| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $423M | $380M | $390M | 11.5% | 8.5% |
| Op. Income | $108M | $90M | $124M | 19.1% | -13.4% |
| Gross Margin | 28.2% | 28.2% | 37.8% | -0.1pp | -9.7pp |
| Net Margin | 20.2% | 21.6% | 25.2% | -1.5pp | -5.1pp |
| EPS (Diluted) | $1.64 | $1.58 | $1.90 | 3.8% | -13.7% |
| Free Cash Flow | $32M | -$12M | $206M | 376.1% | -84.4% |
| Item | Amount |
|---|---|
| REVENUE | $423M |
| Cost of Revenue | $304M |
| GROSS PROFIT | $119M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $347.0K |
| Operating Expenses | $11M |
| Cost & Expenses | $316M |
| OPERATING INCOME | $108M |
| Interest Income | $7M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $102M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $34M |
| EBIT | $108M |
| EBITDA | $142M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $423M |
| Cost of Revenue | $304M |
| GROSS PROFIT | $119M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $347.0K |
| Operating Expenses | $11M |
| Cost & Expenses | $316M |
| OPERATING INCOME | $108M |
| Interest Income | $7M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $102M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $34M |
| EBIT | $108M |
| EBITDA | $142M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $85M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $14M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $139M |
| Capital Expenditure | -$107M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$112M |
| Net Debt Issuance | -$163M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$167M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | -$141M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $687M |
| Short-Term Investments | $9M |
| Net Receivables | $300M |
| Inventory | $109M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $1.1B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $44M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $144M |
| Long-Term Debt | $153M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $75M |
| Other Non-Current Liabilities | $92M |
| TOTAL NON-CURRENT LIABILITIES | $330M |
| TOTAL LIABILITIES | $474M |
| Common Stock | $542.0K |
| Additional Paid-In Capital | $275M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$51M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $176M |
| Net Debt | -$510M |
