| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.3B | -0.6% | 4.5% |
| Op. Income | $304M | $246M | $340M | 23.9% | -10.6% |
| Gross Margin | 47.2% | 47.0% | 49.4% | 0.2pp | -2.1pp |
| Net Margin | 12.1% | 8.3% | 14.6% | 3.8pp | -2.5pp |
| EPS (Diluted) | $0.61 | $0.42 | $0.69 | 45.2% | -11.6% |
| Free Cash Flow | $242M | $214M | $346M | 13.0% | -30.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $697M |
| GROSS PROFIT | $624M |
| R&D Expenses | $108M |
| Selling & Marketing | $121M |
| General & Administrative | $91M |
| SG&A Expenses | $212M |
| Other Expenses | $0 |
| Operating Expenses | $320M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $304M |
| Interest Income | $0 |
| Interest Expense | $86M |
| Other Income/Expenses | -$91M |
| INCOME BEFORE TAX | $213M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $160M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $160M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $160M |
| D&A | $165M |
| EBIT | $299M |
| EBITDA | $464M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $697M |
| GROSS PROFIT | $624M |
| R&D Expenses | $108M |
| Selling & Marketing | $121M |
| General & Administrative | $91M |
| SG&A Expenses | $212M |
| Other Expenses | $0 |
| Operating Expenses | $320M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $304M |
| Interest Income | $0 |
| Interest Expense | $86M |
| Other Income/Expenses | -$91M |
| INCOME BEFORE TAX | $213M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $160M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $160M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $160M |
| D&A | $165M |
| EBIT | $299M |
| EBITDA | $464M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $160M |
| Depreciation & Amortization | $165M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $317M |
| Capital Expenditure | -$76M |
| Acquisitions (Net) | -$32M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $71M |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | -$56M |
| Common Stock Repurchased | -$215M |
| Common Dividends Paid | -$51M |
| Other Financing Activities | -$500M |
| NET CASH FROM FINANCING | -$821M |
| FREE CASH FLOW | $242M |
| Net Change in Cash | -$549M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $402M |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $612M |
| Goodwill | $8.7B |
| Intangible Assets | $4.2B |
| Long-Term Investments | $391M |
| Tax Assets | $0 |
| Other Non-Current Assets | $108M |
| TOTAL NON-CURRENT ASSETS | $14.0B |
| TOTAL ASSETS | $16.5B |
| Account Payables | $35M |
| Short-Term Debt | $57M |
| Deferred Revenue | $436M |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $7.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $843M |
| Other Non-Current Liabilities | $247M |
| TOTAL NON-CURRENT LIABILITIES | $8.5B |
| TOTAL LIABILITIES | $10.7B |
| Common Stock | $3M |
| Additional Paid-In Capital | $5.1B |
| Retained Earnings | $2.6B |
| Treasury Stock | -$1.2B |
| Accum. Other Comp. Income | -$750M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.7B |
| Minority Interest | $59M |
| TOTAL EQUITY | $5.8B |
| TOTAL LIABILITIES & EQUITY | $16.5B |
| Total Debt | $7.5B |
| Net Debt | $7.1B |
