| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $945M | $985M | $587M | -4.1% | 61.1% |
| Op. Income | $220M | $264M | $160M | -16.7% | 37.5% |
| Gross Margin | 52.5% | 54.9% | 63.4% | -2.4pp | -10.9pp |
| Net Margin | 14.6% | 17.2% | 26.4% | -2.6pp | -11.8pp |
| EPS (Diluted) | $2.20 | $2.72 | $2.57 | -19.1% | -14.4% |
| Free Cash Flow | $342M | $129M | $192M | 164.8% | 78.2% |
| Item | Amount |
|---|---|
| REVENUE | $945M |
| Cost of Revenue | $449M |
| GROSS PROFIT | $496M |
| R&D Expenses | $0 |
| Selling & Marketing | $261M |
| General & Administrative | -$26M |
| SG&A Expenses | $235M |
| Other Expenses | $41M |
| Operating Expenses | $276M |
| Cost & Expenses | $725M |
| OPERATING INCOME | $220M |
| Interest Income | $801.0K |
| Interest Expense | $50M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | $176M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $138M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $138M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $138M |
| D&A | $13M |
| EBIT | $225M |
| EBITDA | $238M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $945M |
| Cost of Revenue | $449M |
| GROSS PROFIT | $496M |
| R&D Expenses | $0 |
| Selling & Marketing | $261M |
| General & Administrative | -$26M |
| SG&A Expenses | $235M |
| Other Expenses | $41M |
| Operating Expenses | $276M |
| Cost & Expenses | $725M |
| OPERATING INCOME | $220M |
| Interest Income | $801.0K |
| Interest Expense | $50M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | $176M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $138M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $138M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $138M |
| D&A | $13M |
| EBIT | $225M |
| EBITDA | $238M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $138M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $28M |
| Change in Working Capital | $177M |
| OPERATING CASH FLOW | $356M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$298M |
| Common Stock Repurchased | -$38.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $24.0K |
| NET CASH FROM FINANCING | -$298M |
| FREE CASH FLOW | $342M |
| Net Change in Cash | $49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $192M |
| Short-Term Investments | $0 |
| Net Receivables | $329M |
| Inventory | $472M |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $421M |
| Goodwill | $715M |
| Intangible Assets | $1.8B |
| Long-Term Investments | $3M |
| Tax Assets | $528M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $231M |
| Short-Term Debt | $82M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $177M |
| TOTAL CURRENT LIABILITIES | $641M |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $302M |
| Other Non-Current Liabilities | $227M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $110.0K |
| Additional Paid-In Capital | $798M |
| Retained Earnings | $1.8B |
| Treasury Stock | -$1.7B |
| Accum. Other Comp. Income | -$103M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $818M |
| Minority Interest | $0 |
| TOTAL EQUITY | $818M |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $2.6B |
| Net Debt | $2.4B |
