| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $374M | $384M | $352M | -2.4% | 6.5% |
| Op. Income | $39M | $46M | $44M | -16.6% | -12.6% |
| Gross Margin | 35.8% | 37.0% | 36.7% | -1.2pp | -1.0pp |
| Net Margin | 7.4% | 8.9% | 9.1% | -1.5pp | -1.7pp |
| EPS (Diluted) | $0.90 | $1.13 | $1.06 | -20.4% | -15.1% |
| Free Cash Flow | $40M | $41M | -$68M | -2.5% | 158.6% |
| Item | Amount |
|---|---|
| REVENUE | $374M |
| Cost of Revenue | $241M |
| GROSS PROFIT | $134M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $95M |
| Other Expenses | -$50.0K |
| Operating Expenses | $95M |
| Cost & Expenses | $336M |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $463.0K |
| Other Income/Expenses | -$513.0K |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $12M |
| EBIT | $39M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $374M |
| Cost of Revenue | $241M |
| GROSS PROFIT | $134M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $95M |
| Other Expenses | -$50.0K |
| Operating Expenses | $95M |
| Cost & Expenses | $336M |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $463.0K |
| Other Income/Expenses | -$513.0K |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $12M |
| EBIT | $39M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $75M |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | -$26M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $40M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $586M |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $673M |
| PP&E (Net) | $642M |
| Goodwill | $198M |
| Intangible Assets | $61M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $906M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $140M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $329M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $36M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $397M |
| TOTAL LIABILITIES | $726M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $226M |
| Retained Earnings | $638M |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $852M |
| Minority Interest | $0 |
| TOTAL EQUITY | $852M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $414M |
| Net Debt | $375M |
