| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.5B | $1.6B | 18.8% | 12.2% |
| Op. Income | $121M | $51M | $98M | 137.9% | 23.0% |
| Gross Margin | 18.8% | 16.2% | 18.1% | 2.6pp | 0.6pp |
| Net Margin | 5.4% | 2.6% | 4.4% | 2.8pp | 0.9pp |
| EPS (Diluted) | $2.44 | $0.99 | $1.81 | 146.5% | 34.8% |
| Free Cash Flow | $33M | $212M | $54M | -84.4% | -39.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $332M |
| R&D Expenses | $0 |
| Selling & Marketing | $17M |
| General & Administrative | $184M |
| SG&A Expenses | $201M |
| Other Expenses | $10M |
| Operating Expenses | $211M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $121M |
| Interest Income | $9M |
| Interest Expense | $6M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $124M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $95M |
| D&A | $10M |
| EBIT | $130M |
| EBITDA | $140M |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $332M |
| R&D Expenses | $0 |
| Selling & Marketing | $17M |
| General & Administrative | $184M |
| SG&A Expenses | $201M |
| Other Expenses | $10M |
| Operating Expenses | $211M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $121M |
| Interest Income | $9M |
| Interest Expense | $6M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $124M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $95M |
| D&A | $10M |
| EBIT | $130M |
| EBITDA | $140M |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $95M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $17M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$93M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$35M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | -$47M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $697M |
| Short-Term Investments | $36M |
| Net Receivables | $607M |
| Inventory | $0 |
| Other Current Assets | $128M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $250M |
| Goodwill | $0 |
| Intangible Assets | $13M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $260M |
| TOTAL NON-CURRENT ASSETS | $522M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $52M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $369M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $181M |
| TOTAL NON-CURRENT LIABILITIES | $604M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $555.0K |
| Additional Paid-In Capital | $142M |
| Retained Earnings | $726M |
| Treasury Stock | -$735M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $133M |
| Minority Interest | $0 |
| TOTAL EQUITY | $133M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $421M |
| Net Debt | -$276M |
