| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $716M | $738M | $1.0B | -3.0% | -29.2% |
| Op. Income | $73M | $158M | $268M | -53.8% | -72.7% |
| Gross Margin | 33.7% | 43.0% | 44.6% | -9.3pp | -10.9pp |
| Net Margin | 5.9% | 14.3% | 20.8% | -8.4pp | -14.9pp |
| EPS (Diluted) | $0.44 | $1.06 | $1.86 | -58.5% | -76.3% |
| Free Cash Flow | $290M | $429M | $438M | -32.5% | -33.9% |
| Item | Amount |
|---|---|
| REVENUE | $716M |
| Cost of Revenue | $475M |
| GROSS PROFIT | $242M |
| R&D Expenses | $0 |
| Selling & Marketing | $27M |
| General & Administrative | $77M |
| SG&A Expenses | $103M |
| Other Expenses | $65M |
| Operating Expenses | $168M |
| Cost & Expenses | $643M |
| OPERATING INCOME | $73M |
| Interest Income | $15M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $73M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | -$323.0K |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $10M |
| EBIT | $93M |
| EBITDA | $103M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $716M |
| Cost of Revenue | $475M |
| GROSS PROFIT | $242M |
| R&D Expenses | $0 |
| Selling & Marketing | $27M |
| General & Administrative | $77M |
| SG&A Expenses | $103M |
| Other Expenses | $65M |
| Operating Expenses | $168M |
| Cost & Expenses | $643M |
| OPERATING INCOME | $73M |
| Interest Income | $15M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $73M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | -$323.0K |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $10M |
| EBIT | $93M |
| EBITDA | $103M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $57M |
| Depreciation & Amortization | $84M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $120.0K |
| Change in Working Capital | $174M |
| OPERATING CASH FLOW | $314M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $301.0K |
| Purchases of Investments | -$427.0K |
| Sales/Maturities of Investments | $126.0K |
| Other Investing Activities | $301.0K |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$80M |
| Common Dividends Paid | -$43M |
| Other Financing Activities | -$659M |
| NET CASH FROM FINANCING | -$781M |
| FREE CASH FLOW | $290M |
| Net Change in Cash | -$323M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $779M |
| Net Receivables | $653M |
| Inventory | -$218M |
| Other Current Assets | $625M |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $682M |
| Goodwill | $377M |
| Intangible Assets | $90.0K |
| Long-Term Investments | $642M |
| Tax Assets | $408M |
| Other Non-Current Assets | $452M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $137M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $824M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $168M |
| Retained Earnings | $1.7B |
| Treasury Stock | -$993M |
| Accum. Other Comp. Income | -$296M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $556M |
| Minority Interest | $702M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $2.2B |
| Net Debt | $967M |
