| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $762M | — | $937M | — | -18.7% |
| Op. Income | $359M | — | $522M | — | -31.2% |
| Gross Margin | 50.7% | — | 58.4% | — | -7.7pp |
| Net Margin | 45.5% | — | 55.1% | — | -9.7pp |
| EPS (Diluted) | $0.72 | — | $5.44 | — | -86.8% |
| Free Cash Flow | $177M | — | $311M | — | -43.0% |
| Item | Amount |
|---|---|
| REVENUE | $762M |
| Cost of Revenue | $376M |
| GROSS PROFIT | $387M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $28M |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $403M |
| OPERATING INCOME | $359M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $347M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $347M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $347M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $138M |
| EBIT | $358M |
| EBITDA | $495M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $762M |
| Cost of Revenue | $376M |
| GROSS PROFIT | $387M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $28M |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $403M |
| OPERATING INCOME | $359M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $347M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $347M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $347M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $138M |
| EBIT | $358M |
| EBITDA | $495M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $347M |
| Depreciation & Amortization | $138M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$50M |
| Change in Working Capital | $54M |
| OPERATING CASH FLOW | $492M |
| Capital Expenditure | -$315M |
| Acquisitions (Net) | $39M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$752M |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | $644M |
| Common Stock Repurchased | -$66M |
| Common Dividends Paid | -$101M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $659M |
| FREE CASH FLOW | $177M |
| Net Change in Cash | $123M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $153M |
| Short-Term Investments | $0 |
| Net Receivables | $132M |
| Inventory | $31M |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $344M |
| PP&E (Net) | $1.9B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $15M |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $45M |
| Short-Term Debt | $62M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $275M |
| Long-Term Debt | $745M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $86M |
| TOTAL NON-CURRENT LIABILITIES | $838M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $824M |
| Net Debt | $672M |
