| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $339M | $308M | $301M | 10.1% | 12.5% |
| Op. Income | $181M | $158M | $162M | 14.9% | 11.5% |
| Gross Margin | 88.0% | 92.9% | 90.4% | -4.9pp | -2.4pp |
| Net Margin | 42.8% | 41.9% | 43.8% | 0.9pp | -0.9pp |
| EPS (Diluted) | $1.86 | $1.65 | $1.69 | 12.7% | 10.1% |
| Free Cash Flow | $135M | $42M | $163M | 221.3% | -17.0% |
| Item | Amount |
|---|---|
| REVENUE | $339M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $298M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $127M |
| SG&A Expenses | $131M |
| Other Expenses | -$14M |
| Operating Expenses | $117M |
| Cost & Expenses | $158M |
| OPERATING INCOME | $181M |
| Interest Income | $292M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $181M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $145M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $145M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $141M |
| D&A | $15M |
| EBIT | $181M |
| EBITDA | $196M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $339M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $298M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $127M |
| SG&A Expenses | $131M |
| Other Expenses | -$14M |
| Operating Expenses | $117M |
| Cost & Expenses | $158M |
| OPERATING INCOME | $181M |
| Interest Income | $292M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $181M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $145M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $145M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $141M |
| D&A | $15M |
| EBIT | $181M |
| EBITDA | $196M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $145M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | $148M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$800M |
| Sales/Maturities of Investments | $166M |
| Other Investing Activities | -$1.8B |
| NET CASH FROM INVESTING | -$2.5B |
| Net Debt Issuance | $400M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $279M |
| NET CASH FROM FINANCING | $658M |
| FREE CASH FLOW | $135M |
| Net Change in Cash | -$1.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $3.8B |
| Net Receivables | $116M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.5B |
| PP&E (Net) | $302M |
| Goodwill | $1.8B |
| Intangible Assets | $38M |
| Long-Term Investments | $29.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.1B |
| TOTAL NON-CURRENT ASSETS | $34.6B |
| TOTAL ASSETS | $40.1B |
| Account Payables | $14M |
| Short-Term Debt | $200M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $32.6B |
| TOTAL CURRENT LIABILITIES | $32.8B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $285M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $34.8B |
| Common Stock | $76M |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | $2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$131M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.3B |
| TOTAL LIABILITIES & EQUITY | $40.1B |
| Total Debt | $1.9B |
| Net Debt | $310M |
