| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $277M | $267M | $269M | 3.8% | 2.9% |
| Op. Income | $87M | $77M | $91M | 12.4% | -4.7% |
| Gross Margin | 57.8% | 55.8% | 59.1% | 2.0pp | -1.3pp |
| Net Margin | 19.9% | 19.5% | 21.5% | 0.4pp | -1.5pp |
| EPS (Diluted) | $1.09 | $1.02 | $1.14 | 6.9% | -4.4% |
| Free Cash Flow | $57M | $60M | $68M | -4.6% | -15.6% |
| Item | Amount |
|---|---|
| REVENUE | $277M |
| Cost of Revenue | $117M |
| GROSS PROFIT | $160M |
| R&D Expenses | $0 |
| Selling & Marketing | $40M |
| General & Administrative | $27M |
| SG&A Expenses | $67M |
| Other Expenses | $6M |
| Operating Expenses | $73M |
| Cost & Expenses | $190M |
| OPERATING INCOME | $87M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $8M |
| EBIT | $86M |
| EBITDA | $95M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $277M |
| Cost of Revenue | $117M |
| GROSS PROFIT | $160M |
| R&D Expenses | $0 |
| Selling & Marketing | $40M |
| General & Administrative | $27M |
| SG&A Expenses | $67M |
| Other Expenses | $6M |
| Operating Expenses | $73M |
| Cost & Expenses | $190M |
| OPERATING INCOME | $87M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $8M |
| EBIT | $86M |
| EBITDA | $95M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $58M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | -$38M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$47M |
| FREE CASH FLOW | $57M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $0 |
| Net Receivables | $145M |
| Inventory | $134M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $325M |
| PP&E (Net) | $95M |
| Goodwill | $577M |
| Intangible Assets | $2.7B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $58M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $155M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $443M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $547.0K |
| Additional Paid-In Capital | $521M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$177M |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $1.5B |
| Net Debt | $1.5B |
