| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $428M | $445M | $388M | -3.8% | 10.4% |
| Op. Income | $29M | $32M | $21M | -8.7% | 37.5% |
| Gross Margin | 19.3% | 19.6% | 19.2% | -0.3pp | 0.2pp |
| Net Margin | 4.7% | 5.2% | 4.7% | -0.6pp | -0.0pp |
| EPS (Diluted) | $0.96 | $1.12 | $0.88 | -14.3% | 9.1% |
| Free Cash Flow | -$4M | $17M | -$23M | -121.9% | 84.2% |
| Item | Amount |
|---|---|
| REVENUE | $428M |
| Cost of Revenue | $345M |
| GROSS PROFIT | $83M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $8M |
| Operating Expenses | $54M |
| Cost & Expenses | $399M |
| OPERATING INCOME | $29M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $13M |
| EBIT | $31M |
| EBITDA | $44M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $428M |
| Cost of Revenue | $345M |
| GROSS PROFIT | $83M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $8M |
| Operating Expenses | $54M |
| Cost & Expenses | $399M |
| OPERATING INCOME | $29M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $13M |
| EBIT | $31M |
| EBITDA | $44M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$141.0K |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $722.0K |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$244.0K |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $0 |
| Net Receivables | $239M |
| Inventory | $420M |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $710M |
| PP&E (Net) | $492M |
| Goodwill | $319M |
| Intangible Assets | $145M |
| Long-Term Investments | $6M |
| Tax Assets | $5M |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $993M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $96M |
| Short-Term Debt | $20M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $48M |
| TOTAL CURRENT LIABILITIES | $202M |
| Long-Term Debt | $474M |
| Deferred Revenue NC | $111M |
| Deferred Tax Liabilities | $30M |
| Other Non-Current Liabilities | $45M |
| TOTAL NON-CURRENT LIABILITIES | $733M |
| TOTAL LIABILITIES | $936M |
| Common Stock | $284M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $743M |
| Treasury Stock | -$219M |
| Accum. Other Comp. Income | -$41M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $767M |
| Minority Interest | $0 |
| TOTAL EQUITY | $767M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $567M |
| Net Debt | $547M |
