| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $492M | $516M | $415M | -4.7% | 18.4% |
| Op. Income | $176M | $314M | $170M | -44.1% | 3.4% |
| Gross Margin | 88.6% | 92.8% | 91.7% | -4.2pp | -3.0pp |
| Net Margin | 26.9% | 46.4% | 27.0% | -19.5pp | -0.1pp |
| EPS (Diluted) | $2.67 | $4.91 | $2.35 | -45.6% | 13.6% |
| Free Cash Flow | $89M | $190M | $104M | -53.3% | -14.7% |
| Item | Amount |
|---|---|
| REVENUE | $492M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $436M |
| R&D Expenses | $94M |
| Selling & Marketing | $23M |
| General & Administrative | $143M |
| SG&A Expenses | $166M |
| Other Expenses | $0 |
| Operating Expenses | $260M |
| Cost & Expenses | $316M |
| OPERATING INCOME | $176M |
| Interest Income | $21M |
| Interest Expense | $12M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $179M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $13M |
| EBIT | $185M |
| EBITDA | $198M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $492M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $436M |
| R&D Expenses | $94M |
| Selling & Marketing | $23M |
| General & Administrative | $143M |
| SG&A Expenses | $166M |
| Other Expenses | $0 |
| Operating Expenses | $260M |
| Cost & Expenses | $316M |
| OPERATING INCOME | $176M |
| Interest Income | $21M |
| Interest Expense | $12M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $179M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $13M |
| EBIT | $185M |
| EBITDA | $198M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $132M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $65M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$88M |
| OPERATING CASH FLOW | $128M |
| Capital Expenditure | -$40M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$431M |
| Sales/Maturities of Investments | $277M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$189M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $56M |
| NET CASH FROM FINANCING | $56M |
| FREE CASH FLOW | $89M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $961M |
| Short-Term Investments | $1.9B |
| Net Receivables | $220M |
| Inventory | $102M |
| Other Current Assets | $219M |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $862M |
| Goodwill | $28M |
| Intangible Assets | $17M |
| Long-Term Investments | $1.3B |
| Tax Assets | $328M |
| Other Non-Current Assets | $114M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $6.0B |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $343M |
| Long-Term Debt | $800M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $105M |
| TOTAL NON-CURRENT LIABILITIES | $905M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $5.0B |
| Treasury Stock | -$2.6B |
| Accum. Other Comp. Income | -$56M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $6.0B |
| Total Debt | $800M |
| Net Debt | -$161M |
