| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | $2.9B | $2.7B | -0.1% | 6.2% |
| Op. Income | $214M | $359M | $286M | -40.4% | -25.2% |
| Gross Margin | 24.5% | 23.9% | 26.3% | 0.6pp | -1.8pp |
| Net Margin | 5.5% | 7.5% | 11.3% | -2.0pp | -5.8pp |
| EPS (Diluted) | $0.33 | $0.45 | $0.64 | -26.7% | -48.4% |
| Free Cash Flow | $325M | $384M | $288M | -15.5% | 12.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $713M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $499M |
| SG&A Expenses | $499M |
| Other Expenses | $0 |
| Operating Expenses | $499M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $214M |
| Interest Income | $1M |
| Interest Expense | $97M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $184M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $158M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $159M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $159M |
| D&A | $90M |
| EBIT | $234M |
| EBITDA | $324M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $713M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $499M |
| SG&A Expenses | $499M |
| Other Expenses | $0 |
| Operating Expenses | $499M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $214M |
| Interest Income | $1M |
| Interest Expense | $97M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $184M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $158M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $159M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $159M |
| D&A | $90M |
| EBIT | $234M |
| EBITDA | $324M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $159M |
| Depreciation & Amortization | $90M |
| Stock-Based Compensation | -$700.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $171M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $425M |
| Capital Expenditure | -$100M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$92M |
| Net Debt Issuance | -$184M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$150M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$331M |
| FREE CASH FLOW | $325M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $83M |
| Short-Term Investments | $0 |
| Net Receivables | $867M |
| Inventory | $2.0B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $2.7B |
| Goodwill | $11.3B |
| Intangible Assets | $3.9B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $19.4B |
| TOTAL ASSETS | $22.4B |
| Account Payables | $1.9B |
| Short-Term Debt | $892M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.5B |
| Long-Term Debt | $8.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.3B |
| Other Non-Current Liabilities | $422M |
| TOTAL NON-CURRENT LIABILITIES | $10.1B |
| TOTAL LIABILITIES | $13.6B |
| Common Stock | $2.9B |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $6.6B |
| Treasury Stock | -$3.0B |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.8B |
| Minority Interest | $75M |
| TOTAL EQUITY | $8.9B |
| TOTAL LIABILITIES & EQUITY | $22.4B |
| Total Debt | $9.2B |
| Net Debt | $9.1B |
