| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $446M | $372M | $484M | 19.7% | -8.0% |
| Op. Income | $24M | $22M | $91M | 8.5% | -73.9% |
| Gross Margin | 10.1% | 11.5% | 16.0% | -1.4pp | -5.9pp |
| Net Margin | 4.2% | 3.1% | 15.0% | 1.1pp | -10.8pp |
| EPS (Diluted) | $2.14 | $1.31 | $7.90 | 63.4% | -72.9% |
| Free Cash Flow | $31M | -$87M | $3M | 135.4% | 847.2% |
| Item | Amount |
|---|---|
| REVENUE | $446M |
| Cost of Revenue | $401M |
| GROSS PROFIT | $45M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $289.0K |
| Operating Expenses | $21M |
| Cost & Expenses | $422M |
| OPERATING INCOME | $24M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $713.0K |
| INCOME BEFORE TAX | $24M |
| 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 | -$5.0K |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $9M |
| EBIT | $26M |
| EBITDA | $35M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $446M |
| Cost of Revenue | $401M |
| GROSS PROFIT | $45M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $289.0K |
| Operating Expenses | $21M |
| Cost & Expenses | $422M |
| OPERATING INCOME | $24M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $713.0K |
| INCOME BEFORE TAX | $24M |
| 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 | -$5.0K |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $9M |
| EBIT | $26M |
| EBITDA | $35M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $279.0K |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $124.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $433.0K |
| NET CASH FROM FINANCING | -$31M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | -$249.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $95M |
| Inventory | $482M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $605M |
| PP&E (Net) | $333M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $65M |
| TOTAL NON-CURRENT ASSETS | $397M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $111M |
| Short-Term Debt | $4M |
| Deferred Revenue | $12M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $200M |
| Long-Term Debt | $124M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $32M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $208M |
| TOTAL LIABILITIES | $408M |
| Common Stock | $3M |
| Additional Paid-In Capital | $99M |
| Retained Earnings | $630M |
| Treasury Stock | -$119M |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $595M |
| Minority Interest | $0 |
| TOTAL EQUITY | $595M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $197M |
| Net Debt | $186M |
