| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.1B | 2.7% | 2.2% |
| Op. Income | $166M | $157M | $131M | 5.3% | 26.6% |
| Gross Margin | 35.5% | 35.3% | 35.4% | 0.2pp | 0.0pp |
| Net Margin | 10.4% | 10.5% | 8.6% | -0.2pp | 1.7pp |
| EPS (Diluted) | $0.64 | $0.63 | $0.51 | 1.6% | 25.5% |
| Free Cash Flow | $147M | $159M | $217M | -7.4% | -32.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $733M |
| GROSS PROFIT | $403M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $230M |
| Other Expenses | $7M |
| Operating Expenses | $237M |
| Cost & Expenses | $970M |
| OPERATING INCOME | $166M |
| Interest Income | $5M |
| Interest Expense | $18M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $155M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $118M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $118M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $118M |
| D&A | $25M |
| EBIT | $173M |
| EBITDA | $198M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $733M |
| GROSS PROFIT | $403M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $230M |
| Other Expenses | $7M |
| Operating Expenses | $237M |
| Cost & Expenses | $970M |
| OPERATING INCOME | $166M |
| Interest Income | $5M |
| Interest Expense | $18M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $155M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $118M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $118M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $118M |
| D&A | $25M |
| EBIT | $173M |
| EBITDA | $198M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $118M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $28M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $162M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $4.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$57M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$25M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$81M |
| FREE CASH FLOW | $147M |
| Net Change in Cash | $50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $541M |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $0 |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $356M |
| Goodwill | $1.7B |
| Intangible Assets | $62M |
| Long-Term Investments | $0 |
| Tax Assets | $138M |
| Other Non-Current Assets | $496M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $27M |
| Short-Term Debt | $81M |
| Deferred Revenue | $114M |
| Other Current Liabilities | $419M |
| TOTAL CURRENT LIABILITIES | $979M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $53M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $157M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $894M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$742M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $1.5B |
| Net Debt | $999M |
