| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.6B | $1.5B | -2.2% | 7.7% |
| Op. Income | $133M | $120M | $127M | 10.8% | 4.5% |
| Gross Margin | 8.3% | 7.3% | 8.5% | 1.0pp | -0.2pp |
| Net Margin | 5.6% | 5.7% | 5.9% | -0.1pp | -0.4pp |
| EPS (Diluted) | $3.76 | $3.93 | $3.70 | -4.3% | 1.6% |
| Free Cash Flow | $132M | $117M | $176M | 13.2% | -24.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $133M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $117M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $89M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $35M |
| EBIT | $133M |
| EBITDA | $168M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $133M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $117M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $89M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $35M |
| EBIT | $133M |
| EBITDA | $168M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $89M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$31M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $145M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$106M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$106M |
| FREE CASH FLOW | $132M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $137M |
| Short-Term Investments | $0 |
| Net Receivables | $800M |
| Inventory | $110M |
| Other Current Assets | $79M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $509M |
| Goodwill | $4.1B |
| Intangible Assets | $562M |
| Long-Term Investments | $59M |
| Tax Assets | $0 |
| Other Non-Current Assets | $216M |
| TOTAL NON-CURRENT ASSETS | $5.4B |
| TOTAL ASSETS | $6.5B |
| Account Payables | $229M |
| Short-Term Debt | $31M |
| Deferred Revenue | $105M |
| Other Current Liabilities | $227M |
| TOTAL CURRENT LIABILITIES | $966M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $311M |
| Other Non-Current Liabilities | $189M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $4M |
| Additional Paid-In Capital | $580M |
| Retained Earnings | $3.6B |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | -$33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $135.0K |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $6.5B |
| Total Debt | $1.9B |
| Net Debt | $1.8B |
