| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $276M | $289M | $274M | -4.8% | 0.4% |
| Op. Income | $87M | $84M | $83M | 3.3% | 5.6% |
| Gross Margin | 54.6% | 55.7% | 56.5% | -1.1pp | -1.9pp |
| Net Margin | 18.9% | 17.6% | 18.3% | 1.2pp | 0.6pp |
| EPS (Diluted) | $1.04 | $1.02 | $0.99 | 2.0% | 5.1% |
| Free Cash Flow | $53M | $55M | $64M | -3.7% | -17.1% |
| Item | Amount |
|---|---|
| REVENUE | $276M |
| Cost of Revenue | $125M |
| GROSS PROFIT | $150M |
| R&D Expenses | $0 |
| Selling & Marketing | $30M |
| General & Administrative | $27M |
| SG&A Expenses | $57M |
| Other Expenses | $6M |
| Operating Expenses | $63M |
| Cost & Expenses | $188M |
| OPERATING INCOME | $87M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $8M |
| EBIT | $86M |
| EBITDA | $94M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $276M |
| Cost of Revenue | $125M |
| GROSS PROFIT | $150M |
| R&D Expenses | $0 |
| Selling & Marketing | $30M |
| General & Administrative | $27M |
| SG&A Expenses | $57M |
| Other Expenses | $6M |
| Operating Expenses | $63M |
| Cost & Expenses | $188M |
| OPERATING INCOME | $87M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $8M |
| EBIT | $86M |
| EBITDA | $94M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $55M |
| 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 | -$16M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $53M |
| Net Change in Cash | $44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $86M |
| Short-Term Investments | $0 |
| Net Receivables | $157M |
| Inventory | $159M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $409M |
| PP&E (Net) | $91M |
| Goodwill | $577M |
| 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 | $64M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $160M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $456M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $548.0K |
| Additional Paid-In Capital | $533M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$189M |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $1.4B |
| Net Debt | $1.4B |
