| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $389M | $406M | $437M | -4.1% | -10.8% |
| Op. Income | $26M | $23M | $34M | 10.8% | -23.4% |
| Gross Margin | 28.3% | 28.1% | 30.0% | 0.3pp | -1.7pp |
| Net Margin | 4.8% | 4.0% | 6.2% | 0.8pp | -1.4pp |
| EPS (Diluted) | $0.92 | $0.80 | $1.27 | 15.0% | -27.6% |
| Free Cash Flow | $18M | $17M | $31M | 6.5% | -40.6% |
| Item | Amount |
|---|---|
| REVENUE | $389M |
| Cost of Revenue | $279M |
| GROSS PROFIT | $110M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $83M |
| SG&A Expenses | $83M |
| Other Expenses | $1M |
| Operating Expenses | $84M |
| Cost & Expenses | $363M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$313.0K |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $1M |
| EBIT | $26M |
| EBITDA | $27M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $389M |
| Cost of Revenue | $279M |
| GROSS PROFIT | $110M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $83M |
| SG&A Expenses | $83M |
| Other Expenses | $1M |
| Operating Expenses | $84M |
| Cost & Expenses | $363M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$313.0K |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $1M |
| EBIT | $26M |
| EBITDA | $27M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $705.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$193.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $4.0K |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | -$24.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $147.0K |
| Short-Term Investments | $0 |
| Net Receivables | $251M |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $259M |
| PP&E (Net) | $23M |
| Goodwill | $25M |
| Intangible Assets | $15M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $42M |
| TOTAL NON-CURRENT ASSETS | $109M |
| TOTAL ASSETS | $368M |
| Account Payables | $46M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $464.0K |
| TOTAL CURRENT LIABILITIES | $104M |
| Long-Term Debt | $25M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $76M |
| TOTAL LIABILITIES | $180M |
| Common Stock | $732.0K |
| Additional Paid-In Capital | $517M |
| Retained Earnings | $513M |
| Treasury Stock | -$843M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $188M |
| Minority Interest | $0 |
| TOTAL EQUITY | $188M |
| TOTAL LIABILITIES & EQUITY | $368M |
| Total Debt | $39M |
| Net Debt | $39M |
