| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $536M | $560M | $467M | -4.2% | 14.9% |
| Op. Income | $42M | $47M | -$13M | -10.0% | 435.5% |
| Gross Margin | 16.8% | 17.1% | 17.0% | -0.3pp | -0.2pp |
| Net Margin | 4.3% | 3.3% | -8.3% | 1.0pp | 12.6pp |
| EPS (Diluted) | $0.23 | $0.18 | $-0.39 | 27.8% | 159.0% |
| Free Cash Flow | $129M | $67M | $126M | 93.7% | 2.7% |
| Item | Amount |
|---|---|
| REVENUE | $536M |
| Cost of Revenue | $446M |
| GROSS PROFIT | $90M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $48M |
| Other Expenses | $0 |
| Operating Expenses | $48M |
| Cost & Expenses | $494M |
| OPERATING INCOME | $42M |
| Interest Income | $3M |
| Interest Expense | $10M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $28M |
| EBIT | $45M |
| EBITDA | $73M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $536M |
| Cost of Revenue | $446M |
| GROSS PROFIT | $90M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $48M |
| Other Expenses | $0 |
| Operating Expenses | $48M |
| Cost & Expenses | $494M |
| OPERATING INCOME | $42M |
| Interest Income | $3M |
| Interest Expense | $10M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $28M |
| EBIT | $45M |
| EBITDA | $73M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $226.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $101M |
| OPERATING CASH FLOW | $155M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $51.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | $129M |
| Net Change in Cash | $141M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $569M |
| Short-Term Investments | $6M |
| Net Receivables | $481M |
| Inventory | $184M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $578M |
| Goodwill | $34M |
| Intangible Assets | $12M |
| Long-Term Investments | $30M |
| Tax Assets | $0 |
| Other Non-Current Assets | $81M |
| TOTAL NON-CURRENT ASSETS | $735M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $148M |
| Short-Term Debt | $20M |
| Deferred Revenue | $113M |
| Other Current Liabilities | $63M |
| TOTAL CURRENT LIABILITIES | $568M |
| Long-Term Debt | $701M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $82M |
| TOTAL NON-CURRENT LIABILITIES | $937M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $28M |
| Additional Paid-In Capital | $156M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$606M |
| Accum. Other Comp. Income | -$386M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $520M |
| Minority Interest | $6M |
| TOTAL EQUITY | $526M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $872M |
| Net Debt | $304M |
