| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $508M | $592M | $472M | -14.3% | 7.4% |
| Op. Income | $69M | $70M | $73M | -0.7% | -4.2% |
| Gross Margin | 33.1% | 27.4% | 34.4% | 5.7pp | -1.3pp |
| Net Margin | 8.2% | 6.3% | 10.7% | 1.9pp | -2.5pp |
| EPS (Diluted) | $0.20 | $0.18 | $0.25 | 11.1% | -20.0% |
| Free Cash Flow | -$7M | -$43M | -$74M | 83.3% | 90.4% |
| Item | Amount |
|---|---|
| REVENUE | $508M |
| Cost of Revenue | $340M |
| GROSS PROFIT | $168M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $32M |
| SG&A Expenses | $179M |
| Other Expenses | $98M |
| Operating Expenses | $98M |
| Cost & Expenses | $438M |
| OPERATING INCOME | $69M |
| Interest Income | $1M |
| Interest Expense | $25M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $59M |
| EBIT | $76M |
| EBITDA | $136M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $508M |
| Cost of Revenue | $340M |
| GROSS PROFIT | $168M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $32M |
| SG&A Expenses | $179M |
| Other Expenses | $98M |
| Operating Expenses | $98M |
| Cost & Expenses | $438M |
| OPERATING INCOME | $69M |
| Interest Income | $1M |
| Interest Expense | $25M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $59M |
| EBIT | $76M |
| EBITDA | $136M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $59M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $35M |
| Change in Working Capital | $104M |
| OPERATING CASH FLOW | $198M |
| Capital Expenditure | -$205M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$849.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $98M |
| NET CASH FROM INVESTING | -$108M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$60M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$898.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | $89M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $92M |
| Short-Term Investments | $0 |
| Net Receivables | $164M |
| Inventory | $124M |
| Other Current Assets | $177M |
| TOTAL CURRENT ASSETS | $557M |
| PP&E (Net) | $5.8B |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $19M |
| Tax Assets | -$1M |
| Other Non-Current Assets | $655M |
| TOTAL NON-CURRENT ASSETS | $6.5B |
| TOTAL ASSETS | $7.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $39M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $401M |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $749M |
| Other Non-Current Liabilities | $267M |
| TOTAL NON-CURRENT LIABILITIES | $3.9B |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $49M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$375M |
| Other Equity | $734M |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $7.0B |
| Total Debt | $2.9B |
| Net Debt | $2.8B |
