| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.4B | $1.4B | -7.0% | -9.5% |
| Op. Income | $147M | $156M | $189M | -5.4% | -22.2% |
| Gross Margin | 78.0% | 77.3% | 78.7% | 0.7pp | -0.7pp |
| Net Margin | 6.3% | 6.2% | 8.2% | 0.1pp | -1.9pp |
| EPS (Diluted) | $0.83 | $0.88 | $1.09 | -5.7% | -23.9% |
| Free Cash Flow | $32M | $64M | $52M | -50.3% | -38.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $285M |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $448M |
| Other Expenses | $414M |
| Operating Expenses | $863M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $147M |
| Interest Income | $1M |
| Interest Expense | $36M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $113M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $29M |
| EBIT | $149M |
| EBITDA | $177M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $285M |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $448M |
| Other Expenses | $414M |
| Operating Expenses | $863M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $147M |
| Interest Income | $1M |
| Interest Expense | $36M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $113M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $29M |
| EBIT | $149M |
| EBITDA | $177M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $82M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$19M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$52M |
| OPERATING CASH FLOW | $70M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $100.0K |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | -$57M |
| Common Stock Repurchased | -$100.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$56M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | -$49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $533M |
| Short-Term Investments | $0 |
| Net Receivables | $85M |
| Inventory | $537M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $669M |
| Goodwill | $88M |
| Intangible Assets | $316M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $269M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $85M |
| Short-Term Debt | $30M |
| Deferred Revenue | $79M |
| Other Current Liabilities | $437M |
| TOTAL CURRENT LIABILITIES | $986M |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $189M |
| TOTAL NON-CURRENT LIABILITIES | $3.1B |
| TOTAL LIABILITIES | $4.1B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $181M |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$284M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1.4B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $3.0B |
| Net Debt | $2.4B |
