| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.4B | $1.2B | -30.2% | -14.2% |
| Op. Income | $264M | $594M | $359M | -55.6% | -26.4% |
| Gross Margin | 54.8% | 65.9% | 60.1% | -11.1pp | -5.2pp |
| Net Margin | 22.8% | 31.7% | 23.0% | -9.0pp | -0.2pp |
| EPS (Diluted) | $0.90 | $1.80 | $1.04 | -50.0% | -13.5% |
| Free Cash Flow | $305M | $1.0B | $619M | -69.8% | -50.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $453M |
| GROSS PROFIT | $550M |
| R&D Expenses | $65M |
| Selling & Marketing | $152M |
| General & Administrative | $92M |
| SG&A Expenses | $244M |
| Other Expenses | -$23M |
| Operating Expenses | $286M |
| Cost & Expenses | $739M |
| OPERATING INCOME | $264M |
| Interest Income | $2M |
| Interest Expense | $23M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $248M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $228M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $228M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $228M |
| D&A | $109M |
| EBIT | $271M |
| EBITDA | $381M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $453M |
| GROSS PROFIT | $550M |
| R&D Expenses | $65M |
| Selling & Marketing | $152M |
| General & Administrative | $92M |
| SG&A Expenses | $244M |
| Other Expenses | -$23M |
| Operating Expenses | $286M |
| Cost & Expenses | $739M |
| OPERATING INCOME | $264M |
| Interest Income | $2M |
| Interest Expense | $23M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $248M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $228M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $228M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $228M |
| D&A | $109M |
| EBIT | $271M |
| EBITDA | $381M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $228M |
| Depreciation & Amortization | $109M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$51M |
| Change in Working Capital | $29M |
| OPERATING CASH FLOW | $331M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | -$200.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $16M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$100.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$239M |
| NET CASH FROM FINANCING | -$240M |
| FREE CASH FLOW | $305M |
| Net Change in Cash | $85M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $0 |
| Net Receivables | $703M |
| Inventory | $581M |
| Other Current Assets | $213M |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $490M |
| Goodwill | $3.3B |
| Intangible Assets | $1.4B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $236M |
| TOTAL NON-CURRENT ASSETS | $5.4B |
| TOTAL ASSETS | $9.4B |
| Account Payables | $217M |
| Short-Term Debt | $8M |
| Deferred Revenue | $200M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $11M |
| Deferred Tax Liabilities | $208M |
| Other Non-Current Liabilities | $306M |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $3M |
| Additional Paid-In Capital | $6.0B |
| Retained Earnings | $1.5B |
| Treasury Stock | -$2.4B |
| Accum. Other Comp. Income | -$148M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.0B |
| TOTAL LIABILITIES & EQUITY | $9.4B |
| Total Debt | $2.8B |
| Net Debt | $469M |
