| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $282M | $262M | $292M | 7.6% | -3.4% |
| Op. Income | $48M | $42M | $57M | 13.8% | -15.0% |
| Gross Margin | 46.9% | 46.0% | 47.3% | 0.9pp | -0.4pp |
| Net Margin | 13.9% | 13.3% | 15.6% | 0.6pp | -1.7pp |
| EPS (Diluted) | $0.78 | $0.69 | $0.92 | 13.0% | -15.2% |
| Free Cash Flow | $36M | $19M | $40M | 89.6% | -8.9% |
| Item | Amount |
|---|---|
| REVENUE | $282M |
| Cost of Revenue | $150M |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $71M |
| General & Administrative | $14M |
| SG&A Expenses | $84M |
| Other Expenses | $0 |
| Operating Expenses | $84M |
| Cost & Expenses | $234M |
| OPERATING INCOME | $48M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $6M |
| EBIT | $48M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $282M |
| Cost of Revenue | $150M |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $71M |
| General & Administrative | $14M |
| SG&A Expenses | $84M |
| Other Expenses | $0 |
| Operating Expenses | $84M |
| Cost & Expenses | $234M |
| OPERATING INCOME | $48M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $6M |
| EBIT | $48M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$803.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$266.0K |
| OPERATING CASH FLOW | $48M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$18M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $36M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $287M |
| Short-Term Investments | $22M |
| Net Receivables | $8M |
| Inventory | $131M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $469M |
| PP&E (Net) | $432M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $27M |
| Tax Assets | $0 |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $471M |
| TOTAL ASSETS | $940M |
| Account Payables | $63M |
| Short-Term Debt | $80M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$40M |
| TOTAL CURRENT LIABILITIES | $206M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $275M |
| TOTAL LIABILITIES | $482M |
| Common Stock | $508.0K |
| Additional Paid-In Capital | $200M |
| Retained Earnings | $259M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $459M |
| Minority Interest | $0 |
| TOTAL EQUITY | $459M |
| TOTAL LIABILITIES & EQUITY | $940M |
| Total Debt | $328M |
| Net Debt | $41M |
