| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.3B | $1.1B | -7.7% | 10.4% |
| Op. Income | $326M | $367M | $340M | -11.3% | -4.1% |
| Gross Margin | 47.3% | 47.7% | 50.0% | -0.4pp | -2.7pp |
| Net Margin | 21.7% | 22.9% | 30.3% | -1.2pp | -8.6pp |
| EPS (Diluted) | $1.66 | $1.86 | $2.02 | -10.8% | -17.8% |
| Free Cash Flow | $87M | $258M | $156M | -66.5% | -44.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $649M |
| GROSS PROFIT | $583M |
| R&D Expenses | $157M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $77M |
| Other Expenses | $24M |
| Operating Expenses | $258M |
| Cost & Expenses | $907M |
| OPERATING INCOME | $326M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $314M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $267M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $267M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $267M |
| D&A | $163M |
| EBIT | $325M |
| EBITDA | $488M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $649M |
| GROSS PROFIT | $583M |
| R&D Expenses | $157M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $77M |
| Other Expenses | $24M |
| Operating Expenses | $258M |
| Cost & Expenses | $907M |
| OPERATING INCOME | $326M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $314M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $267M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $267M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $267M |
| D&A | $163M |
| EBIT | $325M |
| EBITDA | $488M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $267M |
| Depreciation & Amortization | $163M |
| Stock-Based Compensation | $52M |
| Deferred Income Tax | $24M |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | -$287M |
| OPERATING CASH FLOW | $214M |
| Capital Expenditure | -$127M |
| Acquisitions (Net) | $8M |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $116M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$121M |
| Common Dividends Paid | -$90M |
| Other Financing Activities | $700.0K |
| NET CASH FROM FINANCING | -$210M |
| FREE CASH FLOW | $87M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $643M |
| Short-Term Investments | $16M |
| Net Receivables | $786M |
| Inventory | $1.1B |
| Other Current Assets | $361M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $1.8B |
| Goodwill | $2.2B |
| Intangible Assets | $1.5B |
| Long-Term Investments | $3M |
| Tax Assets | $102M |
| Other Non-Current Assets | $148M |
| TOTAL NON-CURRENT ASSETS | $5.8B |
| TOTAL ASSETS | $8.7B |
| Account Payables | $320M |
| Short-Term Debt | $499M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $145M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $295M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $40M |
| Additional Paid-In Capital | $268M |
| Retained Earnings | $5.9B |
| Treasury Stock | -$893M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.3B |
| TOTAL LIABILITIES & EQUITY | $8.7B |
| Total Debt | $2.4B |
| Net Debt | $1.8B |
