| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.3B | 1.3% | 3.4% |
| Op. Income | $301M | $304M | $320M | -1.0% | -5.9% |
| Gross Margin | 48.4% | 47.2% | 48.8% | 1.2pp | -0.4pp |
| Net Margin | 15.5% | 12.1% | 19.4% | 3.4pp | -3.9pp |
| EPS (Diluted) | $0.81 | $0.61 | $0.94 | 32.8% | -13.8% |
| Free Cash Flow | $323M | $242M | $444M | 33.7% | -27.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $691M |
| GROSS PROFIT | $647M |
| R&D Expenses | $116M |
| Selling & Marketing | $129M |
| General & Administrative | $102M |
| SG&A Expenses | $231M |
| Other Expenses | $0 |
| Operating Expenses | $346M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $301M |
| Interest Income | $0 |
| Interest Expense | $105M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $273M |
| Income Tax Expense | $65M |
| Net Income from Continuing Ops | $208M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $208M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $208M |
| D&A | $177M |
| EBIT | $382M |
| EBITDA | $559M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $691M |
| GROSS PROFIT | $647M |
| R&D Expenses | $116M |
| Selling & Marketing | $129M |
| General & Administrative | $102M |
| SG&A Expenses | $231M |
| Other Expenses | $0 |
| Operating Expenses | $346M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $301M |
| Interest Income | $0 |
| Interest Expense | $105M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $273M |
| Income Tax Expense | $65M |
| Net Income from Continuing Ops | $208M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $208M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $208M |
| D&A | $177M |
| EBIT | $382M |
| EBITDA | $559M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $208M |
| Depreciation & Amortization | $177M |
| Stock-Based Compensation | $32M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$63M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $370M |
| Capital Expenditure | -$47M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $900.0K |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$50M |
| Net Debt Issuance | -$166M |
| Common Stock Repurchased | -$91M |
| Common Dividends Paid | -$50M |
| Other Financing Activities | -$145M |
| NET CASH FROM FINANCING | -$433M |
| FREE CASH FLOW | $323M |
| Net Change in Cash | -$106M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $440M |
| Short-Term Investments | $0 |
| Net Receivables | $1.8B |
| Inventory | $0 |
| Other Current Assets | $197M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $605M |
| Goodwill | $8.9B |
| Intangible Assets | $3.9B |
| Long-Term Investments | $461M |
| Tax Assets | $0 |
| Other Non-Current Assets | $368M |
| TOTAL NON-CURRENT ASSETS | $14.2B |
| TOTAL ASSETS | $16.7B |
| Account Payables | $50M |
| Short-Term Debt | $56M |
| Deferred Revenue | $465M |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $7.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $873M |
| Other Non-Current Liabilities | $226M |
| TOTAL NON-CURRENT LIABILITIES | $8.4B |
| TOTAL LIABILITIES | $10.6B |
| Common Stock | $3M |
| Additional Paid-In Capital | $5.1B |
| Retained Earnings | $2.7B |
| Treasury Stock | -$1.3B |
| Accum. Other Comp. Income | -$550M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.0B |
| Minority Interest | $59M |
| TOTAL EQUITY | $6.1B |
| TOTAL LIABILITIES & EQUITY | $16.7B |
| Total Debt | $7.3B |
| Net Debt | $6.9B |
