| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.9B | $6.8B | $6.4B | 2.5% | 8.1% |
| Op. Income | $381M | $505M | $311M | -24.6% | 22.8% |
| Gross Margin | 29.9% | 31.4% | 27.5% | -1.5pp | 2.4pp |
| Net Margin | 3.8% | 5.3% | 3.4% | -1.5pp | 0.5pp |
| EPS (Diluted) | $1.20 | $1.60 | $0.96 | -25.0% | 25.0% |
| Free Cash Flow | -$179M | -$295M | -$13M | 39.3% | -1276.9% |
| Item | Amount |
|---|---|
| REVENUE | $6.9B |
| Cost of Revenue | $4.9B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | $0 |
| Operating Expenses | $1.7B |
| Cost & Expenses | $6.6B |
| OPERATING INCOME | $381M |
| Interest Income | $0 |
| Interest Expense | $33M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $348M |
| Income Tax Expense | $82M |
| Net Income from Continuing Ops | $267M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $267M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $267M |
| D&A | $189M |
| EBIT | $381M |
| EBITDA | $570M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $6.9B |
| Cost of Revenue | $4.9B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | $0 |
| Operating Expenses | $1.7B |
| Cost & Expenses | $6.6B |
| OPERATING INCOME | $381M |
| Interest Income | $0 |
| Interest Expense | $33M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $348M |
| Income Tax Expense | $82M |
| Net Income from Continuing Ops | $267M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $267M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $267M |
| D&A | $189M |
| EBIT | $381M |
| EBITDA | $570M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $267M |
| Depreciation & Amortization | $189M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | $39M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$314M |
| OPERATING CASH FLOW | $214M |
| Capital Expenditure | -$393M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$393M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$398M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $343M |
| NET CASH FROM FINANCING | -$55M |
| FREE CASH FLOW | -$179M |
| Net Change in Cash | -$236M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $439M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $5.7B |
| Other Current Assets | $350M |
| TOTAL CURRENT ASSETS | $6.4B |
| PP&E (Net) | $11.2B |
| Goodwill | $2.0B |
| Intangible Assets | $3.1B |
| Long-Term Investments | $0 |
| Tax Assets | $16M |
| Other Non-Current Assets | $128M |
| TOTAL NON-CURRENT ASSETS | $16.5B |
| TOTAL ASSETS | $22.9B |
| Account Payables | $1.9B |
| Short-Term Debt | $350M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $4.7B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.1B |
| Other Non-Current Liabilities | $274M |
| TOTAL NON-CURRENT LIABILITIES | $10.0B |
| TOTAL LIABILITIES | $14.6B |
| Common Stock | $2M |
| Additional Paid-In Capital | $647M |
| Retained Earnings | $7.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$45M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.3B |
| TOTAL LIABILITIES & EQUITY | $22.9B |
| Total Debt | $10.4B |
| Net Debt | $9.9B |
