| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $722M | $1.1B | 64.5% | 10.2% |
| Op. Income | $293M | $128M | $329M | 128.9% | -10.7% |
| Gross Margin | 52.3% | 50.9% | 57.0% | 1.5pp | -4.7pp |
| Net Margin | 19.6% | 14.1% | 23.7% | 5.5pp | -4.1pp |
| EPS (Diluted) | $1.40 | $0.61 | $1.50 | 130.1% | -6.3% |
| Free Cash Flow | $385M | -$148M | $530M | 361.2% | -27.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $567M |
| GROSS PROFIT | $621M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $328M |
| Other Expenses | $0 |
| Operating Expenses | $328M |
| Cost & Expenses | $894M |
| OPERATING INCOME | $293M |
| Interest Income | $369.0K |
| Interest Expense | $999.0K |
| Other Income/Expenses | -$439.0K |
| INCOME BEFORE TAX | $293M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $233M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $233M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $233M |
| D&A | $11M |
| EBIT | $294M |
| EBITDA | $305M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $567M |
| GROSS PROFIT | $621M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $328M |
| Other Expenses | $0 |
| Operating Expenses | $328M |
| Cost & Expenses | $894M |
| OPERATING INCOME | $293M |
| Interest Income | $369.0K |
| Interest Expense | $999.0K |
| Other Income/Expenses | -$439.0K |
| INCOME BEFORE TAX | $293M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $233M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $233M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $233M |
| D&A | $11M |
| EBIT | $294M |
| EBITDA | $305M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $233M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $147M |
| OPERATING CASH FLOW | $400M |
| 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 | $0 |
| Common Stock Repurchased | -$131M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$134M |
| FREE CASH FLOW | $385M |
| Net Change in Cash | $252M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $998M |
| Short-Term Investments | $0 |
| Net Receivables | $362M |
| Inventory | $551M |
| Other Current Assets | $55M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $401M |
| Goodwill | $14M |
| Intangible Assets | $40M |
| Long-Term Investments | $0 |
| Tax Assets | $41M |
| Other Non-Current Assets | $57M |
| TOTAL NON-CURRENT ASSETS | $553M |
| TOTAL ASSETS | $2.5B |
| Account Payables | $482M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $728M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $84M |
| TOTAL NON-CURRENT LIABILITIES | $255M |
| TOTAL LIABILITIES | $983M |
| Common Stock | $272.0K |
| Additional Paid-In Capital | $210M |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $220M |
| Net Debt | -$779M |
