| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $365M | $393M | $334M | -7.2% | 9.3% |
| Op. Income | $41M | $64M | $23M | -36.1% | 78.9% |
| Gross Margin | 22.4% | 22.8% | 19.8% | -0.3pp | 2.7pp |
| Net Margin | 7.3% | 11.4% | 2.7% | -4.0pp | 4.7pp |
| EPS (Diluted) | $0.31 | $0.53 | $0.11 | -41.5% | 181.8% |
| Free Cash Flow | $18M | $20M | $20M | -12.8% | -9.2% |
| Item | Amount |
|---|---|
| REVENUE | $365M |
| Cost of Revenue | $283M |
| GROSS PROFIT | $82M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $29M |
| Other Expenses | $400.0K |
| Operating Expenses | $41M |
| Cost & Expenses | $324M |
| OPERATING INCOME | $41M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $31M |
| EBIT | $41M |
| EBITDA | $72M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $365M |
| Cost of Revenue | $283M |
| GROSS PROFIT | $82M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $29M |
| Other Expenses | $400.0K |
| Operating Expenses | $41M |
| Cost & Expenses | $324M |
| OPERATING INCOME | $41M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $31M |
| EBIT | $41M |
| EBITDA | $72M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $91M |
| Short-Term Investments | $0 |
| Net Receivables | $236M |
| Inventory | $303M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $685M |
| PP&E (Net) | $1.6B |
| Goodwill | $0 |
| Intangible Assets | $253M |
| Long-Term Investments | $47M |
| Tax Assets | $0 |
| Other Non-Current Assets | $161M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $113M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $109M |
| TOTAL CURRENT LIABILITIES | $284M |
| Long-Term Debt | $796M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $121M |
| Other Non-Current Liabilities | $129M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $899M |
| Retained Earnings | $2.1B |
| Treasury Stock | -$1.3B |
| Accum. Other Comp. Income | -$249M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $797M |
| Net Debt | $706M |
