| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | $3.1B | $2.7B | -4.9% | 7.7% |
| Op. Income | $325M | $460M | $420M | -29.3% | -22.5% |
| Gross Margin | 34.2% | 36.0% | 38.5% | -1.8pp | -4.2pp |
| Net Margin | 7.7% | 10.2% | 11.5% | -2.5pp | -3.8pp |
| EPS (Diluted) | $2.45 | $3.25 | $2.78 | -24.6% | -11.9% |
| Free Cash Flow | -$173M | $68M | -$88M | -353.5% | -97.3% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $680M |
| Other Expenses | $7M |
| Operating Expenses | $687M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $325M |
| Interest Income | $0 |
| Interest Expense | $26M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $304M |
| Income Tax Expense | $76M |
| Net Income from Continuing Ops | $228M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $228M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $228M |
| D&A | $86M |
| EBIT | $330M |
| EBITDA | $417M |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $680M |
| Other Expenses | $7M |
| Operating Expenses | $687M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $325M |
| Interest Income | $0 |
| Interest Expense | $26M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $304M |
| Income Tax Expense | $76M |
| Net Income from Continuing Ops | $228M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $228M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $228M |
| D&A | $86M |
| EBIT | $330M |
| EBITDA | $417M |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $228M |
| Depreciation & Amortization | $86M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$399M |
| OPERATING CASH FLOW | -$66M |
| Capital Expenditure | -$107M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$122M |
| Net Debt Issuance | -$226M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$41M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$269M |
| FREE CASH FLOW | -$173M |
| Net Change in Cash | -$458M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $0 |
| Net Receivables | $91M |
| Inventory | $3.4B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.0B |
| PP&E (Net) | $3.4B |
| Goodwill | $246M |
| Intangible Assets | $85M |
| Long-Term Investments | $0 |
| Tax Assets | $59M |
| Other Non-Current Assets | $212M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $9.0B |
| Account Payables | $1.5B |
| Short-Term Debt | $0 |
| Deferred Revenue | $269M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $156M |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $6.6B |
| Common Stock | $806.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $4.7B |
| Treasury Stock | -$3.7B |
| Accum. Other Comp. Income | -$362.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $9.0B |
| Total Debt | $4.1B |
| Net Debt | $2.7B |
