| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.1B | $1.4B | 14.5% | -6.1% |
| Op. Income | $267M | $239M | $315M | 11.6% | -15.2% |
| Gross Margin | 57.0% | 58.8% | 55.5% | -1.8pp | 1.5pp |
| Net Margin | 22.4% | 18.5% | 20.6% | 4.0pp | 1.9pp |
| EPS (Diluted) | $1.53 | $1.09 | $1.48 | 40.4% | 3.4% |
| Free Cash Flow | $309M | $103M | $49M | 198.5% | 533.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $561M |
| GROSS PROFIT | $745M |
| R&D Expenses | $216M |
| Selling & Marketing | $58M |
| General & Administrative | $204M |
| SG&A Expenses | $262M |
| Other Expenses | $0 |
| Operating Expenses | $478M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $267M |
| Interest Income | $14M |
| Interest Expense | $0 |
| Other Income/Expenses | $63M |
| INCOME BEFORE TAX | $330M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $293M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $293M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $293M |
| D&A | $41M |
| EBIT | $267M |
| EBITDA | $309M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $561M |
| GROSS PROFIT | $745M |
| R&D Expenses | $216M |
| Selling & Marketing | $58M |
| General & Administrative | $204M |
| SG&A Expenses | $262M |
| Other Expenses | $0 |
| Operating Expenses | $478M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $267M |
| Interest Income | $14M |
| Interest Expense | $0 |
| Other Income/Expenses | $63M |
| INCOME BEFORE TAX | $330M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $293M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $293M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $293M |
| D&A | $41M |
| EBIT | $267M |
| EBITDA | $309M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $293M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$42M |
| Other Non-Cash Items | -$52M |
| Change in Working Capital | $109M |
| OPERATING CASH FLOW | $369M |
| Capital Expenditure | -$60M |
| Acquisitions (Net) | $16M |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $240M |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | $174M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$104M |
| Common Dividends Paid | -$280M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$363M |
| FREE CASH FLOW | $309M |
| Net Change in Cash | $197M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $173M |
| Net Receivables | $657M |
| Inventory | $1.5B |
| Other Current Assets | $331M |
| TOTAL CURRENT ASSETS | $4.0B |
| PP&E (Net) | $1.3B |
| Goodwill | $568M |
| Intangible Assets | $178M |
| Long-Term Investments | $1.2B |
| Tax Assets | $441M |
| Other Non-Current Assets | $95M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $7.7B |
| Account Payables | $212M |
| Short-Term Debt | $0 |
| Deferred Revenue | $91M |
| Other Current Liabilities | $732M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $36M |
| Deferred Tax Liabilities | $130M |
| Other Non-Current Liabilities | $35M |
| TOTAL NON-CURRENT LIABILITIES | $315M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $18M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $4.7B |
| Treasury Stock | -$475M |
| Accum. Other Comp. Income | -$115M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.2B |
| TOTAL LIABILITIES & EQUITY | $7.7B |
| Total Debt | $115M |
| Net Debt | -$1.2B |
