| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.1B | — | $3.0B | — | 38.4% |
| Op. Income | $148M | — | $74M | — | 99.2% |
| Gross Margin | 9.2% | — | 9.9% | — | -0.7pp |
| Net Margin | 1.0% | — | 1.1% | — | -0.1pp |
| EPS (Diluted) | $0.16 | — | $0.13 | — | 23.1% |
| Free Cash Flow | -$101M | — | -$94M | — | -7.2% |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $380M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $99M |
| Other Expenses | $133M |
| Operating Expenses | $232M |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $148M |
| Interest Income | $0 |
| Interest Expense | $91M |
| Other Income/Expenses | -$91M |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $133M |
| EBIT | $148M |
| EBITDA | $281M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $380M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $99M |
| Other Expenses | $133M |
| Operating Expenses | $232M |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $148M |
| Interest Income | $0 |
| Interest Expense | $91M |
| Other Income/Expenses | -$91M |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $133M |
| EBIT | $148M |
| EBITDA | $281M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $40M |
| Depreciation & Amortization | $133M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | $152.0K |
| Change in Working Capital | -$221M |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$87M |
| Acquisitions (Net) | -$266M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$352M |
| Net Debt Issuance | $412M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$28M |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | $386M |
| FREE CASH FLOW | -$101M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $439M |
| Short-Term Investments | $0 |
| Net Receivables | $2.1B |
| Inventory | $515M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $2.6B |
| Goodwill | $5.6B |
| Intangible Assets | $2.2B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $11.8B |
| TOTAL ASSETS | $15.0B |
| Account Payables | $908M |
| Short-Term Debt | $78M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $8.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.1B |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $9.5B |
| TOTAL LIABILITIES | $12.1B |
| Common Stock | $3M |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | $359M |
| Treasury Stock | -$941M |
| Accum. Other Comp. Income | -$149M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $9M |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $15.0B |
| Total Debt | $8.6B |
| Net Debt | $8.1B |
