| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $467M | $462M | $447M | 1.1% | 4.6% |
| Op. Income | $202M | $288M | $222M | -29.9% | -9.2% |
| Gross Margin | 93.6% | 94.4% | 91.7% | -0.8pp | 2.0pp |
| Net Margin | 24.8% | 51.9% | 38.7% | -27.1pp | -13.8pp |
| EPS (Diluted) | $2.41 | $5.03 | $3.65 | -52.1% | -34.0% |
| Free Cash Flow | $110M | $275M | $132M | -60.0% | -16.6% |
| Item | Amount |
|---|---|
| REVENUE | $467M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $437M |
| R&D Expenses | $94M |
| Selling & Marketing | $16M |
| General & Administrative | $125M |
| SG&A Expenses | $142M |
| Other Expenses | $0 |
| Operating Expenses | $235M |
| Cost & Expenses | $265M |
| OPERATING INCOME | $202M |
| Interest Income | $7M |
| Interest Expense | $6M |
| Other Income/Expenses | -$51M |
| INCOME BEFORE TAX | $151M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $13M |
| EBIT | $157M |
| EBITDA | $170M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $467M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $437M |
| R&D Expenses | $94M |
| Selling & Marketing | $16M |
| General & Administrative | $125M |
| SG&A Expenses | $142M |
| Other Expenses | $0 |
| Operating Expenses | $235M |
| Cost & Expenses | $265M |
| OPERATING INCOME | $202M |
| Interest Income | $7M |
| Interest Expense | $6M |
| Other Income/Expenses | -$51M |
| INCOME BEFORE TAX | $151M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $13M |
| EBIT | $157M |
| EBITDA | $170M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $116M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $66M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $47M |
| Change in Working Capital | -$114M |
| OPERATING CASH FLOW | $127M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$531M |
| Sales/Maturities of Investments | $379M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$169M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $24M |
| NET CASH FROM FINANCING | $24M |
| FREE CASH FLOW | $110M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $795M |
| Short-Term Investments | $1.5B |
| Net Receivables | $173M |
| Inventory | $90M |
| Other Current Assets | $166M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $791M |
| Goodwill | $28M |
| Intangible Assets | $17M |
| Long-Term Investments | $1.6B |
| Tax Assets | $275M |
| Other Non-Current Assets | $106M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $5.5B |
| Account Payables | $197M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $135M |
| TOTAL CURRENT LIABILITIES | $332M |
| Long-Term Debt | $800M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $93M |
| TOTAL NON-CURRENT LIABILITIES | $893M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $4.7B |
| Treasury Stock | -$2.6B |
| Accum. Other Comp. Income | -$66M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.3B |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $800M |
| Net Debt | $5M |
