| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $403M | $428M | $357M | -5.8% | 12.9% |
| Op. Income | -$8M | $45M | $37M | -116.8% | -120.4% |
| Gross Margin | 16.9% | 22.5% | 25.3% | -5.6pp | -8.4pp |
| Net Margin | -1.1% | 8.0% | 8.1% | -9.1pp | -9.2pp |
| EPS (Diluted) | $-0.16 | $1.25 | $1.05 | -112.8% | -115.2% |
| Free Cash Flow | -$22M | $7M | $22M | -422.0% | -198.7% |
| Item | Amount |
|---|---|
| REVENUE | $403M |
| Cost of Revenue | $335M |
| GROSS PROFIT | $68M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | $21M |
| Operating Expenses | $76M |
| Cost & Expenses | $411M |
| OPERATING INCOME | -$8M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $119.0K |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $12M |
| EBIT | $14M |
| EBITDA | $25M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$264.0K |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | -$672.0K |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$22M |
| Other Financing Activities | -$295.0K |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | -$22M |
| Net Change in Cash | -$47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $67M |
| Short-Term Investments | $0 |
| Net Receivables | $110M |
| Inventory | $166M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $362M |
| PP&E (Net) | $468M |
| Goodwill | $208M |
| Intangible Assets | $42M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $742M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $127M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $179M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $40M |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $86M |
| TOTAL LIABILITIES | $265M |
| Common Stock | $136M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.5B |
| Treasury Stock | -$767M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $839M |
| Minority Interest | $0 |
| TOTAL EQUITY | $839M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $23M |
| Net Debt | -$44M |
