| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $760M | $768M | $724M | -1.0% | 5.0% |
| Op. Income | $67M | $65M | $53M | 2.5% | 25.2% |
| Gross Margin | 24.4% | 23.9% | 24.0% | 0.6pp | 0.4pp |
| Net Margin | 6.1% | 3.8% | 6.4% | 2.2pp | -0.3pp |
| EPS (Diluted) | $1.44 | $0.92 | $1.44 | 56.5% | 0.0% |
| Free Cash Flow | -$22M | $30M | $120M | -173.9% | -118.3% |
| Item | Amount |
|---|---|
| REVENUE | $760M |
| Cost of Revenue | $575M |
| GROSS PROFIT | $186M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $113M |
| Other Expenses | $0 |
| Operating Expenses | $119M |
| Cost & Expenses | $693M |
| OPERATING INCOME | $67M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $21M |
| EBIT | $67M |
| EBITDA | $88M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $760M |
| Cost of Revenue | $575M |
| GROSS PROFIT | $186M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $113M |
| Other Expenses | $0 |
| Operating Expenses | $119M |
| Cost & Expenses | $693M |
| OPERATING INCOME | $67M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $21M |
| EBIT | $67M |
| EBITDA | $88M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | -$53M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $80M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $59M |
| FREE CASH FLOW | -$22M |
| Net Change in Cash | $47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $143M |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $648M |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $758M |
| Goodwill | $823M |
| Intangible Assets | $85M |
| Long-Term Investments | $97.0K |
| Tax Assets | $9M |
| Other Non-Current Assets | $49M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $226M |
| Short-Term Debt | $822.0K |
| Deferred Revenue | $372M |
| Other Current Liabilities | $175M |
| TOTAL CURRENT LIABILITIES | $886M |
| Long-Term Debt | $916M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $65M |
| Other Non-Current Liabilities | $266M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $51M |
| Additional Paid-In Capital | $551M |
| Retained Earnings | $2.4B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$257M |
| Other Equity | -$162M |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $917M |
| Net Debt | $774M |
