| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $546M | $508M | $519M | 7.6% | 5.2% |
| Op. Income | $63M | $44M | $68M | 43.4% | -6.9% |
| Gross Margin | 22.1% | 19.2% | 23.4% | 2.9pp | -1.3pp |
| Net Margin | 6.8% | 3.9% | 8.5% | 2.8pp | -1.7pp |
| EPS (Diluted) | $1.14 | $0.62 | $1.33 | 83.9% | -14.3% |
| Free Cash Flow | $9M | $19M | -$19M | -51.6% | 149.7% |
| Item | Amount |
|---|---|
| REVENUE | $546M |
| Cost of Revenue | $425M |
| GROSS PROFIT | $121M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $52M |
| Other Expenses | $0 |
| Operating Expenses | $58M |
| Cost & Expenses | $483M |
| OPERATING INCOME | $63M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $27M |
| EBIT | $62M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $546M |
| Cost of Revenue | $425M |
| GROSS PROFIT | $121M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $52M |
| Other Expenses | $0 |
| Operating Expenses | $58M |
| Cost & Expenses | $483M |
| OPERATING INCOME | $63M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $27M |
| EBIT | $62M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$36M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $100.0K |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $250M |
| Short-Term Investments | $6M |
| Net Receivables | $421M |
| Inventory | $370M |
| Other Current Assets | $68M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $1.1B |
| Goodwill | $915M |
| Intangible Assets | $239M |
| Long-Term Investments | $0 |
| Tax Assets | $25M |
| Other Non-Current Assets | $99M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $226M |
| Short-Term Debt | $133M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $154M |
| TOTAL CURRENT LIABILITIES | $513M |
| Long-Term Debt | $925M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $179M |
| Other Non-Current Liabilities | $176M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $5M |
| Additional Paid-In Capital | $488M |
| Retained Earnings | $2.3B |
| Treasury Stock | -$831M |
| Accum. Other Comp. Income | -$359M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $35M |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $1.1B |
| Net Debt | $808M |
