| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | $2.0B | $1.8B | 25.2% | 36.4% |
| Op. Income | $420M | $266M | $177M | 57.8% | 137.2% |
| Gross Margin | 22.2% | 19.6% | 16.9% | 2.6pp | 5.4pp |
| Net Margin | 12.4% | 19.1% | 7.1% | -6.7pp | 5.4pp |
| EPS (Diluted) | $2.54 | $3.12 | $1.07 | -18.6% | 137.4% |
| Free Cash Flow | $85M | -$93M | $53M | 191.1% | 58.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $559M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $140M |
| Other Expenses | $0 |
| Operating Expenses | $140M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $420M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $405M |
| Income Tax Expense | $93M |
| Net Income from Continuing Ops | $312M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $312M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $312M |
| D&A | $44M |
| EBIT | $418M |
| EBITDA | $462M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $559M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $140M |
| Other Expenses | $0 |
| Operating Expenses | $140M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $420M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $405M |
| Income Tax Expense | $93M |
| Net Income from Continuing Ops | $312M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $312M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $312M |
| D&A | $44M |
| EBIT | $418M |
| EBITDA | $462M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $312M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $29M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$212M |
| OPERATING CASH FLOW | $187M |
| Capital Expenditure | -$103M |
| Acquisitions (Net) | -$552M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$650M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$38M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $61M |
| NET CASH FROM FINANCING | -$146.0K |
| FREE CASH FLOW | $85M |
| Net Change in Cash | -$463M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $410M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $1.3B |
| Other Current Assets | $126M |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $1.8B |
| Goodwill | $254M |
| Intangible Assets | $266M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $332M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $6.1B |
| Account Payables | $493M |
| Short-Term Debt | $423M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $224M |
| Other Non-Current Liabilities | $231M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $375M |
| Retained Earnings | $3.0B |
| Treasury Stock | -$190M |
| Accum. Other Comp. Income | -$86M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $232.0K |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $6.1B |
| Total Debt | $1.5B |
| Net Debt | $1.1B |
