| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.8B | $1.8B | -5.8% | -2.4% |
| Op. Income | $174M | $239M | $200M | -27.2% | -12.9% |
| Gross Margin | 41.6% | 43.0% | 42.0% | -1.3pp | -0.4pp |
| Net Margin | 8.5% | 9.1% | 9.5% | -0.5pp | -0.9pp |
| EPS (Diluted) | $1.37 | $1.53 | $1.51 | -10.5% | -9.3% |
| Free Cash Flow | $190M | $166M | $133M | 14.3% | 42.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $719M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $545M |
| Other Expenses | $0 |
| Operating Expenses | $545M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $174M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $29M |
| INCOME BEFORE TAX | $203M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $148M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $148M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $148M |
| D&A | $13M |
| EBIT | $174M |
| EBITDA | $187M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $719M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $545M |
| Other Expenses | $0 |
| Operating Expenses | $545M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $174M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $29M |
| INCOME BEFORE TAX | $203M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $148M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $148M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $148M |
| D&A | $13M |
| EBIT | $174M |
| EBITDA | $187M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $148M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | -$24M |
| Change in Working Capital | $36M |
| OPERATING CASH FLOW | $202M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$19M |
| NET CASH FROM INVESTING | -$44M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$62M |
| Common Dividends Paid | -$47M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$109M |
| FREE CASH FLOW | $190M |
| Net Change in Cash | $65M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $659M |
| Short-Term Investments | $0 |
| Net Receivables | $1.0B |
| Inventory | $0 |
| Other Current Assets | $483M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $312M |
| Goodwill | $238M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $125M |
| Other Non-Current Assets | $56M |
| TOTAL NON-CURRENT ASSETS | $735M |
| TOTAL ASSETS | $3.0B |
| Account Payables | $146M |
| Short-Term Debt | $86M |
| Deferred Revenue | $22M |
| Other Current Liabilities | $34M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $152M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$124M |
| TOTAL NON-CURRENT LIABILITIES | $180M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $108.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $319M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$44M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $390M |
| Net Debt | -$269M |
