| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $2.0B | $1.7B | -2.6% | 17.1% |
| Op. Income | $257M | $234M | $197M | 9.6% | 30.2% |
| Gross Margin | 38.5% | 37.2% | 37.2% | 1.3pp | 1.4pp |
| Net Margin | 8.7% | 10.0% | 8.2% | -1.3pp | 0.6pp |
| EPS (Diluted) | $1.32 | $1.54 | $1.04 | -14.3% | 26.9% |
| Free Cash Flow | -$34M | -$47M | $24M | 27.4% | -241.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $744M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $477M |
| Other Expenses | $10M |
| Operating Expenses | $488M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $257M |
| Interest Income | $2M |
| Interest Expense | $27M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $225M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $169M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $169M |
| Net Income Deductions | -$4.0K |
| BOTTOM LINE NET INCOME | $168M |
| D&A | $38M |
| EBIT | $252M |
| EBITDA | $290M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $744M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $477M |
| Other Expenses | $10M |
| Operating Expenses | $488M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $257M |
| Interest Income | $2M |
| Interest Expense | $27M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $225M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $169M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $169M |
| Net Income Deductions | -$4.0K |
| BOTTOM LINE NET INCOME | $168M |
| D&A | $38M |
| EBIT | $252M |
| EBITDA | $290M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $169M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$198M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$58M |
| Acquisitions (Net) | -$36M |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $80.0K |
| NET CASH FROM INVESTING | -$96M |
| Net Debt Issuance | $175M |
| Common Stock Repurchased | -$37M |
| Common Dividends Paid | -$51M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $80M |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $198M |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $1.3B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $1.4B |
| Goodwill | $1.3B |
| Intangible Assets | $586M |
| Long-Term Investments | $0 |
| Tax Assets | $16M |
| Other Non-Current Assets | $184M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $6.8B |
| Account Payables | $786M |
| Short-Term Debt | $303M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $166M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $81M |
| Other Non-Current Liabilities | $286M |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $2.3B |
| Treasury Stock | -$754M |
| Accum. Other Comp. Income | -$613M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $2M |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $3.1B |
| Net Debt | $2.9B |
