| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.0B | $6.8B | $6.3B | -11.5% | -4.0% |
| Op. Income | $288M | $470M | $311M | -38.8% | -7.5% |
| Gross Margin | 7.5% | 8.6% | 7.1% | -1.2pp | 0.4pp |
| Net Margin | 3.8% | 5.1% | 3.9% | -1.4pp | -0.2pp |
| EPS (Diluted) | $1.78 | $2.67 | $1.85 | -33.3% | -3.8% |
| Free Cash Flow | $594M | $222M | -$96M | 167.6% | 717.5% |
| Item | Amount |
|---|---|
| REVENUE | $6.0B |
| Cost of Revenue | $5.6B |
| GROSS PROFIT | $450M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $162M |
| Other Expenses | $0 |
| Operating Expenses | $162M |
| Cost & Expenses | $5.7B |
| OPERATING INCOME | $288M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $272M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $226M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $226M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $226M |
| D&A | $23M |
| EBIT | $288M |
| EBITDA | $311M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $6.0B |
| Cost of Revenue | $5.6B |
| GROSS PROFIT | $450M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $162M |
| Other Expenses | $0 |
| Operating Expenses | $162M |
| Cost & Expenses | $5.7B |
| OPERATING INCOME | $288M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $272M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $226M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $226M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $226M |
| D&A | $23M |
| EBIT | $288M |
| EBITDA | $311M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $226M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | -$71M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $424M |
| OPERATING CASH FLOW | $625M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | -$70M |
| Common Stock Repurchased | -$533M |
| Common Dividends Paid | -$71M |
| Other Financing Activities | $37M |
| NET CASH FROM FINANCING | -$637M |
| FREE CASH FLOW | $594M |
| Net Change in Cash | -$51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $188M |
| Short-Term Investments | $0 |
| Net Receivables | $4.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $508M |
| Goodwill | $1.5B |
| Intangible Assets | $68M |
| Long-Term Investments | $0 |
| Tax Assets | $207M |
| Other Non-Current Assets | $120M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $6.8B |
| Account Payables | $1.7B |
| Short-Term Debt | $779M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $205M |
| TOTAL CURRENT LIABILITIES | $3.4B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $5.1B |
| Common Stock | $12M |
| Additional Paid-In Capital | $731M |
| Retained Earnings | $5.6B |
| Treasury Stock | -$4.5B |
| Accum. Other Comp. Income | -$138M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $2.6B |
| Net Debt | $2.4B |
