| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $429M | $365M | $360M | 17.7% | 19.2% |
| Op. Income | $41M | $41M | $23M | -0.7% | 76.1% |
| Gross Margin | 23.1% | 22.4% | 19.2% | 0.6pp | 3.9pp |
| Net Margin | 8.6% | 7.3% | 5.2% | 1.3pp | 3.4pp |
| EPS (Diluted) | $0.43 | $0.31 | $0.22 | 38.7% | 95.5% |
| Free Cash Flow | $99M | $18M | $75M | 457.6% | 32.3% |
| Item | Amount |
|---|---|
| REVENUE | $429M |
| Cost of Revenue | $330M |
| GROSS PROFIT | $99M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $41M |
| Other Expenses | $6M |
| Operating Expenses | $59M |
| Cost & Expenses | $389M |
| OPERATING INCOME | $41M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $7M |
| 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 | $31M |
| EBIT | $51M |
| EBITDA | $82M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $429M |
| Cost of Revenue | $330M |
| GROSS PROFIT | $99M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $41M |
| Other Expenses | $6M |
| Operating Expenses | $59M |
| Cost & Expenses | $389M |
| OPERATING INCOME | $41M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $7M |
| 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 | $31M |
| EBIT | $51M |
| EBITDA | $82M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $34M |
| OPERATING CASH FLOW | $117M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | -$200.0K |
| Other Investing Activities | $200.0K |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | -$74M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$81M |
| FREE CASH FLOW | $99M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $112M |
| Short-Term Investments | $0 |
| Net Receivables | $255M |
| Inventory | $319M |
| Other Current Assets | $48M |
| TOTAL CURRENT ASSETS | $734M |
| PP&E (Net) | $1.7B |
| Goodwill | $187M |
| Intangible Assets | $69M |
| Long-Term Investments | $48M |
| Tax Assets | $126M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $156M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $330M |
| Long-Term Debt | $723M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $126M |
| Other Non-Current Liabilities | $64M |
| TOTAL NON-CURRENT LIABILITIES | $953M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $905M |
| Retained Earnings | $2.1B |
| Treasury Stock | -$1.3B |
| Accum. Other Comp. Income | -$174M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $773M |
| Net Debt | $661M |
