| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $498M | $472M | $429M | 5.3% | 15.9% |
| Op. Income | $47M | $44M | $49M | 5.5% | -4.6% |
| Gross Margin | 36.3% | 35.6% | 37.6% | 0.7pp | -1.2pp |
| Net Margin | 7.4% | 7.7% | 8.6% | -0.3pp | -1.2pp |
| EPS (Diluted) | $0.85 | $0.84 | $0.87 | 1.2% | -2.3% |
| Free Cash Flow | $9M | -$2M | $17M | 600.3% | -48.1% |
| Item | Amount |
|---|---|
| REVENUE | $498M |
| Cost of Revenue | $317M |
| GROSS PROFIT | $181M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $128M |
| Other Expenses | $6M |
| Operating Expenses | $134M |
| Cost & Expenses | $451M |
| OPERATING INCOME | $47M |
| Interest Income | $941.0K |
| Interest Expense | $5M |
| Other Income/Expenses | $151.0K |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $0 |
| EBIT | $52M |
| EBITDA | $52M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $498M |
| Cost of Revenue | $317M |
| GROSS PROFIT | $181M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $128M |
| Other Expenses | $6M |
| Operating Expenses | $134M |
| Cost & Expenses | $451M |
| OPERATING INCOME | $47M |
| Interest Income | $941.0K |
| Interest Expense | $5M |
| Other Income/Expenses | $151.0K |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $0 |
| EBIT | $52M |
| EBITDA | $52M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$72M |
| Other Non-Cash Items | $89M |
| Change in Working Capital | -$62M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $241M |
| Short-Term Investments | $41M |
| Net Receivables | $549M |
| Inventory | $0 |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $845M |
| PP&E (Net) | $292M |
| Goodwill | $800M |
| Intangible Assets | $200M |
| Long-Term Investments | $34M |
| Tax Assets | $52M |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $84M |
| Short-Term Debt | $294.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $62M |
| TOTAL CURRENT LIABILITIES | $395M |
| Long-Term Debt | $54.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $83M |
| TOTAL NON-CURRENT LIABILITIES | $174M |
| TOTAL LIABILITIES | $569M |
| Common Stock | $51M |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $612M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $48M |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $126M |
| Net Debt | -$115M |
