| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $476M | $470M | $328M | 1.3% | 45.3% |
| Op. Income | $124M | $88M | $51M | 40.9% | 143.8% |
| Gross Margin | 55.9% | 54.0% | 52.1% | 1.9pp | 3.8pp |
| Net Margin | 17.4% | 13.8% | 5.8% | 3.6pp | 11.6pp |
| EPS (Diluted) | $2.04 | $1.59 | $0.48 | 28.3% | 325.0% |
| Free Cash Flow | $120M | $114M | $99M | 5.4% | 20.9% |
| Item | Amount |
|---|---|
| REVENUE | $476M |
| Cost of Revenue | $210M |
| GROSS PROFIT | $266M |
| R&D Expenses | $94M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $48M |
| Operating Expenses | $142M |
| Cost & Expenses | $352M |
| OPERATING INCOME | $124M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $115M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $83M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $38M |
| EBIT | $125M |
| EBITDA | $163M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $476M |
| Cost of Revenue | $210M |
| GROSS PROFIT | $266M |
| R&D Expenses | $94M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $48M |
| Operating Expenses | $142M |
| Cost & Expenses | $352M |
| OPERATING INCOME | $124M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $115M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $83M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $38M |
| EBIT | $125M |
| EBITDA | $163M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $83M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $154M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | $4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | -$30M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $120M |
| Net Change in Cash | $134M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $824M |
| Short-Term Investments | $52M |
| Net Receivables | $323M |
| Inventory | $170M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $124M |
| Goodwill | $807M |
| Intangible Assets | $390M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $130M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $142M |
| Short-Term Debt | $6M |
| Deferred Revenue | $89M |
| Other Current Liabilities | $91M |
| TOTAL CURRENT LIABILITIES | $463M |
| Long-Term Debt | $976M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $53M |
| Other Non-Current Liabilities | $49M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $924M |
| Retained Earnings | $1.0B |
| Treasury Stock | -$695M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $1.0B |
| Net Debt | $217M |
