| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $500M | $516M | $535M | -3.1% | -6.6% |
| Op. Income | $98M | $122M | $132M | -20.1% | -25.9% |
| Gross Margin | 64.3% | 64.2% | 63.1% | 0.0pp | 1.2pp |
| Net Margin | 16.5% | 18.8% | 24.9% | -2.3pp | -8.4pp |
| EPS (Diluted) | $0.36 | $0.42 | $0.57 | -14.3% | -36.8% |
| Free Cash Flow | $185M | $134M | $104M | 37.6% | 77.3% |
| Item | Amount |
|---|---|
| REVENUE | $500M |
| Cost of Revenue | $179M |
| GROSS PROFIT | $321M |
| R&D Expenses | $49M |
| Selling & Marketing | $115M |
| General & Administrative | $31M |
| SG&A Expenses | $145M |
| Other Expenses | $29M |
| Operating Expenses | $223M |
| Cost & Expenses | $402M |
| OPERATING INCOME | $98M |
| Interest Income | $10M |
| Interest Expense | $16M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $50M |
| EBIT | $112M |
| EBITDA | $162M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $500M |
| Cost of Revenue | $179M |
| GROSS PROFIT | $321M |
| R&D Expenses | $49M |
| Selling & Marketing | $115M |
| General & Administrative | $31M |
| SG&A Expenses | $145M |
| Other Expenses | $29M |
| Operating Expenses | $223M |
| Cost & Expenses | $402M |
| OPERATING INCOME | $98M |
| Interest Income | $10M |
| Interest Expense | $16M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $50M |
| EBIT | $112M |
| EBITDA | $162M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $82M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$36M |
| Other Non-Cash Items | $35M |
| Change in Working Capital | $67M |
| OPERATING CASH FLOW | $212M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$351M |
| Sales/Maturities of Investments | $334M |
| Other Investing Activities | -$500.0K |
| NET CASH FROM INVESTING | -$44M |
| Net Debt Issuance | $371M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $45M |
| NET CASH FROM FINANCING | $408M |
| FREE CASH FLOW | $185M |
| Net Change in Cash | $565M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $615M |
| Net Receivables | $311M |
| Inventory | $323M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $591M |
| Goodwill | $2.3B |
| Intangible Assets | $552M |
| Long-Term Investments | $0 |
| Tax Assets | $80M |
| Other Non-Current Assets | $239M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $6.5B |
| Account Payables | $83M |
| Short-Term Debt | $866M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $259M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $2.1B |
| Treasury Stock | -$161M |
| Accum. Other Comp. Income | -$441M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $6.5B |
| Total Debt | $2.3B |
| Net Debt | $1.0B |
