| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.6B | $3.0B | $3.4B | 21.6% | 7.3% |
| Op. Income | $311M | $325M | $475M | -4.5% | -34.6% |
| Gross Margin | 32.4% | 34.2% | 37.6% | -1.8pp | -5.2pp |
| Net Margin | 6.6% | 7.7% | 10.3% | -1.2pp | -3.8pp |
| EPS (Diluted) | $2.60 | $2.45 | $3.16 | 6.1% | -17.7% |
| Free Cash Flow | $796M | -$173M | $533M | 561.1% | 49.4% |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $853M |
| Other Expenses | $2M |
| Operating Expenses | $855M |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $311M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $320M |
| Income Tax Expense | $85M |
| Net Income from Continuing Ops | $236M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $236M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $238M |
| D&A | $115M |
| EBIT | $338M |
| EBITDA | $453M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $853M |
| Other Expenses | $2M |
| Operating Expenses | $855M |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $311M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $320M |
| Income Tax Expense | $85M |
| Net Income from Continuing Ops | $236M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $236M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $238M |
| D&A | $115M |
| EBIT | $338M |
| EBITDA | $453M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $236M |
| Depreciation & Amortization | $115M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $18M |
| Other Non-Cash Items | $119.0K |
| Change in Working Capital | $505M |
| OPERATING CASH FLOW | $886M |
| Capital Expenditure | -$90M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$100M |
| Net Debt Issuance | -$198M |
| Common Stock Repurchased | -$66M |
| Common Dividends Paid | -$39M |
| Other Financing Activities | -$709.0K |
| NET CASH FROM FINANCING | -$300M |
| FREE CASH FLOW | $796M |
| Net Change in Cash | $486M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $0 |
| Net Receivables | $79M |
| Inventory | $2.8B |
| Other Current Assets | $128M |
| TOTAL CURRENT ASSETS | $5.0B |
| PP&E (Net) | $3.5B |
| Goodwill | $246M |
| Intangible Assets | $60M |
| Long-Term Investments | $0 |
| Tax Assets | $41M |
| Other Non-Current Assets | $230M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $9.0B |
| Account Payables | $1.2B |
| Short-Term Debt | $0 |
| Deferred Revenue | $231M |
| Other Current Liabilities | $120M |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $168M |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $6.5B |
| Common Stock | $821.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $4.9B |
| Treasury Stock | -$3.8B |
| Accum. Other Comp. Income | -$252.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $9.0B |
| Total Debt | $4.2B |
| Net Debt | $2.3B |
