| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $889M | -2.1% | 20.5% |
| Op. Income | $57M | $57M | $36M | -0.7% | 58.9% |
| Gross Margin | 9.6% | 9.3% | 8.6% | 0.4pp | 1.0pp |
| Net Margin | 3.8% | 3.9% | 3.0% | -0.0pp | 0.8pp |
| EPS (Diluted) | $1.45 | $1.49 | $0.95 | -2.7% | 52.6% |
| Free Cash Flow | $80M | -$72M | $53M | 210.7% | 49.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $968M |
| GROSS PROFIT | $103M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $46M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $57M |
| Interest Income | $759.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $17M |
| EBIT | $56M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $968M |
| GROSS PROFIT | $103M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $46M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $57M |
| Interest Income | $759.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $17M |
| EBIT | $56M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$42.0K |
| Change in Working Capital | $42M |
| OPERATING CASH FLOW | $106M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $373.0K |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | -$37M |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$58M |
| FREE CASH FLOW | $80M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $270M |
| Short-Term Investments | $0 |
| Net Receivables | $794M |
| Inventory | $1.6B |
| Other Current Assets | $66M |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $532M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $39M |
| Other Non-Current Assets | $30M |
| TOTAL NON-CURRENT ASSETS | $602M |
| TOTAL ASSETS | $3.4B |
| Account Payables | $729M |
| Short-Term Debt | $294M |
| Deferred Revenue | $532M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $189M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $57M |
| TOTAL NON-CURRENT LIABILITIES | $282M |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $543.0K |
| Additional Paid-In Capital | $652M |
| Retained Earnings | $1.7B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $514M |
| Net Debt | $244M |
