| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $941M | $994M | $945M | -5.3% | -0.4% |
| Op. Income | $135M | $157M | $145M | -14.0% | -6.8% |
| Gross Margin | 57.1% | 55.3% | 55.6% | 1.8pp | 1.5pp |
| Net Margin | 17.8% | 11.1% | 14.7% | 6.7pp | 3.2pp |
| EPS (Diluted) | $0.67 | $0.44 | $0.55 | 52.3% | 21.8% |
| Free Cash Flow | $35M | $139M | $190M | -74.9% | -81.7% |
| Item | Amount |
|---|---|
| REVENUE | $941M |
| Cost of Revenue | $404M |
| GROSS PROFIT | $538M |
| R&D Expenses | $140M |
| Selling & Marketing | $139M |
| General & Administrative | $107M |
| SG&A Expenses | $246M |
| Other Expenses | $17M |
| Operating Expenses | $403M |
| Cost & Expenses | $806M |
| OPERATING INCOME | $135M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | $87M |
| INCOME BEFORE TAX | $222M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $168M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $168M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $168M |
| D&A | $42M |
| EBIT | $237M |
| EBITDA | $279M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $941M |
| Cost of Revenue | $404M |
| GROSS PROFIT | $538M |
| R&D Expenses | $140M |
| Selling & Marketing | $139M |
| General & Administrative | $107M |
| SG&A Expenses | $246M |
| Other Expenses | $17M |
| Operating Expenses | $403M |
| Cost & Expenses | $806M |
| OPERATING INCOME | $135M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | $87M |
| INCOME BEFORE TAX | $222M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $168M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $168M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $168M |
| D&A | $42M |
| EBIT | $237M |
| EBITDA | $279M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $168M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | -$101M |
| Change in Working Capital | -$85M |
| OPERATING CASH FLOW | $49M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $211M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | $186M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$219M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$226M |
| FREE CASH FLOW | $35M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $350M |
| Short-Term Investments | $0 |
| Net Receivables | $589M |
| Inventory | $372M |
| Other Current Assets | $164M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $362M |
| Goodwill | $3.9B |
| Intangible Assets | $433M |
| Long-Term Investments | $0 |
| Tax Assets | $464M |
| Other Non-Current Assets | $300M |
| TOTAL NON-CURRENT ASSETS | $5.4B |
| TOTAL ASSETS | $6.9B |
| Account Payables | $192M |
| Short-Term Debt | $300M |
| Deferred Revenue | $599M |
| Other Current Liabilities | $359M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $994M |
| Deferred Revenue NC | $86M |
| Deferred Tax Liabilities | $198M |
| Other Non-Current Liabilities | $183M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$239M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $6.9B |
| Total Debt | $1.4B |
| Net Debt | $1.1B |
