| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $874M | $827M | $875M | 5.7% | -0.2% |
| Op. Income | $202M | $181M | $223M | 11.1% | -9.5% |
| Gross Margin | 61.7% | 60.2% | 61.7% | 1.5pp | 0.0pp |
| Net Margin | 10.1% | 15.8% | -7.7% | -5.8pp | 17.7pp |
| EPS (Diluted) | $0.32 | $0.48 | $-0.24 | -33.3% | 233.3% |
| Free Cash Flow | $205M | $162M | $282M | 26.9% | -27.1% |
| Item | Amount |
|---|---|
| REVENUE | $874M |
| Cost of Revenue | $334M |
| GROSS PROFIT | $539M |
| R&D Expenses | $103M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $235M |
| Other Expenses | $0 |
| Operating Expenses | $338M |
| Cost & Expenses | $672M |
| OPERATING INCOME | $202M |
| Interest Income | $690.7K |
| Interest Expense | $38M |
| Other Income/Expenses | -$74M |
| INCOME BEFORE TAX | $127M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $127M |
| EBIT | $163M |
| EBITDA | $290M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $874M |
| Cost of Revenue | $334M |
| GROSS PROFIT | $539M |
| R&D Expenses | $103M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $235M |
| Other Expenses | $0 |
| Operating Expenses | $338M |
| Cost & Expenses | $672M |
| OPERATING INCOME | $202M |
| Interest Income | $690.7K |
| Interest Expense | $38M |
| Other Income/Expenses | -$74M |
| INCOME BEFORE TAX | $127M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $127M |
| EBIT | $163M |
| EBITDA | $290M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $88M |
| Depreciation & Amortization | $127M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $43M |
| Change in Working Capital | -$47M |
| OPERATING CASH FLOW | $216M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$852M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$867M |
| Net Debt Issuance | $630M |
| Common Stock Repurchased | -$110M |
| Common Dividends Paid | -$59M |
| Other Financing Activities | -$25M |
| NET CASH FROM FINANCING | $444M |
| FREE CASH FLOW | $205M |
| Net Change in Cash | -$225M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $0 |
| Net Receivables | $469M |
| Inventory | $0 |
| Other Current Assets | $113M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $475M |
| Goodwill | $5.2B |
| Intangible Assets | $1.4B |
| Long-Term Investments | $149M |
| Tax Assets | $748M |
| Other Non-Current Assets | $144M |
| TOTAL NON-CURRENT ASSETS | $8.1B |
| TOTAL ASSETS | $10.2B |
| Account Payables | $63M |
| Short-Term Debt | $10M |
| Deferred Revenue | $849M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $4.2B |
| Deferred Revenue NC | $91M |
| Deferred Tax Liabilities | $89M |
| Other Non-Current Liabilities | $126M |
| TOTAL NON-CURRENT LIABILITIES | $4.7B |
| TOTAL LIABILITIES | $6.0B |
| Common Stock | $2.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.2B |
| Treasury Stock | -$68M |
| Accum. Other Comp. Income | $31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $1M |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $10.2B |
| Total Debt | $4.5B |
| Net Debt | $3.0B |
