| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $772M | $728M | $572M | 6.0% | 34.9% |
| Op. Income | $25M | $22M | $12M | 12.7% | 114.4% |
| Gross Margin | 8.7% | 8.1% | 9.4% | 0.6pp | -0.7pp |
| Net Margin | 2.4% | 2.4% | 1.4% | 0.1pp | 1.0pp |
| EPS (Diluted) | $0.53 | $0.49 | $0.23 | 8.2% | 130.4% |
| Free Cash Flow | -$40M | -$31M | -$54M | -26.5% | 26.8% |
| Item | Amount |
|---|---|
| REVENUE | $772M |
| Cost of Revenue | $705M |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $3M |
| Operating Expenses | $41M |
| Cost & Expenses | $746M |
| OPERATING INCOME | $25M |
| Interest Income | $452.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $11M |
| EBIT | $27M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $772M |
| Cost of Revenue | $705M |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $3M |
| Operating Expenses | $41M |
| Cost & Expenses | $746M |
| OPERATING INCOME | $25M |
| Interest Income | $452.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $11M |
| EBIT | $27M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$507.0K |
| Change in Working Capital | -$64M |
| OPERATING CASH FLOW | -$31M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $35M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$177.0K |
| NET CASH FROM FINANCING | $29M |
| FREE CASH FLOW | -$40M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $247M |
| Short-Term Investments | $0 |
| Net Receivables | $667M |
| Inventory | $747M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $300M |
| Goodwill | $192M |
| Intangible Assets | $60M |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $568M |
| TOTAL ASSETS | $2.3B |
| Account Payables | $522M |
| Short-Term Debt | $3M |
| Deferred Revenue | $212M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $849M |
| Long-Term Debt | $296M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $84.0K |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $427M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $4M |
| Additional Paid-In Capital | $514M |
| Retained Earnings | $504M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $388M |
| Net Debt | $141M |
