| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $802M | $658M | — | 21.8% | — |
| Op. Income | $260M | $164M | — | 58.6% | — |
| Gross Margin | 39.6% | 33.0% | — | 6.6pp | — |
| Net Margin | 24.8% | 19.0% | — | 5.7pp | — |
| EPS (Diluted) | $4.07 | $2.57 | — | 58.4% | — |
| Free Cash Flow | $140M | $145M | — | -3.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $802M |
| Cost of Revenue | $484M |
| GROSS PROFIT | $318M |
| R&D Expenses | $0 |
| Selling & Marketing | $18M |
| General & Administrative | $40M |
| SG&A Expenses | $58M |
| Other Expenses | $29.0K |
| Operating Expenses | $58M |
| Cost & Expenses | $542M |
| OPERATING INCOME | $260M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $262M |
| Income Tax Expense | $64M |
| Net Income from Continuing Ops | $198M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $199M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $199M |
| D&A | $17M |
| EBIT | $260M |
| EBITDA | $277M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $802M |
| Cost of Revenue | $484M |
| GROSS PROFIT | $318M |
| R&D Expenses | $0 |
| Selling & Marketing | $18M |
| General & Administrative | $40M |
| SG&A Expenses | $58M |
| Other Expenses | $29.0K |
| Operating Expenses | $58M |
| Cost & Expenses | $542M |
| OPERATING INCOME | $260M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $262M |
| Income Tax Expense | $64M |
| Net Income from Continuing Ops | $198M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $199M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $199M |
| D&A | $17M |
| EBIT | $260M |
| EBITDA | $277M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $198M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $784.0K |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$45M |
| OPERATING CASH FLOW | $172M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$101M |
| Sales/Maturities of Investments | $45M |
| Other Investing Activities | $14.0K |
| NET CASH FROM INVESTING | -$88M |
| Net Debt Issuance | -$39.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$42M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$42M |
| FREE CASH FLOW | $140M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $179M |
| Short-Term Investments | $201M |
| Net Receivables | $305M |
| Inventory | $281M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $974M |
| PP&E (Net) | $704M |
| Goodwill | $44M |
| Intangible Assets | $17M |
| Long-Term Investments | $18M |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $789M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $155M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $66M |
| TOTAL CURRENT LIABILITIES | $307M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $127M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $137M |
| TOTAL LIABILITIES | $443M |
| Common Stock | $751.0K |
| Additional Paid-In Capital | $70M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$28M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | -$652.0K |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $0 |
| Net Debt | -$179M |
