| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.3B | $4.6B | $4.3B | -7.9% | -0.8% |
| Op. Income | $899M | $1.1B | $1.5B | -21.5% | -39.6% |
| Gross Margin | 22.4% | 25.7% | 30.1% | -3.3pp | -7.7pp |
| Net Margin | 14.2% | 18.6% | 26.2% | -4.4pp | -11.9pp |
| EPS (Diluted) | $0.34 | $0.48 | $0.62 | -29.0% | -45.5% |
| Free Cash Flow | $431M | $576M | $351M | -25.2% | 22.9% |
| Item | Amount |
|---|---|
| REVENUE | $4.3B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $955M |
| R&D Expenses | $0 |
| Selling & Marketing | $37M |
| General & Administrative | $75M |
| SG&A Expenses | $112M |
| Other Expenses | $2M |
| Operating Expenses | $113M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $899M |
| Interest Income | $4M |
| Interest Expense | $11M |
| Other Income/Expenses | -$50M |
| INCOME BEFORE TAX | $792M |
| Income Tax Expense | $183M |
| Net Income from Continuing Ops | $609M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $607M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $607M |
| D&A | $149M |
| EBIT | $849M |
| EBITDA | $1.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.3B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $955M |
| R&D Expenses | $0 |
| Selling & Marketing | $37M |
| General & Administrative | $75M |
| SG&A Expenses | $112M |
| Other Expenses | $2M |
| Operating Expenses | $113M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $899M |
| Interest Income | $4M |
| Interest Expense | $11M |
| Other Income/Expenses | -$50M |
| INCOME BEFORE TAX | $792M |
| Income Tax Expense | $183M |
| Net Income from Continuing Ops | $609M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $607M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $607M |
| D&A | $149M |
| EBIT | $849M |
| EBITDA | $1.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $609M |
| Depreciation & Amortization | $149M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $193M |
| Other Non-Cash Items | -$243M |
| Change in Working Capital | -$59M |
| OPERATING CASH FLOW | $654M |
| Capital Expenditure | -$224M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $278.8K |
| NET CASH FROM INVESTING | -$229M |
| Net Debt Issuance | -$26M |
| Common Stock Repurchased | -$122M |
| Common Dividends Paid | -$241M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$389M |
| FREE CASH FLOW | $431M |
| Net Change in Cash | $82M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $484M |
| Net Receivables | $1.3B |
| Inventory | $3.8B |
| Other Current Assets | $160M |
| TOTAL CURRENT ASSETS | $7.6B |
| PP&E (Net) | $4.2B |
| Goodwill | $2.4B |
| Intangible Assets | $88M |
| Long-Term Investments | $847M |
| Tax Assets | $454M |
| Other Non-Current Assets | $538M |
| TOTAL NON-CURRENT ASSETS | $8.5B |
| TOTAL ASSETS | $16.1B |
| Account Payables | $1.8B |
| Short-Term Debt | $783M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $271M |
| TOTAL CURRENT LIABILITIES | $3.4B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $396M |
| Other Non-Current Liabilities | $407M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $6.1B |
| Common Stock | $3.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $5.2B |
| Treasury Stock | -$215M |
| Accum. Other Comp. Income | $1.7B |
| Other Equity | -$585M |
| TOTAL STOCKHOLDERS' EQUITY | $9.9B |
| Minority Interest | $38M |
| TOTAL EQUITY | $9.9B |
| TOTAL LIABILITIES & EQUITY | $16.1B |
| Total Debt | $2.8B |
| Net Debt | $1.6B |
