| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $639M | $588M | — | 8.6% | — |
| Op. Income | $135M | $74M | — | 82.0% | — |
| Gross Margin | 52.4% | 50.9% | — | 1.5pp | — |
| Net Margin | 13.8% | 8.4% | — | 5.4pp | — |
| EPS (Diluted) | $0.59 | $0.33 | — | 78.8% | — |
| Free Cash Flow | $12M | -$62M | — | 118.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $639M |
| Cost of Revenue | $304M |
| GROSS PROFIT | $335M |
| R&D Expenses | $56M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $145M |
| Other Expenses | $400.0K |
| Operating Expenses | $201M |
| Cost & Expenses | $504M |
| OPERATING INCOME | $135M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $130M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $21M |
| EBIT | $129M |
| EBITDA | $150M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $639M |
| Cost of Revenue | $304M |
| GROSS PROFIT | $335M |
| R&D Expenses | $56M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $145M |
| Other Expenses | $400.0K |
| Operating Expenses | $201M |
| Cost & Expenses | $504M |
| OPERATING INCOME | $135M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $130M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $21M |
| EBIT | $129M |
| EBITDA | $150M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $88M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$36M |
| OPERATING CASH FLOW | $70M |
| Capital Expenditure | -$58M |
| Acquisitions (Net) | -$100.0K |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$58M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$71M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$100.0K |
| NET CASH FROM FINANCING | -$82M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$97M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $626M |
| Short-Term Investments | $0 |
| Net Receivables | $421M |
| Inventory | $750M |
| Other Current Assets | $240M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $422M |
| Goodwill | $382M |
| Intangible Assets | $214M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $283M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $158M |
| Short-Term Debt | $17M |
| Deferred Revenue | $176M |
| Other Current Liabilities | $514M |
| TOTAL CURRENT LIABILITIES | $865M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $382M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$92M |
| Other Equity | $2.1B |
| TOTAL STOCKHOLDERS' EQUITY | $937M |
| Minority Interest | $17M |
| TOTAL EQUITY | $954M |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $1.2B |
| Net Debt | $528M |
