| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $186M | $176M | $148M | 5.9% | 25.8% |
| Op. Income | $31M | $30M | $24M | 6.5% | 31.6% |
| Gross Margin | 39.1% | 39.5% | 38.9% | -0.4pp | 0.2pp |
| Net Margin | 13.9% | 12.8% | 12.1% | 1.2pp | 1.8pp |
| EPS (Diluted) | $0.88 | $0.76 | $0.61 | 15.8% | 44.3% |
| Free Cash Flow | $28M | $20M | $22M | 41.4% | 29.9% |
| Item | Amount |
|---|---|
| REVENUE | $186M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $73M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $41M |
| SG&A Expenses | $41M |
| Other Expenses | -$32.0K |
| Operating Expenses | $41M |
| Cost & Expenses | $155M |
| OPERATING INCOME | $31M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $7M |
| EBIT | $31M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $186M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $73M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $41M |
| SG&A Expenses | $41M |
| Other Expenses | -$32.0K |
| Operating Expenses | $41M |
| Cost & Expenses | $155M |
| OPERATING INCOME | $31M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $7M |
| EBIT | $31M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$25.0K |
| Other Non-Cash Items | -$52.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $163M |
| Short-Term Investments | $0 |
| Net Receivables | $89M |
| Inventory | $148M |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $423M |
| PP&E (Net) | $74M |
| Goodwill | $113M |
| Intangible Assets | $55M |
| Long-Term Investments | $0 |
| Tax Assets | $13M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $267M |
| TOTAL ASSETS | $690M |
| Account Payables | $85M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $44M |
| TOTAL CURRENT LIABILITIES | $129M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $62M |
| TOTAL NON-CURRENT LIABILITIES | $68M |
| TOTAL LIABILITIES | $197M |
| Common Stock | $37M |
| Additional Paid-In Capital | $58M |
| Retained Earnings | $442M |
| Treasury Stock | -$37M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $493M |
| Minority Interest | $0 |
| TOTAL EQUITY | $493M |
| TOTAL LIABILITIES & EQUITY | $690M |
| Total Debt | $0 |
| Net Debt | -$163M |
