| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | — | 1.6% | — |
| Op. Income | $421M | $449M | — | -6.4% | — |
| Gross Margin | 37.5% | 37.5% | — | 0.0pp | — |
| Net Margin | 27.9% | 31.0% | — | -3.0pp | — |
| EPS (Diluted) | $2.33 | $2.54 | — | -8.3% | — |
| Free Cash Flow | $639M | $247M | — | 158.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $838M |
| GROSS PROFIT | $504M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | $64M |
| Operating Expenses | $84M |
| Cost & Expenses | $922M |
| OPERATING INCOME | $421M |
| Interest Income | $5M |
| Interest Expense | $34M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $395M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $384M |
| Net Income from Discontinued Ops | -$800.0K |
| Other Adjustments | $0 |
| NET INCOME | $375M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $378M |
| D&A | $81M |
| EBIT | $429M |
| EBITDA | $510M |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $838M |
| GROSS PROFIT | $504M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | $64M |
| Operating Expenses | $84M |
| Cost & Expenses | $922M |
| OPERATING INCOME | $421M |
| Interest Income | $5M |
| Interest Expense | $34M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $395M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $384M |
| Net Income from Discontinued Ops | -$800.0K |
| Other Adjustments | $0 |
| NET INCOME | $375M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $378M |
| D&A | $81M |
| EBIT | $429M |
| EBITDA | $510M |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $376M |
| Depreciation & Amortization | $94M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $162M |
| Change in Working Capital | $48M |
| OPERATING CASH FLOW | $679M |
| Capital Expenditure | -$40M |
| Acquisitions (Net) | $7M |
| Purchases of Investments | -$199M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$218M |
| Net Debt Issuance | -$192M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$226M |
| NET CASH FROM FINANCING | -$195M |
| FREE CASH FLOW | $639M |
| Net Change in Cash | $221M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $0 |
| Net Receivables | $426M |
| Inventory | $277M |
| Other Current Assets | $306M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $2.8B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $220M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $764M |
| Short-Term Debt | $547M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $322M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $25M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.0B |
| Retained Earnings | -$248M |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | $256M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $50M |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $883M |
| Net Debt | -$472M |
