| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $689M | $610M | $666M | 12.9% | 3.3% |
| Op. Income | $95M | $72M | $81M | 32.8% | 17.8% |
| Gross Margin | 34.3% | 33.7% | 30.7% | 0.7pp | 3.6pp |
| Net Margin | 10.2% | 8.8% | 8.9% | 1.4pp | 1.2pp |
| EPS (Diluted) | $3.17 | $2.37 | $2.59 | 33.8% | 22.4% |
| Free Cash Flow | $23M | $73M | $177M | -68.8% | -87.1% |
| Item | Amount |
|---|---|
| REVENUE | $689M |
| Cost of Revenue | $452M |
| GROSS PROFIT | $236M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $141M |
| Operating Expenses | $141M |
| Cost & Expenses | $593M |
| OPERATING INCOME | $95M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $5M |
| EBIT | $95M |
| EBITDA | $100M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $689M |
| Cost of Revenue | $452M |
| GROSS PROFIT | $236M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $141M |
| Operating Expenses | $141M |
| Cost & Expenses | $593M |
| OPERATING INCOME | $95M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $5M |
| EBIT | $95M |
| EBITDA | $100M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $70M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$45.0K |
| Change in Working Capital | -$48M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $99.0K |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $48M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $888.0K |
| NET CASH FROM FINANCING | $44M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | $62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $281M |
| Short-Term Investments | $0 |
| Net Receivables | $62M |
| Inventory | $374M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $736M |
| PP&E (Net) | $327M |
| Goodwill | $0 |
| Intangible Assets | $248M |
| Long-Term Investments | $1M |
| Tax Assets | -$1M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $584M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $57M |
| Short-Term Debt | $110M |
| Deferred Revenue | $138M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $413M |
| Long-Term Debt | $46M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $165M |
| TOTAL LIABILITIES | $577M |
| Common Stock | $29.0K |
| Additional Paid-In Capital | $300M |
| Retained Earnings | $592M |
| Treasury Stock | -$149M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $743M |
| Minority Interest | $0 |
| TOTAL EQUITY | $743M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $259M |
| Net Debt | -$22M |
