| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $469M | $456M | $404M | 2.8% | 16.0% |
| Op. Income | $57M | $57M | $56M | -0.2% | 1.0% |
| Gross Margin | 38.4% | 39.0% | 42.2% | -0.6pp | -3.9pp |
| Net Margin | 8.5% | 8.8% | 6.3% | -0.2pp | 2.2pp |
| EPS (Diluted) | $0.94 | $0.94 | $0.61 | 0.0% | 54.1% |
| Free Cash Flow | $60M | $41M | -$33M | 46.3% | 279.2% |
| Item | Amount |
|---|---|
| REVENUE | $469M |
| Cost of Revenue | $289M |
| GROSS PROFIT | $180M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $100M |
| Other Expenses | $0 |
| Operating Expenses | $123M |
| Cost & Expenses | $412M |
| OPERATING INCOME | $57M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $40M |
| EBIT | $57M |
| EBITDA | $97M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $469M |
| Cost of Revenue | $289M |
| GROSS PROFIT | $180M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $100M |
| Other Expenses | $0 |
| Operating Expenses | $123M |
| Cost & Expenses | $412M |
| OPERATING INCOME | $57M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $40M |
| EBIT | $57M |
| EBITDA | $97M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $40M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $77M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | -$615.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | $181.0K |
| NET CASH FROM INVESTING | $795.0K |
| Net Debt Issuance | -$60M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$68M |
| FREE CASH FLOW | $60M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $253M |
| Short-Term Investments | $34M |
| Net Receivables | $600M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $957M |
| PP&E (Net) | $218M |
| Goodwill | $2.4B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $26M |
| Tax Assets | $0 |
| Other Non-Current Assets | $59M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $4.8B |
| Account Payables | $131M |
| Short-Term Debt | $30M |
| Deferred Revenue | $529M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $834M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $217M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $481.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $1.4B |
| Treasury Stock | -$24M |
| Accum. Other Comp. Income | -$809.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $1.3B |
| Net Debt | $1.1B |
