| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $277M | $274M | $231M | 0.8% | 20.0% |
| Op. Income | $56M | $54M | $46M | 4.4% | 21.4% |
| Gross Margin | 74.4% | 74.3% | 74.3% | 0.1pp | 0.1pp |
| Net Margin | 17.8% | 18.2% | 16.5% | -0.5pp | 1.2pp |
| EPS (Diluted) | $0.48 | $0.49 | $0.37 | -2.0% | 29.7% |
| Free Cash Flow | $37M | $46M | $25M | -18.2% | 51.0% |
| Item | Amount |
|---|---|
| REVENUE | $277M |
| Cost of Revenue | $71M |
| GROSS PROFIT | $206M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $122M |
| Other Expenses | $6M |
| Operating Expenses | $149M |
| Cost & Expenses | $220M |
| OPERATING INCOME | $56M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $18M |
| EBIT | $58M |
| EBITDA | $76M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $277M |
| Cost of Revenue | $71M |
| GROSS PROFIT | $206M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $122M |
| Other Expenses | $6M |
| Operating Expenses | $149M |
| Cost & Expenses | $220M |
| OPERATING INCOME | $56M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $18M |
| EBIT | $58M |
| EBITDA | $76M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $49M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $53M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$69M |
| Sales/Maturities of Investments | $99M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | $67M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $218M |
| Short-Term Investments | $287M |
| Net Receivables | $226M |
| Inventory | $321M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $245M |
| Goodwill | $199M |
| Intangible Assets | $59M |
| Long-Term Investments | $480M |
| Tax Assets | $51M |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $40M |
| Short-Term Debt | $0 |
| Deferred Revenue | $14M |
| Other Current Liabilities | $56M |
| TOTAL CURRENT LIABILITIES | $168M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $66M |
| TOTAL NON-CURRENT LIABILITIES | $67M |
| TOTAL LIABILITIES | $235M |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $645M |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $0 |
| Net Debt | -$218M |
