| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.9B | $6.6B | $6.3B | 3.5% | 9.3% |
| Op. Income | $227M | $251M | $284M | -9.6% | -20.1% |
| Gross Margin | 7.4% | 7.4% | 8.1% | -0.1pp | -0.8pp |
| Net Margin | 2.4% | 3.4% | 3.8% | -1.0pp | -1.4pp |
| EPS (Diluted) | $0.36 | $0.48 | $0.47 | -25.0% | -23.4% |
| Free Cash Flow | $250M | $27M | $71M | 825.9% | 252.1% |
| Item | Amount |
|---|---|
| REVENUE | $6.9B |
| Cost of Revenue | $6.3B |
| GROSS PROFIT | $504M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $254M |
| Other Expenses | $23M |
| Operating Expenses | $277M |
| Cost & Expenses | $6.6B |
| OPERATING INCOME | $227M |
| Interest Income | $3M |
| Interest Expense | $40M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $197M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $171M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$4M |
| NET INCOME | $167M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $167M |
| D&A | $127M |
| EBIT | $227M |
| EBITDA | $354M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6.9B |
| Cost of Revenue | $6.3B |
| GROSS PROFIT | $504M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $254M |
| Other Expenses | $23M |
| Operating Expenses | $277M |
| Cost & Expenses | $6.6B |
| OPERATING INCOME | $227M |
| Interest Income | $3M |
| Interest Expense | $40M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $197M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $171M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$4M |
| NET INCOME | $167M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $167M |
| D&A | $127M |
| EBIT | $227M |
| EBITDA | $354M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $167M |
| Depreciation & Amortization | $119M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.1B |
| Change in Working Capital | -$1.0B |
| OPERATING CASH FLOW | $360M |
| Capital Expenditure | -$110M |
| Acquisitions (Net) | -$16M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$123M |
| Net Debt Issuance | -$216M |
| Common Stock Repurchased | -$106M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $494M |
| NET CASH FROM FINANCING | $172M |
| FREE CASH FLOW | $250M |
| Net Change in Cash | $390M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.0B |
| Short-Term Investments | $0 |
| Net Receivables | $3.9B |
| Inventory | $6.6B |
| Other Current Assets | $903M |
| TOTAL CURRENT ASSETS | $14.3B |
| PP&E (Net) | $2.8B |
| Goodwill | $1.3B |
| Intangible Assets | $411M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $473M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $19.3B |
| Account Payables | $6.3B |
| Short-Term Debt | $949M |
| Deferred Revenue | $2.0B |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $10.7B |
| Long-Term Debt | $3.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $608M |
| TOTAL NON-CURRENT LIABILITIES | $4.4B |
| TOTAL LIABILITIES | $15.1B |
| Common Stock | $6.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$1.4B |
| Treasury Stock | -$388M |
| Accum. Other Comp. Income | -$182M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $78M |
| TOTAL EQUITY | $4.2B |
| TOTAL LIABILITIES & EQUITY | $19.3B |
| Total Debt | $4.7B |
| Net Debt | $1.8B |
