| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $320M | $295M | $342M | 8.6% | -6.4% |
| Op. Income | $28M | $25M | $44M | 13.3% | -35.9% |
| Gross Margin | 36.8% | 35.8% | 38.3% | 1.0pp | -1.5pp |
| Net Margin | 6.8% | 6.6% | 9.6% | 0.2pp | -2.7pp |
| EPS (Diluted) | $0.80 | $0.71 | $1.18 | 12.7% | -32.2% |
| Free Cash Flow | $34M | $5M | -$3M | 627.7% | 1094.6% |
| Item | Amount |
|---|---|
| REVENUE | $320M |
| Cost of Revenue | $202M |
| GROSS PROFIT | $118M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $90M |
| Other Expenses | $0 |
| Operating Expenses | $90M |
| Cost & Expenses | $292M |
| OPERATING INCOME | $28M |
| Interest Income | $833.0K |
| Interest Expense | $71.0K |
| Other Income/Expenses | $762.0K |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $7M |
| EBIT | $28M |
| EBITDA | $35M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $320M |
| Cost of Revenue | $202M |
| GROSS PROFIT | $118M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $90M |
| Other Expenses | $0 |
| Operating Expenses | $90M |
| Cost & Expenses | $292M |
| OPERATING INCOME | $28M |
| Interest Income | $833.0K |
| Interest Expense | $71.0K |
| Other Income/Expenses | $762.0K |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $7M |
| EBIT | $28M |
| EBITDA | $35M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $228.0K |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$30.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$30.0K |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $35.0K |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $34M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $60M |
| Short-Term Investments | $11M |
| Net Receivables | $3M |
| Inventory | $368M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $462M |
| PP&E (Net) | $503M |
| Goodwill | $12M |
| Intangible Assets | $33M |
| Long-Term Investments | -$17M |
| Tax Assets | $17M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $561M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $43M |
| Short-Term Debt | $57M |
| Deferred Revenue | $3M |
| Other Current Liabilities | -$37M |
| TOTAL CURRENT LIABILITIES | $121M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $332M |
| TOTAL LIABILITIES | $454M |
| Common Stock | $410.0K |
| Additional Paid-In Capital | $82M |
| Retained Earnings | $702M |
| Treasury Stock | -$215M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $570M |
| Minority Interest | $0 |
| TOTAL EQUITY | $570M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $362M |
| Net Debt | $303M |
