| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $708M | $686M | $729M | 3.2% | -2.8% |
| Op. Income | $162M | $188M | $181M | -13.8% | -10.6% |
| Gross Margin | 37.2% | 39.0% | 40.1% | -1.8pp | -3.0pp |
| Net Margin | 14.5% | 17.6% | 20.3% | -3.0pp | -5.7pp |
| EPS (Diluted) | $1.36 | $1.59 | $1.93 | -14.5% | -29.5% |
| Free Cash Flow | $136M | $111M | $84M | 22.3% | 61.2% |
| Item | Amount |
|---|---|
| REVENUE | $708M |
| Cost of Revenue | $445M |
| GROSS PROFIT | $263M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $86M |
| Other Expenses | $0 |
| Operating Expenses | $102M |
| Cost & Expenses | $547M |
| OPERATING INCOME | $162M |
| Interest Income | $3M |
| Interest Expense | $2M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $132M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $103M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $103M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $103M |
| D&A | $31M |
| EBIT | $130M |
| EBITDA | $161M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $708M |
| Cost of Revenue | $445M |
| GROSS PROFIT | $263M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $86M |
| Other Expenses | $0 |
| Operating Expenses | $102M |
| Cost & Expenses | $547M |
| OPERATING INCOME | $162M |
| Interest Income | $3M |
| Interest Expense | $2M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $132M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $103M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $103M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $103M |
| D&A | $31M |
| EBIT | $130M |
| EBITDA | $161M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $103M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$31M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $118M |
| OPERATING CASH FLOW | $231M |
| Capital Expenditure | -$95M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $100.0K |
| NET CASH FROM INVESTING | -$95M |
| Net Debt Issuance | -$600.0K |
| Common Stock Repurchased | $100.0K |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $136M |
| Net Change in Cash | $165M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $894M |
| Short-Term Investments | $0 |
| Net Receivables | $507M |
| Inventory | $415M |
| Other Current Assets | $103M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $1.3B |
| Goodwill | $107M |
| Intangible Assets | $18M |
| Long-Term Investments | $205M |
| Tax Assets | $66M |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $215M |
| Short-Term Debt | $2M |
| Deferred Revenue | $57M |
| Other Current Liabilities | $54M |
| TOTAL CURRENT LIABILITIES | $519M |
| Long-Term Debt | $207M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $99M |
| TOTAL NON-CURRENT LIABILITIES | $413M |
| TOTAL LIABILITIES | $932M |
| Common Stock | $19M |
| Additional Paid-In Capital | $232M |
| Retained Earnings | $3.0B |
| Treasury Stock | -$371M |
| Accum. Other Comp. Income | -$183M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $318M |
| Net Debt | -$576M |
