| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $709M | $714M | $659M | -0.8% | 7.5% |
| Op. Income | $192M | $200M | $192M | -3.8% | 0.1% |
| Gross Margin | 56.7% | 57.0% | 58.9% | -0.3pp | -2.2pp |
| Net Margin | 22.0% | 23.1% | 24.5% | -1.1pp | -2.4pp |
| EPS (Diluted) | $2.60 | $2.72 | $2.60 | -4.4% | 0.0% |
| Free Cash Flow | $116M | $18M | $128M | 557.6% | -9.1% |
| Item | Amount |
|---|---|
| REVENUE | $709M |
| Cost of Revenue | $307M |
| GROSS PROFIT | $401M |
| R&D Expenses | $43M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $164M |
| Other Expenses | $2M |
| Operating Expenses | $209M |
| Cost & Expenses | $517M |
| OPERATING INCOME | $192M |
| Interest Income | $3M |
| Interest Expense | $12M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $183M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $156M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $156M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $156M |
| D&A | $32M |
| EBIT | $196M |
| EBITDA | $228M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $709M |
| Cost of Revenue | $307M |
| GROSS PROFIT | $401M |
| R&D Expenses | $43M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $164M |
| Other Expenses | $2M |
| Operating Expenses | $209M |
| Cost & Expenses | $517M |
| OPERATING INCOME | $192M |
| Interest Income | $3M |
| Interest Expense | $12M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $183M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $156M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $156M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $156M |
| D&A | $32M |
| EBIT | $196M |
| EBITDA | $228M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $156M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$40M |
| OPERATING CASH FLOW | $158M |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | -$611.0K |
| Purchases of Investments | -$448.0K |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $611.0K |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | $60M |
| Common Stock Repurchased | -$155M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | -$88M |
| FREE CASH FLOW | $116M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $444M |
| Short-Term Investments | $876.0K |
| Net Receivables | $601M |
| Inventory | $442M |
| Other Current Assets | $88M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $634M |
| Goodwill | $420M |
| Intangible Assets | $213M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $227M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $97M |
| Short-Term Debt | $50M |
| Deferred Revenue | $249M |
| Other Current Liabilities | $185M |
| TOTAL CURRENT LIABILITIES | $732M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $397M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $8.3B |
| Treasury Stock | -$9.9B |
| Accum. Other Comp. Income | -$164M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $385M |
| Minority Interest | $0 |
| TOTAL EQUITY | $385M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $1.6B |
| Net Debt | $1.2B |
