| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $2.3B | $2.4B | -14.8% | -18.7% |
| Op. Income | $274M | $394M | $526M | -30.5% | -47.9% |
| Gross Margin | 19.3% | 20.7% | 25.9% | -1.4pp | -6.6pp |
| Net Margin | 9.9% | 13.6% | 12.6% | -3.6pp | -2.7pp |
| EPS (Diluted) | $1.43 | $2.18 | $1.89 | -34.4% | -24.3% |
| Free Cash Flow | $344M | $486M | $425M | -29.3% | -19.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $382M |
| R&D Expenses | $18M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $88M |
| Other Expenses | $1M |
| Operating Expenses | $108M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $274M |
| Interest Income | $1M |
| Interest Expense | $41M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $244M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $197M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $197M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $197M |
| D&A | $149M |
| EBIT | $278M |
| EBITDA | $426M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $382M |
| R&D Expenses | $18M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $88M |
| Other Expenses | $1M |
| Operating Expenses | $108M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $274M |
| Interest Income | $1M |
| Interest Expense | $41M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $244M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $197M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $197M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $197M |
| D&A | $149M |
| EBIT | $278M |
| EBITDA | $426M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $197M |
| Depreciation & Amortization | $149M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$29M |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | $104M |
| OPERATING CASH FLOW | $412M |
| Capital Expenditure | -$69M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$38M |
| NET CASH FROM INVESTING | -$106M |
| Net Debt Issuance | -$200.0K |
| Common Stock Repurchased | -$250M |
| Common Dividends Paid | -$27M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$277M |
| FREE CASH FLOW | $344M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $194M |
| Short-Term Investments | $0 |
| Net Receivables | $968M |
| Inventory | $942M |
| Other Current Assets | $53M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $3.0B |
| Goodwill | $1.4B |
| Intangible Assets | $1.3B |
| Long-Term Investments | $4M |
| Tax Assets | $61M |
| Other Non-Current Assets | $50M |
| TOTAL NON-CURRENT ASSETS | $5.9B |
| TOTAL ASSETS | $8.0B |
| Account Payables | $838M |
| Short-Term Debt | $82M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $281M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $507M |
| Other Non-Current Liabilities | $568M |
| TOTAL NON-CURRENT LIABILITIES | $3.9B |
| TOTAL LIABILITIES | $5.5B |
| Common Stock | $132M |
| Additional Paid-In Capital | $683M |
| Retained Earnings | $2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$496M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $8.0B |
| Total Debt | $2.9B |
| Net Debt | $2.8B |
