| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $307M | $333M | $320M | -7.8% | -4.1% |
| Op. Income | $25M | $30M | $28M | -18.5% | -12.2% |
| Gross Margin | 36.0% | 36.1% | 36.8% | -0.1pp | -0.8pp |
| Net Margin | 6.3% | 6.8% | 6.8% | -0.5pp | -0.6pp |
| EPS (Diluted) | $0.70 | $0.82 | $0.80 | -14.6% | -12.5% |
| Free Cash Flow | $8M | $18M | $34M | -54.3% | -75.6% |
| Item | Amount |
|---|---|
| REVENUE | $307M |
| Cost of Revenue | $197M |
| GROSS PROFIT | $110M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $86M |
| Other Expenses | $0 |
| Operating Expenses | $86M |
| Cost & Expenses | $282M |
| OPERATING INCOME | $25M |
| Interest Income | $1M |
| Interest Expense | $139.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $8M |
| EBIT | $26M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $307M |
| Cost of Revenue | $197M |
| GROSS PROFIT | $110M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $86M |
| Other Expenses | $0 |
| Operating Expenses | $86M |
| Cost & Expenses | $282M |
| OPERATING INCOME | $25M |
| Interest Income | $1M |
| Interest Expense | $139.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $8M |
| EBIT | $26M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$190.0K |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$467.0K |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $77M |
| Short-Term Investments | $14M |
| Net Receivables | $9M |
| Inventory | $407M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $527M |
| PP&E (Net) | $525M |
| Goodwill | $18M |
| Intangible Assets | $41M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $597M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $57M |
| Short-Term Debt | $58M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$38M |
| TOTAL CURRENT LIABILITIES | $136M |
| Long-Term Debt | $318M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $353M |
| TOTAL LIABILITIES | $489M |
| Common Stock | $0 |
| Additional Paid-In Capital | $88M |
| Retained Earnings | $0 |
| Treasury Stock | -$215M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $763M |
| TOTAL STOCKHOLDERS' EQUITY | $636M |
| Minority Interest | $0 |
| TOTAL EQUITY | $636M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $376M |
| Net Debt | $299M |
