| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.4B | $1.5B | 9.1% | 2.5% |
| Op. Income | $260M | $202M | $223M | 28.7% | 16.6% |
| Gross Margin | 45.6% | 45.6% | 45.6% | 0.0pp | -0.0pp |
| Net Margin | 12.4% | 12.3% | 13.0% | 0.0pp | -0.6pp |
| EPS (Diluted) | $3.58 | $3.26 | $3.55 | 9.8% | 0.8% |
| Free Cash Flow | $243M | $47M | $212M | 417.0% | 14.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $818M |
| GROSS PROFIT | $685M |
| R&D Expenses | $142M |
| Selling & Marketing | $155M |
| General & Administrative | $87M |
| SG&A Expenses | $242M |
| Other Expenses | $41M |
| Operating Expenses | $425M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $260M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $225M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $186M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $186M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $186M |
| D&A | $46M |
| EBIT | $272M |
| EBITDA | $318M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $818M |
| GROSS PROFIT | $685M |
| R&D Expenses | $142M |
| Selling & Marketing | $155M |
| General & Administrative | $87M |
| SG&A Expenses | $242M |
| Other Expenses | $41M |
| Operating Expenses | $425M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $260M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $225M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $186M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $186M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $186M |
| D&A | $46M |
| EBIT | $272M |
| EBITDA | $318M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $186M |
| Depreciation & Amortization | $46M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | -$95M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $108M |
| OPERATING CASH FLOW | $267M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | -$138M |
| Common Stock Repurchased | -$96M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $17M |
| NET CASH FROM FINANCING | -$217M |
| FREE CASH FLOW | $243M |
| Net Change in Cash | $36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $105M |
| Short-Term Investments | $0 |
| Net Receivables | $794M |
| Inventory | $860M |
| Other Current Assets | $124M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $434M |
| Goodwill | $3.9B |
| Intangible Assets | $630M |
| Long-Term Investments | $160M |
| Tax Assets | $407M |
| Other Non-Current Assets | $116M |
| TOTAL NON-CURRENT ASSETS | $5.6B |
| TOTAL ASSETS | $7.5B |
| Account Payables | $811M |
| Short-Term Debt | $214M |
| Deferred Revenue | $425M |
| Other Current Liabilities | $517M |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $333M |
| Deferred Tax Liabilities | $75M |
| Other Non-Current Liabilities | -$31M |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $561M |
| Retained Earnings | $4.0B |
| Treasury Stock | -$1.8B |
| Accum. Other Comp. Income | -$66M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $7.5B |
| Total Debt | $2.3B |
| Net Debt | $2.2B |
