| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $167M | $165M | $190M | 1.6% | -12.1% |
| Op. Income | $23M | $27M | $28M | -13.3% | -15.9% |
| Gross Margin | 31.4% | 32.3% | 30.0% | -0.9pp | 1.4pp |
| Net Margin | 11.5% | 10.3% | 9.4% | 1.2pp | 2.1pp |
| EPS (Diluted) | $1.74 | $1.53 | $1.62 | 13.7% | 7.4% |
| Free Cash Flow | $55M | $45M | $25M | 21.7% | 123.7% |
| Item | Amount |
|---|---|
| REVENUE | $167M |
| Cost of Revenue | $115M |
| GROSS PROFIT | $53M |
| R&D Expenses | $5M |
| Selling & Marketing | $9M |
| General & Administrative | $15M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $144M |
| OPERATING INCOME | $23M |
| Interest Income | $1M |
| Interest Expense | $893.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $6M |
| 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 | $5M |
| EBIT | $26M |
| EBITDA | $31M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $167M |
| Cost of Revenue | $115M |
| GROSS PROFIT | $53M |
| R&D Expenses | $5M |
| Selling & Marketing | $9M |
| General & Administrative | $15M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $144M |
| OPERATING INCOME | $23M |
| Interest Income | $1M |
| Interest Expense | $893.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $6M |
| 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 | $5M |
| EBIT | $26M |
| EBITDA | $31M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$28.0K |
| Change in Working Capital | $33M |
| OPERATING CASH FLOW | $61M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$31M |
| Purchases of Investments | $31M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | -$30M |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | -$56.0K |
| Common Stock Repurchased | -$130.0K |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $130.0K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $55M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $161M |
| Short-Term Investments | $6M |
| Net Receivables | $145M |
| Inventory | $156M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $487M |
| PP&E (Net) | $117M |
| Goodwill | $83M |
| Intangible Assets | $28M |
| Long-Term Investments | $0 |
| Tax Assets | $11M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $258M |
| TOTAL ASSETS | $746M |
| Account Payables | $44M |
| Short-Term Debt | $226.0K |
| Deferred Revenue | $22M |
| Other Current Liabilities | $57M |
| TOTAL CURRENT LIABILITIES | $136M |
| Long-Term Debt | $115M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $689.0K |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $154M |
| TOTAL LIABILITIES | $290M |
| Common Stock | $19M |
| Additional Paid-In Capital | $99M |
| Retained Earnings | $636M |
| Treasury Stock | -$277M |
| Accum. Other Comp. Income | -$21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $456M |
| Minority Interest | $0 |
| TOTAL EQUITY | $456M |
| TOTAL LIABILITIES & EQUITY | $746M |
| Total Debt | $136M |
| Net Debt | -$25M |
