| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $363M | $324M | $334M | 12.1% | 8.5% |
| Op. Income | $220M | $198M | $204M | 11.1% | 7.8% |
| Gross Margin | 86.8% | 85.5% | 86.4% | 1.4pp | 0.5pp |
| Net Margin | 9.7% | 7.8% | 6.9% | 2.0pp | 2.8pp |
| EPS (Diluted) | $0.57 | $0.50 | $0.53 | 14.0% | 7.5% |
| Free Cash Flow | $163M | $162M | $169M | 0.7% | -3.6% |
| Item | Amount |
|---|---|
| REVENUE | $363M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $315M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $89M |
| Operating Expenses | $95M |
| Cost & Expenses | $143M |
| OPERATING INCOME | $220M |
| Interest Income | $0 |
| Interest Expense | $46M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | $176M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $165M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $48M |
| EBIT | $222M |
| EBITDA | $270M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $363M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $315M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $89M |
| Operating Expenses | $95M |
| Cost & Expenses | $143M |
| OPERATING INCOME | $220M |
| Interest Income | $0 |
| Interest Expense | $46M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | $176M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $165M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $48M |
| EBIT | $222M |
| EBITDA | $270M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $300.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $146M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $216M |
| Capital Expenditure | -$53M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$53M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | -$34M |
| Other Financing Activities | -$28M |
| NET CASH FROM FINANCING | -$163M |
| FREE CASH FLOW | $163M |
| Net Change in Cash | $300.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $122M |
| Inventory | $0 |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $138M |
| PP&E (Net) | $3.2B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $91M |
| Tax Assets | $0 |
| Other Non-Current Assets | $339M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $28M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $40M |
| TOTAL CURRENT LIABILITIES | $174M |
| Long-Term Debt | $3.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $367M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $367M |
| Minority Interest | $78M |
| TOTAL EQUITY | $445M |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $3.1B |
| Net Debt | $3.1B |
