| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | $3.1B | $2.8B | -4.7% | 5.1% |
| Op. Income | $359M | $409M | $449M | -12.3% | -19.9% |
| Gross Margin | 23.9% | 24.7% | 27.4% | -0.7pp | -3.4pp |
| Net Margin | 7.5% | 9.0% | 10.2% | -1.5pp | -2.7pp |
| EPS (Diluted) | $0.45 | $0.57 | $0.58 | -21.1% | -22.4% |
| Free Cash Flow | $384M | $20M | $414M | 1848.2% | -7.3% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $697M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $338M |
| SG&A Expenses | $338M |
| Other Expenses | $0 |
| Operating Expenses | $338M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $359M |
| Interest Income | $500.0K |
| Interest Expense | $95M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $329M |
| Income Tax Expense | $110M |
| Net Income from Continuing Ops | $219M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $218M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $218M |
| D&A | $92M |
| EBIT | $376M |
| EBITDA | $468M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $697M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $338M |
| SG&A Expenses | $338M |
| Other Expenses | $0 |
| Operating Expenses | $338M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $359M |
| Interest Income | $500.0K |
| Interest Expense | $95M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $329M |
| Income Tax Expense | $110M |
| Net Income from Continuing Ops | $219M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $218M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $218M |
| D&A | $92M |
| EBIT | $376M |
| EBITDA | $468M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $219M |
| Depreciation & Amortization | $92M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$38M |
| Change in Working Capital | $205M |
| OPERATING CASH FLOW | $491M |
| Capital Expenditure | -$107M |
| Acquisitions (Net) | $8M |
| Purchases of Investments | -$600.0K |
| Sales/Maturities of Investments | $500.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$99M |
| Net Debt Issuance | -$237M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$150M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$383M |
| FREE CASH FLOW | $384M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80M |
| Short-Term Investments | $0 |
| Net Receivables | $915M |
| Inventory | $1.8B |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $2.7B |
| Goodwill | $11.3B |
| Intangible Assets | $4.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $19.6B |
| TOTAL ASSETS | $22.5B |
| Account Payables | $1.6B |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $3.5B |
| Long-Term Debt | $8.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.0B |
| TOTAL NON-CURRENT LIABILITIES | $10.1B |
| TOTAL LIABILITIES | $13.6B |
| Common Stock | $2.9B |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $6.5B |
| Treasury Stock | -$3.0B |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.8B |
| Minority Interest | $79M |
| TOTAL EQUITY | $8.9B |
| TOTAL LIABILITIES & EQUITY | $22.5B |
| Total Debt | $9.2B |
| Net Debt | $9.1B |
