| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $424M | $351M | $308M | 21.0% | 37.8% |
| Op. Income | $209M | $168M | $194M | 23.9% | 7.5% |
| Gross Margin | 76.7% | 80.5% | 98.0% | -3.8pp | -21.3pp |
| Net Margin | 38.4% | 37.8% | 48.6% | 0.6pp | -10.2pp |
| EPS (Diluted) | $1.34 | $1.08 | $1.15 | 24.1% | 16.5% |
| Free Cash Flow | $167M | $231M | $156M | -27.4% | 7.0% |
| Item | Amount |
|---|---|
| REVENUE | $424M |
| Cost of Revenue | $99M |
| GROSS PROFIT | $325M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $63M |
| SG&A Expenses | $66M |
| Other Expenses | $51M |
| Operating Expenses | $117M |
| Cost & Expenses | $216M |
| OPERATING INCOME | $209M |
| Interest Income | $399M |
| Interest Expense | $66M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $209M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $163M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $163M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $159M |
| D&A | $11M |
| EBIT | $209M |
| EBITDA | $219M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $424M |
| Cost of Revenue | $99M |
| GROSS PROFIT | $325M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $63M |
| SG&A Expenses | $66M |
| Other Expenses | $51M |
| Operating Expenses | $117M |
| Cost & Expenses | $216M |
| OPERATING INCOME | $209M |
| Interest Income | $399M |
| Interest Expense | $66M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $209M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $163M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $163M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $159M |
| D&A | $11M |
| EBIT | $209M |
| EBITDA | $219M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $163M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$21M |
| Other Non-Cash Items | $31M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $173M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$32M |
| Purchases of Investments | -$52M |
| Sales/Maturities of Investments | $148M |
| Other Investing Activities | -$1.3B |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | $150M |
| Common Stock Repurchased | -$23M |
| Common Dividends Paid | -$39M |
| Other Financing Activities | $1.1B |
| NET CASH FROM FINANCING | $1.2B |
| FREE CASH FLOW | $167M |
| Net Change in Cash | $138M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $3.5B |
| Net Receivables | $125M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.7B |
| PP&E (Net) | $678M |
| Goodwill | $661M |
| Intangible Assets | $3M |
| Long-Term Investments | $20.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $23.0B |
| TOTAL ASSETS | $27.7B |
| Account Payables | $234M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.5B |
| TOTAL CURRENT LIABILITIES | $21.7B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $156M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $23.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $2.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$178M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $1M |
| TOTAL EQUITY | $4.7B |
| TOTAL LIABILITIES & EQUITY | $27.7B |
| Total Debt | $1.1B |
| Net Debt | $42M |
