| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.5B | $2.3B | 17.5% | -20.3% |
| Op. Income | $190M | $128M | $297M | 48.9% | -36.1% |
| Gross Margin | 21.4% | 20.3% | 21.1% | 1.1pp | 0.3pp |
| Net Margin | 8.1% | 6.3% | 9.6% | 1.8pp | -1.5pp |
| EPS (Diluted) | $3.67 | $2.43 | $5.49 | 51.0% | -33.2% |
| Free Cash Flow | $204M | $18M | $214M | 1037.8% | -4.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $389M |
| R&D Expenses | $0 |
| Selling & Marketing | $139M |
| General & Administrative | $30M |
| SG&A Expenses | $169M |
| Other Expenses | $29M |
| Operating Expenses | $199M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $190M |
| Interest Income | $12M |
| Interest Expense | $6M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $196M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $146M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $146M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $146M |
| D&A | $31M |
| EBIT | $202M |
| EBITDA | $234M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $389M |
| R&D Expenses | $0 |
| Selling & Marketing | $139M |
| General & Administrative | $30M |
| SG&A Expenses | $169M |
| Other Expenses | $29M |
| Operating Expenses | $199M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $190M |
| Interest Income | $12M |
| Interest Expense | $6M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $196M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $146M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $146M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $146M |
| D&A | $31M |
| EBIT | $202M |
| EBITDA | $234M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $146M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$644.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $62M |
| OPERATING CASH FLOW | $242M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$57.0K |
| Common Dividends Paid | -$125M |
| Other Financing Activities | -$453.0K |
| NET CASH FROM FINANCING | -$125M |
| FREE CASH FLOW | $204M |
| Net Change in Cash | $80M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $492M |
| Inventory | $703M |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $863M |
| Goodwill | $138M |
| Intangible Assets | $153M |
| Long-Term Investments | $4M |
| Tax Assets | $6M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $417M |
| Short-Term Debt | $12M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $132M |
| TOTAL CURRENT LIABILITIES | $667M |
| Long-Term Debt | $445M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $66M |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $641M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $450.0K |
| Additional Paid-In Capital | $553M |
| Retained Earnings | $1.8B |
| Treasury Stock | -$140M |
| Accum. Other Comp. Income | -$507.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $532M |
| Net Debt | -$548M |
