| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $473M | $469M | $460M | 1.0% | 2.9% |
| Op. Income | $61M | $57M | $60M | 7.7% | 2.5% |
| Gross Margin | 40.1% | 38.4% | 39.6% | 1.7pp | 0.5pp |
| Net Margin | 11.2% | 8.5% | 9.6% | 2.7pp | 1.6pp |
| EPS (Diluted) | $1.26 | $0.94 | $1.04 | 34.0% | 21.2% |
| Free Cash Flow | $116M | $60M | $193M | 92.7% | -40.0% |
| Item | Amount |
|---|---|
| REVENUE | $473M |
| Cost of Revenue | $283M |
| GROSS PROFIT | $190M |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $103M |
| Other Expenses | $0 |
| Operating Expenses | $129M |
| Cost & Expenses | $412M |
| OPERATING INCOME | $61M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $45M |
| EBIT | $61M |
| EBITDA | $106M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $473M |
| Cost of Revenue | $283M |
| GROSS PROFIT | $190M |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $103M |
| Other Expenses | $0 |
| Operating Expenses | $129M |
| Cost & Expenses | $412M |
| OPERATING INCOME | $61M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $45M |
| EBIT | $61M |
| EBITDA | $106M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $53M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | -$14M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $129M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | -$393.0K |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $14M |
| Other Investing Activities | $174.0K |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$190M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$181M |
| FREE CASH FLOW | $116M |
| Net Change in Cash | -$67M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $186M |
| Short-Term Investments | $39M |
| Net Receivables | $569M |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $860M |
| PP&E (Net) | $228M |
| Goodwill | $2.4B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $23M |
| Tax Assets | $0 |
| Other Non-Current Assets | $60M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $108M |
| Short-Term Debt | $30M |
| Deferred Revenue | $529M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $812M |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $203M |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $481.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $1.4B |
| Treasury Stock | -$23M |
| Accum. Other Comp. Income | -$846.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $1.1B |
| Net Debt | $951M |
