| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | — | $1.0B | — | 10.0% |
| Op. Income | $62M | — | $49M | — | 26.7% |
| Gross Margin | 17.3% | — | 17.0% | — | 0.3pp |
| Net Margin | 2.7% | — | 3.0% | — | -0.3pp |
| EPS (Diluted) | $1.02 | — | $1.03 | — | -1.0% |
| Free Cash Flow | $57M | — | -$25M | — | 325.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $944M |
| GROSS PROFIT | $198M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $136M |
| Other Expenses | $0 |
| Operating Expenses | $136M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $62M |
| Interest Income | $2M |
| Interest Expense | $3M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$51.0K |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $18M |
| EBIT | $50M |
| EBITDA | $68M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $944M |
| GROSS PROFIT | $198M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $136M |
| Other Expenses | $0 |
| Operating Expenses | $136M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $62M |
| Interest Income | $2M |
| Interest Expense | $3M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$51.0K |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $18M |
| EBIT | $50M |
| EBITDA | $68M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $160.0K |
| Change in Working Capital | $31M |
| OPERATING CASH FLOW | $86M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | -$84.0K |
| Purchases of Investments | -$48M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$75M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $57M |
| Net Change in Cash | -$780.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $261M |
| Short-Term Investments | $54M |
| Net Receivables | $16M |
| Inventory | $449M |
| Other Current Assets | $56M |
| TOTAL CURRENT ASSETS | $837M |
| PP&E (Net) | $881M |
| Goodwill | $43M |
| Intangible Assets | $0 |
| Long-Term Investments | $10M |
| Tax Assets | $28M |
| Other Non-Current Assets | $87M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $407M |
| Short-Term Debt | $38M |
| Deferred Revenue | $33M |
| Other Current Liabilities | $171.0K |
| TOTAL CURRENT LIABILITIES | $587M |
| Long-Term Debt | $126M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $256M |
| TOTAL LIABILITIES | $842M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $492M |
| Retained Earnings | $772M |
| Treasury Stock | -$37M |
| Accum. Other Comp. Income | -$184M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $284M |
| Net Debt | $23M |
