| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $508M | $542M | $477M | -6.3% | 6.4% |
| Op. Income | $44M | $67M | $55M | -34.5% | -19.6% |
| Gross Margin | 19.2% | 21.8% | 22.2% | -2.6pp | -3.0pp |
| Net Margin | 3.9% | 2.5% | 8.6% | 1.5pp | -4.7pp |
| EPS (Diluted) | $0.62 | $0.41 | $1.23 | 51.2% | -49.6% |
| Free Cash Flow | $19M | $11M | $46M | 71.4% | -58.5% |
| Item | Amount |
|---|---|
| REVENUE | $508M |
| Cost of Revenue | $410M |
| GROSS PROFIT | $98M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $49M |
| Other Expenses | $0 |
| Operating Expenses | $54M |
| Cost & Expenses | $464M |
| OPERATING INCOME | $44M |
| Interest Income | $700.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $26M |
| EBIT | $41M |
| EBITDA | $67M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $508M |
| Cost of Revenue | $410M |
| GROSS PROFIT | $98M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $49M |
| Other Expenses | $0 |
| Operating Expenses | $54M |
| Cost & Expenses | $464M |
| OPERATING INCOME | $44M |
| Interest Income | $700.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $26M |
| EBIT | $41M |
| EBITDA | $67M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$17M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $42M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $600.0K |
| Other Investing Activities | $400.0K |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $247M |
| Short-Term Investments | $6M |
| Net Receivables | $404M |
| Inventory | $349M |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $1.1B |
| Goodwill | $915M |
| Intangible Assets | $242M |
| Long-Term Investments | $0 |
| Tax Assets | $24M |
| Other Non-Current Assets | $51M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $194M |
| Short-Term Debt | $148M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $96M |
| TOTAL CURRENT LIABILITIES | $503M |
| Long-Term Debt | $928M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $180M |
| Other Non-Current Liabilities | $133M |
| 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 | -$367M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $34M |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $1.1B |
| Net Debt | $873M |
