| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $379M | $371M | — | 2.3% | — |
| Op. Income | $61M | $68M | — | -9.5% | — |
| Gross Margin | 32.3% | 32.4% | — | -0.2pp | — |
| Net Margin | 8.9% | 10.6% | — | -1.7pp | — |
| EPS (Diluted) | $0.25 | $0.29 | — | -13.8% | — |
| Free Cash Flow | $9M | -$6M | — | 242.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $379M |
| Cost of Revenue | $257M |
| GROSS PROFIT | $122M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $56M |
| Other Expenses | $5M |
| Operating Expenses | $61M |
| Cost & Expenses | $318M |
| OPERATING INCOME | $61M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $5M |
| EBIT | $61M |
| EBITDA | $67M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $379M |
| Cost of Revenue | $257M |
| GROSS PROFIT | $122M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $56M |
| Other Expenses | $5M |
| Operating Expenses | $61M |
| Cost & Expenses | $318M |
| OPERATING INCOME | $61M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $5M |
| EBIT | $61M |
| EBITDA | $67M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$600.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$600.0K |
| Net Debt Issuance | $15M |
| Common Stock Repurchased | -$22M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $0 |
| Net Receivables | $173M |
| Inventory | $200M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $421M |
| PP&E (Net) | $8M |
| Goodwill | $66M |
| Intangible Assets | $203M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $286M |
| TOTAL ASSETS | $707M |
| Account Payables | $94M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $30M |
| TOTAL CURRENT LIABILITIES | $144M |
| Long-Term Debt | $930M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $940M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $7M |
| Retained Earnings | -$356M |
| Treasury Stock | -$25M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$376M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$376M |
| TOTAL LIABILITIES & EQUITY | $707M |
| Total Debt | $938M |
| Net Debt | $902M |
