| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | — | 5.1% | — |
| Op. Income | $292M | $253M | — | 15.2% | — |
| Gross Margin | 58.3% | 58.1% | — | 0.3pp | — |
| Net Margin | 14.9% | 13.0% | — | 1.8pp | — |
| EPS (Diluted) | $0.64 | $0.53 | — | 20.8% | — |
| Free Cash Flow | $428M | $307M | — | 39.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $637M |
| GROSS PROFIT | $893M |
| R&D Expenses | $101M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $500M |
| Other Expenses | $0 |
| Operating Expenses | $601M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $292M |
| Interest Income | $0 |
| Interest Expense | $32M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $257M |
| Income Tax Expense | $30M |
| 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 | $117M |
| EBIT | $289M |
| EBITDA | $406M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $637M |
| GROSS PROFIT | $893M |
| R&D Expenses | $101M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $500M |
| Other Expenses | $0 |
| Operating Expenses | $601M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $292M |
| Interest Income | $0 |
| Interest Expense | $32M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $257M |
| Income Tax Expense | $30M |
| 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 | $117M |
| EBIT | $289M |
| EBITDA | $406M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $227M |
| Depreciation & Amortization | $117M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | -$62M |
| Other Non-Cash Items | $62M |
| Change in Working Capital | $95M |
| OPERATING CASH FLOW | $464M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | -$346M |
| Common Stock Repurchased | -$67M |
| Common Dividends Paid | -$25M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$435M |
| FREE CASH FLOW | $428M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $709M |
| Short-Term Investments | $0 |
| Net Receivables | $959M |
| Inventory | $537M |
| Other Current Assets | $273M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $422M |
| Goodwill | $9.0B |
| Intangible Assets | $3.5B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $456M |
| TOTAL NON-CURRENT ASSETS | $13.4B |
| TOTAL ASSETS | $15.9B |
| Account Payables | $623M |
| Short-Term Debt | $1000M |
| Deferred Revenue | $510M |
| Other Current Liabilities | $379M |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $38M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $6.2B |
| Common Stock | $4M |
| Additional Paid-In Capital | $3.7B |
| Retained Earnings | $6.7B |
| Treasury Stock | -$443M |
| Accum. Other Comp. Income | -$326M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.7B |
| Minority Interest | $5M |
| TOTAL EQUITY | $9.7B |
| TOTAL LIABILITIES & EQUITY | $15.9B |
| Total Debt | $3.4B |
| Net Debt | $2.7B |
