| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $470M | $511M | $413M | -8.1% | 13.8% |
| Op. Income | $120M | $146M | $85M | -18.2% | 40.2% |
| Gross Margin | 28.8% | 31.0% | 24.0% | -2.2pp | 4.8pp |
| Net Margin | 21.3% | 22.9% | 18.0% | -1.6pp | 3.4pp |
| EPS (Diluted) | $2.79 | $3.20 | $1.90 | -12.8% | 46.8% |
| Free Cash Flow | $12M | $162M | $69M | -92.3% | -82.1% |
| Item | Amount |
|---|---|
| REVENUE | $470M |
| Cost of Revenue | $335M |
| GROSS PROFIT | $135M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $350M |
| OPERATING INCOME | $120M |
| Interest Income | $176.0K |
| Interest Expense | $11M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $123M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $100M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $100M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $100M |
| D&A | $35M |
| EBIT | $133M |
| EBITDA | $168M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $470M |
| Cost of Revenue | $335M |
| GROSS PROFIT | $135M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $350M |
| OPERATING INCOME | $120M |
| Interest Income | $176.0K |
| Interest Expense | $11M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $123M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $100M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $100M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $100M |
| D&A | $35M |
| EBIT | $133M |
| EBITDA | $168M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $100M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$71M |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | -$49M |
| Acquisitions (Net) | $158M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$158M |
| NET CASH FROM INVESTING | -$49M |
| Net Debt Issuance | $25M |
| Common Stock Repurchased | -$78M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$58M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $211M |
| Inventory | $292M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $522M |
| PP&E (Net) | $1.7B |
| Goodwill | $381M |
| Intangible Assets | $85M |
| Long-Term Investments | $89M |
| Tax Assets | $0 |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $110M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $213M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $237M |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $358.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $1.1B |
| Net Debt | $1.1B |
