| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.1B | 1.6% | 7.3% |
| Op. Income | $150M | $172M | $160M | -12.6% | -6.3% |
| Gross Margin | 36.2% | 35.6% | 35.1% | 0.6pp | 1.1pp |
| Net Margin | 10.9% | 11.1% | 12.1% | -0.1pp | -1.2pp |
| EPS (Diluted) | $1.07 | $1.05 | $1.07 | 1.9% | 0.0% |
| Free Cash Flow | $50M | $135M | $147M | -63.3% | -66.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $757M |
| GROSS PROFIT | $429M |
| R&D Expenses | $96M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $143M |
| Other Expenses | $40M |
| Operating Expenses | $279M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $150M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $145M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $130M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $130M |
| Net Income Deductions | -$9.0K |
| BOTTOM LINE NET INCOME | $128M |
| D&A | $61M |
| EBIT | $150M |
| EBITDA | $211M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $757M |
| GROSS PROFIT | $429M |
| R&D Expenses | $96M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $143M |
| Other Expenses | $40M |
| Operating Expenses | $279M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $150M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $145M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $130M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $130M |
| Net Income Deductions | -$9.0K |
| BOTTOM LINE NET INCOME | $128M |
| D&A | $61M |
| EBIT | $150M |
| EBITDA | $211M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $130M |
| Depreciation & Amortization | $61M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$17M |
| Other Non-Cash Items | $784.0K |
| Change in Working Capital | -$111M |
| OPERATING CASH FLOW | $83M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | -$453.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$382.0K |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | -$48M |
| Other Financing Activities | $14M |
| NET CASH FROM FINANCING | -$134M |
| FREE CASH FLOW | $50M |
| Net Change in Cash | -$81M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $492M |
| Short-Term Investments | $242M |
| Net Receivables | $1.1B |
| Inventory | $0 |
| Other Current Assets | $214M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $958M |
| Goodwill | $2.7B |
| Intangible Assets | $147M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $607M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $6.5B |
| Account Payables | $229M |
| Short-Term Debt | $0 |
| Deferred Revenue | $256M |
| Other Current Liabilities | $528M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $645M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $296M |
| Other Non-Current Liabilities | $476M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $5M |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | $6.3B |
| Treasury Stock | -$6.8B |
| Accum. Other Comp. Income | -$59M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $43M |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $6.5B |
| Total Debt | $807M |
| Net Debt | $315M |
