| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $597M | $564M | $451M | 5.9% | 32.4% |
| Op. Income | $121M | $77M | $99M | 57.2% | 23.0% |
| Gross Margin | 84.2% | 84.6% | 84.5% | -0.3pp | -0.3pp |
| Net Margin | 11.7% | 6.9% | 14.9% | 4.8pp | -3.1pp |
| EPS (Diluted) | $1.45 | $0.80 | $1.35 | 81.2% | 7.4% |
| Free Cash Flow | $41M | $73M | $109M | -43.8% | -62.0% |
| Item | Amount |
|---|---|
| REVENUE | $597M |
| Cost of Revenue | $94M |
| GROSS PROFIT | $503M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $162M |
| SG&A Expenses | $162M |
| Other Expenses | $220M |
| Operating Expenses | $382M |
| Cost & Expenses | $476M |
| OPERATING INCOME | $121M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $91M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $49M |
| EBIT | $120M |
| EBITDA | $169M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $597M |
| Cost of Revenue | $94M |
| GROSS PROFIT | $503M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $162M |
| SG&A Expenses | $162M |
| Other Expenses | $220M |
| Operating Expenses | $382M |
| Cost & Expenses | $476M |
| OPERATING INCOME | $121M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $91M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $49M |
| EBIT | $120M |
| EBITDA | $169M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $70M |
| Depreciation & Amortization | $49M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$49M |
| OPERATING CASH FLOW | $92M |
| Capital Expenditure | -$51M |
| Acquisitions (Net) | $400.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $400.0K |
| NET CASH FROM INVESTING | -$51M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$128M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $100.0K |
| NET CASH FROM FINANCING | -$132M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | -$90M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $92M |
| Short-Term Investments | $0 |
| Net Receivables | $41M |
| Inventory | $48M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $208M |
| PP&E (Net) | $2.5B |
| Goodwill | $742M |
| Intangible Assets | $178M |
| Long-Term Investments | $0 |
| Tax Assets | $400.0K |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $64M |
| Short-Term Debt | $9M |
| Deferred Revenue | $147M |
| Other Current Liabilities | $32M |
| TOTAL CURRENT LIABILITIES | $410M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $78M |
| Other Non-Current Liabilities | $43M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $600.0K |
| Additional Paid-In Capital | $584M |
| Retained Earnings | $542M |
| Treasury Stock | -$767M |
| Accum. Other Comp. Income | -$900.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $360M |
| Minority Interest | $0 |
| TOTAL EQUITY | $360M |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $2.9B |
| Net Debt | $2.8B |
