| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $305M | $286M | $286M | 6.5% | 6.6% |
| Op. Income | $173M | $163M | $163M | 6.1% | 6.0% |
| Gross Margin | 93.8% | 96.7% | 95.9% | -2.9pp | -2.1pp |
| Net Margin | 44.6% | 44.9% | 45.0% | -0.3pp | -0.4pp |
| EPS (Diluted) | $1.49 | $1.40 | $1.39 | 6.4% | 7.2% |
| Free Cash Flow | $186M | $74M | $181M | 151.4% | 2.9% |
| Item | Amount |
|---|---|
| REVENUE | $305M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $286M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $82M |
| SG&A Expenses | $82M |
| Other Expenses | $30M |
| Operating Expenses | $113M |
| Cost & Expenses | $132M |
| OPERATING INCOME | $173M |
| Interest Income | $280M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $173M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $136M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $136M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $136M |
| D&A | $7M |
| EBIT | $173M |
| EBITDA | $180M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $305M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $286M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $82M |
| SG&A Expenses | $82M |
| Other Expenses | $30M |
| Operating Expenses | $113M |
| Cost & Expenses | $132M |
| OPERATING INCOME | $173M |
| Interest Income | $280M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $173M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $136M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $136M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $136M |
| D&A | $7M |
| EBIT | $173M |
| EBITDA | $180M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $136M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $37M |
| OPERATING CASH FLOW | $192M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6.8B |
| Sales/Maturities of Investments | $6.9B |
| Other Investing Activities | -$296M |
| NET CASH FROM INVESTING | -$208M |
| Net Debt Issuance | $865M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$47M |
| Other Financing Activities | -$593M |
| NET CASH FROM FINANCING | $225M |
| FREE CASH FLOW | $186M |
| Net Change in Cash | $208M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $602M |
| Short-Term Investments | $491M |
| Net Receivables | $81M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $337M |
| Goodwill | $3.2B |
| Intangible Assets | $54M |
| Long-Term Investments | $32.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $507M |
| TOTAL NON-CURRENT ASSETS | $36.7B |
| TOTAL ASSETS | $37.8B |
| Account Payables | $2M |
| Short-Term Debt | $454M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $29.3B |
| TOTAL CURRENT LIABILITIES | $29.8B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $310M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $31.2B |
| Common Stock | $91M |
| Additional Paid-In Capital | $3.5B |
| Retained Earnings | $3.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$235.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.6B |
| TOTAL LIABILITIES & EQUITY | $37.8B |
| Total Debt | $1.6B |
| Net Debt | $1.0B |
