| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $435M | $428M | $397M | 1.5% | 9.4% |
| Op. Income | $39M | $29M | $16M | 34.7% | 152.7% |
| Gross Margin | 20.9% | 19.3% | 18.4% | 1.6pp | 2.5pp |
| Net Margin | 6.6% | 4.7% | 5.0% | 2.0pp | 1.7pp |
| EPS (Diluted) | $1.38 | $0.96 | $0.95 | 43.7% | 45.3% |
| Free Cash Flow | $58M | -$4M | $24M | 1670.7% | 138.8% |
| Item | Amount |
|---|---|
| REVENUE | $435M |
| Cost of Revenue | $344M |
| GROSS PROFIT | $91M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $49M |
| Other Expenses | -$4M |
| Operating Expenses | $52M |
| Cost & Expenses | $395M |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $5M |
| 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 | $12M |
| EBIT | $29M |
| EBITDA | $41M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $435M |
| Cost of Revenue | $344M |
| GROSS PROFIT | $91M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $49M |
| Other Expenses | -$4M |
| Operating Expenses | $52M |
| Cost & Expenses | $395M |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $5M |
| 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 | $12M |
| EBIT | $29M |
| EBITDA | $41M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$92.0K |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $42M |
| OPERATING CASH FLOW | $82M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $23.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $23.0K |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | -$64M |
| Common Stock Repurchased | -$537.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$537.0K |
| NET CASH FROM FINANCING | -$67M |
| FREE CASH FLOW | $58M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $215M |
| Inventory | $423M |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $690M |
| PP&E (Net) | $513M |
| Goodwill | $319M |
| Intangible Assets | $143M |
| Long-Term Investments | $5M |
| Tax Assets | $3M |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.7B |
| Account Payables | $108M |
| Short-Term Debt | $21M |
| Deferred Revenue | $15M |
| Other Current Liabilities | $55M |
| TOTAL CURRENT LIABILITIES | $239M |
| Long-Term Debt | $411M |
| Deferred Revenue NC | $108M |
| Deferred Tax Liabilities | $28M |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $653M |
| TOTAL LIABILITIES | $892M |
| Common Stock | $288M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $769M |
| Treasury Stock | -$221M |
| Accum. Other Comp. Income | -$42M |
| Other Equity | $5M |
| TOTAL STOCKHOLDERS' EQUITY | $800M |
| Minority Interest | $0 |
| TOTAL EQUITY | $800M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $505M |
| Net Debt | $492M |
