| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.2B | $1.3B | 14.1% | 7.3% |
| Op. Income | $388M | $326M | $328M | 19.1% | 18.5% |
| Gross Margin | 47.5% | 47.3% | 46.8% | 0.2pp | 0.7pp |
| Net Margin | 21.5% | 21.7% | 24.9% | -0.2pp | -3.4pp |
| EPS (Diluted) | $1.88 | $1.66 | $1.95 | 13.3% | -3.6% |
| Free Cash Flow | $91M | $87M | $129M | 4.6% | -29.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $738M |
| GROSS PROFIT | $669M |
| R&D Expenses | $150M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $88M |
| Other Expenses | $43M |
| Operating Expenses | $281M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $388M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $372M |
| Income Tax Expense | $70M |
| Net Income from Continuing Ops | $302M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $302M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $302M |
| D&A | $181M |
| EBIT | $387M |
| EBITDA | $568M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $738M |
| GROSS PROFIT | $669M |
| R&D Expenses | $150M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $88M |
| Other Expenses | $43M |
| Operating Expenses | $281M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $388M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $372M |
| Income Tax Expense | $70M |
| Net Income from Continuing Ops | $302M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $302M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $302M |
| D&A | $181M |
| EBIT | $387M |
| EBITDA | $568M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $302M |
| Depreciation & Amortization | $181M |
| Stock-Based Compensation | $37M |
| Deferred Income Tax | $38M |
| Other Non-Cash Items | $25M |
| Change in Working Capital | -$348M |
| OPERATING CASH FLOW | $236M |
| Capital Expenditure | -$146M |
| Acquisitions (Net) | $100.0K |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $100.0K |
| NET CASH FROM INVESTING | -$147M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$84M |
| Common Dividends Paid | -$99M |
| Other Financing Activities | $17M |
| NET CASH FROM FINANCING | -$166M |
| FREE CASH FLOW | $91M |
| Net Change in Cash | -$77M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $566M |
| Short-Term Investments | $20M |
| Net Receivables | $1.1B |
| Inventory | $1.2B |
| Other Current Assets | $95M |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $1.8B |
| Goodwill | $2.2B |
| Intangible Assets | $1.4B |
| Long-Term Investments | $500.0K |
| Tax Assets | $53M |
| Other Non-Current Assets | $142M |
| TOTAL NON-CURRENT ASSETS | $5.6B |
| TOTAL ASSETS | $8.9B |
| Account Payables | $274M |
| Short-Term Debt | $499M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $159M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $281M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $40M |
| Additional Paid-In Capital | $12M |
| Retained Earnings | $5.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.5B |
| TOTAL LIABILITIES & EQUITY | $8.9B |
| Total Debt | $2.4B |
| Net Debt | $1.8B |
