| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.6B | $1.6B | 6.3% | 6.1% |
| Op. Income | $157M | $137M | $234M | 14.9% | -32.8% |
| Gross Margin | 55.8% | 55.8% | 59.3% | -0.1pp | -3.5pp |
| Net Margin | 6.8% | 9.5% | 12.3% | -2.7pp | -5.5pp |
| EPS (Diluted) | $0.29 | $0.38 | $0.48 | -23.7% | -39.6% |
| Free Cash Flow | -$272M | -$53M | $13M | -417.1% | -2273.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $747M |
| GROSS PROFIT | $942M |
| R&D Expenses | $0 |
| Selling & Marketing | $449M |
| General & Administrative | $324M |
| SG&A Expenses | $774M |
| Other Expenses | $11M |
| Operating Expenses | $785M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $157M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $139M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $115M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $115M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $115M |
| D&A | $40M |
| EBIT | $150M |
| EBITDA | $190M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $747M |
| GROSS PROFIT | $942M |
| R&D Expenses | $0 |
| Selling & Marketing | $449M |
| General & Administrative | $324M |
| SG&A Expenses | $774M |
| Other Expenses | $11M |
| Operating Expenses | $785M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $157M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $139M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $115M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $115M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $115M |
| D&A | $40M |
| EBIT | $150M |
| EBITDA | $190M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $115M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$337M |
| OPERATING CASH FLOW | -$161M |
| Capital Expenditure | -$111M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $71M |
| Other Investing Activities | $21M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | $150M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$48M |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | $78M |
| FREE CASH FLOW | -$272M |
| Net Change in Cash | -$108M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $322M |
| Short-Term Investments | $0 |
| Net Receivables | $769M |
| Inventory | $1.3B |
| Other Current Assets | $223M |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $1.6B |
| Goodwill | $369M |
| Intangible Assets | $286M |
| Long-Term Investments | $0 |
| Tax Assets | $636M |
| Other Non-Current Assets | $354M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $475M |
| Short-Term Debt | $162M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $994M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $300M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $400.0K |
| Additional Paid-In Capital | $627M |
| Retained Earnings | $1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$419M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $2.2B |
| Net Debt | $1.9B |
