| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $655M | $588M | $543M | 11.5% | 20.6% |
| Op. Income | $62M | $56M | $43M | 10.3% | 44.6% |
| Gross Margin | 12.6% | 12.7% | 11.7% | -0.1pp | 0.9pp |
| Net Margin | 9.9% | 9.6% | 8.2% | 0.3pp | 1.6pp |
| EPS (Diluted) | $1.76 | $1.51 | $1.20 | 16.6% | 46.7% |
| Free Cash Flow | $50M | $2M | $4M | 2889.0% | 1135.0% |
| Item | Amount |
|---|---|
| REVENUE | $655M |
| Cost of Revenue | $573M |
| GROSS PROFIT | $83M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $593M |
| OPERATING INCOME | $62M |
| Interest Income | $2M |
| Interest Expense | $391.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $688.0K |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $11M |
| EBIT | $66M |
| EBITDA | $77M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $655M |
| Cost of Revenue | $573M |
| GROSS PROFIT | $83M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $593M |
| OPERATING INCOME | $62M |
| Interest Income | $2M |
| Interest Expense | $391.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $688.0K |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $11M |
| EBIT | $66M |
| EBITDA | $77M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $65M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$219.0K |
| Other Non-Cash Items | -$582.0K |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | $61M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $9.0K |
| Purchases of Investments | -$26M |
| Sales/Maturities of Investments | $59M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $23M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$16M |
| NET CASH FROM FINANCING | -$27M |
| FREE CASH FLOW | $50M |
| Net Change in Cash | $57M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $255M |
| Short-Term Investments | $245M |
| Net Receivables | $477M |
| Inventory | $528M |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $298M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $141.0K |
| Tax Assets | $10M |
| Other Non-Current Assets | $663.0K |
| TOTAL NON-CURRENT ASSETS | $312M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $409M |
| Short-Term Debt | $12M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $526M |
| Long-Term Debt | $9M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $36M |
| TOTAL LIABILITIES | $562M |
| Common Stock | $392.0K |
| Additional Paid-In Capital | $188M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$152M |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $24M |
| Net Debt | -$231M |
