| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $514M | $861M | $812M | -40.3% | -36.8% |
| Op. Income | $317M | $637M | $621M | -50.1% | -48.9% |
| Gross Margin | 69.1% | 78.2% | 80.5% | -9.0pp | -11.4pp |
| Net Margin | 138.3% | 136.4% | -113.6% | 1.8pp | 251.9pp |
| EPS (Diluted) | $3.60 | $5.67 | $-4.62 | -36.5% | 177.9% |
| Free Cash Flow | $79M | $269M | $214M | -70.7% | -63.2% |
| Item | Amount |
|---|---|
| REVENUE | $514M |
| Cost of Revenue | $159M |
| GROSS PROFIT | $355M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $38M |
| Cost & Expenses | $196M |
| OPERATING INCOME | $317M |
| Interest Income | $0 |
| Interest Expense | $36M |
| Other Income/Expenses | $610M |
| INCOME BEFORE TAX | $928M |
| Income Tax Expense | $218M |
| Net Income from Continuing Ops | $710M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $710M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $710M |
| D&A | $105M |
| EBIT | $955M |
| EBITDA | $1.1B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $514M |
| Cost of Revenue | $159M |
| GROSS PROFIT | $355M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $38M |
| Cost & Expenses | $196M |
| OPERATING INCOME | $317M |
| Interest Income | $0 |
| Interest Expense | $36M |
| Other Income/Expenses | $610M |
| INCOME BEFORE TAX | $928M |
| Income Tax Expense | $218M |
| Net Income from Continuing Ops | $710M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $710M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $710M |
| D&A | $105M |
| EBIT | $955M |
| EBITDA | $1.1B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $710M |
| Depreciation & Amortization | $105M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $217M |
| Other Non-Cash Items | -$909M |
| Change in Working Capital | $116M |
| OPERATING CASH FLOW | $249M |
| Capital Expenditure | -$170M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $11M |
| NET CASH FROM INVESTING | -$160M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$95M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$108M |
| FREE CASH FLOW | $79M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $144M |
| Inventory | $29M |
| Other Current Assets | $160M |
| TOTAL CURRENT ASSETS | $352M |
| PP&E (Net) | $1.7B |
| Goodwill | $323M |
| Intangible Assets | $75M |
| Long-Term Investments | $209M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.7B |
| TOTAL NON-CURRENT ASSETS | $8.0B |
| TOTAL ASSETS | $8.3B |
| Account Payables | $196M |
| Short-Term Debt | $52M |
| Deferred Revenue | $19M |
| Other Current Liabilities | $420M |
| TOTAL CURRENT LIABILITIES | $705M |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $450M |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $4.1B |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $8.3B |
| Total Debt | $2.4B |
| Net Debt | $2.4B |
