| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.9B | $1.6B | -7.3% | 9.3% |
| Op. Income | $200M | $257M | $148M | -22.2% | 35.4% |
| Gross Margin | 38.5% | 38.5% | 35.5% | 0.0pp | 3.0pp |
| Net Margin | 7.3% | 8.7% | 7.6% | -1.4pp | -0.3pp |
| EPS (Diluted) | $1.02 | $1.32 | $0.96 | -22.7% | 6.3% |
| Free Cash Flow | $112M | -$34M | $34M | 426.1% | 231.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $690M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $491M |
| Other Expenses | $0 |
| Operating Expenses | $491M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $200M |
| Interest Income | $2M |
| Interest Expense | $28M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $175M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $131M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $131M |
| D&A | $38M |
| EBIT | $203M |
| EBITDA | $241M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $690M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $491M |
| Other Expenses | $0 |
| Operating Expenses | $491M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $200M |
| Interest Income | $2M |
| Interest Expense | $28M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $175M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $131M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $131M |
| D&A | $38M |
| EBIT | $203M |
| EBITDA | $241M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $131M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $167M |
| Capital Expenditure | -$56M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$55M |
| NET CASH FROM INVESTING | -$68M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$54M |
| Other Financing Activities | -$140.0K |
| NET CASH FROM FINANCING | -$66M |
| FREE CASH FLOW | $112M |
| Net Change in Cash | $35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $232M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $1.4B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $1.4B |
| Goodwill | $1.3B |
| Intangible Assets | $582M |
| Long-Term Investments | $0 |
| Tax Assets | $16M |
| Other Non-Current Assets | $172M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $6.8B |
| Account Payables | $680M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $197M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $80M |
| Other Non-Current Liabilities | $292M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $2.3B |
| Treasury Stock | -$757M |
| Accum. Other Comp. Income | -$601M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $2M |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $3.1B |
| Net Debt | $2.9B |
