| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $658M | $593M | $325M | 11.0% | 102.6% |
| Op. Income | $164M | $146M | -$40M | 12.5% | 513.1% |
| Gross Margin | 33.0% | 32.9% | 2.0% | 0.1pp | 31.0pp |
| Net Margin | 19.0% | 18.5% | -5.5% | 0.5pp | 24.6pp |
| EPS (Diluted) | $2.57 | $2.25 | $-0.37 | 14.2% | 794.6% |
| Free Cash Flow | $145M | $82M | -$35M | 76.7% | 510.7% |
| Item | Amount |
|---|---|
| REVENUE | $658M |
| Cost of Revenue | $441M |
| GROSS PROFIT | $217M |
| R&D Expenses | $0 |
| Selling & Marketing | $20M |
| General & Administrative | $34M |
| SG&A Expenses | $54M |
| Other Expenses | $33.0K |
| Operating Expenses | $54M |
| Cost & Expenses | $494M |
| OPERATING INCOME | $164M |
| Interest Income | $903.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $165M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $125M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $125M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $125M |
| D&A | $17M |
| EBIT | $164M |
| EBITDA | $181M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $658M |
| Cost of Revenue | $441M |
| GROSS PROFIT | $217M |
| R&D Expenses | $0 |
| Selling & Marketing | $20M |
| General & Administrative | $34M |
| SG&A Expenses | $54M |
| Other Expenses | $33.0K |
| Operating Expenses | $54M |
| Cost & Expenses | $494M |
| OPERATING INCOME | $164M |
| Interest Income | $903.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $165M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $125M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $125M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $125M |
| D&A | $17M |
| EBIT | $164M |
| EBITDA | $181M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $125M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $32M |
| OPERATING CASH FLOW | $173M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$52M |
| Sales/Maturities of Investments | $20M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$59M |
| Net Debt Issuance | -$55.0K |
| Common Stock Repurchased | -$45.0K |
| Common Dividends Paid | -$37M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$37M |
| FREE CASH FLOW | $145M |
| Net Change in Cash | $77M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $136M |
| Short-Term Investments | $146M |
| Net Receivables | $220M |
| Inventory | $266M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $779M |
| PP&E (Net) | $689M |
| Goodwill | $44M |
| Intangible Assets | $18M |
| Long-Term Investments | $19M |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $776M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $189M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $42M |
| TOTAL CURRENT LIABILITIES | $230M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $127M |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $136M |
| TOTAL LIABILITIES | $367M |
| Common Stock | $751.0K |
| Additional Paid-In Capital | $69M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$28M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | -$359.0K |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $0 |
| Net Debt | -$136M |
