| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.1B | $6.0B | $6.5B | -15.8% | -22.1% |
| Op. Income | $164M | $288M | $287M | -43.0% | -42.9% |
| Gross Margin | 6.7% | 7.5% | 6.7% | -0.7pp | 0.0pp |
| Net Margin | 1.9% | 3.8% | 3.5% | -1.9pp | -1.6pp |
| EPS (Diluted) | $0.80 | $1.78 | $1.74 | -55.1% | -54.0% |
| Free Cash Flow | $746M | $594M | $57M | 25.5% | 1196.6% |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $341M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $177M |
| Other Expenses | $0 |
| Operating Expenses | $177M |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $164M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $122M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $96M |
| D&A | $24M |
| EBIT | $164M |
| EBITDA | $188M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $341M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $177M |
| Other Expenses | $0 |
| Operating Expenses | $177M |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $164M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $122M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $96M |
| D&A | $24M |
| EBIT | $164M |
| EBITDA | $188M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $96M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $18M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $609M |
| OPERATING CASH FLOW | $773M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | -$225M |
| Common Stock Repurchased | -$436M |
| Common Dividends Paid | -$69M |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$726M |
| FREE CASH FLOW | $746M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $217M |
| Short-Term Investments | $0 |
| Net Receivables | $3.2B |
| Inventory | $0 |
| Other Current Assets | $122M |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $532M |
| Goodwill | $1.5B |
| Intangible Assets | $153M |
| Long-Term Investments | $0 |
| Tax Assets | $182M |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $6.0B |
| Account Payables | $1.5B |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $486M |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $920M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $12M |
| Additional Paid-In Capital | $743M |
| Retained Earnings | $5.6B |
| Treasury Stock | -$4.9B |
| Accum. Other Comp. Income | -$89M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $6.0B |
| Total Debt | $2.4B |
| Net Debt | $2.1B |
