| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $895M | $865M | $865M | 3.5% | 3.5% |
| Op. Income | $53M | $50M | $93M | 5.5% | -43.2% |
| Gross Margin | 7.3% | 7.5% | 12.0% | -0.2pp | -4.7pp |
| Net Margin | 4.8% | 4.6% | 8.5% | 0.2pp | -3.8pp |
| EPS (Diluted) | $0.66 | $0.61 | $1.18 | 8.2% | -44.1% |
| Free Cash Flow | $234M | $144M | $245M | 62.3% | -4.5% |
| Item | Amount |
|---|---|
| REVENUE | $895M |
| Cost of Revenue | $830M |
| GROSS PROFIT | $65M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $7M |
| Operating Expenses | $13M |
| Cost & Expenses | $842M |
| OPERATING INCOME | $53M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $12M |
| EBIT | $60M |
| EBITDA | $72M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $895M |
| Cost of Revenue | $830M |
| GROSS PROFIT | $65M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $7M |
| Operating Expenses | $13M |
| Cost & Expenses | $842M |
| OPERATING INCOME | $53M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $12M |
| EBIT | $60M |
| EBITDA | $72M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $74M |
| Change in Working Capital | $110M |
| OPERATING CASH FLOW | $242M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.8B |
| Sales/Maturities of Investments | $1.6B |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$216M |
| Net Debt Issuance | -$36M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | $36M |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $234M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $538.0K |
| Short-Term Investments | $6.7B |
| Net Receivables | $1.9B |
| Inventory | $0 |
| Other Current Assets | -$8.8B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $85M |
| Goodwill | $8M |
| Intangible Assets | $0 |
| Long-Term Investments | $7.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$7.1B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $10.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$112M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $501M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$505M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $8.1B |
| Common Stock | $210M |
| Additional Paid-In Capital | $486M |
| Retained Earnings | $2.7B |
| Treasury Stock | -$627M |
| Accum. Other Comp. Income | -$525M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $10.5B |
| Total Debt | $505M |
| Net Debt | $505M |
