| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $508M | $462M | $481M | 9.8% | 5.7% |
| Op. Income | $146M | $80M | $115M | 82.6% | 26.8% |
| Gross Margin | 81.2% | 77.9% | 79.2% | 3.2pp | 1.9pp |
| Net Margin | 21.0% | 15.2% | 60.9% | 5.8pp | -39.9pp |
| EPS (Diluted) | $0.90 | $0.60 | $2.46 | 50.0% | -63.4% |
| Free Cash Flow | $28M | $112M | $32M | -75.1% | -13.3% |
| Item | Amount |
|---|---|
| REVENUE | $508M |
| Cost of Revenue | $96M |
| GROSS PROFIT | $412M |
| R&D Expenses | $88M |
| Selling & Marketing | $119M |
| General & Administrative | $56M |
| SG&A Expenses | $175M |
| Other Expenses | $3M |
| Operating Expenses | $266M |
| Cost & Expenses | $362M |
| OPERATING INCOME | $146M |
| Interest Income | $900.0K |
| Interest Expense | $15M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $137M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $107M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $107M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $107M |
| D&A | $30M |
| EBIT | $153M |
| EBITDA | $183M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $508M |
| Cost of Revenue | $96M |
| GROSS PROFIT | $412M |
| R&D Expenses | $88M |
| Selling & Marketing | $119M |
| General & Administrative | $56M |
| SG&A Expenses | $175M |
| Other Expenses | $3M |
| Operating Expenses | $266M |
| Cost & Expenses | $362M |
| OPERATING INCOME | $146M |
| Interest Income | $900.0K |
| Interest Expense | $15M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $137M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $107M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $107M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $107M |
| D&A | $30M |
| EBIT | $153M |
| EBITDA | $183M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $107M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $42M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $39M |
| Change in Working Capital | -$179M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$75M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$71M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | -$50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $272M |
| Short-Term Investments | $0 |
| Net Receivables | $637M |
| Inventory | $0 |
| Other Current Assets | $71M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $236M |
| Goodwill | $2.4B |
| Intangible Assets | $383M |
| Long-Term Investments | $0 |
| Tax Assets | $256M |
| Other Non-Current Assets | $390M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $40M |
| Short-Term Debt | $0 |
| Deferred Revenue | $504M |
| Other Current Liabilities | $104M |
| TOTAL CURRENT LIABILITIES | $792M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $17M |
| Deferred Tax Liabilities | $28M |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $728M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$153M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $1.5B |
| Net Debt | $1.3B |
