| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $286M | $372M | $485M | -23.1% | -41.0% |
| Op. Income | $68M | $122M | $155M | -44.7% | -56.4% |
| Gross Margin | 46.3% | 51.2% | 47.7% | -4.9pp | -1.3pp |
| Net Margin | 22.7% | 32.0% | 27.6% | -9.3pp | -4.9pp |
| EPS (Diluted) | $1.10 | $1.99 | $2.10 | -44.7% | -47.6% |
| Free Cash Flow | $104M | $100M | $117M | 4.1% | -11.4% |
| Item | Amount |
|---|---|
| REVENUE | $286M |
| Cost of Revenue | $154M |
| GROSS PROFIT | $133M |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $65M |
| Cost & Expenses | $219M |
| OPERATING INCOME | $68M |
| Interest Income | $4M |
| Interest Expense | $35.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $6M |
| EBIT | $72M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $286M |
| Cost of Revenue | $154M |
| GROSS PROFIT | $133M |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $65M |
| Cost & Expenses | $219M |
| OPERATING INCOME | $68M |
| Interest Income | $4M |
| Interest Expense | $35.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $6M |
| EBIT | $72M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $65M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $54M |
| OPERATING CASH FLOW | $117M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$80M |
| Sales/Maturities of Investments | $160M |
| Other Investing Activities | $62.0K |
| NET CASH FROM INVESTING | $67M |
| Net Debt Issuance | -$136.0K |
| Common Stock Repurchased | -$60M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$70M |
| FREE CASH FLOW | $104M |
| Net Change in Cash | $110M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $556M |
| Short-Term Investments | $220M |
| Net Receivables | $309M |
| Inventory | $185M |
| Other Current Assets | $26M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $123M |
| Goodwill | $68M |
| Intangible Assets | $32M |
| Long-Term Investments | $5M |
| Tax Assets | $26M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $257M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $67M |
| Short-Term Debt | $0 |
| Deferred Revenue | $59M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $249M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $34M |
| Other Non-Current Liabilities | $76M |
| TOTAL NON-CURRENT LIABILITIES | $145M |
| TOTAL LIABILITIES | $394M |
| Common Stock | $562M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.3B |
| Treasury Stock | -$676M |
| Accum. Other Comp. Income | -$33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $42M |
| Net Debt | -$514M |
