| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.9B | $8.8B | $7.9B | 1.0% | 13.0% |
| Op. Income | $214M | $150M | $135M | 42.7% | 58.5% |
| Gross Margin | 16.4% | 15.7% | 15.7% | 0.7pp | 0.6pp |
| Net Margin | 1.2% | 0.8% | 0.8% | 0.4pp | 0.4pp |
| EPS (Diluted) | $0.40 | $0.27 | $0.24 | 48.1% | 66.7% |
| Free Cash Flow | $296M | $30M | $204M | 886.7% | 45.1% |
| Item | Amount |
|---|---|
| REVENUE | $8.9B |
| Cost of Revenue | $7.5B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.2B |
| Other Expenses | $0 |
| Operating Expenses | $1.2B |
| Cost & Expenses | $8.7B |
| OPERATING INCOME | $214M |
| Interest Income | $0 |
| Interest Expense | $65M |
| Other Income/Expenses | -$60M |
| INCOME BEFORE TAX | $154M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $109M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $109M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $100M |
| D&A | $92M |
| EBIT | $219M |
| EBITDA | $311M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $8.9B |
| Cost of Revenue | $7.5B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.2B |
| Other Expenses | $0 |
| Operating Expenses | $1.2B |
| Cost & Expenses | $8.7B |
| OPERATING INCOME | $214M |
| Interest Income | $0 |
| Interest Expense | $65M |
| Other Income/Expenses | -$60M |
| INCOME BEFORE TAX | $154M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $109M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $109M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $100M |
| D&A | $92M |
| EBIT | $219M |
| EBITDA | $311M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $109M |
| Depreciation & Amortization | $92M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $141M |
| OPERATING CASH FLOW | $354M |
| Capital Expenditure | -$58M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$57M |
| Net Debt Issuance | -$129M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | -$128M |
| FREE CASH FLOW | $296M |
| Net Change in Cash | $169M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $366M |
| Short-Term Investments | $0 |
| Net Receivables | $2.0B |
| Inventory | $1.8B |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $2.1B |
| Goodwill | $5.6B |
| Intangible Assets | $797M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $447M |
| TOTAL NON-CURRENT ASSETS | $8.9B |
| TOTAL ASSETS | $13.2B |
| Account Payables | $2.2B |
| Short-Term Debt | $319M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $4.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $298M |
| Other Non-Current Liabilities | $476M |
| TOTAL NON-CURRENT LIABILITIES | $5.6B |
| TOTAL LIABILITIES | $8.8B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | $927M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.5B |
| TOTAL LIABILITIES & EQUITY | $13.2B |
| Total Debt | $5.2B |
| Net Debt | $4.8B |
