| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $612M | $619M | — | -1.1% | — |
| Op. Income | $154M | $155M | — | -0.5% | — |
| Gross Margin | 59.6% | 59.3% | — | 0.3pp | — |
| Net Margin | 11.1% | 14.3% | — | -3.2pp | — |
| EPS (Diluted) | $1.56 | $2.02 | — | -22.8% | — |
| Free Cash Flow | -$8M | $185M | — | -104.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $612M |
| Cost of Revenue | $247M |
| GROSS PROFIT | $365M |
| R&D Expenses | $0 |
| Selling & Marketing | $80M |
| General & Administrative | $89M |
| SG&A Expenses | $169M |
| Other Expenses | $42M |
| Operating Expenses | $210M |
| Cost & Expenses | $458M |
| OPERATING INCOME | $154M |
| Interest Income | $0 |
| Interest Expense | $53M |
| Other Income/Expenses | -$56M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $67M |
| EBIT | $151M |
| EBITDA | $218M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $612M |
| Cost of Revenue | $247M |
| GROSS PROFIT | $365M |
| R&D Expenses | $0 |
| Selling & Marketing | $80M |
| General & Administrative | $89M |
| SG&A Expenses | $169M |
| Other Expenses | $42M |
| Operating Expenses | $210M |
| Cost & Expenses | $458M |
| OPERATING INCOME | $154M |
| Interest Income | $0 |
| Interest Expense | $53M |
| Other Income/Expenses | -$56M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $67M |
| EBIT | $151M |
| EBITDA | $218M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $68M |
| Depreciation & Amortization | $67M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $65M |
| Change in Working Capital | -$192M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.1B |
| Sales/Maturities of Investments | $81M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | $195M |
| Common Stock Repurchased | -$101M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $950M |
| NET CASH FROM FINANCING | $1.0B |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $922M |
| Short-Term Investments | $2.5B |
| Net Receivables | $3.4B |
| Inventory | $0 |
| Other Current Assets | $1.3B |
| TOTAL CURRENT ASSETS | $8.1B |
| PP&E (Net) | $210M |
| Goodwill | $2.7B |
| Intangible Assets | $1.4B |
| Long-Term Investments | $49M |
| Tax Assets | $14M |
| Other Non-Current Assets | $240M |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $12.7B |
| Account Payables | $1.4B |
| Short-Term Debt | $290M |
| Deferred Revenue | $145M |
| Other Current Liabilities | $4.0B |
| TOTAL CURRENT LIABILITIES | $7.5B |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $138M |
| Other Non-Current Liabilities | $785M |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $11.1B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $951M |
| Retained Earnings | $1.6B |
| Treasury Stock | -$556M |
| Accum. Other Comp. Income | -$283M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $12.7B |
| Total Debt | $2.9B |
| Net Debt | $2.0B |
