| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $452M | $473M | $434M | -4.4% | 4.3% |
| Op. Income | $42M | $61M | $49M | -32.1% | -15.0% |
| Gross Margin | 38.7% | 40.1% | 40.0% | -1.3pp | -1.2pp |
| Net Margin | 6.9% | 11.2% | 12.6% | -4.4pp | -5.8pp |
| EPS (Diluted) | $0.73 | $1.26 | $1.29 | -42.1% | -43.4% |
| Free Cash Flow | $115M | $116M | $95M | -0.8% | 20.6% |
| Item | Amount |
|---|---|
| REVENUE | $452M |
| Cost of Revenue | $277M |
| GROSS PROFIT | $175M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $101M |
| Other Expenses | $0 |
| Operating Expenses | $134M |
| Cost & Expenses | $411M |
| OPERATING INCOME | $42M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $46M |
| EBIT | $42M |
| EBITDA | $88M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $452M |
| Cost of Revenue | $277M |
| GROSS PROFIT | $175M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $101M |
| Other Expenses | $0 |
| Operating Expenses | $134M |
| Cost & Expenses | $411M |
| OPERATING INCOME | $42M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $46M |
| EBIT | $42M |
| EBITDA | $88M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | -$54M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $72M |
| OPERATING CASH FLOW | $122M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$46M |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | $117.0K |
| NET CASH FROM INVESTING | -$47M |
| Net Debt Issuance | -$90M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$87M |
| FREE CASH FLOW | $115M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $174M |
| Short-Term Investments | $37M |
| Net Receivables | $577M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $847M |
| PP&E (Net) | $224M |
| Goodwill | $2.5B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $19M |
| Tax Assets | $0 |
| Other Non-Current Assets | $58M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $105M |
| Short-Term Debt | $30M |
| Deferred Revenue | $569M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $890M |
| Long-Term Debt | $957M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $149M |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $481.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $1.4B |
| Treasury Stock | -$23M |
| Accum. Other Comp. Income | -$844.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $1.0B |
| Net Debt | $872M |
