| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $403M | $399M | $428M | 1.1% | -5.9% |
| Op. Income | $37M | $35M | $29M | 3.3% | 25.5% |
| Gross Margin | 22.1% | 22.3% | 19.3% | -0.3pp | 2.7pp |
| Net Margin | 6.6% | 6.0% | 4.7% | 0.5pp | 1.9pp |
| EPS (Diluted) | $1.27 | $1.15 | $0.96 | 10.4% | 32.3% |
| Free Cash Flow | -$18M | -$655.0K | -$4M | -2573.0% | -371.0% |
| Item | Amount |
|---|---|
| REVENUE | $403M |
| Cost of Revenue | $314M |
| GROSS PROFIT | $89M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $8M |
| Operating Expenses | $52M |
| Cost & Expenses | $367M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $15M |
| EBIT | $39M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $403M |
| Cost of Revenue | $314M |
| GROSS PROFIT | $89M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $8M |
| Operating Expenses | $52M |
| Cost & Expenses | $367M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $15M |
| EBIT | $39M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $17.0K |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | $8.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | $20M |
| Common Stock Repurchased | -$229.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | -$173.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $186M |
| Inventory | $452M |
| Other Current Assets | $55M |
| TOTAL CURRENT ASSETS | $710M |
| PP&E (Net) | $555M |
| Goodwill | $319M |
| Intangible Assets | $135M |
| Long-Term Investments | $5M |
| Tax Assets | $3M |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.7B |
| Account Payables | $93M |
| Short-Term Debt | $39M |
| Deferred Revenue | $15M |
| Other Current Liabilities | $40M |
| TOTAL CURRENT LIABILITIES | $217M |
| Long-Term Debt | $422M |
| Deferred Revenue NC | $109M |
| Deferred Tax Liabilities | $28M |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $659M |
| TOTAL LIABILITIES | $877M |
| Common Stock | $307M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $838M |
| Treasury Stock | -$237M |
| Accum. Other Comp. Income | -$41M |
| Other Equity | $6M |
| TOTAL STOCKHOLDERS' EQUITY | $872M |
| Minority Interest | $0 |
| TOTAL EQUITY | $872M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $528M |
| Net Debt | $512M |
