| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $383M | $354M | $338M | 8.2% | 13.3% |
| Op. Income | $82M | $52M | $61M | 58.7% | 33.2% |
| Gross Margin | 37.3% | 36.0% | 38.6% | 1.4pp | -1.3pp |
| Net Margin | 13.7% | 6.4% | 7.3% | 7.3pp | 6.4pp |
| EPS (Diluted) | $2.18 | $0.84 | $1.00 | 159.5% | 118.0% |
| Free Cash Flow | $83M | $30M | $40M | 177.1% | 108.7% |
| Item | Amount |
|---|---|
| REVENUE | $383M |
| Cost of Revenue | $240M |
| GROSS PROFIT | $143M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $61M |
| Other Expenses | $0 |
| Operating Expenses | $61M |
| Cost & Expenses | $301M |
| OPERATING INCOME | $82M |
| Interest Income | $704.0K |
| Interest Expense | $7M |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | $95M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $840.0K |
| EBIT | $102M |
| EBITDA | $103M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $383M |
| Cost of Revenue | $240M |
| GROSS PROFIT | $143M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $61M |
| Other Expenses | $0 |
| Operating Expenses | $61M |
| Cost & Expenses | $301M |
| OPERATING INCOME | $82M |
| Interest Income | $704.0K |
| Interest Expense | $7M |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | $95M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $840.0K |
| EBIT | $102M |
| EBITDA | $103M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $840.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $24M |
| Other Non-Cash Items | -$19M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $83M |
| Capital Expenditure | -$371.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$55M |
| Common Stock Repurchased | -$60.0K |
| Common Dividends Paid | -$141.0K |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$53M |
| FREE CASH FLOW | $83M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66M |
| Short-Term Investments | $0 |
| Net Receivables | $157M |
| Inventory | $0 |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $261M |
| PP&E (Net) | $702M |
| Goodwill | $227M |
| Intangible Assets | $113M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $61M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.4B |
| Account Payables | $16M |
| Short-Term Debt | $74M |
| Deferred Revenue | $132M |
| Other Current Liabilities | $128M |
| TOTAL CURRENT LIABILITIES | $511M |
| Long-Term Debt | $350M |
| Deferred Revenue NC | $32M |
| Deferred Tax Liabilities | $37M |
| Other Non-Current Liabilities | $52M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $249.0K |
| Additional Paid-In Capital | $11M |
| Retained Earnings | -$165M |
| Treasury Stock | -$179M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$334M |
| Minority Interest | $772.0K |
| TOTAL EQUITY | -$333M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $1.1B |
| Net Debt | $1.1B |
