| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $640M | $614M | $570M | 4.2% | 12.2% |
| Op. Income | $60M | $56M | $69M | 6.1% | -14.1% |
| Gross Margin | 21.2% | 21.8% | 23.5% | -0.6pp | -2.3pp |
| Net Margin | 8.4% | 6.4% | 8.8% | 2.0pp | -0.3pp |
| EPS (Diluted) | $0.88 | $0.64 | $0.76 | 37.5% | 15.8% |
| Free Cash Flow | $92M | $23M | $130M | 300.2% | -29.6% |
| Item | Amount |
|---|---|
| REVENUE | $640M |
| Cost of Revenue | $505M |
| GROSS PROFIT | $136M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $76M |
| Cost & Expenses | $580M |
| OPERATING INCOME | $60M |
| Interest Income | $320.0K |
| Interest Expense | $10M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $29M |
| EBIT | $60M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $640M |
| Cost of Revenue | $505M |
| GROSS PROFIT | $136M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $76M |
| Cost & Expenses | $580M |
| OPERATING INCOME | $60M |
| Interest Income | $320.0K |
| Interest Expense | $10M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $29M |
| EBIT | $60M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $54M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$23M |
| Other Non-Cash Items | -$230.0K |
| Change in Working Capital | $45M |
| OPERATING CASH FLOW | $108M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | -$22M |
| Purchases of Investments | -$13.0K |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | $17M |
| Common Stock Repurchased | -$45M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$37M |
| FREE CASH FLOW | $92M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $108M |
| Short-Term Investments | $0 |
| Net Receivables | $615M |
| Inventory | $514M |
| Other Current Assets | $75M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $910M |
| Goodwill | $773M |
| Intangible Assets | $461M |
| Long-Term Investments | $38M |
| Tax Assets | $23M |
| Other Non-Current Assets | $290M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $231M |
| Short-Term Debt | $67M |
| Deferred Revenue | $31M |
| Other Current Liabilities | $93M |
| TOTAL CURRENT LIABILITIES | $539M |
| Long-Term Debt | $710M |
| Deferred Revenue NC | $396M |
| Deferred Tax Liabilities | $127M |
| Other Non-Current Liabilities | $111M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $106.0K |
| Additional Paid-In Capital | $294M |
| Retained Earnings | $2.7B |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | -$93M |
| Other Equity | $7M |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $803M |
| Net Debt | $696M |
