| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.8B | $1.8B | 10.8% | 9.2% |
| Op. Income | $167M | $66M | $70M | 153.0% | 138.6% |
| Gross Margin | 34.8% | 31.0% | 31.3% | 3.8pp | 3.4pp |
| Net Margin | 6.2% | -21.9% | -38.0% | 28.1pp | 44.2pp |
| EPS (Diluted) | $0.76 | $-2.46 | $-3.95 | 130.9% | 119.2% |
| Free Cash Flow | $168M | -$18M | $182M | 1033.3% | -7.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $675M |
| R&D Expenses | $69M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $428M |
| Other Expenses | $11M |
| Operating Expenses | $508M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $167M |
| Interest Income | $3M |
| Interest Expense | $18M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $146M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $122M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $121M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $118M |
| D&A | $65M |
| EBIT | $164M |
| EBITDA | $229M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $675M |
| R&D Expenses | $69M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $428M |
| Other Expenses | $11M |
| Operating Expenses | $508M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $167M |
| Interest Income | $3M |
| Interest Expense | $18M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $146M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $122M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $121M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $118M |
| D&A | $65M |
| EBIT | $164M |
| EBITDA | $229M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $121M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$27M |
| Other Non-Cash Items | $47M |
| Change in Working Capital | $34M |
| OPERATING CASH FLOW | $186M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $38M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | $17M |
| Net Debt Issuance | -$24M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$43M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$67M |
| FREE CASH FLOW | $168M |
| Net Change in Cash | $137M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $0 |
| Net Receivables | $2.0B |
| Inventory | $797M |
| Other Current Assets | $166M |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $770M |
| Goodwill | $2.8B |
| Intangible Assets | $303M |
| Long-Term Investments | $59M |
| Tax Assets | $582M |
| Other Non-Current Assets | $2.9B |
| TOTAL NON-CURRENT ASSETS | $7.4B |
| TOTAL ASSETS | $11.5B |
| Account Payables | $1.3B |
| Short-Term Debt | $860M |
| Deferred Revenue | $154M |
| Other Current Liabilities | $643M |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $95M |
| Other Non-Current Liabilities | $1.5B |
| TOTAL NON-CURRENT LIABILITIES | $4.6B |
| TOTAL LIABILITIES | $8.0B |
| Common Stock | $156M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $5.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $20M |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $11.5B |
| Total Debt | $4.0B |
| Net Debt | $2.9B |
