| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $931M | $843M | $817M | 10.4% | 14.1% |
| Op. Income | $169M | $101M | $114M | 66.7% | 47.2% |
| Gross Margin | 29.1% | 25.1% | 40.7% | 4.0pp | -11.6pp |
| Net Margin | 10.5% | 6.8% | 9.1% | 3.7pp | 1.4pp |
| EPS (Diluted) | $1.85 | $1.07 | $1.37 | 72.9% | 35.0% |
| Free Cash Flow | $242M | $146M | $110M | 65.9% | 119.6% |
| Item | Amount |
|---|---|
| REVENUE | $931M |
| Cost of Revenue | $660M |
| GROSS PROFIT | $271M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $70M |
| Other Expenses | $33M |
| Operating Expenses | $102M |
| Cost & Expenses | $763M |
| OPERATING INCOME | $169M |
| Interest Income | $600.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $142M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $98M |
| Net Income Deductions | $78.0K |
| BOTTOM LINE NET INCOME | $98M |
| D&A | $33M |
| EBIT | $169M |
| EBITDA | $201M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $931M |
| Cost of Revenue | $660M |
| GROSS PROFIT | $271M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $70M |
| Other Expenses | $33M |
| Operating Expenses | $102M |
| Cost & Expenses | $763M |
| OPERATING INCOME | $169M |
| Interest Income | $600.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $142M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $98M |
| Net Income Deductions | $78.0K |
| BOTTOM LINE NET INCOME | $98M |
| D&A | $33M |
| EBIT | $169M |
| EBITDA | $201M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $98M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | $103M |
| OPERATING CASH FLOW | $268M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | -$320M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$318M |
| FREE CASH FLOW | $242M |
| Net Change in Cash | -$297M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $0 |
| Net Receivables | $225M |
| Inventory | $0 |
| Other Current Assets | $1.0B |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $456M |
| Goodwill | $765M |
| Intangible Assets | $362M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $4.8B |
| Account Payables | $170M |
| Short-Term Debt | $304M |
| Deferred Revenue | $59M |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $38M |
| Other Non-Current Liabilities | $69M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $1.3B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$382M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | -$526.0K |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $1.9B |
| Net Debt | $262M |
