| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $902M | $890M | $1.0B | 1.3% | -12.6% |
| Op. Income | $113M | $144M | $221M | -21.6% | -49.0% |
| Gross Margin | 68.5% | 69.5% | 72.2% | -1.0pp | -3.7pp |
| Net Margin | 4.6% | 8.2% | 18.5% | -3.5pp | -13.9pp |
| EPS (Diluted) | $0.54 | $0.93 | $2.40 | -41.9% | -77.5% |
| Free Cash Flow | $92M | $191M | $164M | -52.1% | -44.1% |
| Item | Amount |
|---|---|
| REVENUE | $902M |
| Cost of Revenue | $284M |
| GROSS PROFIT | $618M |
| R&D Expenses | $84M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $410M |
| Other Expenses | $11M |
| Operating Expenses | $505M |
| Cost & Expenses | $789M |
| OPERATING INCOME | $113M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $115M |
| Income Tax Expense | $74M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $34M |
| EBIT | $124M |
| EBITDA | $158M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $902M |
| Cost of Revenue | $284M |
| GROSS PROFIT | $618M |
| R&D Expenses | $84M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $410M |
| Other Expenses | $11M |
| Operating Expenses | $505M |
| Cost & Expenses | $789M |
| OPERATING INCOME | $113M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $115M |
| Income Tax Expense | $74M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $34M |
| EBIT | $124M |
| EBITDA | $158M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $35M |
| Deferred Income Tax | -$46M |
| Other Non-Cash Items | $23M |
| Change in Working Capital | $58M |
| OPERATING CASH FLOW | $145M |
| Capital Expenditure | -$53M |
| Acquisitions (Net) | -$12M |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$160M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$40M |
| NET CASH FROM FINANCING | -$200M |
| FREE CASH FLOW | $92M |
| Net Change in Cash | -$102M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $942M |
| Short-Term Investments | $58M |
| Net Receivables | $1.0B |
| Inventory | $339M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $1.4B |
| Goodwill | $408M |
| Intangible Assets | $96M |
| Long-Term Investments | $42M |
| Tax Assets | $1.6B |
| Other Non-Current Assets | $56M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $128M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.3B |
| Other Current Liabilities | $204M |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $320M |
| TOTAL NON-CURRENT LIABILITIES | $421M |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $2.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $127M |
| Net Debt | -$815M |
