| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $981M | $892M | 4.1% | 14.5% |
| Op. Income | $61M | $59M | $53M | 2.8% | 14.8% |
| Gross Margin | 21.4% | 22.1% | 22.8% | -0.8pp | -1.4pp |
| Net Margin | 3.8% | 3.5% | 4.0% | 0.3pp | -0.2pp |
| EPS (Diluted) | $0.21 | $0.19 | $0.20 | 10.5% | 5.0% |
| Free Cash Flow | $80M | $100M | $46M | -19.6% | 73.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $803M |
| GROSS PROFIT | $218M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $142M |
| Other Expenses | $15M |
| Operating Expenses | $157M |
| Cost & Expenses | $960M |
| OPERATING INCOME | $61M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $13M |
| 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 | $16M |
| EBIT | $66M |
| EBITDA | $83M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $803M |
| GROSS PROFIT | $218M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $142M |
| Other Expenses | $15M |
| Operating Expenses | $157M |
| Cost & Expenses | $960M |
| OPERATING INCOME | $61M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $13M |
| 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 | $16M |
| EBIT | $66M |
| EBITDA | $83M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $87M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$27M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $258.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $80M |
| Net Change in Cash | $51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $255M |
| Short-Term Investments | $0 |
| Net Receivables | $365M |
| Inventory | $236M |
| Other Current Assets | $95M |
| TOTAL CURRENT ASSETS | $952M |
| PP&E (Net) | $169M |
| Goodwill | $1.5B |
| Intangible Assets | $373M |
| Long-Term Investments | $43M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $410M |
| Short-Term Debt | $25M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $94M |
| TOTAL CURRENT LIABILITIES | $587M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $18.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $143M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | $25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $1.2B |
| Net Debt | $900M |
