| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $286M | $275M | $288M | 4.0% | -0.5% |
| Op. Income | $163M | $155M | $166M | 5.1% | -1.6% |
| Gross Margin | 96.7% | 96.8% | 94.6% | -0.0pp | 2.1pp |
| Net Margin | 44.9% | 44.5% | 45.4% | 0.4pp | -0.5pp |
| EPS (Diluted) | $1.40 | $1.33 | $1.41 | 5.3% | -0.7% |
| Free Cash Flow | $74M | $212M | $201M | -65.1% | -63.1% |
| Item | Amount |
|---|---|
| REVENUE | $286M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $277M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $83M |
| SG&A Expenses | $83M |
| Other Expenses | $30M |
| Operating Expenses | $114M |
| Cost & Expenses | $123M |
| OPERATING INCOME | $163M |
| Interest Income | $258M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $163M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $128M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $128M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $128M |
| D&A | $7M |
| EBIT | $163M |
| EBITDA | $170M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $286M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $277M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $83M |
| SG&A Expenses | $83M |
| Other Expenses | $30M |
| Operating Expenses | $114M |
| Cost & Expenses | $123M |
| OPERATING INCOME | $163M |
| Interest Income | $258M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $163M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $128M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $128M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $128M |
| D&A | $7M |
| EBIT | $163M |
| EBITDA | $170M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $128M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$68M |
| OPERATING CASH FLOW | $80M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8.1B |
| Sales/Maturities of Investments | $8.0B |
| Other Investing Activities | -$140M |
| NET CASH FROM INVESTING | -$271M |
| Net Debt Issuance | $300M |
| Common Stock Repurchased | -$66M |
| Common Dividends Paid | -$48M |
| Other Financing Activities | -$1.2B |
| NET CASH FROM FINANCING | -$975M |
| FREE CASH FLOW | $74M |
| Net Change in Cash | -$1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $394M |
| Short-Term Investments | $510M |
| Net Receivables | $75M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $979M |
| PP&E (Net) | $336M |
| Goodwill | $3.2B |
| Intangible Assets | $56M |
| Long-Term Investments | $32.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $457M |
| TOTAL NON-CURRENT ASSETS | $36.4B |
| TOTAL ASSETS | $37.4B |
| Account Payables | $1M |
| Short-Term Debt | $482M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $29.9B |
| TOTAL CURRENT LIABILITIES | $30.3B |
| Long-Term Debt | $300M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $217M |
| TOTAL NON-CURRENT LIABILITIES | $517M |
| TOTAL LIABILITIES | $30.9B |
| Common Stock | $91M |
| Additional Paid-In Capital | $3.5B |
| Retained Earnings | $2.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.5B |
| TOTAL LIABILITIES & EQUITY | $37.4B |
| Total Debt | $782M |
| Net Debt | $388M |
