| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $619M | $616M | $498M | 0.4% | 24.3% |
| Op. Income | $155M | $21M | $108M | 628.4% | 43.2% |
| Gross Margin | 59.3% | 59.1% | 61.3% | 0.2pp | -2.0pp |
| Net Margin | 14.3% | -7.2% | -2.4% | 21.5pp | 16.7pp |
| EPS (Diluted) | $2.02 | $-1.00 | $-0.26 | 302.0% | 876.9% |
| Free Cash Flow | $185M | $395M | $133M | -53.0% | 39.1% |
| Item | Amount |
|---|---|
| REVENUE | $619M |
| Cost of Revenue | $252M |
| GROSS PROFIT | $367M |
| R&D Expenses | $0 |
| Selling & Marketing | $77M |
| General & Administrative | $95M |
| SG&A Expenses | $172M |
| Other Expenses | $40M |
| Operating Expenses | $212M |
| Cost & Expenses | $463M |
| OPERATING INCOME | $155M |
| Interest Income | $0 |
| Interest Expense | $35M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $124M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $89M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $66M |
| EBIT | $159M |
| EBITDA | $225M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $619M |
| Cost of Revenue | $252M |
| GROSS PROFIT | $367M |
| R&D Expenses | $0 |
| Selling & Marketing | $77M |
| General & Administrative | $95M |
| SG&A Expenses | $172M |
| Other Expenses | $40M |
| Operating Expenses | $212M |
| Cost & Expenses | $463M |
| OPERATING INCOME | $155M |
| Interest Income | $0 |
| Interest Expense | $35M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $124M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $89M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $66M |
| EBIT | $159M |
| EBITDA | $225M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $89M |
| Depreciation & Amortization | $66M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $54M |
| Change in Working Capital | -$799.0K |
| OPERATING CASH FLOW | $223M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$28M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$53M |
| Net Debt Issuance | -$85M |
| Common Stock Repurchased | -$133M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $146M |
| NET CASH FROM FINANCING | -$72M |
| FREE CASH FLOW | $185M |
| Net Change in Cash | $158M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $1.4B |
| Net Receivables | $3.4B |
| Inventory | $0 |
| Other Current Assets | $118M |
| TOTAL CURRENT ASSETS | $6.8B |
| PP&E (Net) | $269M |
| Goodwill | $2.7B |
| Intangible Assets | $1.5B |
| Long-Term Investments | $131M |
| Tax Assets | $13M |
| Other Non-Current Assets | $96M |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $11.5B |
| Account Payables | $1.2B |
| Short-Term Debt | $214M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $4.8B |
| TOTAL CURRENT LIABILITIES | $6.3B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $87M |
| Deferred Tax Liabilities | $142M |
| Other Non-Current Liabilities | $764M |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $9.9B |
| Common Stock | $495.0K |
| Additional Paid-In Capital | $928M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$463M |
| Accum. Other Comp. Income | -$306M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $11.5B |
| Total Debt | $2.8B |
| Net Debt | $948M |
