| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $216M | $230M | $222M | -6.1% | -2.7% |
| Op. Income | $119M | $102M | $95M | 17.5% | 25.3% |
| Gross Margin | 54.4% | 70.7% | 54.2% | -16.3pp | 0.2pp |
| Net Margin | 36.7% | 31.0% | 31.2% | 5.7pp | 5.5pp |
| EPS (Diluted) | $1.09 | $0.97 | $0.93 | 12.4% | 17.2% |
| Free Cash Flow | $89M | $74M | $79M | 20.2% | 11.5% |
| Item | Amount |
|---|---|
| REVENUE | $216M |
| Cost of Revenue | $98M |
| GROSS PROFIT | $118M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | -$16M |
| Operating Expenses | -$2M |
| Cost & Expenses | $97M |
| OPERATING INCOME | $119M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $105M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $11M |
| EBIT | $118M |
| EBITDA | $128M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $216M |
| Cost of Revenue | $98M |
| GROSS PROFIT | $118M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | -$16M |
| Operating Expenses | -$2M |
| Cost & Expenses | $97M |
| OPERATING INCOME | $119M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $105M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $11M |
| EBIT | $118M |
| EBITDA | $128M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $79M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | -$21M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $90M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$553.0K |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$45M |
| Common Stock Repurchased | -$19M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$83M |
| FREE CASH FLOW | $89M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $0 |
| Net Receivables | $91M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $141M |
| PP&E (Net) | $25M |
| Goodwill | $982M |
| Intangible Assets | $1.3B |
| Long-Term Investments | $29M |
| Tax Assets | $0 |
| Other Non-Current Assets | $58M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $46M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $324M |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $91M |
| Other Non-Current Liabilities | $97M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $784.0K |
| Additional Paid-In Capital | $686M |
| Retained Earnings | $518M |
| Treasury Stock | -$194M |
| Accum. Other Comp. Income | $27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $1.0B |
| Net Debt | $975M |
