| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.2B | $1.9B | 2.9% | 16.6% |
| Op. Income | $131M | $166M | $29M | -21.3% | 346.4% |
| Gross Margin | 14.7% | 15.2% | 10.3% | -0.5pp | 4.4pp |
| Net Margin | 3.9% | 4.1% | -0.1% | -0.2pp | 4.0pp |
| EPS (Diluted) | $1.34 | $1.14 | $-0.02 | 17.5% | 6450.7% |
| Free Cash Flow | -$32M | $349M | $301M | -109.1% | -110.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $334M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $199M |
| Other Expenses | $4M |
| Operating Expenses | $203M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $131M |
| Interest Income | $6M |
| Interest Expense | $13M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $123M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $89M |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $31M |
| EBIT | $143M |
| EBITDA | $173M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $334M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $199M |
| Other Expenses | $4M |
| Operating Expenses | $203M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $131M |
| Interest Income | $6M |
| Interest Expense | $13M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $123M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $89M |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $31M |
| EBIT | $143M |
| EBITDA | $173M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $89M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$26M |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$37M |
| OPERATING CASH FLOW | $80M |
| Capital Expenditure | -$112M |
| Acquisitions (Net) | -$165M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$800.0K |
| NET CASH FROM INVESTING | -$277M |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | -$27M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$71M |
| FREE CASH FLOW | -$32M |
| Net Change in Cash | -$267M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $539M |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $1.9B |
| Other Current Assets | $87M |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $872M |
| Goodwill | $1.1B |
| Intangible Assets | $536M |
| Long-Term Investments | $0 |
| Tax Assets | $153M |
| Other Non-Current Assets | $813M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $1.1B |
| Short-Term Debt | $2M |
| Deferred Revenue | $689M |
| Other Current Liabilities | $379M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $595M |
| Deferred Revenue NC | $1.1B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $505M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $808M |
| Retained Earnings | $3.4B |
| Treasury Stock | -$855M |
| Accum. Other Comp. Income | -$83M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $597M |
| Net Debt | $59M |
