| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $203M | $178M | $185M | 14.2% | 9.6% |
| Op. Income | $95M | $78M | $87M | 22.8% | 9.6% |
| Gross Margin | 73.5% | 71.0% | 73.7% | 2.5pp | -0.2pp |
| Net Margin | 36.2% | 33.3% | 34.9% | 2.9pp | 1.3pp |
| EPS (Diluted) | $1.96 | $1.58 | $1.71 | 24.1% | 14.6% |
| Free Cash Flow | -$3M | $116M | -$35M | -102.9% | 90.2% |
| Item | Amount |
|---|---|
| REVENUE | $203M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $149M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $54M |
| Operating Expenses | $54M |
| Cost & Expenses | $108M |
| OPERATING INCOME | $95M |
| Interest Income | $4M |
| Interest Expense | $130.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $74M |
| D&A | $18M |
| EBIT | $98M |
| EBITDA | $116M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $203M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $149M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $54M |
| Operating Expenses | $54M |
| Cost & Expenses | $108M |
| OPERATING INCOME | $95M |
| Interest Income | $4M |
| Interest Expense | $130.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $74M |
| D&A | $18M |
| EBIT | $98M |
| EBITDA | $116M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $74M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$88M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $33M |
| Purchases of Investments | -$23M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$33M |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | -$28M |
| Other Financing Activities | $707.0K |
| NET CASH FROM FINANCING | -$48M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$70M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $333M |
| Short-Term Investments | $41M |
| Net Receivables | $540M |
| Inventory | $0 |
| Other Current Assets | $51M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $164M |
| Goodwill | $155M |
| Intangible Assets | $94M |
| Long-Term Investments | $66M |
| Tax Assets | $0 |
| Other Non-Current Assets | $66M |
| TOTAL NON-CURRENT ASSETS | $545M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $47M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$25M |
| TOTAL CURRENT LIABILITIES | $401M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $106M |
| TOTAL LIABILITIES | $507M |
| Common Stock | $123.0K |
| Additional Paid-In Capital | $333M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$328M |
| Accum. Other Comp. Income | -$32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $81M |
| Net Debt | -$251M |
