| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.3B | $2.3B | 0.1% | 0.1% |
| Op. Income | $562M | $467M | $475M | 20.3% | 18.3% |
| Gross Margin | 50.2% | 50.6% | 50.5% | -0.4pp | -0.4pp |
| Net Margin | 16.0% | 10.8% | 14.0% | 5.2pp | 2.0pp |
| EPS (Diluted) | $0.93 | $0.60 | $0.80 | 55.0% | 16.3% |
| Free Cash Flow | $529M | $329M | $483M | 60.8% | 9.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $77M |
| Selling & Marketing | $237M |
| General & Administrative | $143M |
| SG&A Expenses | $380M |
| Other Expenses | $126M |
| Operating Expenses | $583M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $562M |
| Interest Income | $0 |
| Interest Expense | $108M |
| Other Income/Expenses | -$112M |
| INCOME BEFORE TAX | $450M |
| Income Tax Expense | $85M |
| Net Income from Continuing Ops | $365M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $365M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $366M |
| D&A | $144M |
| EBIT | $558M |
| EBITDA | $702M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $77M |
| Selling & Marketing | $237M |
| General & Administrative | $143M |
| SG&A Expenses | $380M |
| Other Expenses | $126M |
| Operating Expenses | $583M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $562M |
| Interest Income | $0 |
| Interest Expense | $108M |
| Other Income/Expenses | -$112M |
| INCOME BEFORE TAX | $450M |
| Income Tax Expense | $85M |
| Net Income from Continuing Ops | $365M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $365M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $366M |
| D&A | $144M |
| EBIT | $558M |
| EBITDA | $702M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $365M |
| Depreciation & Amortization | $144M |
| Stock-Based Compensation | $54M |
| Deferred Income Tax | $70M |
| Other Non-Cash Items | $24M |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $676M |
| Capital Expenditure | -$147M |
| Acquisitions (Net) | $15M |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$133M |
| Net Debt Issuance | -$344M |
| Common Stock Repurchased | -$48M |
| Common Dividends Paid | -$94M |
| Other Financing Activities | -$40M |
| NET CASH FROM FINANCING | -$526M |
| FREE CASH FLOW | $529M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $57M |
| Short-Term Investments | $0 |
| Net Receivables | $655M |
| Inventory | $0 |
| Other Current Assets | $326M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $1.8B |
| Goodwill | $3.2B |
| Intangible Assets | $3.0B |
| Long-Term Investments | $412M |
| Tax Assets | $147M |
| Other Non-Current Assets | $312M |
| TOTAL NON-CURRENT ASSETS | $9.0B |
| TOTAL ASSETS | $10.0B |
| Account Payables | $1.2B |
| Short-Term Debt | $196M |
| Deferred Revenue | $1.3B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.0B |
| Long-Term Debt | $9.3B |
| Deferred Revenue NC | $81M |
| Deferred Tax Liabilities | $565M |
| Other Non-Current Liabilities | $170M |
| TOTAL NON-CURRENT LIABILITIES | $10.4B |
| TOTAL LIABILITIES | $13.4B |
| Common Stock | $4M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$3.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$3.4B |
| TOTAL LIABILITIES & EQUITY | $10.0B |
| Total Debt | $9.8B |
| Net Debt | $9.8B |
