| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.1B | 0.8% | -2.4% |
| Op. Income | $203M | $184M | $100M | 10.1% | 103.5% |
| Gross Margin | 33.0% | 32.6% | 28.8% | 0.3pp | 4.1pp |
| Net Margin | 15.5% | 14.4% | 7.0% | 1.1pp | 8.5pp |
| EPS (Diluted) | $0.11 | $0.10 | $0.05 | 9.1% | 125.0% |
| Free Cash Flow | $352M | $183M | $97M | 92.4% | 263.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $727M |
| GROSS PROFIT | $358M |
| R&D Expenses | $377M |
| Selling & Marketing | $39M |
| General & Administrative | $160M |
| SG&A Expenses | $199M |
| Other Expenses | -$421M |
| Operating Expenses | $155M |
| Cost & Expenses | $882M |
| OPERATING INCOME | $203M |
| Interest Income | $33M |
| Interest Expense | $6M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $201M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $176M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $168M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $168M |
| D&A | $32M |
| EBIT | $143M |
| EBITDA | $175M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $727M |
| GROSS PROFIT | $358M |
| R&D Expenses | $377M |
| Selling & Marketing | $39M |
| General & Administrative | $160M |
| SG&A Expenses | $199M |
| Other Expenses | -$421M |
| Operating Expenses | $155M |
| Cost & Expenses | $882M |
| OPERATING INCOME | $203M |
| Interest Income | $33M |
| Interest Expense | $6M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $201M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $176M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $168M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $168M |
| D&A | $32M |
| EBIT | $143M |
| EBITDA | $175M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $168M |
| Depreciation & Amortization | $169M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$225M |
| Change in Working Capital | $228M |
| OPERATING CASH FLOW | $364M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$24M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$125M |
| NET CASH FROM INVESTING | -$162M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$460M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $404M |
| NET CASH FROM FINANCING | -$56M |
| FREE CASH FLOW | $352M |
| Net Change in Cash | $142M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $1.7B |
| Net Receivables | $427M |
| Inventory | $2M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $105M |
| Goodwill | $2.8B |
| Intangible Assets | $708M |
| Long-Term Investments | $2.1B |
| Tax Assets | $51M |
| Other Non-Current Assets | $104M |
| TOTAL NON-CURRENT ASSETS | $5.9B |
| TOTAL ASSETS | $9.8B |
| Account Payables | $730M |
| Short-Term Debt | $0 |
| Deferred Revenue | $337M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $809M |
| Deferred Revenue NC | $16M |
| Deferred Tax Liabilities | $31M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $901M |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $292.2K |
| Additional Paid-In Capital | $5.3B |
| Retained Earnings | $1.8B |
| Treasury Stock | -$928M |
| Accum. Other Comp. Income | $897M |
| Other Equity | -$30M |
| TOTAL STOCKHOLDERS' EQUITY | $7.0B |
| Minority Interest | $150M |
| TOTAL EQUITY | $7.2B |
| TOTAL LIABILITIES & EQUITY | $9.8B |
| Total Debt | $872M |
| Net Debt | -$525M |
