| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $962M | $961M | $990M | 0.1% | -2.8% |
| Op. Income | $39M | $99M | $111M | -60.5% | -64.7% |
| Gross Margin | 50.1% | 51.0% | 50.7% | -0.9pp | -0.7pp |
| Net Margin | 2.2% | 4.8% | 6.9% | -2.6pp | -4.7pp |
| EPS (Diluted) | $0.20 | $0.43 | $0.59 | -53.5% | -66.1% |
| Free Cash Flow | $75M | $29M | $135M | 160.6% | -44.3% |
| Item | Amount |
|---|---|
| REVENUE | $962M |
| Cost of Revenue | $481M |
| GROSS PROFIT | $482M |
| R&D Expenses | $0 |
| Selling & Marketing | $70M |
| General & Administrative | $319M |
| SG&A Expenses | $389M |
| Other Expenses | $54M |
| Operating Expenses | $443M |
| Cost & Expenses | $923M |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $427.0K |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $27M |
| EBIT | $89M |
| EBITDA | $115M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $962M |
| Cost of Revenue | $481M |
| GROSS PROFIT | $482M |
| R&D Expenses | $0 |
| Selling & Marketing | $70M |
| General & Administrative | $319M |
| SG&A Expenses | $389M |
| Other Expenses | $54M |
| Operating Expenses | $443M |
| Cost & Expenses | $923M |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $427.0K |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $27M |
| EBIT | $89M |
| EBITDA | $115M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$25M |
| Other Non-Cash Items | $26M |
| Change in Working Capital | $57M |
| OPERATING CASH FLOW | $107M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | -$100M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $61.0K |
| NET CASH FROM FINANCING | -$100M |
| FREE CASH FLOW | $75M |
| Net Change in Cash | -$31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $71M |
| Short-Term Investments | $0 |
| Net Receivables | $72M |
| Inventory | $936M |
| Other Current Assets | $53M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $830M |
| Goodwill | $526M |
| Intangible Assets | $50M |
| Long-Term Investments | $4M |
| Tax Assets | $85M |
| Other Non-Current Assets | -$51M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $276M |
| Short-Term Debt | $69M |
| Deferred Revenue | $19M |
| Other Current Liabilities | $84M |
| TOTAL CURRENT LIABILITIES | $668M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $85M |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $4M |
| Retained Earnings | $440M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$152M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $294M |
| Minority Interest | $0 |
| TOTAL EQUITY | $294M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $1.7B |
| Net Debt | $1.7B |
