| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $610M | $613M | $623M | -0.6% | -2.2% |
| Op. Income | $111M | $94M | $151M | 17.5% | -26.5% |
| Gross Margin | 40.2% | 37.3% | 41.5% | 2.9pp | -1.3pp |
| Net Margin | 14.6% | 15.2% | 18.9% | -0.7pp | -4.3pp |
| EPS (Diluted) | $3.54 | $3.74 | $4.70 | -5.3% | -24.7% |
| Free Cash Flow | $28M | $80M | $22M | -65.2% | 26.5% |
| Item | Amount |
|---|---|
| REVENUE | $610M |
| Cost of Revenue | $365M |
| GROSS PROFIT | $245M |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $88M |
| Other Expenses | $19M |
| Operating Expenses | $134M |
| Cost & Expenses | $499M |
| OPERATING INCOME | $111M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $109M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $89M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $34M |
| EBIT | $119M |
| EBITDA | $153M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $610M |
| Cost of Revenue | $365M |
| GROSS PROFIT | $245M |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $88M |
| Other Expenses | $19M |
| Operating Expenses | $134M |
| Cost & Expenses | $499M |
| OPERATING INCOME | $111M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $109M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $89M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $34M |
| EBIT | $119M |
| EBITDA | $153M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $89M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$22M |
| Change in Working Capital | -$52M |
| OPERATING CASH FLOW | $53M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | -$158M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $737.0K |
| NET CASH FROM INVESTING | -$183M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | -$137M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $426M |
| Short-Term Investments | $85.0K |
| Net Receivables | $325M |
| Inventory | $560M |
| Other Current Assets | $91M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $549M |
| Goodwill | $1.3B |
| Intangible Assets | $647M |
| Long-Term Investments | $30M |
| Tax Assets | $14M |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $191M |
| Short-Term Debt | $151M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $66M |
| TOTAL CURRENT LIABILITIES | $520M |
| Long-Term Debt | $867M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $109M |
| Other Non-Current Liabilities | $114M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $261.0K |
| Additional Paid-In Capital | $983M |
| Retained Earnings | $1.7B |
| Treasury Stock | -$253M |
| Accum. Other Comp. Income | -$82M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $250.0K |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $1.1B |
| Net Debt | $636M |
