| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $659M | $618M | $540M | 6.5% | 22.1% |
| Op. Income | $122M | $134M | $120M | -9.2% | 1.5% |
| Gross Margin | 39.0% | 42.5% | 39.8% | -3.5pp | -0.8pp |
| Net Margin | 11.5% | 14.1% | 17.1% | -2.6pp | -5.6pp |
| EPS (Diluted) | $3.02 | $3.48 | $3.69 | -13.2% | -18.2% |
| Free Cash Flow | $126M | $87M | $89M | 45.0% | 41.4% |
| Item | Amount |
|---|---|
| REVENUE | $659M |
| Cost of Revenue | $402M |
| GROSS PROFIT | $257M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $90M |
| Other Expenses | $19M |
| Operating Expenses | $135M |
| Cost & Expenses | $537M |
| OPERATING INCOME | $122M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $33M |
| EBIT | $104M |
| EBITDA | $137M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $659M |
| Cost of Revenue | $402M |
| GROSS PROFIT | $257M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $90M |
| Other Expenses | $19M |
| Operating Expenses | $135M |
| Cost & Expenses | $537M |
| OPERATING INCOME | $122M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $33M |
| EBIT | $104M |
| EBITDA | $137M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $75M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $34M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $148M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | -$523M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $23.0K |
| NET CASH FROM INVESTING | -$545M |
| Net Debt Issuance | $92M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $58.0K |
| NET CASH FROM FINANCING | $77M |
| FREE CASH FLOW | $126M |
| Net Change in Cash | -$336M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $474M |
| Short-Term Investments | $79.0K |
| Net Receivables | $346M |
| Inventory | $536M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $504M |
| Goodwill | $1.2B |
| Intangible Assets | $605M |
| Long-Term Investments | $24M |
| Tax Assets | $10M |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $219M |
| Short-Term Debt | $10M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $94M |
| TOTAL CURRENT LIABILITIES | $449M |
| Long-Term Debt | $976M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $117M |
| Other Non-Current Liabilities | $112M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $261.0K |
| Additional Paid-In Capital | $969M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$253M |
| Accum. Other Comp. Income | -$135M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $167.0K |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $1.0B |
| Net Debt | $559M |
