| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.0B | $980M | 6.3% | 10.5% |
| Op. Income | $64M | $41M | $49M | 57.7% | 30.0% |
| Gross Margin | 14.2% | 12.4% | 14.0% | 1.8pp | 0.2pp |
| Net Margin | 4.7% | 2.7% | 3.7% | 1.9pp | 0.9pp |
| EPS (Diluted) | $1.12 | $0.62 | $0.81 | 80.6% | 38.3% |
| Free Cash Flow | $92M | -$5M | $69M | 1859.6% | 32.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $930M |
| GROSS PROFIT | $154M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $41M |
| SG&A Expenses | $41M |
| Other Expenses | $49M |
| Operating Expenses | $89M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $64M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | -$100.0K |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $43M |
| EBIT | $65M |
| EBITDA | $107M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $930M |
| GROSS PROFIT | $154M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $41M |
| SG&A Expenses | $41M |
| Other Expenses | $49M |
| Operating Expenses | $89M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $64M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | -$100.0K |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $43M |
| EBIT | $65M |
| EBITDA | $107M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $43M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $29M |
| OPERATING CASH FLOW | $133M |
| Capital Expenditure | -$41M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$40M |
| Net Debt Issuance | -$95M |
| Common Stock Repurchased | -$100.0K |
| Common Dividends Paid | -$200.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$94M |
| FREE CASH FLOW | $92M |
| Net Change in Cash | -$900.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $73M |
| Inventory | $90M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $213M |
| PP&E (Net) | $1.9B |
| Goodwill | $195M |
| Intangible Assets | $25M |
| Long-Term Investments | $0 |
| Tax Assets | $81M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $164M |
| Short-Term Debt | $13M |
| Deferred Revenue | $79M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $586M |
| Long-Term Debt | $870M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $58M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $6M |
| Additional Paid-In Capital | $692M |
| Retained Earnings | -$406M |
| Treasury Stock | -$496M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$210M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$210M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $2.2B |
| Net Debt | $2.2B |
