| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $773M | $771M | $707M | 0.3% | 9.3% |
| Op. Income | $72M | $72M | $57M | 0.8% | 27.1% |
| Gross Margin | 25.1% | 25.2% | 26.9% | -0.1pp | -1.8pp |
| Net Margin | 6.5% | 3.8% | 5.1% | 2.7pp | 1.4pp |
| EPS (Diluted) | $1.57 | $0.91 | $1.12 | 72.5% | 40.2% |
| Free Cash Flow | -$29M | -$14M | $63M | -103.8% | -145.6% |
| Item | Amount |
|---|---|
| REVENUE | $773M |
| Cost of Revenue | $579M |
| GROSS PROFIT | $194M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $114M |
| Other Expenses | $0 |
| Operating Expenses | $122M |
| Cost & Expenses | $701M |
| OPERATING INCOME | $72M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $21M |
| EBIT | $72M |
| EBITDA | $93M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $773M |
| Cost of Revenue | $579M |
| GROSS PROFIT | $194M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $114M |
| Other Expenses | $0 |
| Operating Expenses | $122M |
| Cost & Expenses | $701M |
| OPERATING INCOME | $72M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $21M |
| EBIT | $72M |
| EBITDA | $93M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$76M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | $23M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$29M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $94M |
| Short-Term Investments | $0 |
| Net Receivables | $974M |
| Inventory | $592M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $742M |
| Goodwill | $826M |
| Intangible Assets | $98M |
| Long-Term Investments | $227.0K |
| Tax Assets | $15M |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $219M |
| Short-Term Debt | $1M |
| Deferred Revenue | $294M |
| Other Current Liabilities | $193M |
| TOTAL CURRENT LIABILITIES | $813M |
| Long-Term Debt | $856M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $72M |
| Other Non-Current Liabilities | $267M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $51M |
| Additional Paid-In Capital | $529M |
| Retained Earnings | $2.3B |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | -$455M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $857M |
| Net Debt | $763M |
