| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | $2.7B | $2.4B | -7.6% | 3.5% |
| Op. Income | $90M | $130M | $83M | -30.3% | 8.6% |
| Gross Margin | 15.8% | 16.0% | 14.9% | -0.2pp | 0.9pp |
| Net Margin | 2.3% | 3.3% | 2.3% | -1.0pp | -0.0pp |
| EPS (Diluted) | $1.58 | $2.42 | $1.51 | -34.7% | 4.6% |
| Free Cash Flow | $224M | -$179M | -$134M | 225.0% | 267.1% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $399M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $308M |
| Other Expenses | $726.0K |
| Operating Expenses | $309M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $90M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $77M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $15M |
| EBIT | $88M |
| EBITDA | $104M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $399M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $308M |
| Other Expenses | $726.0K |
| Operating Expenses | $309M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $90M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $77M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $15M |
| EBIT | $88M |
| EBITDA | $104M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $57M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $160M |
| OPERATING CASH FLOW | $236M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$32.0K |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$190M |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$221M |
| FREE CASH FLOW | $224M |
| Net Change in Cash | -$951.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $137M |
| Short-Term Investments | $0 |
| Net Receivables | $3.0B |
| Inventory | $368M |
| Other Current Assets | $232M |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $201M |
| Goodwill | $494M |
| Intangible Assets | $212M |
| Long-Term Investments | $154M |
| Tax Assets | $0 |
| Other Non-Current Assets | $152M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $1.5B |
| Short-Term Debt | $333M |
| Deferred Revenue | $111M |
| Other Current Liabilities | $304M |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $784M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $37M |
| Other Non-Current Liabilities | $283M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $348.0K |
| Additional Paid-In Capital | $331M |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$76M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $1.1B |
| Net Debt | $980M |
