| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $566M | $644M | $517M | -12.2% | 9.5% |
| Op. Income | $437M | $523M | $403M | -16.5% | 8.4% |
| Gross Margin | 79.6% | 83.5% | 81.4% | -3.9pp | -1.8pp |
| Net Margin | 51.1% | 30.7% | 48.7% | 20.3pp | 2.3pp |
| EPS (Diluted) | $1.77 | $1.18 | $1.56 | 50.3% | 13.6% |
| Free Cash Flow | $238M | $193M | $76M | 23.6% | 211.7% |
| Item | Amount |
|---|---|
| REVENUE | $566M |
| Cost of Revenue | $116M |
| GROSS PROFIT | $450M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $10M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $129M |
| OPERATING INCOME | $437M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $193M |
| INCOME BEFORE TAX | $630M |
| Income Tax Expense | $341M |
| Net Income from Continuing Ops | $289M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $289M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $289M |
| D&A | $138M |
| EBIT | $668M |
| EBITDA | $806M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $566M |
| Cost of Revenue | $116M |
| GROSS PROFIT | $450M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $10M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $129M |
| OPERATING INCOME | $437M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $193M |
| INCOME BEFORE TAX | $630M |
| Income Tax Expense | $341M |
| Net Income from Continuing Ops | $289M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $289M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $289M |
| D&A | $138M |
| EBIT | $668M |
| EBITDA | $806M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $289M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $144M |
| Other Non-Cash Items | -$241M |
| Change in Working Capital | $166M |
| OPERATING CASH FLOW | $362M |
| Capital Expenditure | -$124M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$704.5K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$123M |
| Net Debt Issuance | -$219M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$236M |
| FREE CASH FLOW | $238M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $273M |
| Inventory | $14M |
| Other Current Assets | $119M |
| TOTAL CURRENT ASSETS | $522M |
| PP&E (Net) | $4.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $41M |
| Tax Assets | $92M |
| Other Non-Current Assets | $97M |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $352M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $41M |
| TOTAL CURRENT LIABILITIES | $652M |
| Long-Term Debt | $790M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $349M |
| Other Non-Current Liabilities | $795M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $3.1B |
| Additional Paid-In Capital | $26M |
| Retained Earnings | -$732M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $90M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $828M |
| Net Debt | $818M |
