| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $560M | $524M | $467M | 6.8% | 19.9% |
| Op. Income | $47M | $23M | $16M | 105.1% | 197.3% |
| Gross Margin | 17.1% | 14.5% | 12.8% | 2.6pp | 4.3pp |
| Net Margin | 3.3% | 0.7% | -1.6% | 2.6pp | 4.8pp |
| EPS (Diluted) | $0.18 | $0.04 | $-0.07 | 390.5% | 343.9% |
| Free Cash Flow | $67M | -$60M | $24M | 210.2% | 177.5% |
| Item | Amount |
|---|---|
| REVENUE | $560M |
| Cost of Revenue | $464M |
| GROSS PROFIT | $96M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $49M |
| Other Expenses | $0 |
| Operating Expenses | $49M |
| Cost & Expenses | $513M |
| OPERATING INCOME | $47M |
| Interest Income | $1M |
| Interest Expense | $10M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $30M |
| EBIT | $48M |
| EBITDA | $78M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $560M |
| Cost of Revenue | $464M |
| GROSS PROFIT | $96M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $49M |
| Other Expenses | $0 |
| Operating Expenses | $49M |
| Cost & Expenses | $513M |
| OPERATING INCOME | $47M |
| Interest Income | $1M |
| Interest Expense | $10M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $30M |
| EBIT | $48M |
| EBITDA | $78M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $463.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $33M |
| OPERATING CASH FLOW | $86M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $406.0K |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $200.0K |
| NET CASH FROM FINANCING | $200.0K |
| FREE CASH FLOW | $67M |
| Net Change in Cash | $59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $428M |
| Short-Term Investments | $6M |
| Net Receivables | $558M |
| Inventory | $168M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $571M |
| Goodwill | $34M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $98M |
| TOTAL NON-CURRENT ASSETS | $703M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $136M |
| Short-Term Debt | $18M |
| Deferred Revenue | $80M |
| Other Current Liabilities | $55M |
| TOTAL CURRENT LIABILITIES | $516M |
| Long-Term Debt | $701M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $80M |
| TOTAL NON-CURRENT LIABILITIES | $930M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $28M |
| Additional Paid-In Capital | $153M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$606M |
| Accum. Other Comp. Income | -$409M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $471M |
| Minority Interest | $6M |
| TOTAL EQUITY | $477M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $868M |
| Net Debt | $441M |
