| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.6B | $6.2B | $6.7B | 6.3% | -1.5% |
| Op. Income | $251M | $237M | $240M | 5.9% | 4.6% |
| Gross Margin | 7.4% | 7.5% | 7.1% | -0.0pp | 0.3pp |
| Net Margin | 3.4% | 5.4% | 3.1% | -2.0pp | 0.3pp |
| EPS (Diluted) | $0.48 | $0.69 | $0.41 | -30.4% | 17.1% |
| Free Cash Flow | $27M | $88M | $272M | -69.3% | -90.1% |
| Item | Amount |
|---|---|
| REVENUE | $6.6B |
| Cost of Revenue | $6.1B |
| GROSS PROFIT | $491M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $225M |
| Other Expenses | $15M |
| Operating Expenses | $240M |
| Cost & Expenses | $6.4B |
| OPERATING INCOME | $251M |
| Interest Income | $3M |
| Interest Expense | $38M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $243M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $227M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $227M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $227M |
| D&A | $121M |
| EBIT | $251M |
| EBITDA | $372M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6.6B |
| Cost of Revenue | $6.1B |
| GROSS PROFIT | $491M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $225M |
| Other Expenses | $15M |
| Operating Expenses | $240M |
| Cost & Expenses | $6.4B |
| OPERATING INCOME | $251M |
| Interest Income | $3M |
| Interest Expense | $38M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $243M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $227M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $227M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $227M |
| D&A | $121M |
| EBIT | $251M |
| EBITDA | $372M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $227M |
| Depreciation & Amortization | $121M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$25M |
| Change in Working Capital | -$198M |
| OPERATING CASH FLOW | $150M |
| Capital Expenditure | -$123M |
| Acquisitions (Net) | -$523M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $21M |
| NET CASH FROM INVESTING | -$625M |
| Net Debt Issuance | $680M |
| Common Stock Repurchased | -$90M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $595M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $116M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $0 |
| Net Receivables | $3.9B |
| Inventory | $6.0B |
| Other Current Assets | $798M |
| TOTAL CURRENT ASSETS | $13.2B |
| PP&E (Net) | $2.7B |
| Goodwill | $1.3B |
| Intangible Assets | $428M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $454M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $18.2B |
| Account Payables | $6.0B |
| Short-Term Debt | $648M |
| Deferred Revenue | $1.5B |
| Other Current Liabilities | $988M |
| TOTAL CURRENT LIABILITIES | $9.6B |
| Long-Term Debt | $3.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $535M |
| TOTAL NON-CURRENT LIABILITIES | $4.9B |
| TOTAL LIABILITIES | $14.5B |
| Common Stock | $5.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$1.5B |
| Treasury Stock | -$388M |
| Accum. Other Comp. Income | -$158M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $18.2B |
| Total Debt | $5.0B |
| Net Debt | $2.4B |
