| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $275M | $277M | $249M | -0.8% | 10.6% |
| Op. Income | $24M | $24M | $27M | -0.9% | -9.2% |
| Gross Margin | 55.1% | 54.8% | 57.2% | 0.4pp | -2.1pp |
| Net Margin | 16.8% | -60.7% | 6.0% | 77.5pp | 10.8pp |
| EPS (Diluted) | $1.48 | $-5.65 | $0.47 | 126.2% | 214.9% |
| Free Cash Flow | $19M | $13M | $16M | 47.2% | 21.5% |
| Item | Amount |
|---|---|
| REVENUE | $275M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $152M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $115M |
| Other Expenses | $0 |
| Operating Expenses | $127M |
| Cost & Expenses | $251M |
| OPERATING INCOME | $24M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | -$30M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $18M |
| EBIT | $24M |
| EBITDA | $42M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $275M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $152M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $115M |
| Other Expenses | $0 |
| Operating Expenses | $127M |
| Cost & Expenses | $251M |
| OPERATING INCOME | $24M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | -$30M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $18M |
| EBIT | $24M |
| EBITDA | $42M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$32M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$85M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$91M |
| Net Debt Issuance | $53M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$33.0K |
| NET CASH FROM FINANCING | $47M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $0 |
| Net Receivables | $197M |
| Inventory | $305M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $574M |
| PP&E (Net) | $114M |
| Goodwill | $814M |
| Intangible Assets | $689M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $100M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $74M |
| Short-Term Debt | $237.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $134M |
| TOTAL CURRENT LIABILITIES | $209M |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $113M |
| Other Non-Current Liabilities | $218M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $313.0K |
| Additional Paid-In Capital | $407M |
| Retained Earnings | $392M |
| Treasury Stock | -$23M |
| Accum. Other Comp. Income | -$60M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $716M |
| Minority Interest | $0 |
| TOTAL EQUITY | $716M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $1.0B |
| Net Debt | $1.0B |
