| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $406M | $420M | $417M | -3.3% | -2.6% |
| Op. Income | $23M | $24M | $28M | -2.3% | -15.6% |
| Gross Margin | 28.1% | 28.5% | 29.7% | -0.4pp | -1.6pp |
| Net Margin | 4.0% | 1.7% | 4.6% | 2.3pp | -0.6pp |
| EPS (Diluted) | $0.80 | $0.35 | $0.90 | 128.6% | -11.1% |
| Free Cash Flow | $17M | $9M | $37M | 85.0% | -52.9% |
| Item | Amount |
|---|---|
| REVENUE | $406M |
| Cost of Revenue | $292M |
| GROSS PROFIT | $114M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $89M |
| SG&A Expenses | $89M |
| Other Expenses | $1M |
| Operating Expenses | $91M |
| Cost & Expenses | $383M |
| OPERATING INCOME | $23M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $1M |
| EBIT | $23M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $406M |
| Cost of Revenue | $292M |
| GROSS PROFIT | $114M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $89M |
| SG&A Expenses | $89M |
| Other Expenses | $1M |
| Operating Expenses | $91M |
| Cost & Expenses | $383M |
| OPERATING INCOME | $23M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $1M |
| EBIT | $23M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | -$750.0K |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$14.0K |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | $50.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $171.0K |
| Short-Term Investments | $0 |
| Net Receivables | $267M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $275M |
| PP&E (Net) | $27M |
| Goodwill | $25M |
| Intangible Assets | $15M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $40M |
| TOTAL NON-CURRENT ASSETS | $110M |
| TOTAL ASSETS | $385M |
| Account Payables | $48M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $772.0K |
| TOTAL CURRENT LIABILITIES | $126M |
| Long-Term Debt | $22M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $37M |
| TOTAL NON-CURRENT LIABILITIES | $74M |
| TOTAL LIABILITIES | $199M |
| Common Stock | $732.0K |
| Additional Paid-In Capital | $513M |
| Retained Earnings | $502M |
| Treasury Stock | -$829M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $186M |
| Minority Interest | $0 |
| TOTAL EQUITY | $186M |
| TOTAL LIABILITIES & EQUITY | $385M |
| Total Debt | $41M |
| Net Debt | $40M |
