| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $2.1B | $2.2B | -0.9% | -4.1% |
| Op. Income | $44M | $44M | $62M | -0.6% | -29.5% |
| Gross Margin | 3.2% | 3.4% | 4.0% | -0.2pp | -0.8pp |
| Net Margin | 1.8% | 1.8% | 2.3% | 0.0pp | -0.6pp |
| EPS (Diluted) | $1.53 | $1.53 | $2.12 | 0.0% | -27.8% |
| Free Cash Flow | -$14M | -$115M | $102M | 87.5% | -114.1% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $68M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $3M |
| Operating Expenses | $24M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $44M |
| Interest Income | $6M |
| Interest Expense | $6M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $3M |
| EBIT | $53M |
| EBITDA | $56M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $68M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $3M |
| Operating Expenses | $24M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $44M |
| Interest Income | $6M |
| Interest Expense | $6M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $3M |
| EBIT | $53M |
| EBITDA | $56M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $512.0K |
| Deferred Income Tax | $457.0K |
| Other Non-Cash Items | -$172.0K |
| Change in Working Capital | -$55M |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | -$923.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$34M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $15M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$40M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6.0K |
| Other Financing Activities | $83M |
| NET CASH FROM FINANCING | $43M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $0 |
| Net Receivables | $303M |
| Inventory | $741M |
| Other Current Assets | $92M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $16M |
| Goodwill | $101M |
| Intangible Assets | $68M |
| Long-Term Investments | $71M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $262M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $3M |
| Short-Term Debt | $498M |
| Deferred Revenue | $176M |
| Other Current Liabilities | $135M |
| TOTAL CURRENT LIABILITIES | $837M |
| Long-Term Debt | $94M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $115M |
| TOTAL LIABILITIES | $952M |
| Common Stock | $234.0K |
| Additional Paid-In Capital | $167M |
| Retained Earnings | $322M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $489M |
| Minority Interest | $2M |
| TOTAL EQUITY | $490M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $598M |
| Net Debt | $560M |
