| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.5B | $1.7B | 4.7% | -5.7% |
| Op. Income | $137M | $199M | $186M | -31.2% | -26.5% |
| Gross Margin | 55.8% | 56.9% | 57.8% | -1.0pp | -2.0pp |
| Net Margin | 9.5% | 11.4% | 9.1% | -1.9pp | 0.4pp |
| EPS (Diluted) | $0.38 | $0.43 | $0.37 | -11.6% | 2.7% |
| Free Cash Flow | -$53M | -$12M | $180M | -341.5% | -129.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $701M |
| GROSS PROFIT | $887M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $741M |
| Other Expenses | $9M |
| Operating Expenses | $750M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $137M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $140M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | $151M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $151M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $151M |
| D&A | $41M |
| EBIT | $149M |
| EBITDA | $190M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $701M |
| GROSS PROFIT | $887M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $741M |
| Other Expenses | $9M |
| Operating Expenses | $750M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $137M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $140M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | $151M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $151M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $151M |
| D&A | $41M |
| EBIT | $149M |
| EBITDA | $190M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $151M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$58M |
| Other Non-Cash Items | -$30M |
| Change in Working Capital | -$101M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$70M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $45M |
| Other Investing Activities | $19M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | -$35M |
| Common Dividends Paid | -$47M |
| Other Financing Activities | -$194.0K |
| NET CASH FROM FINANCING | -$78M |
| FREE CASH FLOW | -$53M |
| Net Change in Cash | -$69M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $430M |
| Short-Term Investments | $71M |
| Net Receivables | $697M |
| Inventory | $1.4B |
| Other Current Assets | $214M |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $1.6B |
| Goodwill | $366M |
| Intangible Assets | $287M |
| Long-Term Investments | $0 |
| Tax Assets | $625M |
| Other Non-Current Assets | $340M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $6.0B |
| Account Payables | $657M |
| Short-Term Debt | $12M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $985M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $309M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $4.1B |
| Common Stock | $400.0K |
| Additional Paid-In Capital | $626M |
| Retained Earnings | $1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$422M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $6.0B |
| Total Debt | $2.1B |
| Net Debt | $1.7B |
