| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $253M | $254M | $226M | -0.4% | 12.2% |
| Op. Income | $61M | $59M | $50M | 3.2% | 22.8% |
| Gross Margin | 54.2% | 54.6% | 54.9% | -0.4pp | -0.7pp |
| Net Margin | 26.1% | 20.5% | 20.7% | 5.6pp | 5.4pp |
| EPS (Diluted) | $1.34 | $1.05 | $0.94 | 27.6% | 42.6% |
| Free Cash Flow | $41M | $29M | $48M | 41.3% | -15.1% |
| Item | Amount |
|---|---|
| REVENUE | $253M |
| Cost of Revenue | $116M |
| GROSS PROFIT | $137M |
| R&D Expenses | $28M |
| Selling & Marketing | $16M |
| General & Administrative | $18M |
| SG&A Expenses | $34M |
| Other Expenses | $14M |
| Operating Expenses | $76M |
| Cost & Expenses | $192M |
| OPERATING INCOME | $61M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | -$661.0K |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $16M |
| EBIT | $61M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $253M |
| Cost of Revenue | $116M |
| GROSS PROFIT | $137M |
| R&D Expenses | $28M |
| Selling & Marketing | $16M |
| General & Administrative | $18M |
| SG&A Expenses | $34M |
| Other Expenses | $14M |
| Operating Expenses | $76M |
| Cost & Expenses | $192M |
| OPERATING INCOME | $61M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | -$661.0K |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $16M |
| EBIT | $61M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $66M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $79.0K |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | $49M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$72.0K |
| Purchases of Investments | -$82M |
| Sales/Maturities of Investments | $64M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$54M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$50M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $176M |
| Short-Term Investments | $372M |
| Net Receivables | $241M |
| Inventory | $324M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $92M |
| Goodwill | $316M |
| Intangible Assets | $222M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $660M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $55M |
| Short-Term Debt | $0 |
| Deferred Revenue | $43M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $161M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $38M |
| TOTAL LIABILITIES | $198M |
| Common Stock | $49.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $363M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $22M |
| Net Debt | -$154M |
