| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | $2.5B | $2.6B | -1.3% | -2.5% |
| Op. Income | $114M | $90M | $93M | 26.3% | 22.1% |
| Gross Margin | 16.8% | 15.8% | 15.0% | 1.1pp | 1.8pp |
| Net Margin | 3.1% | 2.3% | 2.4% | 0.8pp | 0.7pp |
| EPS (Diluted) | $2.13 | $1.58 | $1.69 | 34.8% | 26.0% |
| Free Cash Flow | $292M | $224M | $257M | 30.4% | 13.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $421M |
| R&D Expenses | $0 |
| Selling & Marketing | $89M |
| General & Administrative | $216M |
| SG&A Expenses | $305M |
| Other Expenses | $2M |
| Operating Expenses | $307M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $114M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $103M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $77M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $77M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $77M |
| D&A | $14M |
| EBIT | $116M |
| EBITDA | $130M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $421M |
| R&D Expenses | $0 |
| Selling & Marketing | $89M |
| General & Administrative | $216M |
| SG&A Expenses | $305M |
| Other Expenses | $2M |
| Operating Expenses | $307M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $114M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $103M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $77M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $77M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $77M |
| D&A | $14M |
| EBIT | $116M |
| EBITDA | $130M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $77M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $206M |
| OPERATING CASH FLOW | $304M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $28.0K |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$179M |
| Common Stock Repurchased | -$83M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$263M |
| FREE CASH FLOW | $292M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $164M |
| Short-Term Investments | $0 |
| Net Receivables | $3.3B |
| Inventory | $265M |
| Other Current Assets | $200M |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $280M |
| Goodwill | $493M |
| Intangible Assets | $205M |
| Long-Term Investments | $162M |
| Tax Assets | $6M |
| Other Non-Current Assets | $66M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $1.8B |
| Short-Term Debt | $667M |
| Deferred Revenue | $102M |
| Other Current Liabilities | $313M |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $292M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $33M |
| Other Non-Current Liabilities | $220M |
| TOTAL NON-CURRENT LIABILITIES | $608M |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $340.0K |
| Additional Paid-In Capital | $328M |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$59M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $1.0B |
| Net Debt | $858M |
