| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $286M | $279M | $289M | 2.5% | -1.0% |
| Op. Income | $88M | $85M | $84M | 3.6% | 4.6% |
| Gross Margin | 55.9% | 55.4% | 55.7% | 0.5pp | 0.2pp |
| Net Margin | 18.7% | 19.1% | 17.6% | -0.4pp | 1.1pp |
| EPS (Diluted) | $1.07 | $1.06 | $1.02 | 0.9% | 4.9% |
| Free Cash Flow | $60M | $47M | $55M | 27.7% | 7.9% |
| Item | Amount |
|---|---|
| REVENUE | $286M |
| Cost of Revenue | $126M |
| GROSS PROFIT | $160M |
| R&D Expenses | $0 |
| Selling & Marketing | $40M |
| General & Administrative | $26M |
| SG&A Expenses | $66M |
| Other Expenses | $6M |
| Operating Expenses | $72M |
| Cost & Expenses | $198M |
| OPERATING INCOME | $88M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $70M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $8M |
| EBIT | $88M |
| EBITDA | $96M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $286M |
| Cost of Revenue | $126M |
| GROSS PROFIT | $160M |
| R&D Expenses | $0 |
| Selling & Marketing | $40M |
| General & Administrative | $26M |
| SG&A Expenses | $66M |
| Other Expenses | $6M |
| Operating Expenses | $72M |
| Cost & Expenses | $198M |
| OPERATING INCOME | $88M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $70M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $8M |
| EBIT | $88M |
| EBITDA | $96M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $54M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$56M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$54M |
| FREE CASH FLOW | $60M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $60M |
| Short-Term Investments | $0 |
| Net Receivables | $158M |
| Inventory | $161M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $388M |
| PP&E (Net) | $86M |
| Goodwill | $527M |
| Intangible Assets | $2.3B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $44M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $130M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $388M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $552.0K |
| Additional Paid-In Capital | $552M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$220M |
| Accum. Other Comp. Income | -$36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $1.3B |
| Net Debt | $1.2B |
