| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $255M | $246M | $255M | 3.8% | -0.1% |
| Op. Income | $24M | $19M | $23M | 28.1% | 3.8% |
| Gross Margin | 30.1% | 30.7% | 30.7% | -0.7pp | -0.7pp |
| Net Margin | 4.5% | 4.1% | 2.9% | 0.4pp | 1.6pp |
| EPS (Diluted) | $0.28 | $0.25 | $0.18 | 12.0% | 55.6% |
| Free Cash Flow | $9M | -$2M | -$10M | 666.8% | 190.6% |
| Item | Amount |
|---|---|
| REVENUE | $255M |
| Cost of Revenue | $178M |
| GROSS PROFIT | $77M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $53M |
| Other Expenses | $0 |
| Operating Expenses | $53M |
| Cost & Expenses | $231M |
| OPERATING INCOME | $24M |
| Interest Income | $948.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $9M |
| EBIT | $27M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $255M |
| Cost of Revenue | $178M |
| GROSS PROFIT | $77M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $53M |
| Other Expenses | $0 |
| Operating Expenses | $53M |
| Cost & Expenses | $231M |
| OPERATING INCOME | $24M |
| Interest Income | $948.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $9M |
| EBIT | $27M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $609.0K |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $41M |
| Short-Term Investments | $40M |
| Net Receivables | $163M |
| Inventory | $278M |
| Other Current Assets | $63M |
| TOTAL CURRENT ASSETS | $586M |
| PP&E (Net) | $231M |
| Goodwill | $53M |
| Intangible Assets | $55M |
| Long-Term Investments | $11M |
| Tax Assets | $9M |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $386M |
| TOTAL ASSETS | $971M |
| Account Payables | $74M |
| Short-Term Debt | $22M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $48M |
| TOTAL CURRENT LIABILITIES | $176M |
| Long-Term Debt | $453M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $513M |
| TOTAL LIABILITIES | $689M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $136M |
| Retained Earnings | $261M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$114M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $283M |
| Minority Interest | $0 |
| TOTAL EQUITY | $283M |
| TOTAL LIABILITIES & EQUITY | $971M |
| Total Debt | $510M |
| Net Debt | $469M |
