| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $574M | $619M | $647M | -7.2% | -11.3% |
| Op. Income | $60M | $79M | $61M | -24.1% | -0.7% |
| Gross Margin | 38.0% | 35.9% | 36.6% | 2.1pp | 1.4pp |
| Net Margin | 2.2% | 8.6% | 0.6% | -6.4pp | 1.6pp |
| EPS (Diluted) | $0.05 | $0.22 | $0.01 | -79.5% | 351.0% |
| Free Cash Flow | $86M | $116M | $100M | -26.0% | -14.2% |
| Item | Amount |
|---|---|
| REVENUE | $574M |
| Cost of Revenue | $356M |
| GROSS PROFIT | $218M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $147M |
| Other Expenses | $0 |
| Operating Expenses | $158M |
| Cost & Expenses | $514M |
| OPERATING INCOME | $60M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $42M |
| EBIT | $50M |
| EBITDA | $92M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $574M |
| Cost of Revenue | $356M |
| GROSS PROFIT | $218M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $147M |
| Other Expenses | $0 |
| Operating Expenses | $158M |
| Cost & Expenses | $514M |
| OPERATING INCOME | $60M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $42M |
| EBIT | $50M |
| EBITDA | $92M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$16M |
| Change in Working Capital | $59M |
| OPERATING CASH FLOW | $101M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $300.0K |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$38M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$64M |
| FREE CASH FLOW | $86M |
| Net Change in Cash | $32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $266M |
| Short-Term Investments | $0 |
| Net Receivables | $456M |
| Inventory | $291M |
| Other Current Assets | $138M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $277M |
| Goodwill | $2.4B |
| Intangible Assets | $806M |
| Long-Term Investments | $70M |
| Tax Assets | $52M |
| Other Non-Current Assets | $98M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $132M |
| Short-Term Debt | $12M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $68M |
| TOTAL CURRENT LIABILITIES | $344M |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $121M |
| Other Non-Current Liabilities | $134M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | -$1.2B |
| Treasury Stock | -$334M |
| Accum. Other Comp. Income | -$298M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $17M |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $2.0B |
| Net Debt | $1.7B |
