| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $703M | $683M | $663M | 3.0% | 6.1% |
| Op. Income | $125M | $110M | $83M | 14.2% | 50.1% |
| Gross Margin | 28.2% | 26.3% | 23.4% | 1.9pp | 4.8pp |
| Net Margin | 13.9% | 13.3% | 9.0% | 0.6pp | 4.9pp |
| EPS (Diluted) | $10.09 | $9.23 | $5.76 | 9.3% | 75.2% |
| Free Cash Flow | $98M | $77M | -$6M | 27.5% | 1781.3% |
| Item | Amount |
|---|---|
| REVENUE | $703M |
| Cost of Revenue | $505M |
| GROSS PROFIT | $198M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $73M |
| Cost & Expenses | $578M |
| OPERATING INCOME | $125M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | $107.0K |
| INCOME BEFORE TAX | $125M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $97M |
| D&A | $20M |
| EBIT | $136M |
| EBITDA | $156M |
| EPS | $10 |
| EPS Diluted | $10 |
| Item | Amount |
|---|---|
| REVENUE | $703M |
| Cost of Revenue | $505M |
| GROSS PROFIT | $198M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $73M |
| Cost & Expenses | $578M |
| OPERATING INCOME | $125M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | $107.0K |
| INCOME BEFORE TAX | $125M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $97M |
| D&A | $20M |
| EBIT | $136M |
| EBITDA | $156M |
| EPS | $10 |
| EPS Diluted | $10 |
| Item | Amount |
|---|---|
| Net Income | $98M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $110M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$46M |
| Common Stock Repurchased | -$28M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$97M |
| FREE CASH FLOW | $98M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $70M |
| Short-Term Investments | $0 |
| Net Receivables | $457M |
| Inventory | $566M |
| Other Current Assets | $38M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $718M |
| Goodwill | $124M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $375M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $212M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $358M |
| Long-Term Debt | $958M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $167M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $883M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$62M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $822M |
| Minority Interest | $0 |
| TOTAL EQUITY | $822M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $1.0B |
| Net Debt | $948M |
