| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $289M | $277M | $276M | 4.4% | 4.7% |
| Op. Income | $84M | $87M | $79M | -3.0% | 7.4% |
| Gross Margin | 55.7% | 57.8% | 57.1% | -2.1pp | -1.4pp |
| Net Margin | 17.6% | 19.9% | 16.4% | -2.3pp | 1.2pp |
| EPS (Diluted) | $1.02 | $1.09 | $0.89 | -6.4% | 14.6% |
| Free Cash Flow | $55M | $57M | $58M | -3.6% | -5.6% |
| Item | Amount |
|---|---|
| REVENUE | $289M |
| Cost of Revenue | $128M |
| GROSS PROFIT | $161M |
| R&D Expenses | $0 |
| Selling & Marketing | $44M |
| General & Administrative | $26M |
| SG&A Expenses | $70M |
| Other Expenses | $6M |
| Operating Expenses | $77M |
| Cost & Expenses | $205M |
| OPERATING INCOME | $84M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $8M |
| EBIT | $84M |
| EBITDA | $92M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $289M |
| Cost of Revenue | $128M |
| GROSS PROFIT | $161M |
| R&D Expenses | $0 |
| Selling & Marketing | $44M |
| General & Administrative | $26M |
| SG&A Expenses | $70M |
| Other Expenses | $6M |
| Operating Expenses | $77M |
| Cost & Expenses | $205M |
| OPERATING INCOME | $84M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $8M |
| EBIT | $84M |
| EBITDA | $92M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $58M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$36M |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$48M |
| FREE CASH FLOW | $55M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $0 |
| Net Receivables | $146M |
| Inventory | $141M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $337M |
| PP&E (Net) | $93M |
| Goodwill | $576M |
| Intangible Assets | $2.7B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $56M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $152M |
| Long-Term Debt | $1.4B |
| 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 | $524M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$189M |
| Accum. Other Comp. Income | -$36M |
| 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 | $1.4B |
