| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $230M | $231M | $244M | -0.6% | -5.9% |
| Op. Income | $44M | $43M | $34M | 1.8% | 29.7% |
| Gross Margin | 33.3% | 33.4% | 28.0% | -0.2pp | 5.3pp |
| Net Margin | 12.6% | 13.0% | 10.3% | -0.4pp | 2.3pp |
| EPS (Diluted) | $0.90 | $0.93 | $0.78 | -3.2% | 15.4% |
| Free Cash Flow | $38M | $27M | $27M | 42.6% | 43.3% |
| Item | Amount |
|---|---|
| REVENUE | $230M |
| Cost of Revenue | $153M |
| GROSS PROFIT | $77M |
| R&D Expenses | $4M |
| Selling & Marketing | $18M |
| General & Administrative | $11M |
| SG&A Expenses | $29M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $186M |
| OPERATING INCOME | $44M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $14M |
| EBIT | $43M |
| EBITDA | $57M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $230M |
| Cost of Revenue | $153M |
| GROSS PROFIT | $77M |
| R&D Expenses | $4M |
| Selling & Marketing | $18M |
| General & Administrative | $11M |
| SG&A Expenses | $29M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $186M |
| OPERATING INCOME | $44M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $14M |
| EBIT | $43M |
| EBITDA | $57M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$911.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | -$101.0K |
| Common Dividends Paid | -$3.0K |
| Other Financing Activities | $62.0K |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | $38M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $77M |
| Short-Term Investments | $0 |
| Net Receivables | $129M |
| Inventory | $116M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $341M |
| PP&E (Net) | $287M |
| Goodwill | $767M |
| Intangible Assets | $192M |
| Long-Term Investments | -$59M |
| Tax Assets | $59M |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $50M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $108M |
| Long-Term Debt | $381M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $59M |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $470M |
| TOTAL LIABILITIES | $578M |
| Common Stock | $2M |
| Additional Paid-In Capital | $141M |
| Retained Earnings | $896M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $400M |
| Net Debt | $323M |
