| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $859M | $848M | $787M | 1.2% | 9.1% |
| Op. Income | $150M | $104M | $131M | 44.4% | 14.3% |
| Gross Margin | 65.1% | 63.3% | 65.9% | 1.8pp | -0.8pp |
| Net Margin | 9.9% | 7.7% | 12.1% | 2.1pp | -2.3pp |
| EPS (Diluted) | $0.43 | $0.33 | $1.91 | 30.3% | -77.5% |
| Free Cash Flow | $84M | $36M | $109M | 133.5% | -23.2% |
| Item | Amount |
|---|---|
| REVENUE | $859M |
| Cost of Revenue | $300M |
| GROSS PROFIT | $559M |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $331M |
| Other Expenses | $47M |
| Operating Expenses | $409M |
| Cost & Expenses | $709M |
| OPERATING INCOME | $150M |
| Interest Income | $0 |
| Interest Expense | $26M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $122M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $90M |
| EBIT | $148M |
| EBITDA | $238M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $859M |
| Cost of Revenue | $300M |
| GROSS PROFIT | $559M |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $331M |
| Other Expenses | $47M |
| Operating Expenses | $409M |
| Cost & Expenses | $709M |
| OPERATING INCOME | $150M |
| Interest Income | $0 |
| Interest Expense | $26M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $122M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $90M |
| EBIT | $148M |
| EBITDA | $238M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $85M |
| Depreciation & Amortization | $90M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$28M |
| OPERATING CASH FLOW | $167M |
| Capital Expenditure | -$83M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$30M |
| NET CASH FROM INVESTING | -$113M |
| Net Debt Issuance | -$76M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$78M |
| FREE CASH FLOW | $84M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $118M |
| Short-Term Investments | $0 |
| Net Receivables | $582M |
| Inventory | $659M |
| Other Current Assets | $218M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $1.5B |
| Goodwill | $3.7B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $0 |
| Tax Assets | $2.4B |
| Other Non-Current Assets | $569M |
| TOTAL NON-CURRENT ASSETS | $10.0B |
| TOTAL ASSETS | $11.6B |
| Account Payables | $224M |
| Short-Term Debt | $52M |
| Deferred Revenue | $106M |
| Other Current Liabilities | $517M |
| TOTAL CURRENT LIABILITIES | $916M |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $195M |
| Deferred Tax Liabilities | $144M |
| Other Non-Current Liabilities | $343M |
| TOTAL NON-CURRENT LIABILITIES | $3.3B |
| TOTAL LIABILITIES | $4.2B |
| Common Stock | $5M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $6.7B |
| Treasury Stock | -$713M |
| Accum. Other Comp. Income | -$404M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.3B |
| Minority Interest | $200.0K |
| TOTAL EQUITY | $7.3B |
| TOTAL LIABILITIES & EQUITY | $11.6B |
| Total Debt | $2.7B |
| Net Debt | $2.6B |
