| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.3B | -0.6% | 0.4% |
| Op. Income | $254M | $262M | $301M | -2.9% | -15.8% |
| Gross Margin | 41.7% | 41.2% | 44.2% | 0.6pp | -2.4pp |
| Net Margin | 14.2% | 14.1% | 17.6% | 0.1pp | -3.4pp |
| EPS (Diluted) | $0.76 | $0.76 | $0.92 | 0.0% | -17.4% |
| Free Cash Flow | $164M | $134M | $289M | 22.3% | -43.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $768M |
| GROSS PROFIT | $550M |
| R&D Expenses | $0 |
| Selling & Marketing | $141M |
| General & Administrative | $155M |
| SG&A Expenses | $296M |
| Other Expenses | $0 |
| Operating Expenses | $296M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $254M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $235M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $187M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $187M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $187M |
| D&A | $53M |
| EBIT | $258M |
| EBITDA | $312M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $768M |
| GROSS PROFIT | $550M |
| R&D Expenses | $0 |
| Selling & Marketing | $141M |
| General & Administrative | $155M |
| SG&A Expenses | $296M |
| Other Expenses | $0 |
| Operating Expenses | $296M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $254M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $235M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $187M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $187M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $187M |
| D&A | $53M |
| EBIT | $258M |
| EBITDA | $312M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $187M |
| Depreciation & Amortization | $53M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $224M |
| Capital Expenditure | -$59M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | -$300M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$64M |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$358M |
| FREE CASH FLOW | $164M |
| Net Change in Cash | -$202M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $438M |
| Short-Term Investments | $0 |
| Net Receivables | $391M |
| Inventory | $675M |
| Other Current Assets | $60M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $716M |
| Goodwill | $2.3B |
| Intangible Assets | $3.4B |
| Long-Term Investments | $12M |
| Tax Assets | $0 |
| Other Non-Current Assets | $320M |
| TOTAL NON-CURRENT ASSETS | $6.7B |
| TOTAL ASSETS | $8.3B |
| Account Payables | $656M |
| Short-Term Debt | $426M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $301M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $739M |
| Other Non-Current Liabilities | $151M |
| TOTAL NON-CURRENT LIABILITIES | $3.1B |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $293M |
| Additional Paid-In Capital | $356M |
| Retained Earnings | $5.8B |
| Treasury Stock | -$2.7B |
| Accum. Other Comp. Income | -$46M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $8.3B |
| Total Debt | $2.7B |
| Net Debt | $2.2B |
