| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | $793M | 3.0% | 59.2% |
| Op. Income | $228M | $214M | $10M | 6.5% | 2219.0% |
| Gross Margin | 22.1% | 20.1% | 6.1% | 2.0pp | 16.1pp |
| Net Margin | 12.9% | 12.5% | -0.7% | 0.4pp | 13.6pp |
| EPS (Diluted) | $0.90 | $0.82 | $-0.03 | 9.8% | 3120.1% |
| Free Cash Flow | $71M | $105M | -$76M | -32.8% | 192.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $983M |
| GROSS PROFIT | $279M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $51M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $228M |
| Interest Income | $373.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $217M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $163M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $163M |
| Net Income Deductions | -$70.0K |
| BOTTOM LINE NET INCOME | $163M |
| D&A | $94M |
| EBIT | $225M |
| EBITDA | $320M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $983M |
| GROSS PROFIT | $279M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $51M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $228M |
| Interest Income | $373.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $217M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $163M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $163M |
| Net Income Deductions | -$70.0K |
| BOTTOM LINE NET INCOME | $163M |
| D&A | $94M |
| EBIT | $225M |
| EBITDA | $320M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $163M |
| Depreciation & Amortization | $95M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$63M |
| OPERATING CASH FLOW | $204M |
| Capital Expenditure | -$133M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$130M |
| Net Debt Issuance | -$12M |
| Common Stock Repurchased | -$75M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$97M |
| FREE CASH FLOW | $71M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $0 |
| Net Receivables | $733M |
| Inventory | $197M |
| Other Current Assets | $120M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $1.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $21M |
| Other Non-Current Assets | $104M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $412M |
| Short-Term Debt | $37M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $170M |
| TOTAL CURRENT LIABILITIES | $755M |
| Long-Term Debt | $210M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $115M |
| TOTAL NON-CURRENT LIABILITIES | $416M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $388M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $337M |
| Net Debt | $316M |
