| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.5B | $5.9B | $4.9B | 10.6% | 32.0% |
| Op. Income | $274M | $212M | $88M | 29.6% | 213.0% |
| Gross Margin | 12.5% | 12.2% | 11.6% | 0.4pp | 1.0pp |
| Net Margin | 2.8% | 2.6% | 2.2% | 0.3pp | 0.6pp |
| EPS (Diluted) | $1.84 | $1.50 | $1.07 | 22.7% | 72.0% |
| Free Cash Flow | $232M | -$242M | -$19M | 195.8% | 1332.2% |
| Item | Amount |
|---|---|
| REVENUE | $6.5B |
| Cost of Revenue | $5.7B |
| GROSS PROFIT | $813M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $512M |
| Other Expenses | $26M |
| Operating Expenses | $539M |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $274M |
| Interest Income | $0 |
| Interest Expense | $26M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $248M |
| Income Tax Expense | $65M |
| Net Income from Continuing Ops | $183M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $183M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $183M |
| D&A | $38M |
| EBIT | $274M |
| EBITDA | $312M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $6.5B |
| Cost of Revenue | $5.7B |
| GROSS PROFIT | $813M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $512M |
| Other Expenses | $26M |
| Operating Expenses | $539M |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $274M |
| Interest Income | $0 |
| Interest Expense | $26M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $248M |
| Income Tax Expense | $65M |
| Net Income from Continuing Ops | $183M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $183M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $183M |
| D&A | $38M |
| EBIT | $274M |
| EBITDA | $312M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $183M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $37M |
| Change in Working Capital | -$30M |
| OPERATING CASH FLOW | $244M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $17M |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | -$123M |
| Common Stock Repurchased | -$43M |
| Common Dividends Paid | -$26M |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$203M |
| FREE CASH FLOW | $232M |
| Net Change in Cash | $32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $199M |
| Short-Term Investments | $0 |
| Net Receivables | $4.2B |
| Inventory | $3.7B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.2B |
| PP&E (Net) | $569M |
| Goodwill | $805M |
| Intangible Assets | $16M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $174M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $9.8B |
| Account Payables | $3.0B |
| Short-Term Debt | $481M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$57M |
| TOTAL CURRENT LIABILITIES | $4.1B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $104M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $5.5B |
| Common Stock | $98M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $2.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$286M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.3B |
| TOTAL LIABILITIES & EQUITY | $9.8B |
| Total Debt | $1.9B |
| Net Debt | $1.7B |
