| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $180M | $203M | $182M | -11.5% | -1.3% |
| Op. Income | $76M | $95M | $85M | -20.6% | -10.7% |
| Gross Margin | 69.5% | 73.5% | 73.3% | -4.0pp | -3.8pp |
| Net Margin | 33.3% | 36.2% | 36.7% | -3.0pp | -3.4pp |
| EPS (Diluted) | $1.60 | $1.96 | $1.78 | -18.4% | -10.1% |
| Free Cash Flow | $93M | -$3M | $83M | 2860.8% | 12.1% |
| Item | Amount |
|---|---|
| REVENUE | $180M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $125M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $49M |
| Operating Expenses | $49M |
| Cost & Expenses | $104M |
| OPERATING INCOME | $76M |
| Interest Income | $5M |
| Interest Expense | $53.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $18M |
| EBIT | $79M |
| EBITDA | $97M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $180M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $125M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $49M |
| Operating Expenses | $49M |
| Cost & Expenses | $104M |
| OPERATING INCOME | $76M |
| Interest Income | $5M |
| Interest Expense | $53.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $18M |
| EBIT | $79M |
| EBITDA | $97M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $60M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $105M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $11M |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $923.0K |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$155.0K |
| Common Dividends Paid | -$27M |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | -$40M |
| FREE CASH FLOW | $93M |
| Net Change in Cash | $55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $396M |
| Short-Term Investments | $20M |
| Net Receivables | $464M |
| Inventory | $0 |
| Other Current Assets | $52M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $163M |
| Goodwill | $155M |
| Intangible Assets | $90M |
| Long-Term Investments | $89M |
| Tax Assets | $0 |
| Other Non-Current Assets | $82M |
| TOTAL NON-CURRENT ASSETS | $578M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $32M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$36M |
| TOTAL CURRENT LIABILITIES | $338M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $116M |
| TOTAL LIABILITIES | $454M |
| Common Stock | $123.0K |
| Additional Paid-In Capital | $340M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$328M |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $80M |
| Net Debt | -$317M |
