| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $768M | $773M | $724M | -0.6% | 6.1% |
| Op. Income | $65M | $72M | $55M | -9.7% | 19.0% |
| Gross Margin | 23.9% | 25.1% | 27.0% | -1.3pp | -3.1pp |
| Net Margin | 3.8% | 6.5% | 4.8% | -2.7pp | -0.9pp |
| EPS (Diluted) | $0.92 | $1.57 | $1.07 | -41.4% | -14.0% |
| Free Cash Flow | $30M | -$29M | $22M | 204.4% | 32.6% |
| Item | Amount |
|---|---|
| REVENUE | $768M |
| Cost of Revenue | $585M |
| GROSS PROFIT | $183M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $112M |
| Other Expenses | $0 |
| Operating Expenses | $118M |
| Cost & Expenses | $703M |
| OPERATING INCOME | $65M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $22M |
| EBIT | $65M |
| EBITDA | $88M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $768M |
| Cost of Revenue | $585M |
| GROSS PROFIT | $183M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $112M |
| Other Expenses | $0 |
| Operating Expenses | $118M |
| Cost & Expenses | $703M |
| OPERATING INCOME | $65M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $22M |
| EBIT | $65M |
| EBITDA | $88M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $63M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | $71M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$36M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | -$21M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$37M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $104M |
| Short-Term Investments | $0 |
| Net Receivables | $990M |
| Inventory | $588M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $738M |
| Goodwill | $805M |
| Intangible Assets | $85M |
| Long-Term Investments | $2M |
| Tax Assets | $9M |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $232M |
| Short-Term Debt | $916.0K |
| Deferred Revenue | $297M |
| Other Current Liabilities | $93M |
| TOTAL CURRENT LIABILITIES | $838M |
| Long-Term Debt | $837M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $64M |
| Other Non-Current Liabilities | $256M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $51M |
| Additional Paid-In Capital | $516M |
| Retained Earnings | $2.4B |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | -$370M |
| Other Equity | -$74M |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $838M |
| Net Debt | $736M |
