| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $645M | $669M | $608M | -3.6% | 6.2% |
| Op. Income | $21M | $56M | $42M | -62.6% | -50.7% |
| Gross Margin | 32.2% | 34.2% | 33.3% | -1.9pp | -1.1pp |
| Net Margin | 2.5% | 6.2% | 4.0% | -3.7pp | -1.5pp |
| EPS (Diluted) | $0.29 | $0.74 | $0.43 | -60.8% | -32.6% |
| Free Cash Flow | -$155M | -$48M | -$103M | -225.8% | -50.9% |
| Item | Amount |
|---|---|
| REVENUE | $645M |
| Cost of Revenue | $437M |
| GROSS PROFIT | $208M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $187M |
| Other Expenses | $0 |
| Operating Expenses | $187M |
| Cost & Expenses | $624M |
| OPERATING INCOME | $21M |
| Interest Income | $483.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $483.0K |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $28M |
| EBIT | $21M |
| EBITDA | $49M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $645M |
| Cost of Revenue | $437M |
| GROSS PROFIT | $208M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $187M |
| Other Expenses | $0 |
| Operating Expenses | $187M |
| Cost & Expenses | $624M |
| OPERATING INCOME | $21M |
| Interest Income | $483.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $483.0K |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $28M |
| EBIT | $21M |
| EBITDA | $49M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$36.0K |
| Other Non-Cash Items | $83.0K |
| Change in Working Capital | -$141M |
| OPERATING CASH FLOW | -$91M |
| Capital Expenditure | -$64M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $55M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$208.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$239.0K |
| NET CASH FROM FINANCING | -$447.0K |
| FREE CASH FLOW | -$155M |
| Net Change in Cash | -$111M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $73M |
| Net Receivables | $25M |
| Inventory | $702M |
| Other Current Assets | $88M |
| TOTAL CURRENT ASSETS | $957M |
| PP&E (Net) | $2.2B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $280M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $640M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $41M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $555.0K |
| Additional Paid-In Capital | $255M |
| Retained Earnings | $929M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $1.5B |
| Net Debt | $1.4B |
