| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $184M | $182M | $180M | 1.0% | 2.2% |
| Op. Income | $60M | $51M | $45M | 17.7% | 33.6% |
| Gross Margin | 58.1% | 55.3% | 50.7% | 2.8pp | 7.4pp |
| Net Margin | 30.3% | 25.4% | 23.3% | 5.0pp | 7.1pp |
| EPS (Diluted) | $0.96 | $0.77 | $0.68 | 24.7% | 41.2% |
| Free Cash Flow | $54M | $60M | $59M | -10.5% | -8.6% |
| Item | Amount |
|---|---|
| REVENUE | $184M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $107M |
| R&D Expenses | $24M |
| Selling & Marketing | $16M |
| General & Administrative | $6M |
| SG&A Expenses | $22M |
| Other Expenses | $1M |
| Operating Expenses | $47M |
| Cost & Expenses | $124M |
| OPERATING INCOME | $60M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $674.0K |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $9M |
| EBIT | $60M |
| EBITDA | $69M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $184M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $107M |
| R&D Expenses | $24M |
| Selling & Marketing | $16M |
| General & Administrative | $6M |
| SG&A Expenses | $22M |
| Other Expenses | $1M |
| Operating Expenses | $47M |
| Cost & Expenses | $124M |
| OPERATING INCOME | $60M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $674.0K |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $9M |
| EBIT | $60M |
| EBITDA | $69M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $56M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $67M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | $11M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$158M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$168M |
| FREE CASH FLOW | $54M |
| Net Change in Cash | -$103M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $67M |
| Short-Term Investments | $260M |
| Net Receivables | $28M |
| Inventory | $111M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $481M |
| PP&E (Net) | $184M |
| Goodwill | $92M |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $20M |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $328M |
| TOTAL ASSETS | $809M |
| Account Payables | $41M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $70M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $29M |
| TOTAL LIABILITIES | $99M |
| Common Stock | $24.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $720M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $710M |
| Minority Interest | $0 |
| TOTAL EQUITY | $710M |
| TOTAL LIABILITIES & EQUITY | $809M |
| Total Debt | $0 |
| Net Debt | -$67M |
