| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $355M | $566M | $540M | -37.3% | -34.3% |
| Op. Income | $206M | $437M | $416M | -52.8% | -50.5% |
| Gross Margin | 67.1% | 79.6% | 82.5% | -12.5pp | -15.4pp |
| Net Margin | 78.4% | 51.1% | 38.4% | 27.3pp | 39.9pp |
| EPS (Diluted) | $1.66 | $1.77 | $1.24 | -6.2% | 34.3% |
| Free Cash Flow | $171M | $238M | $187M | -28.3% | -8.6% |
| Item | Amount |
|---|---|
| REVENUE | $355M |
| Cost of Revenue | $117M |
| GROSS PROFIT | $238M |
| R&D Expenses | $0 |
| Selling & Marketing | $17M |
| General & Administrative | $15M |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $32M |
| Cost & Expenses | $149M |
| OPERATING INCOME | $206M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $77M |
| INCOME BEFORE TAX | $283M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $278M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $278M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $278M |
| D&A | $123M |
| EBIT | $161M |
| EBITDA | $284M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $355M |
| Cost of Revenue | $117M |
| GROSS PROFIT | $238M |
| R&D Expenses | $0 |
| Selling & Marketing | $17M |
| General & Administrative | $15M |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $32M |
| Cost & Expenses | $149M |
| OPERATING INCOME | $206M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $77M |
| INCOME BEFORE TAX | $283M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $278M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $278M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $278M |
| D&A | $123M |
| EBIT | $161M |
| EBITDA | $284M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $278M |
| Depreciation & Amortization | $123M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$27M |
| Other Non-Cash Items | -$208M |
| Change in Working Capital | $101M |
| OPERATING CASH FLOW | $284M |
| Capital Expenditure | -$113M |
| Acquisitions (Net) | $35M |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$238.2K |
| NET CASH FROM INVESTING | -$79M |
| Net Debt Issuance | -$110M |
| Common Stock Repurchased | -$22M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$142M |
| FREE CASH FLOW | $171M |
| Net Change in Cash | $63M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $73M |
| Short-Term Investments | $0 |
| Net Receivables | $245M |
| Inventory | $22M |
| Other Current Assets | $247M |
| TOTAL CURRENT ASSETS | $624M |
| PP&E (Net) | $4.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $38M |
| Tax Assets | $96M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $343M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $46M |
| TOTAL CURRENT LIABILITIES | $756M |
| Long-Term Debt | $682M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $355M |
| Other Non-Current Liabilities | $735M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $3.1B |
| Additional Paid-In Capital | $36M |
| Retained Earnings | -$458M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $106M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $716M |
| Net Debt | $643M |
