| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $292M | $293M | $294M | -0.2% | -0.6% |
| Op. Income | $240M | $314M | $219M | -23.5% | 10.0% |
| Gross Margin | 109.5% | 134.8% | 107.3% | -25.3pp | 2.2pp |
| Net Margin | 65.5% | 85.3% | 59.1% | -19.7pp | 6.4pp |
| EPS (Diluted) | $0.64 | $0.81 | $0.52 | -21.0% | 23.1% |
| Free Cash Flow | $165M | $122M | $182M | 35.7% | -9.2% |
| Item | Amount |
|---|---|
| REVENUE | $292M |
| Cost of Revenue | -$28M |
| GROSS PROFIT | $320M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $79M |
| Operating Expenses | $79M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $240M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $240M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $191M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $191M |
| Net Income Deductions | -$377.0K |
| BOTTOM LINE NET INCOME | $192M |
| D&A | $11M |
| EBIT | $250M |
| EBITDA | $261M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $292M |
| Cost of Revenue | -$28M |
| GROSS PROFIT | $320M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $79M |
| Operating Expenses | $79M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $240M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $240M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $191M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $191M |
| Net Income Deductions | -$377.0K |
| BOTTOM LINE NET INCOME | $192M |
| D&A | $11M |
| EBIT | $250M |
| EBITDA | $261M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $191M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$36M |
| OPERATING CASH FLOW | $166M |
| Capital Expenditure | -$852.0K |
| Acquisitions (Net) | -$685M |
| Purchases of Investments | -$130M |
| Sales/Maturities of Investments | $161M |
| Other Investing Activities | $685M |
| NET CASH FROM INVESTING | $30M |
| Net Debt Issuance | -$155M |
| Common Stock Repurchased | -$83M |
| Common Dividends Paid | -$30M |
| Other Financing Activities | $155M |
| NET CASH FROM FINANCING | -$113M |
| FREE CASH FLOW | $165M |
| Net Change in Cash | $83M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $327M |
| Short-Term Investments | $5.4B |
| Net Receivables | $104M |
| Inventory | $0 |
| Other Current Assets | -$5.8B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $41M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $5.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$5.5B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $6.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $663M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$663M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $371M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $4.0B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$482M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.6B |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $663M |
| Net Debt | $335M |
