| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $981M | $889M | $814M | 10.4% | 20.5% |
| Op. Income | $50M | $36M | $36M | 38.3% | 36.3% |
| Gross Margin | 9.5% | 8.6% | 9.1% | 0.9pp | 0.4pp |
| Net Margin | 3.8% | 3.0% | 3.4% | 0.8pp | 0.4pp |
| EPS (Diluted) | $1.33 | $0.95 | $0.95 | 40.0% | 40.0% |
| Free Cash Flow | -$42M | $53M | $31M | -178.7% | -233.8% |
| Item | Amount |
|---|---|
| REVENUE | $981M |
| Cost of Revenue | $888M |
| GROSS PROFIT | $94M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $44M |
| Other Expenses | $0 |
| Operating Expenses | $44M |
| Cost & Expenses | $932M |
| OPERATING INCOME | $50M |
| Interest Income | $318.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $16M |
| EBIT | $47M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $981M |
| Cost of Revenue | $888M |
| GROSS PROFIT | $94M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $44M |
| Other Expenses | $0 |
| Operating Expenses | $44M |
| Cost & Expenses | $932M |
| OPERATING INCOME | $50M |
| Interest Income | $318.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $16M |
| EBIT | $47M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $599.0K |
| Change in Working Capital | -$82M |
| OPERATING CASH FLOW | -$21M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$28.0K |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | $27M |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$898.0K |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | -$42M |
| Net Change in Cash | -$31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $277M |
| Short-Term Investments | $0 |
| Net Receivables | $742M |
| Inventory | $1.6B |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $494M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $27M |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $550M |
| TOTAL ASSETS | $3.2B |
| Account Payables | $853M |
| Short-Term Debt | $250M |
| Deferred Revenue | $391M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $185M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $62M |
| TOTAL NON-CURRENT LIABILITIES | $286M |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $541.0K |
| Additional Paid-In Capital | $647M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $467M |
| Net Debt | $190M |
