| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.0B | $916M | -1.1% | 10.9% |
| Op. Income | $67M | $68M | $52M | -2.3% | 27.5% |
| Gross Margin | 22.5% | 22.5% | 21.9% | 0.0pp | 0.6pp |
| Net Margin | 3.9% | 4.6% | 3.3% | -0.8pp | 0.6pp |
| EPS (Diluted) | $0.21 | $0.26 | $0.17 | -19.2% | 23.5% |
| Free Cash Flow | $84M | $25M | $27M | 233.2% | 207.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $787M |
| GROSS PROFIT | $229M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $148M |
| Other Expenses | $15M |
| Operating Expenses | $162M |
| Cost & Expenses | $949M |
| OPERATING INCOME | $67M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $15M |
| EBIT | $68M |
| EBITDA | $83M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $787M |
| GROSS PROFIT | $229M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $148M |
| Other Expenses | $15M |
| Operating Expenses | $162M |
| Cost & Expenses | $949M |
| OPERATING INCOME | $67M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $15M |
| EBIT | $68M |
| EBITDA | $83M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $90M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$75M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$80M |
| FREE CASH FLOW | $84M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $298M |
| Short-Term Investments | $0 |
| Net Receivables | $395M |
| Inventory | $250M |
| Other Current Assets | $87M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $106M |
| Goodwill | $1.5B |
| Intangible Assets | $356M |
| Long-Term Investments | $32M |
| Tax Assets | $31M |
| Other Non-Current Assets | $43M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $449M |
| Short-Term Debt | $25M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $77M |
| TOTAL CURRENT LIABILITIES | $619M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $31M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $18.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $230M |
| Treasury Stock | -$78M |
| Accum. Other Comp. Income | $18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $1.2B |
| Net Debt | $874M |
