| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $214M | $200M | $162M | 7.1% | 32.3% |
| Op. Income | $35M | $18M | $21M | 91.7% | 64.8% |
| Gross Margin | 28.8% | 21.5% | 27.2% | 7.3pp | 1.6pp |
| Net Margin | 11.7% | 7.3% | 11.0% | 4.4pp | 0.7pp |
| EPS (Diluted) | $2.28 | $1.32 | $1.61 | 72.7% | 41.6% |
| Free Cash Flow | $6M | -$16M | $14M | 136.2% | -58.5% |
| Item | Amount |
|---|---|
| REVENUE | $214M |
| Cost of Revenue | $153M |
| GROSS PROFIT | $62M |
| R&D Expenses | $4M |
| Selling & Marketing | $8M |
| General & Administrative | $15M |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $179M |
| OPERATING INCOME | $35M |
| Interest Income | $118.0K |
| Interest Expense | $1M |
| Other Income/Expenses | $394.0K |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $5M |
| EBIT | $35M |
| EBITDA | $40M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $214M |
| Cost of Revenue | $153M |
| GROSS PROFIT | $62M |
| R&D Expenses | $4M |
| Selling & Marketing | $8M |
| General & Administrative | $15M |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $179M |
| OPERATING INCOME | $35M |
| Interest Income | $118.0K |
| Interest Expense | $1M |
| Other Income/Expenses | $394.0K |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $5M |
| EBIT | $35M |
| EBITDA | $40M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$213.0K |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | $22.0K |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | -$55.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $157.0K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $82M |
| Short-Term Investments | $14M |
| Net Receivables | $156M |
| Inventory | $196M |
| Other Current Assets | $29M |
| TOTAL CURRENT ASSETS | $475M |
| PP&E (Net) | $115M |
| Goodwill | $67M |
| Intangible Assets | $19M |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $236M |
| TOTAL ASSETS | $712M |
| Account Payables | $72M |
| Short-Term Debt | $221.0K |
| Deferred Revenue | $35M |
| Other Current Liabilities | $45M |
| TOTAL CURRENT LIABILITIES | $174M |
| Long-Term Debt | $115M |
| Deferred Revenue NC | $730.0K |
| Deferred Tax Liabilities | $730.0K |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $157M |
| TOTAL LIABILITIES | $331M |
| Common Stock | $19M |
| Additional Paid-In Capital | $93M |
| Retained Earnings | $565M |
| Treasury Stock | -$277M |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $381M |
| Minority Interest | $0 |
| TOTAL EQUITY | $381M |
| TOTAL LIABILITIES & EQUITY | $712M |
| Total Debt | $140M |
| Net Debt | $58M |
