| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $477M | $489M | $471M | -2.5% | 1.2% |
| Op. Income | $108M | $113M | $51M | -3.7% | 112.5% |
| Gross Margin | 50.5% | 52.7% | 40.3% | -2.2pp | 10.2pp |
| Net Margin | 24.3% | 24.3% | 13.1% | -0.0pp | 11.2pp |
| EPS (Diluted) | $0.87 | $0.89 | $0.45 | -2.2% | 93.3% |
| Free Cash Flow | $148M | $53M | $74M | 178.5% | 99.4% |
| Item | Amount |
|---|---|
| REVENUE | $477M |
| Cost of Revenue | $236M |
| GROSS PROFIT | $241M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $62M |
| SG&A Expenses | $62M |
| Other Expenses | $70M |
| Operating Expenses | $132M |
| Cost & Expenses | $368M |
| OPERATING INCOME | $108M |
| Interest Income | $11M |
| Interest Expense | $116.0K |
| Other Income/Expenses | $41M |
| INCOME BEFORE TAX | $149M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $19M |
| EBIT | $108M |
| EBITDA | $127M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $477M |
| Cost of Revenue | $236M |
| GROSS PROFIT | $241M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $62M |
| SG&A Expenses | $62M |
| Other Expenses | $70M |
| Operating Expenses | $132M |
| Cost & Expenses | $368M |
| OPERATING INCOME | $108M |
| Interest Income | $11M |
| Interest Expense | $116.0K |
| Other Income/Expenses | $41M |
| INCOME BEFORE TAX | $149M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $19M |
| EBIT | $108M |
| EBITDA | $127M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $116M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $164M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | -$36M |
| Sales/Maturities of Investments | $29M |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$81M |
| Common Dividends Paid | -$4.0K |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$55M |
| FREE CASH FLOW | $148M |
| Net Change in Cash | $77M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $854M |
| Short-Term Investments | $33M |
| Net Receivables | $575M |
| Inventory | $0 |
| Other Current Assets | $58M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $198M |
| Goodwill | $116M |
| Intangible Assets | $291M |
| Long-Term Investments | $171M |
| Tax Assets | $26M |
| Other Non-Current Assets | $76M |
| TOTAL NON-CURRENT ASSETS | $878M |
| TOTAL ASSETS | $2.4B |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $12M |
| Other Current Liabilities | $98M |
| TOTAL CURRENT LIABILITIES | $282M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $31M |
| TOTAL LIABILITIES | $313M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $764M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$51M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $25M |
| Net Debt | -$829M |
