| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $602M | $470M | $561M | 27.9% | 7.1% |
| Op. Income | $164M | $120M | $139M | 37.3% | 18.2% |
| Gross Margin | 29.3% | 28.8% | 26.9% | 0.5pp | 2.4pp |
| Net Margin | 20.1% | 21.3% | 18.7% | -1.3pp | 1.4pp |
| EPS (Diluted) | $3.40 | $2.79 | $2.75 | 21.9% | 23.6% |
| Free Cash Flow | $104M | $12M | $110M | 741.1% | -4.9% |
| Item | Amount |
|---|---|
| REVENUE | $602M |
| Cost of Revenue | $426M |
| GROSS PROFIT | $176M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $437M |
| OPERATING INCOME | $164M |
| Interest Income | $158.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $155M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $121M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $121M |
| D&A | $37M |
| EBIT | $168M |
| EBITDA | $205M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $602M |
| Cost of Revenue | $426M |
| GROSS PROFIT | $176M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $437M |
| OPERATING INCOME | $164M |
| Interest Income | $158.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $155M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $121M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $121M |
| D&A | $37M |
| EBIT | $168M |
| EBITDA | $205M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $121M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$659.0K |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | $140M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | -$55M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$91M |
| Net Debt Issuance | $63M |
| Common Stock Repurchased | -$75M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $104M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $53M |
| Short-Term Investments | $0 |
| Net Receivables | $250M |
| Inventory | $303M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $616M |
| PP&E (Net) | $1.7B |
| Goodwill | $0 |
| Intangible Assets | $491M |
| Long-Term Investments | $90M |
| Tax Assets | $0 |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $118M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $230M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $239M |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $354.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $1.2B |
| Net Debt | $1.1B |
