| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $420M | $441M | $369M | -4.8% | 13.8% |
| Op. Income | $50M | $54M | $36M | -8.5% | 38.8% |
| Gross Margin | 27.2% | 26.8% | 25.0% | 0.4pp | 2.2pp |
| Net Margin | 8.3% | 8.3% | 7.0% | 0.1pp | 1.3pp |
| EPS (Diluted) | $2.91 | $3.03 | $2.16 | -4.0% | 34.7% |
| Free Cash Flow | $31M | $27M | $14M | 16.1% | 126.9% |
| Item | Amount |
|---|---|
| REVENUE | $420M |
| Cost of Revenue | $306M |
| GROSS PROFIT | $114M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $61M |
| Other Expenses | $4M |
| Operating Expenses | $64M |
| Cost & Expenses | $370M |
| OPERATING INCOME | $50M |
| Interest Income | $385.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $9M |
| NET INCOME | $35M |
| D&A | $12M |
| EBIT | $50M |
| EBITDA | $62M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $420M |
| Cost of Revenue | $306M |
| GROSS PROFIT | $114M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $61M |
| Other Expenses | $4M |
| Operating Expenses | $64M |
| Cost & Expenses | $370M |
| OPERATING INCOME | $50M |
| Interest Income | $385.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $9M |
| NET INCOME | $35M |
| D&A | $12M |
| EBIT | $50M |
| EBITDA | $62M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $153.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $163.0K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$24M |
| Common Stock Repurchased | -$45.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $213.0K |
| NET CASH FROM FINANCING | -$26M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $114M |
| Short-Term Investments | $0 |
| Net Receivables | $379M |
| Inventory | $372M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $873M |
| PP&E (Net) | $203M |
| Goodwill | $196M |
| Intangible Assets | $160M |
| Long-Term Investments | $0 |
| Tax Assets | $904.0K |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $582M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $111M |
| Short-Term Debt | $15M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $219M |
| Long-Term Debt | $309M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $348M |
| TOTAL LIABILITIES | $568M |
| Common Stock | $1M |
| Additional Paid-In Capital | $136M |
| Retained Earnings | $824M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | -$68M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $888M |
| Minority Interest | $0 |
| TOTAL EQUITY | $888M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $324M |
| Net Debt | $210M |
