| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $173M | $180M | $172M | -3.8% | 0.5% |
| Op. Income | $64M | $76M | $76M | -15.8% | -16.5% |
| Gross Margin | 67.9% | 69.5% | 70.8% | -1.7pp | -3.0pp |
| Net Margin | 31.8% | 33.3% | 34.5% | -1.5pp | -2.7pp |
| EPS (Diluted) | $1.46 | $1.60 | $1.58 | -8.8% | -7.6% |
| Free Cash Flow | $63M | $93M | $73M | -32.4% | -13.1% |
| Item | Amount |
|---|---|
| REVENUE | $173M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $117M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $54M |
| Operating Expenses | $54M |
| Cost & Expenses | $109M |
| OPERATING INCOME | $64M |
| Interest Income | $7M |
| Interest Expense | $164.0K |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $19M |
| EBIT | $72M |
| EBITDA | $91M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $173M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $117M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $54M |
| Operating Expenses | $54M |
| Cost & Expenses | $109M |
| OPERATING INCOME | $64M |
| Interest Income | $7M |
| Interest Expense | $164.0K |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $19M |
| EBIT | $72M |
| EBITDA | $91M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$395.0K |
| OPERATING CASH FLOW | $79M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$27M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$23M |
| FREE CASH FLOW | $63M |
| Net Change in Cash | $32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $420M |
| Short-Term Investments | $19M |
| Net Receivables | $526M |
| Inventory | $0 |
| Other Current Assets | $53M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $165M |
| Goodwill | $155M |
| Intangible Assets | $85M |
| Long-Term Investments | $114M |
| Tax Assets | $0 |
| Other Non-Current Assets | $89M |
| TOTAL NON-CURRENT ASSETS | $607M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $40M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $423M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $44M |
| TOTAL NON-CURRENT LIABILITIES | $123M |
| TOTAL LIABILITIES | $547M |
| Common Stock | $123.0K |
| Additional Paid-In Capital | $347M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$327M |
| Accum. Other Comp. Income | -$38M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $79M |
| Net Debt | -$341M |
