| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $457M | $471M | $502M | -3.1% | -9.0% |
| Op. Income | $94M | $51M | $143M | 84.2% | -34.4% |
| Gross Margin | 50.1% | 40.3% | 56.4% | 9.8pp | -6.3pp |
| Net Margin | 24.6% | 13.1% | 29.0% | 11.5pp | -4.4pp |
| EPS (Diluted) | $0.83 | $0.45 | $1.03 | 84.4% | -19.4% |
| Free Cash Flow | $120M | $74M | $139M | 61.7% | -13.3% |
| Item | Amount |
|---|---|
| REVENUE | $457M |
| Cost of Revenue | $228M |
| GROSS PROFIT | $229M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $66M |
| SG&A Expenses | $66M |
| Other Expenses | $69M |
| Operating Expenses | $135M |
| Cost & Expenses | $363M |
| OPERATING INCOME | $94M |
| Interest Income | $7M |
| Interest Expense | $145.0K |
| Other Income/Expenses | $43M |
| INCOME BEFORE TAX | $137M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $112M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $112M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $112M |
| D&A | $19M |
| EBIT | $137M |
| EBITDA | $156M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $457M |
| Cost of Revenue | $228M |
| GROSS PROFIT | $229M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $66M |
| SG&A Expenses | $66M |
| Other Expenses | $69M |
| Operating Expenses | $135M |
| Cost & Expenses | $363M |
| OPERATING INCOME | $94M |
| Interest Income | $7M |
| Interest Expense | $145.0K |
| Other Income/Expenses | $43M |
| INCOME BEFORE TAX | $137M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $112M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $112M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $112M |
| D&A | $19M |
| EBIT | $137M |
| EBITDA | $156M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $112M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$19M |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $138M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$54M |
| Sales/Maturities of Investments | $37M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$78M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$56M |
| FREE CASH FLOW | $120M |
| Net Change in Cash | $62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $853M |
| Short-Term Investments | $32M |
| Net Receivables | $519M |
| Inventory | $0 |
| Other Current Assets | $49M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $206M |
| Goodwill | $116M |
| Intangible Assets | $293M |
| Long-Term Investments | $239M |
| Tax Assets | $5M |
| Other Non-Current Assets | $72M |
| TOTAL NON-CURRENT ASSETS | $930M |
| TOTAL ASSETS | $2.4B |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $15M |
| Other Current Liabilities | $110M |
| TOTAL CURRENT LIABILITIES | $398M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $32M |
| TOTAL LIABILITIES | $430M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $694M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$49M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $29M |
| Net Debt | -$824M |
