| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | — | $1.2B | — | 47.4% |
| Op. Income | $268M | — | $206M | — | 30.5% |
| Gross Margin | 21.5% | — | 27.5% | — | -6.0pp |
| Net Margin | 10.9% | — | 12.4% | — | -1.4pp |
| EPS (Diluted) | $1.17 | — | $0.88 | — | 33.0% |
| Free Cash Flow | $172M | — | $89M | — | 94.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $376M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $105M |
| Other Expenses | $3M |
| Operating Expenses | $108M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $268M |
| Interest Income | $0 |
| Interest Expense | $40M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | $228M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $192M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $191M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $191M |
| D&A | $105M |
| EBIT | $267M |
| EBITDA | $372M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $376M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $105M |
| Other Expenses | $3M |
| Operating Expenses | $108M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $268M |
| Interest Income | $0 |
| Interest Expense | $40M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | $228M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $192M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $191M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $191M |
| D&A | $105M |
| EBIT | $267M |
| EBITDA | $372M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $192M |
| Depreciation & Amortization | $105M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | -$16M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $277M |
| Capital Expenditure | -$106M |
| Acquisitions (Net) | -$525M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $32M |
| NET CASH FROM INVESTING | -$598M |
| Net Debt Issuance | $373M |
| Common Stock Repurchased | -$37M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | $325M |
| FREE CASH FLOW | $172M |
| Net Change in Cash | $517.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $126M |
| Short-Term Investments | $0 |
| Net Receivables | $670M |
| Inventory | $642M |
| Other Current Assets | $44M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $2.5B |
| Goodwill | $1.9B |
| Intangible Assets | $874M |
| Long-Term Investments | $1.8B |
| Tax Assets | $15M |
| Other Non-Current Assets | $123M |
| TOTAL NON-CURRENT ASSETS | $7.2B |
| TOTAL ASSETS | $8.8B |
| Account Payables | $398M |
| Short-Term Debt | $64M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $353M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $3.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $462M |
| Other Non-Current Liabilities | $296M |
| TOTAL NON-CURRENT LIABILITIES | $4.1B |
| TOTAL LIABILITIES | $5.1B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $2.9B |
| Treasury Stock | -$530M |
| Accum. Other Comp. Income | -$473M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $89M |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $8.8B |
| Total Debt | $3.5B |
| Net Debt | $3.3B |
