| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.3B | 4.9% | 11.5% |
| Op. Income | $379M | $357M | $349M | 6.2% | 8.6% |
| Gross Margin | 63.1% | 63.7% | 64.7% | -0.7pp | -1.6pp |
| Net Margin | 20.7% | 24.6% | 21.8% | -3.8pp | -1.1pp |
| EPS (Diluted) | $1.66 | $1.87 | $1.52 | -11.2% | 9.2% |
| Free Cash Flow | $340M | $192M | $295M | 77.1% | 15.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $533M |
| GROSS PROFIT | $910M |
| R&D Expenses | $215M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $321M |
| Other Expenses | -$5M |
| Operating Expenses | $531M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $379M |
| Interest Income | $10M |
| Interest Expense | $20M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $368M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $299M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $299M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $299M |
| D&A | $55M |
| EBIT | $388M |
| EBITDA | $443M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $533M |
| GROSS PROFIT | $910M |
| R&D Expenses | $215M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $321M |
| Other Expenses | -$5M |
| Operating Expenses | $531M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $379M |
| Interest Income | $10M |
| Interest Expense | $20M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $368M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $299M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $299M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $299M |
| D&A | $55M |
| EBIT | $388M |
| EBITDA | $443M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $299M |
| Depreciation & Amortization | $55M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $398M |
| Capital Expenditure | -$58M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$126M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$127M |
| FREE CASH FLOW | $340M |
| Net Change in Cash | $194M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $0 |
| Net Receivables | $905M |
| Inventory | $858M |
| Other Current Assets | $149M |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $910M |
| Goodwill | $1.6B |
| Intangible Assets | $189M |
| Long-Term Investments | $62M |
| Tax Assets | $667M |
| Other Non-Current Assets | $454M |
| TOTAL NON-CURRENT ASSETS | $3.9B |
| TOTAL ASSETS | $8.1B |
| Account Payables | $348M |
| Short-Term Debt | $0 |
| Deferred Revenue | $495M |
| Other Current Liabilities | $333M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $197M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $354M |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $4.6B |
| Treasury Stock | -$2.3B |
| Accum. Other Comp. Income | -$454M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.2B |
| TOTAL LIABILITIES & EQUITY | $8.1B |
| Total Debt | $2.0B |
| Net Debt | -$24M |
