| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $315M | — | $338M | — | -7.0% |
| Op. Income | $203M | — | $247M | — | -17.5% |
| Gross Margin | 106.8% | — | 103.1% | — | 3.7pp |
| Net Margin | 51.6% | — | 57.2% | — | -5.6pp |
| EPS (Diluted) | $1.01 | — | $1.07 | — | -5.6% |
| Free Cash Flow | $101M | — | $150M | — | -32.9% |
| Item | Amount |
|---|---|
| REVENUE | $315M |
| Cost of Revenue | -$22M |
| GROSS PROFIT | $336M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $133M |
| Operating Expenses | $133M |
| Cost & Expenses | $111M |
| OPERATING INCOME | $203M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $203M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $162M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $162M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $162M |
| D&A | $2M |
| EBIT | $225M |
| EBITDA | $226M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $315M |
| Cost of Revenue | -$22M |
| GROSS PROFIT | $336M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $133M |
| Operating Expenses | $133M |
| Cost & Expenses | $111M |
| OPERATING INCOME | $203M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $203M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $162M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $162M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $162M |
| D&A | $2M |
| EBIT | $225M |
| EBITDA | $226M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $162M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $108M |
| Change in Working Capital | -$165M |
| OPERATING CASH FLOW | $106M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$178M |
| Sales/Maturities of Investments | $136M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$54M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | -$32M |
| Other Financing Activities | -$240.0K |
| NET CASH FROM FINANCING | -$52M |
| FREE CASH FLOW | $101M |
| Net Change in Cash | $752.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $56M |
| Short-Term Investments | $5.4B |
| Net Receivables | $145M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.4B |
| PP&E (Net) | $92M |
| Goodwill | $10M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $597M |
| TOTAL NON-CURRENT ASSETS | $705M |
| TOTAL ASSETS | $7.1B |
| Account Payables | $0 |
| Short-Term Debt | $585M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $152M |
| TOTAL CURRENT LIABILITIES | $737M |
| Long-Term Debt | $984M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $391M |
| Other Non-Current Liabilities | $1.0B |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $176.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $3.8B |
| Treasury Stock | -$931M |
| Accum. Other Comp. Income | -$457M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $7.1B |
| Total Debt | $1.6B |
| Net Debt | $1.5B |
