| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $852M | $1.1B | — | -24.6% | — |
| Op. Income | $172M | $462M | — | -62.8% | — |
| Gross Margin | 27.2% | 45.9% | — | -18.7pp | — |
| Net Margin | 26.5% | 34.1% | — | -7.5pp | — |
| EPS (Diluted) | $1.73 | $4.73 | — | -63.4% | — |
| Free Cash Flow | $109M | $379M | — | -71.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $852M |
| Cost of Revenue | $620M |
| GROSS PROFIT | $232M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $68M |
| Other Expenses | -$8M |
| Operating Expenses | $60M |
| Cost & Expenses | $680M |
| OPERATING INCOME | $172M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $173M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $129M |
| Net Income from Discontinued Ops | $97M |
| Other Adjustments | $2M |
| NET INCOME | $226M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $129M |
| D&A | $34M |
| EBIT | $173M |
| EBITDA | $207M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $852M |
| Cost of Revenue | $620M |
| GROSS PROFIT | $232M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $68M |
| Other Expenses | -$8M |
| Operating Expenses | $60M |
| Cost & Expenses | $680M |
| OPERATING INCOME | $172M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $173M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $129M |
| Net Income from Discontinued Ops | $97M |
| Other Adjustments | $2M |
| NET INCOME | $226M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $129M |
| D&A | $34M |
| EBIT | $173M |
| EBITDA | $207M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $225M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$95M |
| Change in Working Capital | $31M |
| OPERATING CASH FLOW | $195M |
| Capital Expenditure | -$86M |
| Acquisitions (Net) | $206M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | $121M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$325M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$342M |
| FREE CASH FLOW | $109M |
| Net Change in Cash | -$34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $469M |
| Short-Term Investments | $0 |
| Net Receivables | $171M |
| Inventory | $337M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $1.3B |
| Goodwill | $19M |
| Intangible Assets | $18M |
| Long-Term Investments | $7M |
| Tax Assets | $4M |
| Other Non-Current Assets | $76M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $342M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $430M |
| Long-Term Debt | $346M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $107M |
| Other Non-Current Liabilities | $95M |
| TOTAL NON-CURRENT LIABILITIES | $588M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $88M |
| Additional Paid-In Capital | $459M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$390M |
| Accum. Other Comp. Income | -$190M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $3M |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $386M |
| Net Debt | -$83M |
