| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $477M | $426M | $428M | 12.2% | 11.4% |
| Op. Income | $51M | $49M | $45M | 4.1% | 13.3% |
| Gross Margin | 21.4% | 23.3% | 22.5% | -1.9pp | -1.2pp |
| Net Margin | 8.4% | 8.8% | 8.0% | -0.5pp | 0.4pp |
| EPS (Diluted) | $1.45 | $1.37 | $1.25 | 5.8% | 16.0% |
| Free Cash Flow | $58M | $26M | $7M | 119.5% | 762.9% |
| Item | Amount |
|---|---|
| REVENUE | $477M |
| Cost of Revenue | $375M |
| GROSS PROFIT | $102M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $50M |
| SG&A Expenses | $50M |
| Other Expenses | $628.0K |
| Operating Expenses | $51M |
| Cost & Expenses | $426M |
| OPERATING INCOME | $51M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $478.0K |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $12M |
| EBIT | $51M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $477M |
| Cost of Revenue | $375M |
| GROSS PROFIT | $102M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $50M |
| SG&A Expenses | $50M |
| Other Expenses | $628.0K |
| Operating Expenses | $51M |
| Cost & Expenses | $426M |
| OPERATING INCOME | $51M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $478.0K |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $12M |
| EBIT | $51M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $40M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $163.0K |
| Change in Working Capital | $33M |
| OPERATING CASH FLOW | $90M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$394.0K |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | -$625.0K |
| Common Stock Repurchased | -$125.0K |
| Common Dividends Paid | -$23M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$26M |
| FREE CASH FLOW | $58M |
| Net Change in Cash | $31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $95M |
| Short-Term Investments | $0 |
| Net Receivables | $127M |
| Inventory | $139M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $374M |
| PP&E (Net) | $506M |
| Goodwill | $208M |
| Intangible Assets | $31M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $764M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $132M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $180M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $40M |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $77M |
| TOTAL LIABILITIES | $258M |
| Common Stock | $141M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.5B |
| Treasury Stock | -$767M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $880M |
| Minority Interest | $0 |
| TOTAL EQUITY | $880M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $18M |
| Net Debt | -$78M |
