| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $505M | $458M | $462M | 10.4% | 9.4% |
| Op. Income | $159M | $62M | $102M | 156.0% | 56.5% |
| Gross Margin | 81.5% | 79.2% | 80.6% | 2.3pp | 0.9pp |
| Net Margin | 17.8% | 10.1% | 23.7% | 7.7pp | -5.9pp |
| EPS (Diluted) | $0.76 | $0.39 | $0.92 | 94.9% | -17.4% |
| Free Cash Flow | $136M | $134M | $116M | 1.7% | 17.1% |
| Item | Amount |
|---|---|
| REVENUE | $505M |
| Cost of Revenue | $93M |
| GROSS PROFIT | $412M |
| R&D Expenses | $82M |
| Selling & Marketing | $116M |
| General & Administrative | $47M |
| SG&A Expenses | $164M |
| Other Expenses | $7M |
| Operating Expenses | $253M |
| Cost & Expenses | $346M |
| OPERATING INCOME | $159M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$56M |
| INCOME BEFORE TAX | $104M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $90M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $90M |
| D&A | $30M |
| EBIT | $116M |
| EBITDA | $146M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $505M |
| Cost of Revenue | $93M |
| GROSS PROFIT | $412M |
| R&D Expenses | $82M |
| Selling & Marketing | $116M |
| General & Administrative | $47M |
| SG&A Expenses | $164M |
| Other Expenses | $7M |
| Operating Expenses | $253M |
| Cost & Expenses | $346M |
| OPERATING INCOME | $159M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$56M |
| INCOME BEFORE TAX | $104M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $90M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $90M |
| D&A | $30M |
| EBIT | $116M |
| EBITDA | $146M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $90M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $38M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $45M |
| Change in Working Capital | -$60M |
| OPERATING CASH FLOW | $142M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $48M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | $41M |
| Net Debt Issuance | -$175M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$171M |
| FREE CASH FLOW | $136M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $307M |
| Short-Term Investments | $0 |
| Net Receivables | $510M |
| Inventory | $0 |
| Other Current Assets | $61M |
| TOTAL CURRENT ASSETS | $967M |
| PP&E (Net) | $243M |
| Goodwill | $2.2B |
| Intangible Assets | $355M |
| Long-Term Investments | $0 |
| Tax Assets | $299M |
| Other Non-Current Assets | $328M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $24M |
| Short-Term Debt | $0 |
| Deferred Revenue | $517M |
| Other Current Liabilities | $99M |
| TOTAL CURRENT LIABILITIES | $782M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $46M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $550M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$105M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $1.5B |
| Net Debt | $1.2B |
