| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.3B | 2.6% | 5.5% |
| Op. Income | $246M | $292M | $313M | -15.8% | -21.5% |
| Gross Margin | 47.0% | 47.9% | 47.3% | -0.9pp | -0.3pp |
| Net Margin | 8.3% | 13.3% | 15.1% | -5.0pp | -6.8pp |
| EPS (Diluted) | $0.42 | $0.64 | $0.71 | -34.4% | -40.8% |
| Free Cash Flow | $214M | $148M | $348M | 44.5% | -38.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $704M |
| GROSS PROFIT | $624M |
| R&D Expenses | $118M |
| Selling & Marketing | $139M |
| General & Administrative | $121M |
| SG&A Expenses | $260M |
| Other Expenses | $0 |
| Operating Expenses | $379M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $246M |
| Interest Income | $0 |
| Interest Expense | $68M |
| Other Income/Expenses | -$90M |
| INCOME BEFORE TAX | $156M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $110M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $164M |
| EBIT | $223M |
| EBITDA | $387M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $704M |
| GROSS PROFIT | $624M |
| R&D Expenses | $118M |
| Selling & Marketing | $139M |
| General & Administrative | $121M |
| SG&A Expenses | $260M |
| Other Expenses | $0 |
| Operating Expenses | $379M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $246M |
| Interest Income | $0 |
| Interest Expense | $68M |
| Other Income/Expenses | -$90M |
| INCOME BEFORE TAX | $156M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $110M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $164M |
| EBIT | $223M |
| EBITDA | $387M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $110M |
| Depreciation & Amortization | $164M |
| Stock-Based Compensation | $46M |
| Deferred Income Tax | -$34M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$43M |
| OPERATING CASH FLOW | $264M |
| Capital Expenditure | -$50M |
| Acquisitions (Net) | -$44M |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $11M |
| NET CASH FROM INVESTING | -$90M |
| Net Debt Issuance | -$235M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$51M |
| Other Financing Activities | -$895M |
| NET CASH FROM FINANCING | -$1.2B |
| FREE CASH FLOW | $214M |
| Net Change in Cash | -$1.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $438M |
| Short-Term Investments | $0 |
| Net Receivables | $2.5B |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $635M |
| Goodwill | $8.9B |
| Intangible Assets | $4.4B |
| Long-Term Investments | $468M |
| Tax Assets | $0 |
| Other Non-Current Assets | $87M |
| TOTAL NON-CURRENT ASSETS | $14.4B |
| TOTAL ASSETS | $17.5B |
| Account Payables | $55M |
| Short-Term Debt | $58M |
| Deferred Revenue | $472M |
| Other Current Liabilities | $1.8B |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $7.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $872M |
| Other Non-Current Liabilities | $251M |
| TOTAL NON-CURRENT LIABILITIES | $8.6B |
| TOTAL LIABILITIES | $11.4B |
| Common Stock | $3M |
| Additional Paid-In Capital | $5.0B |
| Retained Earnings | $2.5B |
| Treasury Stock | -$955M |
| Accum. Other Comp. Income | -$505M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.1B |
| Minority Interest | $59M |
| TOTAL EQUITY | $6.1B |
| TOTAL LIABILITIES & EQUITY | $17.5B |
| Total Debt | $7.5B |
| Net Debt | $7.1B |
