| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $386M | $403M | $386M | -4.2% | -0.1% |
| Op. Income | $68M | $79M | $64M | -13.7% | 6.7% |
| Gross Margin | 33.6% | 34.5% | 32.6% | -1.0pp | 0.9pp |
| Net Margin | 19.5% | 11.5% | 5.8% | 8.1pp | 13.7pp |
| EPS (Diluted) | $0.14 | $0.09 | $0.04 | 62.8% | 250.0% |
| Free Cash Flow | $160M | $34M | $39M | 364.8% | 308.2% |
| Item | Amount |
|---|---|
| REVENUE | $386M |
| Cost of Revenue | $256M |
| GROSS PROFIT | $130M |
| R&D Expenses | $0 |
| Selling & Marketing | $40M |
| General & Administrative | $20M |
| SG&A Expenses | $60M |
| Other Expenses | $2M |
| Operating Expenses | $61M |
| Cost & Expenses | $318M |
| OPERATING INCOME | $68M |
| Interest Income | $30M |
| Interest Expense | $26M |
| Other Income/Expenses | $21M |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$523.0K |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $89M |
| EBIT | $115M |
| EBITDA | $205M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $386M |
| Cost of Revenue | $256M |
| GROSS PROFIT | $130M |
| R&D Expenses | $0 |
| Selling & Marketing | $40M |
| General & Administrative | $20M |
| SG&A Expenses | $60M |
| Other Expenses | $2M |
| Operating Expenses | $61M |
| Cost & Expenses | $318M |
| OPERATING INCOME | $68M |
| Interest Income | $30M |
| Interest Expense | $26M |
| Other Income/Expenses | $21M |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$523.0K |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $89M |
| EBIT | $115M |
| EBITDA | $205M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $75M |
| Depreciation & Amortization | $89M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $14M |
| Other Non-Cash Items | -$40M |
| Change in Working Capital | $35M |
| OPERATING CASH FLOW | $175M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $37M |
| Purchases of Investments | $5M |
| Sales/Maturities of Investments | -$14M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $12M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $3M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $160M |
| Net Change in Cash | $153M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $350M |
| Short-Term Investments | $40M |
| Net Receivables | $177M |
| Inventory | $568M |
| Other Current Assets | $60M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $2.0B |
| Goodwill | $19M |
| Intangible Assets | $20M |
| Long-Term Investments | $79M |
| Tax Assets | $11M |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $135M |
| Short-Term Debt | $344M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $52M |
| TOTAL CURRENT LIABILITIES | $637M |
| Long-Term Debt | $752M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $355M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $167M |
| Additional Paid-In Capital | $750M |
| Retained Earnings | $346M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | -$263M |
| Other Equity | $269M |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $39M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $1.5B |
| Net Debt | $1.1B |
