| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $406M | $401M | $334M | 1.3% | 21.6% |
| Op. Income | $97M | $87M | $74M | 11.0% | 30.5% |
| Gross Margin | 83.0% | 83.2% | 83.5% | -0.2pp | -0.5pp |
| Net Margin | 18.5% | 16.1% | 15.6% | 2.4pp | 2.9pp |
| EPS (Diluted) | $1.30 | $1.11 | $0.90 | 17.1% | 44.4% |
| Free Cash Flow | $46M | $63M | $43M | -26.6% | 6.7% |
| Item | Amount |
|---|---|
| REVENUE | $406M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $337M |
| R&D Expenses | $52M |
| Selling & Marketing | $101M |
| General & Administrative | $72M |
| SG&A Expenses | $173M |
| Other Expenses | $16M |
| Operating Expenses | $240M |
| Cost & Expenses | $309M |
| OPERATING INCOME | $97M |
| Interest Income | $0 |
| Interest Expense | $222.0K |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $102M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $29M |
| EBIT | $102M |
| EBITDA | $131M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $406M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $337M |
| R&D Expenses | $52M |
| Selling & Marketing | $101M |
| General & Administrative | $72M |
| SG&A Expenses | $173M |
| Other Expenses | $16M |
| Operating Expenses | $240M |
| Cost & Expenses | $309M |
| OPERATING INCOME | $97M |
| Interest Income | $0 |
| Interest Expense | $222.0K |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $102M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $29M |
| EBIT | $102M |
| EBITDA | $131M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $75M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$43M |
| OPERATING CASH FLOW | $99M |
| Capital Expenditure | -$52M |
| Acquisitions (Net) | $23.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $23.0K |
| NET CASH FROM INVESTING | -$52M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$75M |
| Common Dividends Paid | -$22M |
| Other Financing Activities | -$107M |
| NET CASH FROM FINANCING | -$203M |
| FREE CASH FLOW | $46M |
| Net Change in Cash | -$53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $484M |
| Short-Term Investments | $0 |
| Net Receivables | $26M |
| Inventory | $836.0K |
| Other Current Assets | $2.0B |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $468M |
| Goodwill | $52M |
| Intangible Assets | $51M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $722M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $3.9B |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $23M |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $29M |
| Deferred Revenue NC | $106M |
| Deferred Tax Liabilities | $145M |
| Other Non-Current Liabilities | $85M |
| TOTAL NON-CURRENT LIABILITIES | $365M |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $627.0K |
| Additional Paid-In Capital | $688M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$676M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $29M |
| Net Debt | -$455M |
