| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $855M | $925M | $843M | -7.5% | 1.5% |
| Op. Income | $135M | $183M | $122M | -26.1% | 11.2% |
| Gross Margin | 29.1% | 31.3% | 27.3% | -2.2pp | 1.9pp |
| Net Margin | 8.5% | 15.1% | 4.3% | -6.6pp | 4.2pp |
| EPS (Diluted) | $0.51 | $0.98 | $0.25 | -48.0% | 104.0% |
| Free Cash Flow | $13M | $133M | $46M | -90.0% | -71.2% |
| Item | Amount |
|---|---|
| REVENUE | $855M |
| Cost of Revenue | $606M |
| GROSS PROFIT | $249M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $114M |
| Other Expenses | $0 |
| Operating Expenses | $114M |
| Cost & Expenses | $720M |
| OPERATING INCOME | $135M |
| Interest Income | $4M |
| Interest Expense | $4M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $128M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $43M |
| EBIT | $133M |
| EBITDA | $175M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $855M |
| Cost of Revenue | $606M |
| GROSS PROFIT | $249M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $114M |
| Other Expenses | $0 |
| Operating Expenses | $114M |
| Cost & Expenses | $720M |
| OPERATING INCOME | $135M |
| Interest Income | $4M |
| Interest Expense | $4M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $128M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $43M |
| EBIT | $133M |
| EBITDA | $175M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $73M |
| Depreciation & Amortization | $164M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $30M |
| Other Non-Cash Items | -$70M |
| Change in Working Capital | -$30M |
| OPERATING CASH FLOW | $166M |
| Capital Expenditure | -$153M |
| Acquisitions (Net) | -$49M |
| Purchases of Investments | -$104M |
| Sales/Maturities of Investments | $9.0K |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$308M |
| Net Debt Issuance | $42M |
| Common Stock Repurchased | -$28M |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$426.0K |
| FREE CASH FLOW | $13M |
| Net Change in Cash | -$124M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $611M |
| Short-Term Investments | $305M |
| Net Receivables | $416M |
| Inventory | $619M |
| Other Current Assets | $170M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $1.3B |
| Goodwill | $201M |
| Intangible Assets | $78M |
| Long-Term Investments | $9M |
| Tax Assets | $105M |
| Other Non-Current Assets | $89M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $3.9B |
| Account Payables | $189M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $191M |
| TOTAL CURRENT LIABILITIES | $726M |
| Long-Term Debt | $501M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $117M |
| Other Non-Current Liabilities | $363M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $15M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $773M |
| Treasury Stock | -$83M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $4M |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $635M |
| Net Debt | $24M |
