| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $441M | $412M | $396M | 7.0% | 11.2% |
| Op. Income | $54M | $49M | $41M | 10.9% | 32.9% |
| Gross Margin | 26.8% | 27.3% | 25.2% | -0.5pp | 1.6pp |
| Net Margin | 8.3% | 8.1% | 7.2% | 0.2pp | 1.1pp |
| EPS (Diluted) | $3.03 | $2.79 | $2.38 | 8.6% | 27.3% |
| Free Cash Flow | $27M | -$8M | $989.0K | 443.1% | 2603.6% |
| Item | Amount |
|---|---|
| REVENUE | $441M |
| Cost of Revenue | $323M |
| GROSS PROFIT | $118M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $60M |
| Other Expenses | $4M |
| Operating Expenses | $64M |
| Cost & Expenses | $386M |
| OPERATING INCOME | $54M |
| Interest Income | $357.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $10M |
| NET INCOME | $36M |
| D&A | $12M |
| EBIT | $54M |
| EBITDA | $65M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $441M |
| Cost of Revenue | $323M |
| GROSS PROFIT | $118M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $60M |
| Other Expenses | $4M |
| Operating Expenses | $64M |
| Cost & Expenses | $386M |
| OPERATING INCOME | $54M |
| Interest Income | $357.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $10M |
| NET INCOME | $36M |
| D&A | $12M |
| EBIT | $54M |
| EBITDA | $65M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$331.0K |
| Other Non-Cash Items | -$236.0K |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $398.0K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$24M |
| Common Stock Repurchased | -$253.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $327.0K |
| NET CASH FROM FINANCING | -$26M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $112M |
| Short-Term Investments | $0 |
| Net Receivables | $380M |
| Inventory | $369M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $872M |
| PP&E (Net) | $200M |
| Goodwill | $197M |
| Intangible Assets | $164M |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $586M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $116M |
| Short-Term Debt | $15M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $215M |
| Long-Term Debt | $333M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $377M |
| TOTAL LIABILITIES | $592M |
| Common Stock | $1M |
| Additional Paid-In Capital | $134M |
| Retained Earnings | $792M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | -$56M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $866M |
| Minority Interest | $0 |
| TOTAL EQUITY | $866M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $352M |
| Net Debt | $240M |
