| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $246M | $245M | $240M | 0.4% | 2.5% |
| Op. Income | $19M | $16M | $19M | 17.1% | -3.3% |
| Gross Margin | 30.7% | 31.6% | 29.9% | -0.9pp | 0.9pp |
| Net Margin | 4.1% | 2.9% | 7.4% | 1.1pp | -3.3pp |
| EPS (Diluted) | $0.25 | $0.18 | $0.44 | 38.9% | -43.2% |
| Free Cash Flow | -$2M | -$12M | -$4M | 86.6% | 57.5% |
| Item | Amount |
|---|---|
| REVENUE | $246M |
| Cost of Revenue | $170M |
| GROSS PROFIT | $76M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $57M |
| Other Expenses | $0 |
| Operating Expenses | $57M |
| Cost & Expenses | $227M |
| OPERATING INCOME | $19M |
| Interest Income | $1M |
| Interest Expense | $8M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $8M |
| EBIT | $20M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $246M |
| Cost of Revenue | $170M |
| GROSS PROFIT | $76M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $57M |
| Other Expenses | $0 |
| Operating Expenses | $57M |
| Cost & Expenses | $227M |
| OPERATING INCOME | $19M |
| Interest Income | $1M |
| Interest Expense | $8M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $8M |
| EBIT | $20M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $356.0K |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$30M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $131.0K |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $284.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $40M |
| Net Receivables | $153M |
| Inventory | $293M |
| Other Current Assets | $63M |
| TOTAL CURRENT ASSETS | $585M |
| PP&E (Net) | $225M |
| Goodwill | $53M |
| Intangible Assets | $57M |
| Long-Term Investments | $12M |
| Tax Assets | $6M |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $380M |
| TOTAL ASSETS | $965M |
| Account Payables | $76M |
| Short-Term Debt | $15M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $48M |
| TOTAL CURRENT LIABILITIES | $165M |
| Long-Term Debt | $466M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $528M |
| TOTAL LIABILITIES | $693M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $136M |
| Retained Earnings | $254M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$118M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $272M |
| Minority Interest | $0 |
| TOTAL EQUITY | $272M |
| TOTAL LIABILITIES & EQUITY | $965M |
| Total Debt | $518M |
| Net Debt | $480M |
