| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $865M | $859M | $853M | 0.7% | 1.4% |
| Op. Income | $65M | $67M | $104M | -4.1% | -38.1% |
| Gross Margin | 33.0% | 34.4% | 36.7% | -1.4pp | -3.7pp |
| Net Margin | 5.2% | 5.4% | 9.4% | -0.2pp | -4.2pp |
| EPS (Diluted) | $0.65 | $0.63 | $1.04 | 3.2% | -37.5% |
| Free Cash Flow | $12M | $37M | $59M | -66.4% | -79.2% |
| Item | Amount |
|---|---|
| REVENUE | $865M |
| Cost of Revenue | $579M |
| GROSS PROFIT | $286M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $222M |
| Other Expenses | $0 |
| Operating Expenses | $222M |
| Cost & Expenses | $801M |
| OPERATING INCOME | $65M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $21M |
| EBIT | $64M |
| EBITDA | $85M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $865M |
| Cost of Revenue | $579M |
| GROSS PROFIT | $286M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $222M |
| Other Expenses | $0 |
| Operating Expenses | $222M |
| Cost & Expenses | $801M |
| OPERATING INCOME | $65M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $21M |
| EBIT | $64M |
| EBITDA | $85M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$103.0K |
| Other Non-Cash Items | $476.0K |
| Change in Working Capital | -$45M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $2.0K |
| Purchases of Investments | $2.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $28M |
| Common Stock Repurchased | -$19M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $63M |
| Short-Term Investments | $0 |
| Net Receivables | $229M |
| Inventory | $682M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $925M |
| Goodwill | $94M |
| Intangible Assets | $19M |
| Long-Term Investments | $64M |
| Tax Assets | $0 |
| Other Non-Current Assets | $43M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $316M |
| Short-Term Debt | $188M |
| Deferred Revenue | $46M |
| Other Current Liabilities | -$89M |
| TOTAL CURRENT LIABILITIES | $718M |
| Long-Term Debt | $415M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $1.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $40M |
| Treasury Stock | -$663M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $384M |
| Minority Interest | $0 |
| TOTAL EQUITY | $384M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $415M |
| Net Debt | $353M |
