| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | — | $1.9B | — | 5.5% |
| Op. Income | $219M | — | $216M | — | 1.1% |
| Gross Margin | 40.3% | — | 39.0% | — | 1.2pp |
| Net Margin | 8.5% | — | 8.9% | — | -0.4pp |
| EPS (Diluted) | $3.88 | — | $3.87 | — | 0.3% |
| Free Cash Flow | $327M | — | $331M | — | -1.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $786M |
| R&D Expenses | $110M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $458M |
| Other Expenses | $0 |
| Operating Expenses | $568M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $219M |
| Interest Income | $3M |
| Interest Expense | $24M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $198M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $166M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $166M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $166M |
| D&A | $171M |
| EBIT | $222M |
| EBITDA | $393M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $786M |
| R&D Expenses | $110M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $458M |
| Other Expenses | $0 |
| Operating Expenses | $568M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $219M |
| Interest Income | $3M |
| Interest Expense | $24M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $198M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $166M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $166M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $166M |
| D&A | $171M |
| EBIT | $222M |
| EBITDA | $393M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $166M |
| Depreciation & Amortization | $171M |
| Stock-Based Compensation | $108M |
| Deferred Income Tax | -$74M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $411.0K |
| OPERATING CASH FLOW | $380M |
| Capital Expenditure | -$53M |
| Acquisitions (Net) | -$63M |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $49M |
| Other Investing Activities | -$32M |
| NET CASH FROM INVESTING | -$77M |
| Net Debt Issuance | -$345M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$312M |
| FREE CASH FLOW | $327M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $165M |
| Short-Term Investments | $10M |
| Net Receivables | $620M |
| Inventory | $0 |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $861M |
| PP&E (Net) | $209M |
| Goodwill | $2.5B |
| Intangible Assets | $996M |
| Long-Term Investments | $7M |
| Tax Assets | $0 |
| Other Non-Current Assets | $72M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $146M |
| Short-Term Debt | $50M |
| Deferred Revenue | $633M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $596M |
| Deferred Revenue NC | $291.0K |
| Deferred Tax Liabilities | $79M |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $738M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $481.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $1.6B |
| Treasury Stock | -$21M |
| Accum. Other Comp. Income | -$326.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $697M |
| Net Debt | $531M |
