| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $741M | $712M | $1.0B | 4.1% | -27.9% |
| Op. Income | $151M | $120M | $307M | 25.7% | -50.8% |
| Gross Margin | 46.7% | 49.3% | 53.1% | -2.6pp | -6.4pp |
| Net Margin | 18.6% | 9.8% | 18.5% | 8.8pp | 0.1pp |
| EPS (Diluted) | $1.09 | $0.55 | $1.50 | 98.1% | -27.5% |
| Free Cash Flow | $113M | $147M | $303M | -23.1% | -62.7% |
| Item | Amount |
|---|---|
| REVENUE | $741M |
| Cost of Revenue | $395M |
| GROSS PROFIT | $346M |
| R&D Expenses | $55M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $141M |
| Other Expenses | $0 |
| Operating Expenses | $195M |
| Cost & Expenses | $590M |
| OPERATING INCOME | $151M |
| Interest Income | $2M |
| Interest Expense | $23M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $107M |
| Net Income from Discontinued Ops | $30M |
| Other Adjustments | $0 |
| NET INCOME | $138M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $138M |
| D&A | $104M |
| EBIT | $161M |
| EBITDA | $265M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $741M |
| Cost of Revenue | $395M |
| GROSS PROFIT | $346M |
| R&D Expenses | $55M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $141M |
| Other Expenses | $0 |
| Operating Expenses | $195M |
| Cost & Expenses | $590M |
| OPERATING INCOME | $151M |
| Interest Income | $2M |
| Interest Expense | $23M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $107M |
| Net Income from Discontinued Ops | $30M |
| Other Adjustments | $0 |
| NET INCOME | $138M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $138M |
| D&A | $104M |
| EBIT | $161M |
| EBITDA | $265M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $97M |
| Depreciation & Amortization | $104M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$124M |
| Change in Working Capital | $49M |
| OPERATING CASH FLOW | $139M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $9M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | -$51M |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$5.0K |
| NET CASH FROM FINANCING | -$77M |
| FREE CASH FLOW | $113M |
| Net Change in Cash | $54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $454M |
| Short-Term Investments | $0 |
| Net Receivables | $613M |
| Inventory | $405M |
| Other Current Assets | $1.8B |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $671M |
| Goodwill | $6.5B |
| Intangible Assets | $3.4B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $311M |
| TOTAL NON-CURRENT ASSETS | $10.8B |
| TOTAL ASSETS | $14.1B |
| Account Payables | $273M |
| Short-Term Debt | $471M |
| Deferred Revenue | $136M |
| Other Current Liabilities | $325M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.1B |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $5.2B |
| TOTAL LIABILITIES | $6.7B |
| Common Stock | $126M |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | $5.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$447M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.4B |
| TOTAL LIABILITIES & EQUITY | $14.1B |
| Total Debt | $4.6B |
| Net Debt | $4.1B |
