| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $739M | $772M | $957M | -4.3% | -22.8% |
| Op. Income | $105M | $116M | $210M | -9.3% | -49.9% |
| Gross Margin | 47.0% | 47.8% | 52.1% | -0.8pp | -5.1pp |
| Net Margin | 5.7% | 13.8% | 21.0% | -8.2pp | -15.3pp |
| EPS (Diluted) | $1.76 | $4.21 | $7.22 | -58.2% | -75.6% |
| Free Cash Flow | $53M | $4M | $107M | 1320.6% | -50.7% |
| Item | Amount |
|---|---|
| REVENUE | $739M |
| Cost of Revenue | $392M |
| GROSS PROFIT | $348M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $242M |
| Other Expenses | $0 |
| Operating Expenses | $242M |
| Cost & Expenses | $634M |
| OPERATING INCOME | $105M |
| Interest Income | $17M |
| Interest Expense | $56M |
| Other Income/Expenses | -$47M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $48M |
| EBIT | $117M |
| EBITDA | $164M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $739M |
| Cost of Revenue | $392M |
| GROSS PROFIT | $348M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $242M |
| Other Expenses | $0 |
| Operating Expenses | $242M |
| Cost & Expenses | $634M |
| OPERATING INCOME | $105M |
| Interest Income | $17M |
| Interest Expense | $56M |
| Other Income/Expenses | -$47M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $48M |
| EBIT | $117M |
| EBITDA | $164M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $48M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $17M |
| Other Non-Cash Items | $25M |
| Change in Working Capital | -$44M |
| OPERATING CASH FLOW | $87M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$33M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$67M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$96.0K |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $53M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $0 |
| Net Receivables | $92M |
| Inventory | $786M |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $2.2B |
| Goodwill | $141M |
| Intangible Assets | $75M |
| Long-Term Investments | $133M |
| Tax Assets | $151M |
| Other Non-Current Assets | $138M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $157M |
| Short-Term Debt | $125M |
| Deferred Revenue | $345M |
| Other Current Liabilities | $174M |
| TOTAL CURRENT LIABILITIES | $852M |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $258M |
| Retained Earnings | $582M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$108.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $839M |
| Minority Interest | $0 |
| TOTAL EQUITY | $839M |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $3.7B |
| Net Debt | $2.2B |
