| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $2.4B | $2.0B | -7.5% | 12.4% |
| Op. Income | $352M | $354M | $273M | -0.7% | 28.9% |
| Gross Margin | 22.8% | 21.1% | 20.0% | 1.7pp | 2.9pp |
| Net Margin | 11.8% | 12.0% | 11.8% | -0.2pp | 0.0pp |
| EPS (Diluted) | $2.20 | $2.40 | $1.90 | -8.3% | 15.8% |
| Free Cash Flow | $239M | $303M | -$44M | -21.0% | 639.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $508M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $156M |
| Other Expenses | $0 |
| Operating Expenses | $156M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $352M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $338M |
| Income Tax Expense | $77M |
| Net Income from Continuing Ops | $262M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $262M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $262M |
| D&A | $51M |
| EBIT | $352M |
| EBITDA | $403M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $508M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $156M |
| Other Expenses | $0 |
| Operating Expenses | $156M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $352M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $338M |
| Income Tax Expense | $77M |
| Net Income from Continuing Ops | $262M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $262M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $262M |
| D&A | $51M |
| EBIT | $352M |
| EBITDA | $403M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $262M |
| Depreciation & Amortization | $51M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | $17M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $372M |
| Capital Expenditure | -$133M |
| Acquisitions (Net) | -$64M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$196M |
| Net Debt Issuance | -$180M |
| Common Stock Repurchased | -$73M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$274M |
| FREE CASH FLOW | $239M |
| Net Change in Cash | -$92M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $582M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $1.1B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $2.0B |
| Goodwill | $277M |
| Intangible Assets | $251M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $492M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $6.3B |
| Account Payables | $397M |
| Short-Term Debt | $239M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $284M |
| Other Non-Current Liabilities | $235M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $1M |
| Additional Paid-In Capital | $361M |
| Retained Earnings | $3.6B |
| Treasury Stock | -$324M |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $232.0K |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $6.3B |
| Total Debt | $1.3B |
| Net Debt | $750M |
