| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.6B | $1.6B | -3.0% | -3.9% |
| Op. Income | $419M | $468M | $492M | -10.5% | -14.8% |
| Gross Margin | 64.2% | 62.9% | 61.9% | 1.2pp | 2.2pp |
| Net Margin | 14.8% | 14.8% | 20.2% | 0.0pp | -5.4pp |
| EPS (Diluted) | $0.89 | $0.92 | $1.27 | -3.3% | -29.9% |
| Free Cash Flow | $102M | $106M | $307M | -3.8% | -66.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $551M |
| GROSS PROFIT | $986M |
| R&D Expenses | $127M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $440M |
| Other Expenses | $0 |
| Operating Expenses | $567M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $419M |
| Interest Income | $0 |
| Interest Expense | $108M |
| Other Income/Expenses | -$137M |
| INCOME BEFORE TAX | $282M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $227M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $227M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $227M |
| D&A | $57M |
| EBIT | $390M |
| EBITDA | $447M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $551M |
| GROSS PROFIT | $986M |
| R&D Expenses | $127M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $440M |
| Other Expenses | $0 |
| Operating Expenses | $567M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $419M |
| Interest Income | $0 |
| Interest Expense | $108M |
| Other Income/Expenses | -$137M |
| INCOME BEFORE TAX | $282M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $227M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $227M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $227M |
| D&A | $57M |
| EBIT | $390M |
| EBITDA | $447M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $227M |
| Depreciation & Amortization | $57M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $317M |
| Capital Expenditure | -$215M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$213M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$74M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$77M |
| FREE CASH FLOW | $102M |
| Net Change in Cash | -$46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $499M |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $879M |
| Other Current Assets | $764M |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $906M |
| Goodwill | $4.6B |
| Intangible Assets | $670M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $666M |
| TOTAL NON-CURRENT ASSETS | $6.8B |
| TOTAL ASSETS | $10.4B |
| Account Payables | $1.0B |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $8.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $43M |
| Other Non-Current Liabilities | $441M |
| TOTAL NON-CURRENT LIABILITIES | $9.2B |
| TOTAL LIABILITIES | $11.5B |
| Common Stock | $3M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$383M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$686M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1.1B |
| TOTAL LIABILITIES & EQUITY | $10.4B |
| Total Debt | $8.7B |
| Net Debt | $8.2B |
