| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.9B | $1.4B | -2.0% | 32.8% |
| Op. Income | $346M | $210M | $445M | 64.8% | -22.2% |
| Gross Margin | 21.6% | 13.6% | 15.0% | 8.1pp | 6.7pp |
| Net Margin | 14.5% | 8.5% | 24.7% | 6.0pp | -10.2pp |
| EPS (Diluted) | $3.24 | $1.93 | $4.18 | 67.9% | -22.5% |
| Free Cash Flow | $119M | $492M | $227M | -75.8% | -47.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $413M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $67M |
| Operating Expenses | $67M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $346M |
| Interest Income | $15M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $346M |
| Income Tax Expense | $70M |
| Net Income from Continuing Ops | $276M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $276M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $276M |
| D&A | $22M |
| EBIT | $366M |
| EBITDA | $388M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $413M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $67M |
| Operating Expenses | $67M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $346M |
| Interest Income | $15M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $346M |
| Income Tax Expense | $70M |
| Net Income from Continuing Ops | $276M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $276M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $276M |
| D&A | $22M |
| EBIT | $366M |
| EBITDA | $388M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $276M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$35M |
| Change in Working Capital | -$153M |
| OPERATING CASH FLOW | $110M |
| Capital Expenditure | $9M |
| Acquisitions (Net) | $10M |
| Purchases of Investments | -$1.2B |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | -$30M |
| NET CASH FROM INVESTING | $11M |
| Net Debt Issuance | -$41M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$224M |
| Other Financing Activities | $219M |
| NET CASH FROM FINANCING | -$43M |
| FREE CASH FLOW | $119M |
| Net Change in Cash | $78M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $872M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $103M |
| Goodwill | $246M |
| Intangible Assets | $108M |
| Long-Term Investments | $13.6B |
| Tax Assets | $383M |
| Other Non-Current Assets | $7.4B |
| TOTAL NON-CURRENT ASSETS | $21.9B |
| TOTAL ASSETS | $24.1B |
| Account Payables | $0 |
| Short-Term Debt | $36M |
| Deferred Revenue | $2.3B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $153M |
| Other Non-Current Liabilities | $15.9B |
| TOTAL NON-CURRENT LIABILITIES | $17.7B |
| TOTAL LIABILITIES | $20.0B |
| Common Stock | $85M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $3.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$543M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $24.1B |
| Total Debt | $1.7B |
| Net Debt | $820M |
