| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.4B | $6.5B | $5.2B | -1.8% | 21.9% |
| Op. Income | $285M | $274M | $118M | 3.7% | 141.3% |
| Gross Margin | 12.2% | 12.5% | 12.3% | -0.3pp | -0.1pp |
| Net Margin | 3.9% | 2.8% | 1.6% | 1.0pp | 2.2pp |
| EPS (Diluted) | $2.51 | $1.84 | $0.85 | 36.4% | 195.3% |
| Free Cash Flow | -$215M | $232M | -$118M | -192.6% | -82.4% |
| Item | Amount |
|---|---|
| REVENUE | $6.4B |
| Cost of Revenue | $5.6B |
| GROSS PROFIT | $780M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $495M |
| Other Expenses | $0 |
| Operating Expenses | $495M |
| Cost & Expenses | $6.1B |
| OPERATING INCOME | $285M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $249M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $247M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $247M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $247M |
| D&A | $37M |
| EBIT | $279M |
| EBITDA | $316M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $6.4B |
| Cost of Revenue | $5.6B |
| GROSS PROFIT | $780M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $495M |
| Other Expenses | $0 |
| Operating Expenses | $495M |
| Cost & Expenses | $6.1B |
| OPERATING INCOME | $285M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $249M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $247M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $247M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $247M |
| D&A | $37M |
| EBIT | $279M |
| EBITDA | $316M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $247M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$54M |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | -$424M |
| OPERATING CASH FLOW | -$200M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $90M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$75M |
| NET CASH FROM INVESTING | -$89.0K |
| Net Debt Issuance | $280M |
| Common Stock Repurchased | -$95M |
| Common Dividends Paid | -$25M |
| Other Financing Activities | $200.0K |
| NET CASH FROM FINANCING | $160M |
| FREE CASH FLOW | -$215M |
| Net Change in Cash | -$46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $154M |
| Short-Term Investments | $0 |
| Net Receivables | $4.3B |
| Inventory | $4.2B |
| Other Current Assets | $178M |
| TOTAL CURRENT ASSETS | $8.9B |
| PP&E (Net) | $542M |
| Goodwill | $759M |
| Intangible Assets | $13M |
| Long-Term Investments | -$211M |
| Tax Assets | $211M |
| Other Non-Current Assets | $198M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $10.4B |
| Account Payables | $3.4B |
| Short-Term Debt | $174M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $323M |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | -$55M |
| Deferred Tax Liabilities | $55M |
| Other Non-Current Liabilities | $307M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $6.2B |
| Common Stock | $96M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $2.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$481M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.2B |
| TOTAL LIABILITIES & EQUITY | $10.4B |
| Total Debt | $1.9B |
| Net Debt | $1.7B |
