| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $468M | $470M | $429M | -0.5% | 9.2% |
| Op. Income | $22M | $54M | $68M | -59.2% | -67.6% |
| Gross Margin | 58.3% | 58.0% | 57.3% | 0.3pp | 1.0pp |
| Net Margin | -1.9% | 6.4% | 11.4% | -8.3pp | -13.3pp |
| EPS (Diluted) | $-0.18 | $0.70 | $1.13 | -125.7% | -115.9% |
| Free Cash Flow | $68M | $37M | $92M | 84.9% | -26.0% |
| Item | Amount |
|---|---|
| REVENUE | $468M |
| Cost of Revenue | $195M |
| GROSS PROFIT | $273M |
| R&D Expenses | $0 |
| Selling & Marketing | $90M |
| General & Administrative | $117M |
| SG&A Expenses | $207M |
| Other Expenses | $44M |
| Operating Expenses | $251M |
| Cost & Expenses | $446M |
| OPERATING INCOME | $22M |
| Interest Income | $100.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $44M |
| EBIT | $8M |
| EBITDA | $53M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | $24M |
| Change in Working Capital | $32M |
| OPERATING CASH FLOW | $102M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | $100.0K |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | -$15M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$57M |
| FREE CASH FLOW | $68M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $373M |
| Short-Term Investments | $34M |
| Net Receivables | $294M |
| Inventory | $0 |
| Other Current Assets | $48M |
| TOTAL CURRENT ASSETS | $789M |
| PP&E (Net) | $373M |
| Goodwill | $1.5B |
| Intangible Assets | $559M |
| Long-Term Investments | $97M |
| Tax Assets | $12M |
| Other Non-Current Assets | $43M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $0 |
| Short-Term Debt | $32M |
| Deferred Revenue | $425M |
| Other Current Liabilities | $312M |
| TOTAL CURRENT LIABILITIES | $806M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $35M |
| Deferred Tax Liabilities | $73M |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $739M |
| Retained Earnings | $1.6B |
| Treasury Stock | -$982M |
| Accum. Other Comp. Income | -$141M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $1.4B |
| Net Debt | $985M |
