| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $340M | $347M | $377M | -2.1% | -9.8% |
| Op. Income | $72M | $75M | $72M | -4.5% | 0.5% |
| Gross Margin | 43.4% | 42.3% | 45.7% | 1.1pp | -2.3pp |
| Net Margin | 18.3% | 17.3% | 15.1% | 1.0pp | 3.2pp |
| EPS (Diluted) | $1.31 | $1.26 | $1.10 | 4.0% | 19.1% |
| Free Cash Flow | $41M | $4M | $44M | 956.0% | -7.0% |
| Item | Amount |
|---|---|
| REVENUE | $340M |
| Cost of Revenue | $192M |
| GROSS PROFIT | $148M |
| R&D Expenses | $24M |
| Selling & Marketing | $20M |
| General & Administrative | $30M |
| SG&A Expenses | $50M |
| Other Expenses | $2M |
| Operating Expenses | $76M |
| Cost & Expenses | $268M |
| OPERATING INCOME | $72M |
| Interest Income | $9M |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $82M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $17M |
| EBIT | $74M |
| EBITDA | $92M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $340M |
| Cost of Revenue | $192M |
| GROSS PROFIT | $148M |
| R&D Expenses | $24M |
| Selling & Marketing | $20M |
| General & Administrative | $30M |
| SG&A Expenses | $50M |
| Other Expenses | $2M |
| Operating Expenses | $76M |
| Cost & Expenses | $268M |
| OPERATING INCOME | $72M |
| Interest Income | $9M |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $82M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $17M |
| EBIT | $74M |
| EBITDA | $92M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $62M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | $67M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $140.0K |
| Purchases of Investments | -$240M |
| Sales/Maturities of Investments | $270M |
| Other Investing Activities | $219.0K |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | $63.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | $52M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $573M |
| Short-Term Investments | $523M |
| Net Receivables | $231M |
| Inventory | $491M |
| Other Current Assets | $54M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $609M |
| Goodwill | $38M |
| Intangible Assets | $30M |
| Long-Term Investments | $0 |
| Tax Assets | $70M |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $772M |
| TOTAL ASSETS | $2.7B |
| Account Payables | $37M |
| Short-Term Debt | $0 |
| Deferred Revenue | $76M |
| Other Current Liabilities | $76M |
| TOTAL CURRENT LIABILITIES | $228M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $70M |
| TOTAL LIABILITIES | $298M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $970M |
| Retained Earnings | $2.7B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$219M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $18M |
| Net Debt | -$555M |
