| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $465M | $477M | $403M | -2.6% | 15.2% |
| Op. Income | $29M | $51M | -$8M | -42.7% | 486.1% |
| Gross Margin | 20.3% | 21.4% | 16.9% | -1.1pp | 3.3pp |
| Net Margin | 5.3% | 8.4% | -1.1% | -3.1pp | 6.4pp |
| EPS (Diluted) | $0.89 | $1.45 | $-0.16 | -38.6% | 656.3% |
| Free Cash Flow | $21M | $58M | -$22M | -63.0% | 199.2% |
| Item | Amount |
|---|---|
| REVENUE | $465M |
| Cost of Revenue | $371M |
| GROSS PROFIT | $94M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $65M |
| Other Expenses | $0 |
| Operating Expenses | $65M |
| Cost & Expenses | $436M |
| OPERATING INCOME | $29M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $607.0K |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $14M |
| EBIT | $29M |
| EBITDA | $43M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $465M |
| Cost of Revenue | $371M |
| GROSS PROFIT | $94M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $65M |
| Other Expenses | $0 |
| Operating Expenses | $65M |
| Cost & Expenses | $436M |
| OPERATING INCOME | $29M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $607.0K |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $14M |
| EBIT | $29M |
| EBITDA | $43M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | $164.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$784.0K |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | -$514.0K |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$23M |
| Other Financing Activities | -$282.0K |
| NET CASH FROM FINANCING | -$33M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $83M |
| Short-Term Investments | $0 |
| Net Receivables | $131M |
| Inventory | $155M |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $392M |
| PP&E (Net) | $510M |
| Goodwill | $208M |
| Intangible Assets | $30M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $766M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $138M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $196M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $52M |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $88M |
| TOTAL LIABILITIES | $285M |
| Common Stock | $142M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.5B |
| Treasury Stock | -$776M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $873M |
| Minority Interest | $0 |
| TOTAL EQUITY | $873M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $17M |
| Net Debt | -$65M |
