| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $635M | $598M | $560M | 6.2% | 13.5% |
| Op. Income | $58M | $49M | $47M | 17.7% | 23.6% |
| Gross Margin | 18.1% | 16.9% | 17.1% | 1.2pp | 0.9pp |
| Net Margin | 4.7% | 3.2% | 3.3% | 1.5pp | 1.4pp |
| EPS (Diluted) | $0.29 | $0.19 | $0.18 | 52.6% | 61.1% |
| Free Cash Flow | $38M | -$9M | $67M | 517.9% | -43.1% |
| Item | Amount |
|---|---|
| REVENUE | $635M |
| Cost of Revenue | $520M |
| GROSS PROFIT | $115M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $57M |
| Other Expenses | $0 |
| Operating Expenses | $57M |
| Cost & Expenses | $577M |
| OPERATING INCOME | $58M |
| Interest Income | $4M |
| Interest Expense | $10M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $26M |
| EBIT | $58M |
| EBITDA | $84M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $635M |
| Cost of Revenue | $520M |
| GROSS PROFIT | $115M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $57M |
| Other Expenses | $0 |
| Operating Expenses | $57M |
| Cost & Expenses | $577M |
| OPERATING INCOME | $58M |
| Interest Income | $4M |
| Interest Expense | $10M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $26M |
| EBIT | $58M |
| EBITDA | $84M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$259.0K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $9.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $16M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $204.0K |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | $38M |
| Net Change in Cash | $52M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $556M |
| Short-Term Investments | $0 |
| Net Receivables | $617M |
| Inventory | $208M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $719M |
| Goodwill | $34M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $101M |
| TOTAL NON-CURRENT ASSETS | $854M |
| TOTAL ASSETS | $2.3B |
| Account Payables | $155M |
| Short-Term Debt | $132M |
| Deferred Revenue | $139M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $800M |
| Long-Term Debt | $568M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $101M |
| TOTAL NON-CURRENT LIABILITIES | $940M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $28M |
| Additional Paid-In Capital | $130M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$575M |
| Accum. Other Comp. Income | -$397M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $566M |
| Minority Interest | $6M |
| TOTAL EQUITY | $572M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $1.0B |
| Net Debt | $473M |
