| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $268M | $262M | $262M | 2.4% | 2.1% |
| Op. Income | $126M | $172M | $172M | -26.8% | -26.6% |
| Gross Margin | 71.1% | 71.4% | 70.7% | -0.3pp | 0.3pp |
| Net Margin | 38.3% | 37.4% | 43.0% | 0.9pp | -4.7pp |
| EPS (Diluted) | $0.45 | $0.43 | $0.40 | 4.7% | 12.5% |
| Free Cash Flow | $170M | $162M | $162M | 4.5% | 4.7% |
| Item | Amount |
|---|---|
| REVENUE | $268M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $190M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $50M |
| Operating Expenses | $64M |
| Cost & Expenses | $142M |
| OPERATING INCOME | $126M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $103M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $103M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $103M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $103M |
| D&A | $50M |
| EBIT | $126M |
| EBITDA | $176M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $268M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $190M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $50M |
| Operating Expenses | $64M |
| Cost & Expenses | $142M |
| OPERATING INCOME | $126M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $103M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $103M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $103M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $103M |
| D&A | $50M |
| EBIT | $126M |
| EBITDA | $176M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $103M |
| Depreciation & Amortization | $51M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $491.0K |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $170M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$6.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$48M |
| Common Stock Repurchased | -$79.0K |
| Common Dividends Paid | -$111M |
| Other Financing Activities | -$817.0K |
| NET CASH FROM FINANCING | -$160M |
| FREE CASH FLOW | $170M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $32M |
| Inventory | $0 |
| Other Current Assets | $59M |
| TOTAL CURRENT ASSETS | $115M |
| PP&E (Net) | $50M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $100M |
| Tax Assets | $0 |
| Other Non-Current Assets | $6.0B |
| TOTAL NON-CURRENT ASSETS | $6.1B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $222M |
| Short-Term Debt | $15M |
| Deferred Revenue | $40M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $389M |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$431.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $66M |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $3.0B |
| Net Debt | $3.0B |
