| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $772M | $869M | $903M | -11.1% | -14.4% |
| Op. Income | $116M | $176M | $219M | -34.0% | -47.0% |
| Gross Margin | 47.8% | 48.4% | 50.5% | -0.6pp | -2.6pp |
| Net Margin | 13.8% | 11.4% | 16.3% | 2.5pp | -2.5pp |
| EPS (Diluted) | $4.21 | $3.78 | $4.91 | 11.4% | -14.3% |
| Free Cash Flow | $4M | $96M | $97M | -96.2% | -96.2% |
| Item | Amount |
|---|---|
| REVENUE | $772M |
| Cost of Revenue | $403M |
| GROSS PROFIT | $369M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $253M |
| Other Expenses | $0 |
| Operating Expenses | $253M |
| Cost & Expenses | $656M |
| OPERATING INCOME | $116M |
| Interest Income | $18M |
| Interest Expense | $53M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | -$20M |
| Net Income from Continuing Ops | $107M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $107M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $107M |
| D&A | $48M |
| EBIT | $135M |
| EBITDA | $184M |
| EPS | $5 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $772M |
| Cost of Revenue | $403M |
| GROSS PROFIT | $369M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $253M |
| Other Expenses | $0 |
| Operating Expenses | $253M |
| Cost & Expenses | $656M |
| OPERATING INCOME | $116M |
| Interest Income | $18M |
| Interest Expense | $53M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | -$20M |
| Net Income from Continuing Ops | $107M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $107M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $107M |
| D&A | $48M |
| EBIT | $135M |
| EBITDA | $184M |
| EPS | $5 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $107M |
| Depreciation & Amortization | $48M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$98M |
| Other Non-Cash Items | $26M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $68M |
| Capital Expenditure | -$64M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$400.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$64M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | -$714M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$391M |
| NET CASH FROM FINANCING | -$647M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$643M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $0 |
| Net Receivables | $96M |
| Inventory | $823M |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $2.2B |
| Goodwill | $141M |
| Intangible Assets | $75M |
| Long-Term Investments | $101M |
| Tax Assets | $167M |
| Other Non-Current Assets | $130M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $166M |
| Short-Term Debt | $125M |
| Deferred Revenue | $326M |
| Other Current Liabilities | $192M |
| TOTAL CURRENT LIABILITIES | $886M |
| 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 | $247M |
| Retained Earnings | $540M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $785M |
| Minority Interest | $0 |
| TOTAL EQUITY | $785M |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $3.7B |
| Net Debt | $2.2B |
