| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.3B | $7.2B | — | 0.4% | — |
| Op. Income | $71M | $54M | — | 31.5% | — |
| Gross Margin | 13.4% | 14.0% | — | -0.6pp | — |
| Net Margin | 0.5% | 0.9% | — | -0.4pp | — |
| EPS (Diluted) | $0.64 | $1.10 | — | -41.8% | — |
| Free Cash Flow | $269M | -$126M | — | 313.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $7.3B |
| Cost of Revenue | $6.3B |
| GROSS PROFIT | $976M |
| R&D Expenses | $0 |
| Selling & Marketing | $915M |
| General & Administrative | -$10M |
| SG&A Expenses | $905M |
| Other Expenses | $0 |
| Operating Expenses | $905M |
| Cost & Expenses | $7.2B |
| OPERATING INCOME | $71M |
| Interest Income | $1M |
| Interest Expense | $29M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $75M |
| EBIT | $76M |
| EBITDA | $151M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $7.3B |
| Cost of Revenue | $6.3B |
| GROSS PROFIT | $976M |
| R&D Expenses | $0 |
| Selling & Marketing | $915M |
| General & Administrative | -$10M |
| SG&A Expenses | $905M |
| Other Expenses | $0 |
| Operating Expenses | $905M |
| Cost & Expenses | $7.2B |
| OPERATING INCOME | $71M |
| Interest Income | $1M |
| Interest Expense | $29M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $75M |
| EBIT | $76M |
| EBITDA | $151M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $75M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $55M |
| Other Non-Cash Items | $62M |
| Change in Working Capital | $131M |
| OPERATING CASH FLOW | $362M |
| Capital Expenditure | -$93M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$94M |
| Net Debt Issuance | -$274M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$272M |
| FREE CASH FLOW | $269M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $2.4B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $2.9B |
| Goodwill | $20M |
| Intangible Assets | $819M |
| Long-Term Investments | $13M |
| Tax Assets | $485M |
| Other Non-Current Assets | $113M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $8.1B |
| Account Payables | $1.7B |
| Short-Term Debt | $27M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $1.1B |
| Deferred Tax Liabilities | $493M |
| Other Non-Current Liabilities | $212M |
| TOTAL NON-CURRENT LIABILITIES | $3.9B |
| TOTAL LIABILITIES | $6.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $608M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$24M |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $1M |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $8.1B |
| Total Debt | $3.4B |
| Net Debt | $3.3B |
