| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.8B | $5.1B | $5.1B | -5.4% | -6.6% |
| Op. Income | $162M | $181M | $151M | -10.6% | 7.3% |
| Gross Margin | 18.3% | 18.2% | 16.6% | 0.1pp | 1.7pp |
| Net Margin | 2.3% | 2.4% | 1.9% | -0.1pp | 0.4pp |
| EPS (Diluted) | $2.13 | $2.29 | $1.77 | -7.0% | 20.3% |
| Free Cash Flow | $254M | -$72M | $172M | 454.3% | 47.2% |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $879M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $717M |
| Other Expenses | $0 |
| Operating Expenses | $717M |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $162M |
| Interest Income | $4M |
| Interest Expense | $11M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $157M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $21M |
| EBIT | $167M |
| EBITDA | $189M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $879M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $717M |
| Other Expenses | $0 |
| Operating Expenses | $717M |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $162M |
| Interest Income | $4M |
| Interest Expense | $11M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $157M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $21M |
| EBIT | $167M |
| EBITDA | $189M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $111M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $132M |
| OPERATING CASH FLOW | $268M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | -$453M |
| Common Stock Repurchased | -$85M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$500.0K |
| NET CASH FROM FINANCING | -$539M |
| FREE CASH FLOW | $254M |
| Net Change in Cash | -$359M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $528M |
| Short-Term Investments | $0 |
| Net Receivables | $4.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.4B |
| PP&E (Net) | $411M |
| Goodwill | $1.6B |
| Intangible Assets | $554M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $530M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $8.6B |
| Account Payables | $2.6B |
| Short-Term Debt | $13M |
| Deferred Revenue | $27M |
| Other Current Liabilities | $400.0K |
| TOTAL CURRENT LIABILITIES | $4.5B |
| Long-Term Debt | $883M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $590M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $6.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.5B |
| Retained Earnings | $3.9B |
| Treasury Stock | -$4.4B |
| Accum. Other Comp. Income | -$533M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $11M |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $8.6B |
| Total Debt | $1.2B |
| Net Debt | $682M |
