| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $231M | $233M | $237M | -0.6% | -2.3% |
| Op. Income | $43M | $34M | $40M | 24.5% | 7.3% |
| Gross Margin | 33.4% | 31.5% | 30.4% | 2.0pp | 3.1pp |
| Net Margin | 13.0% | 9.8% | 12.6% | 3.3pp | 0.4pp |
| EPS (Diluted) | $0.93 | $0.70 | $0.92 | 32.9% | 1.1% |
| Free Cash Flow | $27M | $25M | $38M | 6.5% | -29.0% |
| Item | Amount |
|---|---|
| REVENUE | $231M |
| Cost of Revenue | $154M |
| GROSS PROFIT | $77M |
| R&D Expenses | $4M |
| Selling & Marketing | $19M |
| General & Administrative | $12M |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $188M |
| OPERATING INCOME | $43M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $13M |
| EBIT | $44M |
| EBITDA | $57M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $231M |
| Cost of Revenue | $154M |
| GROSS PROFIT | $77M |
| R&D Expenses | $4M |
| Selling & Marketing | $19M |
| General & Administrative | $12M |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $188M |
| OPERATING INCOME | $43M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $13M |
| EBIT | $44M |
| EBITDA | $57M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$370.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$26M |
| Common Stock Repurchased | -$75.0K |
| Common Dividends Paid | -$2.0K |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $67M |
| Short-Term Investments | $0 |
| Net Receivables | $125M |
| Inventory | $125M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $337M |
| PP&E (Net) | $290M |
| Goodwill | $774M |
| Intangible Assets | $203M |
| Long-Term Investments | -$1.3B |
| Tax Assets | $62M |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $56M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $114M |
| Long-Term Debt | $406M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $62M |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $498M |
| TOTAL LIABILITIES | $612M |
| Common Stock | $2M |
| Additional Paid-In Capital | $137M |
| Retained Earnings | $867M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $191.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $425M |
| Net Debt | $358M |
