| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $462M | $505M | $436M | -8.5% | 6.2% |
| Op. Income | $80M | $159M | $74M | -49.8% | 8.7% |
| Gross Margin | 77.9% | 81.5% | 78.2% | -3.6pp | -0.2pp |
| Net Margin | 15.2% | 17.8% | 11.8% | -2.5pp | 3.5pp |
| EPS (Diluted) | $0.60 | $0.76 | $0.43 | -21.1% | 39.5% |
| Free Cash Flow | $112M | $136M | $85M | -17.5% | 32.7% |
| Item | Amount |
|---|---|
| REVENUE | $462M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $360M |
| R&D Expenses | $88M |
| Selling & Marketing | $124M |
| General & Administrative | $55M |
| SG&A Expenses | $179M |
| Other Expenses | $13M |
| Operating Expenses | $281M |
| Cost & Expenses | $382M |
| OPERATING INCOME | $80M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | $21M |
| INCOME BEFORE TAX | $101M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $31M |
| EBIT | $115M |
| EBITDA | $145M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $462M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $360M |
| R&D Expenses | $88M |
| Selling & Marketing | $124M |
| General & Administrative | $55M |
| SG&A Expenses | $179M |
| Other Expenses | $13M |
| Operating Expenses | $281M |
| Cost & Expenses | $382M |
| OPERATING INCOME | $80M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | $21M |
| INCOME BEFORE TAX | $101M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $31M |
| EBIT | $115M |
| EBITDA | $145M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $70M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $49M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$34M |
| Change in Working Capital | $222.0K |
| OPERATING CASH FLOW | $117M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$275M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $42M |
| NET CASH FROM INVESTING | -$237M |
| Net Debt Issuance | -$105M |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $264M |
| NET CASH FROM FINANCING | $147M |
| FREE CASH FLOW | $112M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $322M |
| Short-Term Investments | $0 |
| Net Receivables | $473M |
| Inventory | $0 |
| Other Current Assets | $61M |
| TOTAL CURRENT ASSETS | $948M |
| PP&E (Net) | $234M |
| Goodwill | $2.4B |
| Intangible Assets | $399M |
| Long-Term Investments | $0 |
| Tax Assets | $283M |
| Other Non-Current Assets | $359M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $481M |
| Other Current Liabilities | $110M |
| TOTAL CURRENT LIABILITIES | $770M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $621M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$134M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $1.6B |
| Net Debt | $1.3B |
