| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $955M | $1.0B | $896M | -5.1% | 6.6% |
| Op. Income | $134M | $114M | $101M | 17.0% | 33.0% |
| Gross Margin | 23.1% | 20.4% | 22.0% | 2.7pp | 1.2pp |
| Net Margin | 11.2% | 3.2% | 7.4% | 7.9pp | 3.8pp |
| EPS (Diluted) | $0.73 | $0.22 | $0.45 | 231.8% | 62.2% |
| Free Cash Flow | -$104M | -$23M | $6M | -363.1% | -1780.6% |
| Item | Amount |
|---|---|
| REVENUE | $955M |
| Cost of Revenue | $734M |
| GROSS PROFIT | $221M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $87M |
| Other Expenses | $0 |
| Operating Expenses | $87M |
| Cost & Expenses | $821M |
| OPERATING INCOME | $134M |
| Interest Income | $0 |
| Interest Expense | $26M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $107M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $107M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $107M |
| D&A | $48M |
| EBIT | $134M |
| EBITDA | $181M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $955M |
| Cost of Revenue | $734M |
| GROSS PROFIT | $221M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $87M |
| Other Expenses | $0 |
| Operating Expenses | $87M |
| Cost & Expenses | $821M |
| OPERATING INCOME | $134M |
| Interest Income | $0 |
| Interest Expense | $26M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $107M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $107M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $107M |
| D&A | $48M |
| EBIT | $134M |
| EBITDA | $181M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $107M |
| Depreciation & Amortization | $48M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | -$27M |
| Change in Working Capital | -$176M |
| OPERATING CASH FLOW | -$34M |
| Capital Expenditure | -$71M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$79M |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | -$34M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$83M |
| FREE CASH FLOW | -$104M |
| Net Change in Cash | -$193M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $429M |
| Short-Term Investments | $0 |
| Net Receivables | $431M |
| Inventory | $635M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $1.7B |
| Goodwill | $322M |
| Intangible Assets | $35M |
| Long-Term Investments | $313M |
| Tax Assets | $0 |
| Other Non-Current Assets | $137M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $349M |
| Short-Term Debt | $32M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $71M |
| TOTAL CURRENT LIABILITIES | $613M |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $172M |
| Other Non-Current Liabilities | $227M |
| TOTAL NON-CURRENT LIABILITIES | $3.1B |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $148M |
| Additional Paid-In Capital | -$819M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$238M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $392M |
| Minority Interest | $0 |
| TOTAL EQUITY | $392M |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $2.8B |
| Net Debt | $2.3B |
