| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $686M | $772M | $707M | -11.0% | -2.9% |
| Op. Income | $188M | $224M | $184M | -16.2% | 2.2% |
| Gross Margin | 39.0% | 41.4% | 40.8% | -2.5pp | -1.9pp |
| Net Margin | 17.6% | 24.4% | 24.9% | -6.9pp | -7.3pp |
| EPS (Diluted) | $1.59 | $2.49 | $2.31 | -36.1% | -31.2% |
| Free Cash Flow | $111M | $107M | $125M | 3.8% | -11.0% |
| Item | Amount |
|---|---|
| REVENUE | $686M |
| Cost of Revenue | $419M |
| GROSS PROFIT | $268M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $66M |
| Other Expenses | $0 |
| Operating Expenses | $80M |
| Cost & Expenses | $499M |
| OPERATING INCOME | $188M |
| Interest Income | $2M |
| Interest Expense | $2M |
| Other Income/Expenses | -$47M |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $121M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $121M |
| D&A | $30M |
| EBIT | $138M |
| EBITDA | $168M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $686M |
| Cost of Revenue | $419M |
| GROSS PROFIT | $268M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $66M |
| Other Expenses | $0 |
| Operating Expenses | $80M |
| Cost & Expenses | $499M |
| OPERATING INCOME | $188M |
| Interest Income | $2M |
| Interest Expense | $2M |
| Other Income/Expenses | -$47M |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $121M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $121M |
| D&A | $30M |
| EBIT | $138M |
| EBITDA | $168M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $121M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $44M |
| Change in Working Capital | -$32M |
| OPERATING CASH FLOW | $169M |
| Capital Expenditure | -$58M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$59M |
| Net Debt Issuance | -$43M |
| Common Stock Repurchased | -$28M |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | -$75M |
| FREE CASH FLOW | $111M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $729M |
| Short-Term Investments | $0 |
| Net Receivables | $485M |
| Inventory | $413M |
| Other Current Assets | $106M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $1.2B |
| Goodwill | $104M |
| Intangible Assets | $18M |
| Long-Term Investments | $189M |
| Tax Assets | $63M |
| Other Non-Current Assets | $54M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $189M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $156M |
| TOTAL CURRENT LIABILITIES | $457M |
| Long-Term Debt | $207M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $88M |
| TOTAL NON-CURRENT LIABILITIES | $389M |
| TOTAL LIABILITIES | $846M |
| Common Stock | $19M |
| Additional Paid-In Capital | $231M |
| Retained Earnings | $2.9B |
| Treasury Stock | -$383M |
| Accum. Other Comp. Income | -$309M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $300M |
| Net Debt | -$429M |
