| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $471M | $482M | $485M | -2.1% | -2.9% |
| Op. Income | $51M | $116M | $141M | -55.9% | -63.8% |
| Gross Margin | 40.3% | 55.3% | 56.1% | -15.0pp | -15.8pp |
| Net Margin | 13.1% | 23.1% | 28.4% | -10.0pp | -15.4pp |
| EPS (Diluted) | $0.45 | $0.81 | $0.97 | -44.4% | -53.6% |
| Free Cash Flow | $74M | $52M | $145M | 41.9% | -48.6% |
| Item | Amount |
|---|---|
| REVENUE | $471M |
| Cost of Revenue | $281M |
| GROSS PROFIT | $190M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $69M |
| SG&A Expenses | $69M |
| Other Expenses | $70M |
| Operating Expenses | $139M |
| Cost & Expenses | $420M |
| OPERATING INCOME | $51M |
| Interest Income | $4M |
| Interest Expense | $143.0K |
| Other Income/Expenses | $29M |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $19M |
| EBIT | $80M |
| EBITDA | $99M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $471M |
| Cost of Revenue | $281M |
| GROSS PROFIT | $190M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $69M |
| SG&A Expenses | $69M |
| Other Expenses | $70M |
| Operating Expenses | $139M |
| Cost & Expenses | $420M |
| OPERATING INCOME | $51M |
| Interest Income | $4M |
| Interest Expense | $143.0K |
| Other Income/Expenses | $29M |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $19M |
| EBIT | $80M |
| EBITDA | $99M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $62M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | $273.0K |
| Change in Working Capital | $24M |
| OPERATING CASH FLOW | $98M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$28M |
| Sales/Maturities of Investments | $34M |
| Other Investing Activities | -$58.0K |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$56M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$49M |
| FREE CASH FLOW | $74M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $791M |
| Short-Term Investments | $32M |
| Net Receivables | $574M |
| Inventory | $0 |
| Other Current Assets | $55M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $207M |
| Goodwill | $118M |
| Intangible Assets | $292M |
| Long-Term Investments | $154M |
| Tax Assets | $2M |
| Other Non-Current Assets | $70M |
| TOTAL NON-CURRENT ASSETS | $843M |
| TOTAL ASSETS | $2.3B |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $13M |
| Other Current Liabilities | $90M |
| TOTAL CURRENT LIABILITIES | $327M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $38M |
| TOTAL LIABILITIES | $365M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $711M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$68M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $30M |
| Net Debt | -$762M |
