| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $814M | $808M | $954M | 0.8% | -14.7% |
| Op. Income | $36M | $19M | -$2M | 88.0% | 1895.0% |
| Gross Margin | 11.8% | 9.5% | 3.0% | 2.3pp | 8.7pp |
| Net Margin | 2.2% | 2.0% | -1.4% | 0.3pp | 3.7pp |
| EPS (Diluted) | $1.14 | $0.99 | $-0.87 | 15.2% | 231.0% |
| Free Cash Flow | $27M | -$61M | -$12M | 143.3% | 329.3% |
| Item | Amount |
|---|---|
| REVENUE | $814M |
| Cost of Revenue | $718M |
| GROSS PROFIT | $96M |
| R&D Expenses | $0 |
| Selling & Marketing | $32M |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $28M |
| Operating Expenses | $60M |
| Cost & Expenses | $778M |
| OPERATING INCOME | $36M |
| Interest Income | $200.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $27M |
| EBIT | $33M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $814M |
| Cost of Revenue | $718M |
| GROSS PROFIT | $96M |
| R&D Expenses | $0 |
| Selling & Marketing | $32M |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $28M |
| Operating Expenses | $60M |
| Cost & Expenses | $778M |
| OPERATING INCOME | $36M |
| Interest Income | $200.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $27M |
| EBIT | $33M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $600.0K |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $68M |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$300.0K |
| NET CASH FROM INVESTING | -$42M |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | -$400.0K |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$38M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $445M |
| Inventory | $498M |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $997M |
| PP&E (Net) | $1.1B |
| Goodwill | $19M |
| Intangible Assets | $53M |
| Long-Term Investments | $19M |
| Tax Assets | $5M |
| Other Non-Current Assets | $97M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $236M |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $49M |
| TOTAL CURRENT LIABILITIES | $355M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $181M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $22M |
| Treasury Stock | -$476M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $638M |
| Minority Interest | $0 |
| TOTAL EQUITY | $638M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $1.1B |
| Net Debt | $1.1B |
