| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $537M | $624M | $543M | -13.9% | -1.2% |
| Op. Income | $58M | $50M | $63M | 15.8% | -8.5% |
| Gross Margin | 40.8% | 38.6% | 45.1% | 2.2pp | -4.3pp |
| Net Margin | 6.3% | 4.9% | 8.1% | 1.4pp | -1.8pp |
| EPS (Diluted) | $0.64 | $0.57 | $0.80 | 12.3% | -20.0% |
| Free Cash Flow | $11M | $100M | $50M | -89.4% | -79.0% |
| Item | Amount |
|---|---|
| REVENUE | $537M |
| Cost of Revenue | $318M |
| GROSS PROFIT | $219M |
| R&D Expenses | $15M |
| Selling & Marketing | $41M |
| General & Administrative | $98M |
| SG&A Expenses | $140M |
| Other Expenses | $6M |
| Operating Expenses | $161M |
| Cost & Expenses | $479M |
| OPERATING INCOME | $58M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $23M |
| EBIT | $62M |
| EBITDA | $84M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $537M |
| Cost of Revenue | $318M |
| GROSS PROFIT | $219M |
| R&D Expenses | $15M |
| Selling & Marketing | $41M |
| General & Administrative | $98M |
| SG&A Expenses | $140M |
| Other Expenses | $6M |
| Operating Expenses | $161M |
| Cost & Expenses | $479M |
| OPERATING INCOME | $58M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $23M |
| EBIT | $62M |
| EBITDA | $84M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $304M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$303M |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | $34M |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $189M |
| Short-Term Investments | $0 |
| Net Receivables | $209M |
| Inventory | $449M |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $942M |
| PP&E (Net) | $346M |
| Goodwill | $1.3B |
| Intangible Assets | $997M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $107M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $229M |
| Short-Term Debt | $19M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $122M |
| TOTAL CURRENT LIABILITIES | $540M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $140M |
| Other Non-Current Liabilities | $133M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $939M |
| Treasury Stock | -$861M |
| Accum. Other Comp. Income | -$216M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $1.5B |
| Net Debt | $1.3B |
