| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.1B | $990M | 8.7% | 23.0% |
| Op. Income | $121M | $121M | $70M | 0.0% | 73.1% |
| Gross Margin | 19.3% | 21.2% | 17.4% | -1.8pp | 2.0pp |
| Net Margin | 7.6% | 7.3% | 5.9% | 0.3pp | 1.6pp |
| EPS (Diluted) | $1.34 | $1.20 | $0.82 | 11.7% | 63.4% |
| Free Cash Flow | $126M | $53M | -$59M | 137.7% | 315.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $982M |
| GROSS PROFIT | $235M |
| R&D Expenses | $56M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $57M |
| Other Expenses | $1M |
| Operating Expenses | $115M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $121M |
| Interest Income | $700.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $106M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $92M |
| Net Income from Discontinued Ops | $200.0K |
| Other Adjustments | $0 |
| NET INCOME | $92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $92M |
| D&A | $12M |
| EBIT | $119M |
| EBITDA | $131M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $982M |
| GROSS PROFIT | $235M |
| R&D Expenses | $56M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $57M |
| Other Expenses | $1M |
| Operating Expenses | $115M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $121M |
| Interest Income | $700.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $106M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $92M |
| Net Income from Discontinued Ops | $200.0K |
| Other Adjustments | $0 |
| NET INCOME | $92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $92M |
| D&A | $12M |
| EBIT | $119M |
| EBITDA | $131M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $92M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $53M |
| OPERATING CASH FLOW | $157M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | $50M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$49M |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | -$54M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$700.0K |
| NET CASH FROM FINANCING | -$68M |
| FREE CASH FLOW | $126M |
| Net Change in Cash | $72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $304M |
| Short-Term Investments | $0 |
| Net Receivables | $548M |
| Inventory | $988M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $466M |
| Goodwill | $284M |
| Intangible Assets | $17M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $389M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $625M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $240M |
| TOTAL CURRENT LIABILITIES | $999M |
| Long-Term Debt | $769M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $102M |
| TOTAL NON-CURRENT LIABILITIES | $938M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $900.0K |
| Additional Paid-In Capital | $882M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$560M |
| Accum. Other Comp. Income | -$342M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $865M |
| Net Debt | $561M |
