| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.1B | $5.4B | $5.1B | -5.4% | -0.8% |
| Op. Income | $163M | $174M | $221M | -6.2% | -26.2% |
| Gross Margin | 10.2% | 10.4% | 10.7% | -0.2pp | -0.5pp |
| Net Margin | 2.1% | 2.2% | 3.0% | -0.1pp | -0.9pp |
| EPS (Diluted) | $4.80 | $5.21 | $6.08 | -7.9% | -21.1% |
| Free Cash Flow | $77M | $141M | $275M | -45.4% | -72.0% |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $518M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $59M |
| Other Expenses | $296M |
| Operating Expenses | $355M |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $163M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $139M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $106M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $106M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $106M |
| D&A | $56M |
| EBIT | $164M |
| EBITDA | $220M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $518M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $59M |
| Other Expenses | $296M |
| Operating Expenses | $355M |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $163M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $139M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $106M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $106M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $106M |
| D&A | $56M |
| EBIT | $164M |
| EBITDA | $220M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $106M |
| Depreciation & Amortization | $56M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$30M |
| OPERATING CASH FLOW | $150M |
| Capital Expenditure | -$73M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | -$800.0K |
| NET CASH FROM INVESTING | -$69M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | -$39M |
| FREE CASH FLOW | $77M |
| Net Change in Cash | $42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $102M |
| Short-Term Investments | $14M |
| Net Receivables | $265M |
| Inventory | $304M |
| Other Current Assets | $900.0K |
| TOTAL CURRENT ASSETS | $711M |
| PP&E (Net) | $2.9B |
| Goodwill | $328M |
| Intangible Assets | $140M |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $688M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $772M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $402M |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $502M |
| Retained Earnings | $2.9B |
| Treasury Stock | -$2.6B |
| Accum. Other Comp. Income | -$300.0K |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $717M |
| Minority Interest | $0 |
| TOTAL EQUITY | $717M |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $2.3B |
| Net Debt | $2.2B |
