| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $455M | $422M | $398M | 7.9% | 14.5% |
| Op. Income | $46M | $61M | $21M | -23.9% | 115.5% |
| Gross Margin | 36.8% | 36.7% | 34.4% | 0.1pp | 2.5pp |
| Net Margin | 6.2% | 10.2% | 2.6% | -4.0pp | 3.5pp |
| EPS (Diluted) | $0.66 | $1.02 | $0.25 | -35.3% | 164.0% |
| Free Cash Flow | $106M | $75M | $106M | 41.7% | 0.1% |
| Item | Amount |
|---|---|
| REVENUE | $455M |
| Cost of Revenue | $288M |
| GROSS PROFIT | $168M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $122M |
| Other Expenses | $0 |
| Operating Expenses | $122M |
| Cost & Expenses | $409M |
| OPERATING INCOME | $46M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $24M |
| EBIT | $42M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $455M |
| Cost of Revenue | $288M |
| GROSS PROFIT | $168M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $122M |
| Other Expenses | $0 |
| Operating Expenses | $122M |
| Cost & Expenses | $409M |
| OPERATING INCOME | $46M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $24M |
| EBIT | $42M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | $55M |
| OPERATING CASH FLOW | $125M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | -$245.0K |
| Purchases of Investments | -$21M |
| Sales/Maturities of Investments | $20M |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | -$392.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $106M |
| Net Change in Cash | $81M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $389M |
| Short-Term Investments | $0 |
| Net Receivables | $419M |
| Inventory | $36M |
| Other Current Assets | $81M |
| TOTAL CURRENT ASSETS | $951M |
| PP&E (Net) | $147M |
| Goodwill | $241M |
| Intangible Assets | $211M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $94M |
| TOTAL NON-CURRENT ASSETS | $693M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $62M |
| Short-Term Debt | $0 |
| Deferred Revenue | $54M |
| Other Current Liabilities | $73M |
| TOTAL CURRENT LIABILITIES | $302M |
| Long-Term Debt | $411M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $529M |
| TOTAL LIABILITIES | $831M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $687M |
| Retained Earnings | $227M |
| Treasury Stock | -$102M |
| Accum. Other Comp. Income | $143.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $813M |
| Minority Interest | $0 |
| TOTAL EQUITY | $813M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $566M |
| Net Debt | $176M |
