| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.4B | $4.1B | $3.6B | 6.4% | 23.6% |
| Op. Income | $198M | $148M | $132M | 34.0% | 49.8% |
| Gross Margin | 9.9% | 9.2% | 10.1% | 0.7pp | -0.2pp |
| Net Margin | 1.7% | 1.0% | 1.0% | 0.7pp | 0.7pp |
| EPS (Diluted) | $0.29 | $0.16 | $0.14 | 81.2% | 107.1% |
| Free Cash Flow | $732M | -$101M | $302M | 825.9% | 142.1% |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $433M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $103M |
| Other Expenses | $132M |
| Operating Expenses | $235M |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $198M |
| Interest Income | $0 |
| Interest Expense | $99M |
| Other Income/Expenses | -$99M |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $132M |
| EBIT | $207M |
| EBITDA | $339M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $433M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $103M |
| Other Expenses | $132M |
| Operating Expenses | $235M |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $198M |
| Interest Income | $0 |
| Interest Expense | $99M |
| Other Income/Expenses | -$99M |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $132M |
| EBIT | $207M |
| EBITDA | $339M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $75M |
| Depreciation & Amortization | $132M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | $20M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $587M |
| OPERATING CASH FLOW | $836M |
| Capital Expenditure | -$105M |
| Acquisitions (Net) | -$60M |
| Purchases of Investments | -$78M |
| Sales/Maturities of Investments | $78M |
| Other Investing Activities | -$25M |
| NET CASH FROM INVESTING | -$190M |
| Net Debt Issuance | -$719M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$28M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$741M |
| FREE CASH FLOW | $732M |
| Net Change in Cash | -$109M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $329M |
| Short-Term Investments | $0 |
| Net Receivables | $2.1B |
| Inventory | $552M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $2.6B |
| Goodwill | $5.5B |
| Intangible Assets | $2.3B |
| Long-Term Investments | $405M |
| Tax Assets | $0 |
| Other Non-Current Assets | $932M |
| TOTAL NON-CURRENT ASSETS | $11.8B |
| TOTAL ASSETS | $15.1B |
| Account Payables | $1.3B |
| Short-Term Debt | $65M |
| Deferred Revenue | $347M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $7.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $501M |
| Other Non-Current Liabilities | $605M |
| TOTAL NON-CURRENT LIABILITIES | $8.8B |
| TOTAL LIABILITIES | $12.0B |
| Common Stock | $3M |
| Additional Paid-In Capital | $3.7B |
| Retained Earnings | $407M |
| Treasury Stock | -$951M |
| Accum. Other Comp. Income | -$112M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $9M |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $15.1B |
| Total Debt | $7.8B |
| Net Debt | $7.5B |
