| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $500M | $481M | $561M | 3.9% | -10.8% |
| Op. Income | $43M | $16M | $52M | 164.6% | -17.5% |
| Gross Margin | 72.9% | 72.3% | 73.6% | 0.7pp | -0.7pp |
| Net Margin | 5.4% | 2.4% | 6.1% | 3.0pp | -0.7pp |
| EPS (Diluted) | $0.54 | $0.23 | $0.67 | 134.8% | -19.4% |
| Free Cash Flow | $21M | -$34M | $37M | 162.0% | -43.8% |
| Item | Amount |
|---|---|
| REVENUE | $500M |
| Cost of Revenue | $136M |
| GROSS PROFIT | $365M |
| R&D Expenses | $0 |
| Selling & Marketing | $185M |
| General & Administrative | $137M |
| SG&A Expenses | $322M |
| Other Expenses | $0 |
| Operating Expenses | $322M |
| Cost & Expenses | $458M |
| OPERATING INCOME | $43M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $10M |
| 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 | $17M |
| EBIT | $43M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $500M |
| Cost of Revenue | $136M |
| GROSS PROFIT | $365M |
| R&D Expenses | $0 |
| Selling & Marketing | $185M |
| General & Administrative | $137M |
| SG&A Expenses | $322M |
| Other Expenses | $0 |
| Operating Expenses | $322M |
| Cost & Expenses | $458M |
| OPERATING INCOME | $43M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $10M |
| 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 | $17M |
| EBIT | $43M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | -$35M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | -$77M |
| NET CASH FROM INVESTING | -$93M |
| Net Debt Issuance | $87M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$19M |
| Other Financing Activities | $598.0K |
| NET CASH FROM FINANCING | $68M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $236M |
| Short-Term Investments | $17M |
| Net Receivables | $67M |
| Inventory | $372M |
| Other Current Assets | $101M |
| TOTAL CURRENT ASSETS | $793M |
| PP&E (Net) | $525M |
| Goodwill | $229M |
| Intangible Assets | $113M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $234M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $50M |
| Short-Term Debt | $140M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $445M |
| Long-Term Debt | $368M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $111M |
| TOTAL NON-CURRENT LIABILITIES | $553M |
| TOTAL LIABILITIES | $998M |
| Common Stock | $91.0K |
| Additional Paid-In Capital | $616M |
| Retained Earnings | $1.9B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | -$101M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $895M |
| Minority Interest | $0 |
| TOTAL EQUITY | $895M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $582M |
| Net Debt | $347M |
