| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $333M | $300M | $295M | 10.8% | 12.9% |
| Op. Income | $30M | $23M | $25M | 33.6% | 22.0% |
| Gross Margin | 36.1% | 35.6% | 35.8% | 0.5pp | 0.3pp |
| Net Margin | 6.8% | 5.8% | 6.6% | 1.0pp | 0.2pp |
| EPS (Diluted) | $0.82 | $0.63 | $0.71 | 30.2% | 15.5% |
| Free Cash Flow | $18M | $7M | $5M | 164.4% | 288.2% |
| Item | Amount |
|---|---|
| REVENUE | $333M |
| Cost of Revenue | $213M |
| GROSS PROFIT | $120M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $90M |
| Other Expenses | $0 |
| Operating Expenses | $90M |
| Cost & Expenses | $303M |
| OPERATING INCOME | $30M |
| Interest Income | $672.0K |
| Interest Expense | $137.0K |
| Other Income/Expenses | $535.0K |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $8M |
| EBIT | $30M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $333M |
| Cost of Revenue | $213M |
| GROSS PROFIT | $120M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $90M |
| Other Expenses | $0 |
| Operating Expenses | $90M |
| Cost & Expenses | $303M |
| OPERATING INCOME | $30M |
| Interest Income | $672.0K |
| Interest Expense | $137.0K |
| Other Income/Expenses | $535.0K |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $8M |
| EBIT | $30M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$812.0K |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $193.0K |
| Purchases of Investments | -$18.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$18.0K |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $72M |
| Short-Term Investments | $13M |
| Net Receivables | $6M |
| Inventory | $425M |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $537M |
| PP&E (Net) | $509M |
| Goodwill | $15M |
| Intangible Assets | $41M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $578M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $74M |
| Short-Term Debt | $56M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$26M |
| TOTAL CURRENT LIABILITIES | $160M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $337M |
| TOTAL LIABILITIES | $497M |
| Common Stock | $410.0K |
| Additional Paid-In Capital | $86M |
| Retained Earnings | $747M |
| Treasury Stock | -$215M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $618M |
| Minority Interest | $0 |
| TOTAL EQUITY | $618M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $360M |
| Net Debt | $289M |
