| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $550M | $418M | $501M | 31.5% | 9.7% |
| Op. Income | $68M | $30M | $57M | 129.2% | 17.8% |
| Gross Margin | 37.6% | 39.4% | 36.5% | -1.8pp | 1.0pp |
| Net Margin | 9.7% | 5.5% | 8.9% | 4.1pp | 0.7pp |
| EPS (Diluted) | $0.85 | $0.37 | $0.71 | 129.7% | 19.7% |
| Free Cash Flow | $101M | -$18M | $37M | 651.1% | 172.2% |
| Item | Amount |
|---|---|
| REVENUE | $550M |
| Cost of Revenue | $343M |
| GROSS PROFIT | $206M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $131M |
| Other Expenses | $8M |
| Operating Expenses | $139M |
| Cost & Expenses | $482M |
| OPERATING INCOME | $68M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $70M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $8M |
| EBIT | $69M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $550M |
| Cost of Revenue | $343M |
| GROSS PROFIT | $206M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $131M |
| Other Expenses | $8M |
| Operating Expenses | $139M |
| Cost & Expenses | $482M |
| OPERATING INCOME | $68M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $70M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $8M |
| EBIT | $69M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $53M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $19.0K |
| Change in Working Capital | $45M |
| OPERATING CASH FLOW | $113M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $67.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$60M |
| NET CASH FROM INVESTING | -$73M |
| Net Debt Issuance | -$268.0K |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $98.0K |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $101M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $211M |
| Short-Term Investments | $60M |
| Net Receivables | $2M |
| Inventory | $471M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $754M |
| PP&E (Net) | $612M |
| Goodwill | $445M |
| Intangible Assets | $231M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $90M |
| Short-Term Debt | $430.0K |
| Deferred Revenue | $11M |
| Other Current Liabilities | $35M |
| TOTAL CURRENT LIABILITIES | $259M |
| Long-Term Debt | $858.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $71M |
| Other Non-Current Liabilities | $1.0K |
| TOTAL NON-CURRENT LIABILITIES | $423M |
| TOTAL LIABILITIES | $682M |
| Common Stock | $67.0K |
| Additional Paid-In Capital | $678M |
| Retained Earnings | $987M |
| Treasury Stock | -$302M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $441M |
| Net Debt | $231M |
