| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $332M | $312M | $318M | 6.3% | 4.5% |
| Op. Income | $47M | $35M | $27M | 34.5% | 71.8% |
| Gross Margin | 55.3% | 55.1% | 53.7% | 0.3pp | 1.6pp |
| Net Margin | 9.0% | 6.3% | 4.3% | 2.7pp | 4.7pp |
| EPS (Diluted) | $0.96 | $0.63 | $0.43 | 52.4% | 123.3% |
| Free Cash Flow | $40M | $27M | $22M | 46.6% | 79.4% |
| Item | Amount |
|---|---|
| REVENUE | $332M |
| Cost of Revenue | $148M |
| GROSS PROFIT | $184M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $123M |
| Other Expenses | $0 |
| Operating Expenses | $137M |
| Cost & Expenses | $285M |
| OPERATING INCOME | $47M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $18M |
| EBIT | $47M |
| EBITDA | $65M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $332M |
| Cost of Revenue | $148M |
| GROSS PROFIT | $184M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $123M |
| Other Expenses | $0 |
| Operating Expenses | $137M |
| Cost & Expenses | $285M |
| OPERATING INCOME | $47M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $18M |
| EBIT | $47M |
| EBITDA | $65M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$26M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | -$44M |
| FREE CASH FLOW | $40M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $0 |
| Net Receivables | $239M |
| Inventory | $322M |
| Other Current Assets | $33M |
| TOTAL CURRENT ASSETS | $624M |
| PP&E (Net) | $117M |
| Goodwill | $806M |
| Intangible Assets | $633M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $105M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $101M |
| Short-Term Debt | $716.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $164M |
| TOTAL CURRENT LIABILITIES | $266M |
| Long-Term Debt | $965M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $65M |
| Other Non-Current Liabilities | $107M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $313.0K |
| Additional Paid-In Capital | $465M |
| Retained Earnings | $490M |
| Treasury Stock | -$19M |
| Accum. Other Comp. Income | -$54M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $882M |
| Minority Interest | $0 |
| TOTAL EQUITY | $882M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $966M |
| Net Debt | $937M |
