| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $482M | $581M | $476M | -17.2% | 1.3% |
| Op. Income | $116M | $215M | $136M | -46.1% | -14.8% |
| Gross Margin | 55.3% | 62.0% | 56.9% | -6.7pp | -1.6pp |
| Net Margin | 23.1% | 32.7% | 28.1% | -9.6pp | -5.0pp |
| EPS (Diluted) | $0.81 | $1.36 | $0.93 | -40.4% | -12.9% |
| Free Cash Flow | $52M | $245M | $171M | -78.6% | -69.4% |
| Item | Amount |
|---|---|
| REVENUE | $482M |
| Cost of Revenue | $215M |
| GROSS PROFIT | $266M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $73M |
| SG&A Expenses | $73M |
| Other Expenses | $77M |
| Operating Expenses | $150M |
| Cost & Expenses | $366M |
| OPERATING INCOME | $116M |
| Interest Income | $2M |
| Interest Expense | $211.0K |
| Other Income/Expenses | $29M |
| INCOME BEFORE TAX | $145M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $25M |
| EBIT | $145M |
| EBITDA | $170M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $482M |
| Cost of Revenue | $215M |
| GROSS PROFIT | $266M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $73M |
| SG&A Expenses | $73M |
| Other Expenses | $77M |
| Operating Expenses | $150M |
| Cost & Expenses | $366M |
| OPERATING INCOME | $116M |
| Interest Income | $2M |
| Interest Expense | $211.0K |
| Other Income/Expenses | $29M |
| INCOME BEFORE TAX | $145M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $25M |
| EBIT | $145M |
| EBITDA | $170M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $111M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$70M |
| OPERATING CASH FLOW | $70M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$47M |
| Sales/Maturities of Investments | $55M |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$30M |
| Common Stock Repurchased | -$110M |
| Common Dividends Paid | -$54M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$186M |
| FREE CASH FLOW | $52M |
| Net Change in Cash | -$136M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $772M |
| Short-Term Investments | $31M |
| Net Receivables | $522M |
| Inventory | $0 |
| Other Current Assets | $51M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $207M |
| Goodwill | $117M |
| Intangible Assets | $292M |
| Long-Term Investments | $175M |
| Tax Assets | $2M |
| Other Non-Current Assets | $66M |
| TOTAL NON-CURRENT ASSETS | $859M |
| TOTAL ASSETS | $2.2B |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $14M |
| Other Current Liabilities | $62M |
| TOTAL CURRENT LIABILITIES | $254M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $23M |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $59M |
| TOTAL LIABILITIES | $313M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $694M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$46M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $33M |
| Net Debt | -$739M |
