| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.2B | $1.2B | -4.4% | -9.5% |
| Op. Income | $57M | $75M | $145M | -25.1% | -61.1% |
| Gross Margin | 16.7% | 17.5% | 22.5% | -0.8pp | -5.8pp |
| Net Margin | 2.8% | 4.3% | 7.6% | -1.5pp | -4.8pp |
| EPS (Diluted) | $0.51 | $0.80 | $1.51 | -36.3% | -66.2% |
| Free Cash Flow | $45M | $98M | -$42M | -54.3% | 207.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $938M |
| GROSS PROFIT | $188M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $131M |
| Other Expenses | $0 |
| Operating Expenses | $131M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $57M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $31M |
| EBIT | $52M |
| EBITDA | $83M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $938M |
| GROSS PROFIT | $188M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $131M |
| Other Expenses | $0 |
| Operating Expenses | $131M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $57M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $31M |
| EBIT | $52M |
| EBITDA | $83M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $649.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $58M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$14M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $36M |
| Common Stock Repurchased | -$48M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | $45M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $111M |
| Short-Term Investments | $0 |
| Net Receivables | $884M |
| Inventory | $0 |
| Other Current Assets | $77M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $199M |
| Goodwill | $1.8B |
| Intangible Assets | $878M |
| Long-Term Investments | $22M |
| Tax Assets | $5M |
| Other Non-Current Assets | $99M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $259M |
| Short-Term Debt | $127M |
| Deferred Revenue | $107M |
| Other Current Liabilities | $51M |
| TOTAL CURRENT LIABILITIES | $730M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $24M |
| Deferred Tax Liabilities | $197M |
| Other Non-Current Liabilities | $70M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $558M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $996M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $1.6B |
| Net Debt | $1.5B |
