| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.1B | 1.5% | 1.5% |
| Op. Income | $157M | $145M | $110M | 8.4% | 43.4% |
| Gross Margin | 35.3% | 34.0% | 34.4% | 1.3pp | 0.9pp |
| Net Margin | 10.5% | 9.7% | 6.6% | 0.8pp | 3.9pp |
| EPS (Diluted) | $0.63 | $0.57 | $0.38 | 10.5% | 65.8% |
| Free Cash Flow | $159M | -$47M | $91M | 435.2% | 74.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $715M |
| GROSS PROFIT | $390M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $229M |
| Other Expenses | $3M |
| Operating Expenses | $233M |
| Cost & Expenses | $948M |
| OPERATING INCOME | $157M |
| Interest Income | $3M |
| Interest Expense | $16M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $150M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $26M |
| EBIT | $166M |
| EBITDA | $192M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $715M |
| GROSS PROFIT | $390M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $229M |
| Other Expenses | $3M |
| Operating Expenses | $233M |
| Cost & Expenses | $948M |
| OPERATING INCOME | $157M |
| Interest Income | $3M |
| Interest Expense | $16M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $150M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $26M |
| EBIT | $166M |
| EBITDA | $192M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $116M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $30M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $171M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $8.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$87M |
| Common Stock Repurchased | -$121M |
| Common Dividends Paid | -$25M |
| Other Financing Activities | -$145.0K |
| NET CASH FROM FINANCING | -$216M |
| FREE CASH FLOW | $159M |
| Net Change in Cash | -$61M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $491M |
| Short-Term Investments | $0 |
| Net Receivables | $1.0B |
| Inventory | $0 |
| Other Current Assets | $50M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $359M |
| Goodwill | $1.7B |
| Intangible Assets | $71M |
| Long-Term Investments | $194M |
| Tax Assets | $131M |
| Other Non-Current Assets | $294M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $42M |
| Short-Term Debt | $129M |
| Deferred Revenue | $127M |
| Other Current Liabilities | $236M |
| TOTAL CURRENT LIABILITIES | $931M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $51M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $155M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $801M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$701M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $1.6B |
| Net Debt | $1.1B |
