| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $533M | $572M | $470M | -6.9% | 13.4% |
| Op. Income | $109M | $114M | $114M | -4.7% | -4.4% |
| Gross Margin | 25.0% | 24.1% | 28.4% | 0.9pp | -3.4pp |
| Net Margin | 12.5% | 12.5% | 14.7% | 0.1pp | -2.2pp |
| EPS (Diluted) | $1.00 | $1.07 | $1.04 | -6.5% | -3.8% |
| Free Cash Flow | $38M | $108M | $1M | -64.6% | 2665.3% |
| Item | Amount |
|---|---|
| REVENUE | $533M |
| Cost of Revenue | $400M |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $424M |
| OPERATING INCOME | $109M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $32M |
| EBIT | $116M |
| EBITDA | $148M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $533M |
| Cost of Revenue | $400M |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $424M |
| OPERATING INCOME | $109M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $32M |
| EBIT | $116M |
| EBITDA | $148M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $67M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $620.0K |
| Other Non-Cash Items | -$15M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $87M |
| Capital Expenditure | -$49M |
| Acquisitions (Net) | -$257M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$304M |
| Net Debt Issuance | $97M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $91M |
| FREE CASH FLOW | $38M |
| Net Change in Cash | -$133M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $287M |
| Short-Term Investments | $75M |
| Net Receivables | $324M |
| Inventory | $386M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $1.3B |
| Goodwill | $33M |
| Intangible Assets | $57M |
| Long-Term Investments | $45M |
| Tax Assets | $0 |
| Other Non-Current Assets | $50M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $87M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $323M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $123M |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $66M |
| Additional Paid-In Capital | $351M |
| Retained Earnings | $583M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$280M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $720M |
| Minority Interest | $0 |
| TOTAL EQUITY | $720M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $1.4B |
| Net Debt | $1.1B |
