| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $609M | $530M | $335M | 14.9% | 81.7% |
| Op. Income | $222M | $173M | $33M | 28.4% | 574.6% |
| Gross Margin | 82.1% | 81.6% | 73.7% | 0.4pp | 8.3pp |
| Net Margin | 31.7% | 28.7% | 35.0% | 3.0pp | -3.3pp |
| EPS (Diluted) | $5.39 | $4.25 | $3.30 | 26.8% | 63.3% |
| Free Cash Flow | $114M | $95M | $23M | 20.6% | 396.9% |
| Item | Amount |
|---|---|
| REVENUE | $609M |
| Cost of Revenue | $109M |
| GROSS PROFIT | $500M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | $256M |
| Operating Expenses | $278M |
| Cost & Expenses | $387M |
| OPERATING INCOME | $222M |
| Interest Income | $3M |
| Interest Expense | $13M |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $235M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $193M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $193M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $193M |
| D&A | $58M |
| EBIT | $249M |
| EBITDA | $307M |
| EPS | $6 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $609M |
| Cost of Revenue | $109M |
| GROSS PROFIT | $500M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | $256M |
| Operating Expenses | $278M |
| Cost & Expenses | $387M |
| OPERATING INCOME | $222M |
| Interest Income | $3M |
| Interest Expense | $13M |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $235M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $193M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $193M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $193M |
| D&A | $58M |
| EBIT | $249M |
| EBITDA | $307M |
| EPS | $6 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $193M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $36M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$100M |
| OPERATING CASH FLOW | $151M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $11M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | -$82M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$37M |
| Other Financing Activities | -$265.0K |
| NET CASH FROM FINANCING | -$119M |
| FREE CASH FLOW | $114M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $273M |
| Short-Term Investments | $0 |
| Net Receivables | $197M |
| Inventory | $66M |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $598M |
| PP&E (Net) | $2.0B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $126M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $130M |
| Short-Term Debt | $29M |
| Deferred Revenue | $966.0K |
| Other Current Liabilities | $158M |
| TOTAL CURRENT LIABILITIES | $449M |
| Long-Term Debt | $342M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $697M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $347.0K |
| Additional Paid-In Capital | $646M |
| Retained Earnings | $669M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$150M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $404M |
| Net Debt | $131M |
