| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.5B | $1.6B | 6.6% | 2.1% |
| Op. Income | $125M | $124M | $151M | 1.0% | -17.2% |
| Gross Margin | 7.9% | 8.4% | 9.8% | -0.4pp | -1.8pp |
| Net Margin | 6.0% | 6.1% | 7.8% | -0.1pp | -1.7pp |
| EPS (Diluted) | $4.04 | $3.83 | $4.78 | 5.5% | -15.5% |
| Free Cash Flow | $267M | $111M | $99M | 139.8% | 170.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $125M |
| 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 | $125M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $116M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $95M |
| D&A | $34M |
| EBIT | $125M |
| EBITDA | $160M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $125M |
| 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 | $125M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $116M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $95M |
| D&A | $34M |
| EBIT | $125M |
| EBITDA | $160M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $95M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | $123M |
| OPERATING CASH FLOW | $284M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | -$257M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$258M |
| FREE CASH FLOW | $267M |
| Net Change in Cash | $971.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $125M |
| Short-Term Investments | $0 |
| Net Receivables | $862M |
| Inventory | $98M |
| Other Current Assets | $108M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $520M |
| Goodwill | $4.1B |
| Intangible Assets | $601M |
| Long-Term Investments | $31M |
| Tax Assets | $0 |
| Other Non-Current Assets | $161M |
| TOTAL NON-CURRENT ASSETS | $5.4B |
| TOTAL ASSETS | $6.6B |
| Account Payables | $218M |
| Short-Term Debt | $31M |
| Deferred Revenue | $105M |
| Other Current Liabilities | $197M |
| TOTAL CURRENT LIABILITIES | $927M |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | $350M |
| Other Non-Current Liabilities | $175M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $4M |
| Additional Paid-In Capital | $563M |
| Retained Earnings | $3.5B |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | -$23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $135.0K |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $6.6B |
| Total Debt | $2.2B |
| Net Debt | $2.1B |
