| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $985M | $965M | $626M | 2.1% | 57.4% |
| Op. Income | $264M | $248M | $203M | 6.5% | 30.0% |
| Gross Margin | 54.9% | 51.6% | 63.9% | 3.3pp | -8.9pp |
| Net Margin | 17.2% | 16.6% | 24.5% | 0.6pp | -7.3pp |
| EPS (Diluted) | $2.72 | $2.58 | $2.42 | 5.4% | 12.4% |
| Free Cash Flow | $129M | $137M | $98M | -5.5% | 31.2% |
| Item | Amount |
|---|---|
| REVENUE | $985M |
| Cost of Revenue | $444M |
| GROSS PROFIT | $541M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $277M |
| Other Expenses | $0 |
| Operating Expenses | $277M |
| Cost & Expenses | $721M |
| OPERATING INCOME | $264M |
| Interest Income | $31.0K |
| Interest Expense | $34M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $230M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $169M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $169M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $169M |
| D&A | $10M |
| EBIT | $264M |
| EBITDA | $273M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $985M |
| Cost of Revenue | $444M |
| GROSS PROFIT | $541M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $277M |
| Other Expenses | $0 |
| Operating Expenses | $277M |
| Cost & Expenses | $721M |
| OPERATING INCOME | $264M |
| Interest Income | $31.0K |
| Interest Expense | $34M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $230M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $169M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $169M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $169M |
| D&A | $10M |
| EBIT | $264M |
| EBITDA | $273M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $169M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $23M |
| Change in Working Capital | -$48M |
| OPERATING CASH FLOW | $162M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | -$155M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$160M |
| FREE CASH FLOW | $129M |
| Net Change in Cash | -$45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $143M |
| Short-Term Investments | $0 |
| Net Receivables | $424M |
| Inventory | $514M |
| Other Current Assets | $2.0K |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $412M |
| Goodwill | $714M |
| Intangible Assets | $1.8B |
| Long-Term Investments | $3M |
| Tax Assets | $482M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $190M |
| Short-Term Debt | $75M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $176M |
| TOTAL CURRENT LIABILITIES | $571M |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $313M |
| Other Non-Current Liabilities | $207M |
| TOTAL NON-CURRENT LIABILITIES | $3.3B |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $109.0K |
| Additional Paid-In Capital | $792M |
| Retained Earnings | $1.7B |
| Treasury Stock | -$1.7B |
| Accum. Other Comp. Income | -$147M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $631M |
| Minority Interest | $0 |
| TOTAL EQUITY | $631M |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $2.9B |
| Net Debt | $2.8B |
