| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $435M | $503M | $356M | -13.4% | 22.2% |
| Op. Income | $178M | $181M | $132M | -1.6% | 34.4% |
| Gross Margin | 46.2% | 38.6% | 43.7% | 7.6pp | 2.4pp |
| Net Margin | 36.3% | 21.5% | 24.4% | 14.8pp | 11.9pp |
| EPS (Diluted) | $1.71 | $1.17 | $0.95 | 46.2% | 80.0% |
| Free Cash Flow | -$61M | $51M | -$119M | -218.5% | 49.0% |
| Item | Amount |
|---|---|
| REVENUE | $435M |
| Cost of Revenue | $234M |
| GROSS PROFIT | $201M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $23M |
| Operating Expenses | $23M |
| Cost & Expenses | $257M |
| OPERATING INCOME | $178M |
| Interest Income | $0 |
| Interest Expense | $33M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | $139M |
| Income Tax Expense | -$19M |
| Net Income from Continuing Ops | $158M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $158M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $158M |
| D&A | $94M |
| EBIT | $173M |
| EBITDA | $267M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $435M |
| Cost of Revenue | $234M |
| GROSS PROFIT | $201M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $23M |
| Operating Expenses | $23M |
| Cost & Expenses | $257M |
| OPERATING INCOME | $178M |
| Interest Income | $0 |
| Interest Expense | $33M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | $139M |
| Income Tax Expense | -$19M |
| Net Income from Continuing Ops | $158M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $158M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $158M |
| D&A | $94M |
| EBIT | $173M |
| EBITDA | $267M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $158M |
| Depreciation & Amortization | $94M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$17M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$86M |
| OPERATING CASH FLOW | $159M |
| Capital Expenditure | -$219M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$224M |
| Net Debt Issuance | -$340M |
| Common Stock Repurchased | -$203.0K |
| Common Dividends Paid | -$43M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$384M |
| FREE CASH FLOW | -$61M |
| Net Change in Cash | -$449M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $0 |
| Net Receivables | $412M |
| Inventory | $172M |
| Other Current Assets | $113M |
| TOTAL CURRENT ASSETS | $761M |
| PP&E (Net) | $6.6B |
| Goodwill | $5M |
| Intangible Assets | $0 |
| Long-Term Investments | $95M |
| Tax Assets | $0 |
| Other Non-Current Assets | $468M |
| TOTAL NON-CURRENT ASSETS | $7.1B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $179M |
| Short-Term Debt | $609M |
| Deferred Revenue | $50M |
| Other Current Liabilities | $978M |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $698M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $3.9B |
| TOTAL LIABILITIES | $5.8B |
| Common Stock | $91M |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$626M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $2.7B |
| Net Debt | $2.6B |
