| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $503M | $702M | $394M | -28.4% | 27.4% |
| Op. Income | $181M | $246M | $150M | -26.7% | 20.4% |
| Gross Margin | 38.6% | 39.1% | 44.3% | -0.5pp | -5.7pp |
| Net Margin | 21.5% | 23.8% | 21.9% | -2.3pp | -0.4pp |
| EPS (Diluted) | $1.17 | $1.82 | $0.94 | -35.7% | 24.5% |
| Free Cash Flow | $51M | $52M | $81M | -1.7% | -36.5% |
| Item | Amount |
|---|---|
| REVENUE | $503M |
| Cost of Revenue | $309M |
| GROSS PROFIT | $194M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $13M |
| Operating Expenses | $13M |
| Cost & Expenses | $322M |
| OPERATING INCOME | $181M |
| Interest Income | $0 |
| Interest Expense | $34M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $96M |
| EBIT | $175M |
| EBITDA | $271M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $503M |
| Cost of Revenue | $309M |
| GROSS PROFIT | $194M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $13M |
| Operating Expenses | $13M |
| Cost & Expenses | $322M |
| OPERATING INCOME | $181M |
| Interest Income | $0 |
| Interest Expense | $34M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $96M |
| EBIT | $175M |
| EBITDA | $271M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $108M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $27M |
| Other Non-Cash Items | $96M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $228M |
| Capital Expenditure | -$177M |
| Acquisitions (Net) | $241M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$161.0K |
| NET CASH FROM INVESTING | $64M |
| Net Debt Issuance | $182M |
| Common Stock Repurchased | -$361.0K |
| Common Dividends Paid | -$42M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $140M |
| FREE CASH FLOW | $51M |
| Net Change in Cash | $432M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $587M |
| Short-Term Investments | $0 |
| Net Receivables | $421M |
| Inventory | $84M |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $6.4B |
| Goodwill | $5M |
| Intangible Assets | $0 |
| Long-Term Investments | $193M |
| Tax Assets | $0 |
| Other Non-Current Assets | $378M |
| TOTAL NON-CURRENT ASSETS | $7.0B |
| TOTAL ASSETS | $8.1B |
| Account Payables | $146M |
| Short-Term Debt | $949M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $767M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $3.9B |
| TOTAL LIABILITIES | $6.1B |
| Common Stock | $91M |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$583M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $8.1B |
| Total Debt | $3.0B |
| Net Debt | $2.4B |
