| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $665M | $669M | $564M | -0.5% | 17.9% |
| Op. Income | $62M | $66M | $54M | -6.7% | 15.2% |
| Gross Margin | 12.9% | 12.7% | 12.5% | 0.2pp | 0.4pp |
| Net Margin | 8.9% | 9.4% | 9.0% | -0.5pp | -0.1pp |
| EPS (Diluted) | $1.60 | $1.71 | $1.35 | -6.4% | 18.5% |
| Free Cash Flow | $17M | $31M | $27M | -44.4% | -36.3% |
| Item | Amount |
|---|---|
| REVENUE | $665M |
| Cost of Revenue | $579M |
| GROSS PROFIT | $86M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $6M |
| Operating Expenses | $24M |
| Cost & Expenses | $603M |
| OPERATING INCOME | $62M |
| Interest Income | $3M |
| Interest Expense | $399.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $11M |
| EBIT | $64M |
| EBITDA | $75M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $665M |
| Cost of Revenue | $579M |
| GROSS PROFIT | $86M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $6M |
| Operating Expenses | $24M |
| Cost & Expenses | $603M |
| OPERATING INCOME | $62M |
| Interest Income | $3M |
| Interest Expense | $399.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $11M |
| EBIT | $64M |
| EBITDA | $75M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $59M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$278.0K |
| Change in Working Capital | -$41M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $85.0K |
| Purchases of Investments | -$80M |
| Sales/Maturities of Investments | $51M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$49M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$944.0K |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $231M |
| Short-Term Investments | $308M |
| Net Receivables | $561M |
| Inventory | $554M |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $311M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $10.0K |
| Tax Assets | $10M |
| Other Non-Current Assets | $648.0K |
| TOTAL NON-CURRENT ASSETS | $324M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $436M |
| Short-Term Debt | $12M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $555M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $32M |
| TOTAL LIABILITIES | $587M |
| Common Stock | $393.0K |
| Additional Paid-In Capital | $200M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$156M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $17M |
| Net Debt | -$214M |
