| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $952M | $895M | $885M | 6.4% | 7.7% |
| Op. Income | $108M | $53M | $139M | 104.7% | -22.4% |
| Gross Margin | 12.8% | 7.3% | 17.1% | 5.5pp | -4.3pp |
| Net Margin | 9.1% | 4.8% | 11.2% | 4.3pp | -2.1pp |
| EPS (Diluted) | $1.38 | $0.66 | $1.59 | 109.1% | -13.2% |
| Free Cash Flow | $313M | $234M | $221M | 33.5% | 41.4% |
| Item | Amount |
|---|---|
| REVENUE | $952M |
| Cost of Revenue | $830M |
| GROSS PROFIT | $122M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $7M |
| Operating Expenses | $14M |
| Cost & Expenses | $845M |
| OPERATING INCOME | $108M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $108M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $84M |
| D&A | $8M |
| EBIT | $115M |
| EBITDA | $123M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $952M |
| Cost of Revenue | $830M |
| GROSS PROFIT | $122M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $7M |
| Operating Expenses | $14M |
| Cost & Expenses | $845M |
| OPERATING INCOME | $108M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $108M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $84M |
| D&A | $8M |
| EBIT | $115M |
| EBITDA | $123M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $87M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $221M |
| OPERATING CASH FLOW | $317M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.9B |
| Sales/Maturities of Investments | $1.6B |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$284M |
| Net Debt Issuance | -$619.0K |
| Common Stock Repurchased | -$263.0K |
| Common Dividends Paid | -$20M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | $313M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26.0K |
| Short-Term Investments | $7.1B |
| Net Receivables | $1.9B |
| Inventory | $0 |
| Other Current Assets | -$9.1B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $84M |
| Goodwill | $8M |
| Intangible Assets | $0 |
| Long-Term Investments | $7.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$7.3B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $10.8B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$115M |
| 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 | $8.3B |
| Common Stock | $210M |
| Additional Paid-In Capital | $493M |
| Retained Earnings | $2.7B |
| Treasury Stock | -$627M |
| Accum. Other Comp. Income | -$498M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $10.8B |
| Total Debt | $505M |
| Net Debt | $505M |
