| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $475M | $468M | $462M | 1.5% | 2.8% |
| Op. Income | $36M | $22M | $75M | 61.4% | -52.5% |
| Gross Margin | 58.9% | 58.3% | 59.0% | 0.7pp | -0.0pp |
| Net Margin | 0.7% | -1.9% | 12.2% | 2.6pp | -11.5pp |
| EPS (Diluted) | $0.08 | $-0.18 | $1.30 | 144.4% | -93.8% |
| Free Cash Flow | $67M | $68M | $106M | -1.5% | -36.2% |
| Item | Amount |
|---|---|
| REVENUE | $475M |
| Cost of Revenue | $195M |
| GROSS PROFIT | $280M |
| R&D Expenses | $0 |
| Selling & Marketing | $94M |
| General & Administrative | $106M |
| SG&A Expenses | $200M |
| Other Expenses | $45M |
| Operating Expenses | $245M |
| Cost & Expenses | $440M |
| OPERATING INCOME | $36M |
| Interest Income | $1M |
| Interest Expense | $12M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $45M |
| EBIT | $43M |
| EBITDA | $88M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $475M |
| Cost of Revenue | $195M |
| GROSS PROFIT | $280M |
| R&D Expenses | $0 |
| Selling & Marketing | $94M |
| General & Administrative | $106M |
| SG&A Expenses | $200M |
| Other Expenses | $45M |
| Operating Expenses | $245M |
| Cost & Expenses | $440M |
| OPERATING INCOME | $36M |
| Interest Income | $1M |
| Interest Expense | $12M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $45M |
| EBIT | $43M |
| EBITDA | $88M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $44M |
| OPERATING CASH FLOW | $104M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$100.0K |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | -$48M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$15M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$77M |
| FREE CASH FLOW | $67M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $377M |
| Short-Term Investments | $38M |
| Net Receivables | $308M |
| Inventory | $0 |
| Other Current Assets | $52M |
| TOTAL CURRENT ASSETS | $811M |
| PP&E (Net) | $391M |
| Goodwill | $1.6B |
| Intangible Assets | $549M |
| Long-Term Investments | $96M |
| Tax Assets | $11M |
| Other Non-Current Assets | $46M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $0 |
| Short-Term Debt | $32M |
| Deferred Revenue | $456M |
| Other Current Liabilities | $358M |
| TOTAL CURRENT LIABILITIES | $883M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $34M |
| Deferred Tax Liabilities | $63M |
| Other Non-Current Liabilities | $35M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $0 |
| Additional Paid-In Capital | $758M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$987M |
| Accum. Other Comp. Income | -$99M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $1.3B |
| Net Debt | $947M |
