| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $866M | $931M | $812M | -7.0% | 6.7% |
| Op. Income | $79M | $169M | $29M | -53.1% | 173.2% |
| Gross Margin | 83.7% | 29.1% | -22.6% | 54.6pp | 106.4pp |
| Net Margin | 7.8% | 10.5% | -0.4% | -2.7pp | 8.2pp |
| EPS (Diluted) | $1.28 | $1.85 | $-0.06 | -30.8% | 2226.2% |
| Free Cash Flow | $275M | $242M | $76M | 13.7% | 261.1% |
| Item | Amount |
|---|---|
| REVENUE | $866M |
| Cost of Revenue | $141M |
| GROSS PROFIT | $725M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $612M |
| Other Expenses | $34M |
| Operating Expenses | $646M |
| Cost & Expenses | $787M |
| OPERATING INCOME | $79M |
| Interest Income | $1M |
| Interest Expense | $11M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $78M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $57.0K |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $34M |
| EBIT | $79M |
| EBITDA | $113M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $866M |
| Cost of Revenue | $141M |
| GROSS PROFIT | $725M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $612M |
| Other Expenses | $34M |
| Operating Expenses | $646M |
| Cost & Expenses | $787M |
| OPERATING INCOME | $79M |
| Interest Income | $1M |
| Interest Expense | $11M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $78M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $57.0K |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $34M |
| EBIT | $79M |
| EBITDA | $113M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $68M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $195M |
| OPERATING CASH FLOW | $300M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | -$12M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | -$175M |
| Common Stock Repurchased | -$669.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$175M |
| FREE CASH FLOW | $275M |
| Net Change in Cash | $112M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $0 |
| Net Receivables | $271M |
| Inventory | $0 |
| Other Current Assets | $1.5B |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $486M |
| Goodwill | $828M |
| Intangible Assets | $362M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $222M |
| Short-Term Debt | $100.0K |
| Deferred Revenue | $65M |
| Other Current Liabilities | $1.5B |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $28M |
| Other Non-Current Liabilities | $65M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $4.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $1.3B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$251M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | -$200.0K |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $1.8B |
| Net Debt | $118M |
