| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $531M | $527M | — | 0.6% | — |
| Op. Income | $85M | $72M | — | 17.0% | — |
| Gross Margin | 68.9% | 68.3% | — | 0.6pp | — |
| Net Margin | 12.4% | 11.0% | — | 1.4pp | — |
| EPS (Diluted) | $0.99 | $0.87 | — | 13.8% | — |
| Free Cash Flow | -$2M | $172M | — | -101.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $531M |
| Cost of Revenue | $165M |
| GROSS PROFIT | $366M |
| R&D Expenses | $73M |
| Selling & Marketing | $150M |
| General & Administrative | $57M |
| SG&A Expenses | $207M |
| Other Expenses | $0 |
| Operating Expenses | $281M |
| Cost & Expenses | $446M |
| OPERATING INCOME | $85M |
| Interest Income | $0 |
| Interest Expense | $50.0K |
| Other Income/Expenses | -$50.0K |
| INCOME BEFORE TAX | $85M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $42M |
| EBIT | $85M |
| EBITDA | $127M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $531M |
| Cost of Revenue | $165M |
| GROSS PROFIT | $366M |
| R&D Expenses | $73M |
| Selling & Marketing | $150M |
| General & Administrative | $57M |
| SG&A Expenses | $207M |
| Other Expenses | $0 |
| Operating Expenses | $281M |
| Cost & Expenses | $446M |
| OPERATING INCOME | $85M |
| Interest Income | $0 |
| Interest Expense | $50.0K |
| Other Income/Expenses | -$50.0K |
| INCOME BEFORE TAX | $85M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $42M |
| EBIT | $85M |
| EBITDA | $127M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $66M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $43M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$128M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$124M |
| Sales/Maturities of Investments | $80M |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$62M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$34M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$178.0K |
| NET CASH FROM FINANCING | -$36M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$88M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $382M |
| Short-Term Investments | $1.1B |
| Net Receivables | $460M |
| Inventory | $0 |
| Other Current Assets | $123M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $263M |
| Goodwill | $1.6B |
| Intangible Assets | $239M |
| Long-Term Investments | $0 |
| Tax Assets | $74M |
| Other Non-Current Assets | $234M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $60M |
| Short-Term Debt | $208M |
| Deferred Revenue | $371M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $455M |
| Deferred Revenue NC | $56M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $637M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $2.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $13M |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $783M |
| Net Debt | $401M |
