| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.0B | — | $7.5B | — | -7.3% |
| Op. Income | $696M | — | $1.1B | — | -38.4% |
| Gross Margin | 33.9% | — | 34.6% | — | -0.7pp |
| Net Margin | 4.6% | — | 9.1% | — | -4.5pp |
| EPS (Diluted) | $0.47 | — | $1.01 | — | -53.5% |
| Free Cash Flow | $724M | — | $710M | — | 1.9% |
| Item | Amount |
|---|---|
| REVENUE | $7.0B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.5B |
| Other Expenses | $161M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $6.3B |
| OPERATING INCOME | $696M |
| Interest Income | $0 |
| Interest Expense | $285M |
| Other Income/Expenses | -$286M |
| INCOME BEFORE TAX | $411M |
| Income Tax Expense | $89M |
| Net Income from Continuing Ops | $321M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $321M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $321M |
| D&A | $402M |
| EBIT | $695M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7.0B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.5B |
| Other Expenses | $161M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $6.3B |
| OPERATING INCOME | $696M |
| Interest Income | $0 |
| Interest Expense | $285M |
| Other Income/Expenses | -$286M |
| INCOME BEFORE TAX | $411M |
| Income Tax Expense | $89M |
| Net Income from Continuing Ops | $321M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $321M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $321M |
| D&A | $402M |
| EBIT | $695M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $321M |
| Depreciation & Amortization | $402M |
| Stock-Based Compensation | $41M |
| Deferred Income Tax | -$172M |
| Other Non-Cash Items | $262M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $870M |
| Capital Expenditure | -$146M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$144M |
| Net Debt Issuance | -$846M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $16M |
| NET CASH FROM FINANCING | -$844M |
| FREE CASH FLOW | $724M |
| Net Change in Cash | -$109M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $263M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $828M |
| Other Current Assets | $144M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $738M |
| Goodwill | $5.7B |
| Intangible Assets | $3.8B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $358M |
| TOTAL NON-CURRENT ASSETS | $10.6B |
| TOTAL ASSETS | $13.0B |
| Account Payables | $626M |
| Short-Term Debt | $260M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $544M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $5.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $613M |
| Other Non-Current Liabilities | $350M |
| TOTAL NON-CURRENT LIABILITIES | $6.2B |
| TOTAL LIABILITIES | $7.7B |
| Common Stock | $3.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$69M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.3B |
| TOTAL LIABILITIES & EQUITY | $13.0B |
| Total Debt | $5.5B |
| Net Debt | $5.3B |
