| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $925M | $864M | $814M | 7.1% | 13.7% |
| Op. Income | $183M | $151M | $124M | 21.4% | 48.2% |
| Gross Margin | 31.3% | 30.3% | 27.7% | 1.1pp | 3.6pp |
| Net Margin | 15.1% | 13.0% | 11.9% | 2.1pp | 3.2pp |
| EPS (Diluted) | $0.98 | $0.78 | $0.67 | 25.6% | 46.3% |
| Free Cash Flow | $133M | $15M | $78M | 790.5% | 70.0% |
| Item | Amount |
|---|---|
| REVENUE | $925M |
| Cost of Revenue | $635M |
| GROSS PROFIT | $290M |
| R&D Expenses | $0 |
| Selling & Marketing | -$4M |
| General & Administrative | $110M |
| SG&A Expenses | $106M |
| Other Expenses | $0 |
| Operating Expenses | $106M |
| Cost & Expenses | $742M |
| OPERATING INCOME | $183M |
| Interest Income | $2M |
| Interest Expense | $4M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $181M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $141M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $140M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $140M |
| D&A | $40M |
| EBIT | $180M |
| EBITDA | $221M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $925M |
| Cost of Revenue | $635M |
| GROSS PROFIT | $290M |
| R&D Expenses | $0 |
| Selling & Marketing | -$4M |
| General & Administrative | $110M |
| SG&A Expenses | $106M |
| Other Expenses | $0 |
| Operating Expenses | $106M |
| Cost & Expenses | $742M |
| OPERATING INCOME | $183M |
| Interest Income | $2M |
| Interest Expense | $4M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $181M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $141M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $140M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $140M |
| D&A | $40M |
| EBIT | $180M |
| EBITDA | $221M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $140M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $209M |
| Capital Expenditure | -$76M |
| Acquisitions (Net) | $95.0K |
| Purchases of Investments | -$174M |
| Sales/Maturities of Investments | $66M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$185M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | -$19M |
| Common Dividends Paid | -$14M |
| Other Financing Activities | -$8.0K |
| NET CASH FROM FINANCING | -$39M |
| FREE CASH FLOW | $133M |
| Net Change in Cash | -$31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $735M |
| Short-Term Investments | $183M |
| Net Receivables | $426M |
| Inventory | $616M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $1.1B |
| Goodwill | $164M |
| Intangible Assets | $60M |
| Long-Term Investments | $0 |
| Tax Assets | $85M |
| Other Non-Current Assets | $94M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $224M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $717M |
| Long-Term Debt | $458M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $52M |
| Other Non-Current Liabilities | $397M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $15M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $715M |
| Treasury Stock | -$55M |
| Accum. Other Comp. Income | -$129M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $3M |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $578M |
| Net Debt | -$157M |
