| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $542M | $557M | $473M | -2.7% | 14.5% |
| Op. Income | $67M | $74M | $63M | -8.6% | 6.3% |
| Gross Margin | 21.8% | 22.9% | 23.9% | -1.0pp | -2.1pp |
| Net Margin | 2.5% | 8.1% | 8.7% | -5.6pp | -6.3pp |
| EPS (Diluted) | $0.41 | $1.36 | $1.22 | -69.9% | -66.4% |
| Free Cash Flow | $11M | $12M | $22M | -4.3% | -48.9% |
| Item | Amount |
|---|---|
| REVENUE | $542M |
| Cost of Revenue | $424M |
| GROSS PROFIT | $118M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $475M |
| OPERATING INCOME | $67M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$49M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $27M |
| EBIT | $28M |
| EBITDA | $55M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $542M |
| Cost of Revenue | $424M |
| GROSS PROFIT | $118M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $475M |
| OPERATING INCOME | $67M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$49M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $27M |
| EBIT | $28M |
| EBITDA | $55M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $600.0K |
| Purchases of Investments | -$800.0K |
| Sales/Maturities of Investments | $600.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $224M |
| Short-Term Investments | $2M |
| Net Receivables | $431M |
| Inventory | $345M |
| Other Current Assets | $72M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $1.0B |
| Goodwill | $912M |
| Intangible Assets | $244M |
| Long-Term Investments | $25M |
| Tax Assets | $22M |
| Other Non-Current Assets | $72M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $210M |
| Short-Term Debt | $119M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $164M |
| TOTAL CURRENT LIABILITIES | $494M |
| Long-Term Debt | $945M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $195M |
| Other Non-Current Liabilities | $219M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $5M |
| Additional Paid-In Capital | $483M |
| Retained Earnings | $2.3B |
| Treasury Stock | -$831M |
| Accum. Other Comp. Income | -$421M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $34M |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $1.1B |
| Net Debt | $840M |
