| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.5B | $1.4B | -7.5% | 0.3% |
| Op. Income | $58M | $96M | $95M | -39.8% | -39.4% |
| Gross Margin | 23.6% | 24.9% | 25.3% | -1.2pp | -1.7pp |
| Net Margin | 2.9% | 4.6% | 5.0% | -1.7pp | -2.0pp |
| EPS (Diluted) | $2.13 | $3.65 | $3.61 | -41.6% | -41.0% |
| Free Cash Flow | $5M | -$2M | $48M | 347.6% | -89.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $326M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $269M |
| SG&A Expenses | $269M |
| Other Expenses | -$597.2K |
| Operating Expenses | $268M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $58M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $29M |
| EBIT | $59M |
| EBITDA | $88M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $326M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $269M |
| SG&A Expenses | $269M |
| Other Expenses | -$597.2K |
| Operating Expenses | $268M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $58M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $29M |
| EBIT | $59M |
| EBITDA | $88M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $631.5K |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $620.6K |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $250M |
| Short-Term Investments | $0 |
| Net Receivables | $97M |
| Inventory | $474M |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $854M |
| PP&E (Net) | $1.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $43M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $192M |
| Short-Term Debt | $18M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $292M |
| Long-Term Debt | $539M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $70M |
| Other Non-Current Liabilities | $44M |
| TOTAL NON-CURRENT LIABILITIES | $688M |
| TOTAL LIABILITIES | $981M |
| Common Stock | $949.7K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $599M |
| Net Debt | $349M |
