op. Income | $212M | $243M | $236M | -12.9% | -10.3% |
| Gross Margin | 52.7% | 55.6% | 55.4% | -2.9pp | -2.7pp |
| Net Margin | 19.5% | 18.1% | 22.3% | 1.4pp | -2.9pp |
| EPS (Diluted) | $2.80 | $2.46 | $2.90 | 13.8% | -3.4% |
| Free Cash Flow | $288M | $359M | $344M | -19.8% | -16.2% |
| Item | Amount |
|---|---|
| REVENUE | $579M |
| Cost of Revenue | $274M |
| GROSS PROFIT | $305M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $93M |
| Operating Expenses | $93M |
| Cost & Expenses | $367M |
| OPERATING INCOME | $212M |
| Interest Income | $15M |
| Interest Expense | $28M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $201M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $164M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $113M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $113M |
| D&A | $18M |
| EBIT | $182M |
| EBITDA | $200M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $579M |
| Cost of Revenue | $274M |
| GROSS PROFIT | $305M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $93M |
| Operating Expenses | $93M |
| Cost & Expenses | $367M |
| OPERATING INCOME | $212M |
| Interest Income | $15M |
| Interest Expense | $28M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $201M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $164M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $113M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $113M |
| D&A | $18M |
| EBIT | $182M |
| EBITDA | $200M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $113M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $117M |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $291M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$92M |
| NET CASH FROM INVESTING | -$95M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$76M |
| Common Dividends Paid | -$400.0K |
| Other Financing Activities | -$84M |
| NET CASH FROM FINANCING | -$163M |
| FREE CASH FLOW | $288M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $623M |
| Short-Term Investments | $184M |
| Net Receivables | $378M |
| Inventory | $0 |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $70M |
| Goodwill | $2.6B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $2.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $270M |
| TOTAL NON-CURRENT ASSETS | $7.2B |
| TOTAL ASSETS | $8.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $16M |
| 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 | $710M |
| Retained Earnings | $4.9B |
| Treasury Stock | -$2.7B |
| Accum. Other Comp. Income | -$214M |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $1.4B |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $8.4B |
| Total Debt | $2.8B |
| Net Debt | $2.2B |
