| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.3B | $1.4B | 9.0% | 4.9% |
| Op. Income | -$198M | $254M | $176M | -178.1% | -212.5% |
| Gross Margin | 42.0% | 41.7% | 42.5% | 0.2pp | -0.5pp |
| Net Margin | -11.5% | 14.2% | 11.6% | -25.7pp | -23.0pp |
| EPS (Diluted) | $-0.68 | $0.76 | $0.64 | -189.5% | -206.3% |
| Free Cash Flow | $270M | $164M | $286M | 64.5% | -5.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $834M |
| GROSS PROFIT | $603M |
| R&D Expenses | $0 |
| Selling & Marketing | $190M |
| General & Administrative | $611M |
| SG&A Expenses | $801M |
| Other Expenses | $0 |
| Operating Expenses | $801M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | -$198M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | -$224M |
| Income Tax Expense | -$59M |
| Net Income from Continuing Ops | -$165M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$165M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$165M |
| D&A | $58M |
| EBIT | -$194M |
| EBITDA | -$136M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$165M |
| Depreciation & Amortization | $58M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$105M |
| Other Non-Cash Items | $411M |
| Change in Working Capital | $141M |
| OPERATING CASH FLOW | $351M |
| Capital Expenditure | -$81M |
| Acquisitions (Net) | -$547M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$400.0K |
| NET CASH FROM INVESTING | -$628M |
| Net Debt Issuance | $170M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$64M |
| Other Financing Activities | -$700.0K |
| NET CASH FROM FINANCING | $105M |
| FREE CASH FLOW | $270M |
| Net Change in Cash | -$167M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $270M |
| Short-Term Investments | $0 |
| Net Receivables | $422M |
| Inventory | $647M |
| Other Current Assets | $57M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $761M |
| Goodwill | $2.4B |
| Intangible Assets | $3.4B |
| Long-Term Investments | $13M |
| Tax Assets | $0 |
| Other Non-Current Assets | $318M |
| TOTAL NON-CURRENT ASSETS | $6.9B |
| TOTAL ASSETS | $8.3B |
| Account Payables | $667M |
| Short-Term Debt | $96M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $347M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $757M |
| Other Non-Current Liabilities | $163M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $294M |
| Additional Paid-In Capital | $366M |
| Retained Earnings | $5.5B |
| Treasury Stock | -$2.7B |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $8.3B |
| Total Debt | $2.8B |
| Net Debt | $2.6B |
