| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $240M | $233M | $212M | 3.0% | 13.2% |
| Op. Income | $19M | $22M | $20M | -13.9% | -4.7% |
| Gross Margin | 29.9% | 30.4% | 32.7% | -0.5pp | -2.8pp |
| Net Margin | 7.4% | 7.5% | 5.7% | -0.1pp | 1.6pp |
| EPS (Diluted) | $0.44 | $0.43 | $0.30 | 2.3% | 46.7% |
| Free Cash Flow | -$4M | $12M | $9M | -131.2% | -142.5% |
| Item | Amount |
|---|---|
| REVENUE | $240M |
| Cost of Revenue | $168M |
| GROSS PROFIT | $72M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $52M |
| Other Expenses | $0 |
| Operating Expenses | $52M |
| Cost & Expenses | $220M |
| OPERATING INCOME | $19M |
| Interest Income | $187.0K |
| Interest Expense | $2M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $8M |
| EBIT | $30M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $240M |
| Cost of Revenue | $168M |
| GROSS PROFIT | $72M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $52M |
| Other Expenses | $0 |
| Operating Expenses | $52M |
| Cost & Expenses | $220M |
| OPERATING INCOME | $19M |
| Interest Income | $187.0K |
| Interest Expense | $2M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $8M |
| EBIT | $30M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $417.0K |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$22M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $15M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $71M |
| Short-Term Investments | $22M |
| Net Receivables | $157M |
| Inventory | $250M |
| Other Current Assets | $47M |
| TOTAL CURRENT ASSETS | $546M |
| PP&E (Net) | $201M |
| Goodwill | $53M |
| Intangible Assets | $67M |
| Long-Term Investments | $10M |
| Tax Assets | $4M |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $370M |
| TOTAL ASSETS | $916M |
| Account Payables | $90M |
| Short-Term Debt | $15M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $54M |
| TOTAL CURRENT LIABILITIES | $187M |
| Long-Term Debt | $401M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $462M |
| TOTAL LIABILITIES | $649M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $136M |
| Retained Earnings | $245M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$114M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $267M |
| Minority Interest | $0 |
| TOTAL EQUITY | $267M |
| TOTAL LIABILITIES & EQUITY | $916M |
| Total Debt | $456M |
| Net Debt | $385M |
