| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | $2.2B | $2.5B | 11.9% | -1.9% |
| Op. Income | $470M | $340M | $525M | 38.3% | -10.4% |
| Gross Margin | 41.2% | 41.5% | 45.0% | -0.4pp | -3.8pp |
| Net Margin | 14.5% | 11.5% | 16.1% | 3.0pp | -1.6pp |
| EPS (Diluted) | $2.64 | $1.86 | $2.65 | 41.8% | -0.5% |
| Free Cash Flow | $345M | $119M | $497M | 189.3% | -30.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $540M |
| Other Expenses | $0 |
| Operating Expenses | $540M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $470M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $471M |
| Income Tax Expense | $116M |
| Net Income from Continuing Ops | $355M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $355M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $355M |
| D&A | $57M |
| EBIT | $470M |
| EBITDA | $527M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $540M |
| Other Expenses | $0 |
| Operating Expenses | $540M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $470M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $471M |
| Income Tax Expense | $116M |
| Net Income from Continuing Ops | $355M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $355M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $355M |
| D&A | $57M |
| EBIT | $470M |
| EBITDA | $527M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $355M |
| Depreciation & Amortization | $57M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $70M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $464M |
| Capital Expenditure | -$120M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $62.0K |
| NET CASH FROM INVESTING | -$120M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$39M |
| Common Dividends Paid | -$52M |
| Other Financing Activities | -$859.0K |
| NET CASH FROM FINANCING | -$92M |
| FREE CASH FLOW | $345M |
| Net Change in Cash | $254M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $367M |
| Short-Term Investments | $0 |
| Net Receivables | $116M |
| Inventory | $1.5B |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $2.4B |
| Goodwill | $77M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $81M |
| Other Non-Current Assets | $116M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $508M |
| Short-Term Debt | $0 |
| Deferred Revenue | $479M |
| Other Current Liabilities | $108M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $114M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $663.0K |
| Additional Paid-In Capital | $573M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$739.0K |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $1.4B |
| Net Debt | $1.1B |
