| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $516M | $505M | $468M | 2.1% | 10.1% |
| Op. Income | $70M | $42M | $22M | 67.9% | 218.2% |
| Gross Margin | 60.6% | 57.1% | 58.3% | 3.5pp | 2.4pp |
| Net Margin | 7.6% | 7.2% | -1.9% | 0.4pp | 9.5pp |
| EPS (Diluted) | $0.91 | $0.84 | $-0.18 | 8.3% | 605.6% |
| Free Cash Flow | $101M | -$6M | $68M | 1848.3% | 48.2% |
| Item | Amount |
|---|---|
| REVENUE | $516M |
| Cost of Revenue | $203M |
| GROSS PROFIT | $313M |
| R&D Expenses | $0 |
| Selling & Marketing | $106M |
| General & Administrative | $90M |
| SG&A Expenses | $196M |
| Other Expenses | $47M |
| Operating Expenses | $243M |
| Cost & Expenses | $446M |
| OPERATING INCOME | $70M |
| Interest Income | $3M |
| Interest Expense | $16M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $47M |
| EBIT | $73M |
| EBITDA | $120M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $516M |
| Cost of Revenue | $203M |
| GROSS PROFIT | $313M |
| R&D Expenses | $0 |
| Selling & Marketing | $106M |
| General & Administrative | $90M |
| SG&A Expenses | $196M |
| Other Expenses | $47M |
| Operating Expenses | $243M |
| Cost & Expenses | $446M |
| OPERATING INCOME | $70M |
| Interest Income | $3M |
| Interest Expense | $16M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $47M |
| EBIT | $73M |
| EBITDA | $120M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $400.0K |
| Change in Working Capital | $34M |
| OPERATING CASH FLOW | $131M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | -$200.0K |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | -$100.0K |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$98M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$16M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$120M |
| FREE CASH FLOW | $101M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $325M |
| Short-Term Investments | $39M |
| Net Receivables | $307M |
| Inventory | $0 |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $758M |
| PP&E (Net) | $368M |
| Goodwill | $1.6B |
| Intangible Assets | $495M |
| Long-Term Investments | $105M |
| Tax Assets | $10M |
| Other Non-Current Assets | $39M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $0 |
| Short-Term Debt | $32M |
| Deferred Revenue | $487M |
| Other Current Liabilities | $255M |
| TOTAL CURRENT LIABILITIES | $810M |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $28M |
| Deferred Tax Liabilities | $52M |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $0 |
| Additional Paid-In Capital | $783M |
| Retained Earnings | $1.6B |
| Treasury Stock | -$986M |
| Accum. Other Comp. Income | -$107M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $1.2B |
| Net Debt | $915M |
