| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $809M | 1.0% | 49.5% |
| Op. Income | $203M | $117M | $147M | 74.2% | 38.0% |
| Gross Margin | 44.5% | 40.1% | 42.8% | 4.4pp | 1.8pp |
| Net Margin | 11.9% | 5.8% | 14.2% | 6.0pp | -2.3pp |
| EPS (Diluted) | $1.42 | $0.69 | $1.33 | 105.8% | 6.8% |
| Free Cash Flow | $163M | $94M | $152M | 72.9% | 7.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $671M |
| GROSS PROFIT | $538M |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $311M |
| Other Expenses | -$207.0K |
| Operating Expenses | $335M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $203M |
| Interest Income | $2M |
| Interest Expense | $23M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $182M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $143M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $144M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $144M |
| D&A | $118M |
| EBIT | $205M |
| EBITDA | $323M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $671M |
| GROSS PROFIT | $538M |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $311M |
| Other Expenses | -$207.0K |
| Operating Expenses | $335M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $203M |
| Interest Income | $2M |
| Interest Expense | $23M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $182M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $143M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $144M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $144M |
| D&A | $118M |
| EBIT | $205M |
| EBITDA | $323M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $143M |
| Depreciation & Amortization | $118M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $12.0K |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $244M |
| Capital Expenditure | -$81M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$80M |
| Net Debt Issuance | -$139M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$43M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$189M |
| FREE CASH FLOW | $163M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $359M |
| Short-Term Investments | $0 |
| Net Receivables | $752M |
| Inventory | $595M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $1.7B |
| Goodwill | $5.1B |
| Intangible Assets | $2.9B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $56M |
| TOTAL NON-CURRENT ASSETS | $9.8B |
| TOTAL ASSETS | $11.7B |
| Account Payables | $207M |
| Short-Term Debt | $128M |
| Deferred Revenue | $106M |
| Other Current Liabilities | $333M |
| TOTAL CURRENT LIABILITIES | $904M |
| Long-Term Debt | $3.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $752M |
| Other Non-Current Liabilities | $75M |
| TOTAL NON-CURRENT LIABILITIES | $4.2B |
| TOTAL LIABILITIES | $5.1B |
| Common Stock | $4.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$137M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.6B |
| Minority Interest | $12M |
| TOTAL EQUITY | $6.6B |
| TOTAL LIABILITIES & EQUITY | $11.7B |
| Total Debt | $3.5B |
| Net Debt | $3.1B |
