| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $669M | $655M | $567M | 2.0% | 18.0% |
| Op. Income | $66M | $62M | $51M | 6.6% | 28.8% |
| Gross Margin | 12.7% | 12.6% | 12.2% | 0.1pp | 0.5pp |
| Net Margin | 9.4% | 9.9% | 8.6% | -0.4pp | 0.8pp |
| EPS (Diluted) | $1.71 | $1.76 | $1.30 | -2.8% | 31.5% |
| Free Cash Flow | $31M | $50M | $1M | -39.1% | 2622.3% |
| Item | Amount |
|---|---|
| REVENUE | $669M |
| Cost of Revenue | $583M |
| GROSS PROFIT | $85M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $602M |
| OPERATING INCOME | $66M |
| Interest Income | $2M |
| Interest Expense | $389.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $11M |
| EBIT | $65M |
| EBITDA | $75M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $669M |
| Cost of Revenue | $583M |
| GROSS PROFIT | $85M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $602M |
| OPERATING INCOME | $66M |
| Interest Income | $2M |
| Interest Expense | $389.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $11M |
| EBIT | $65M |
| EBITDA | $75M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $63M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$38M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $23.0K |
| Purchases of Investments | -$49M |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$45M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$204.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$307.0K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $251M |
| Short-Term Investments | $277M |
| Net Receivables | $534M |
| Inventory | $537M |
| Other Current Assets | $41M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $305M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $37.0K |
| Tax Assets | $11M |
| Other Non-Current Assets | $598.0K |
| TOTAL NON-CURRENT ASSETS | $320M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $438M |
| Short-Term Debt | $12M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $550M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $34M |
| TOTAL LIABILITIES | $584M |
| Common Stock | $393.0K |
| Additional Paid-In Capital | $194M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$152M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $21M |
| Net Debt | -$230M |
