| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.9B | $1.5B | -0.6% | 28.0% |
| Op. Income | $352M | $401M | $258M | -12.2% | 36.6% |
| Gross Margin | 55.9% | 56.5% | 57.2% | -0.5pp | -1.2pp |
| Net Margin | 13.8% | 15.5% | 12.9% | -1.7pp | 0.8pp |
| EPS (Diluted) | $2.00 | $2.26 | $1.44 | -11.5% | 38.9% |
| Free Cash Flow | -$110M | -$47M | $36M | -133.2% | -406.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $818M |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $684M |
| Other Expenses | $2M |
| Operating Expenses | $686M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $352M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $331.0K |
| INCOME BEFORE TAX | $353M |
| Income Tax Expense | $97M |
| Net Income from Continuing Ops | $255M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $255M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $255M |
| D&A | $79M |
| EBIT | $352M |
| EBITDA | $432M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $818M |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $684M |
| Other Expenses | $2M |
| Operating Expenses | $686M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $352M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $331.0K |
| INCOME BEFORE TAX | $353M |
| Income Tax Expense | $97M |
| Net Income from Continuing Ops | $255M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $255M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $255M |
| D&A | $79M |
| EBIT | $352M |
| EBITDA | $432M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $255M |
| Depreciation & Amortization | $79M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | -$278M |
| OPERATING CASH FLOW | $66M |
| Capital Expenditure | -$176M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $14M |
| NET CASH FROM INVESTING | -$162M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | -$110M |
| Net Change in Cash | -$146M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $353M |
| Short-Term Investments | $0 |
| Net Receivables | $293M |
| Inventory | $1.7B |
| Other Current Assets | $111M |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $2.1B |
| Goodwill | $387M |
| Intangible Assets | $65M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $149M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $301M |
| Short-Term Debt | $0 |
| Deferred Revenue | $172M |
| Other Current Liabilities | $304M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $51M |
| Other Non-Current Liabilities | $46M |
| TOTAL NON-CURRENT LIABILITIES | $947M |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $612.0K |
| Additional Paid-In Capital | $455M |
| Retained Earnings | $2.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$292M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $1.0B |
| Net Debt | $686M |
