| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $252M | $242M | $221M | 4.3% | 14.1% |
| Op. Income | $67M | $66M | $60M | 1.1% | 11.0% |
| Gross Margin | 52.9% | 52.1% | 50.3% | 0.8pp | 2.7pp |
| Net Margin | 20.4% | 22.5% | 22.4% | -2.1pp | -2.0pp |
| EPS (Diluted) | $1.55 | $1.60 | $1.42 | -3.1% | 9.2% |
| Free Cash Flow | -$2M | -$14M | $55M | 88.8% | -102.8% |
| Item | Amount |
|---|---|
| REVENUE | $252M |
| Cost of Revenue | $119M |
| GROSS PROFIT | $134M |
| R&D Expenses | $43M |
| Selling & Marketing | $9M |
| General & Administrative | $14M |
| SG&A Expenses | $23M |
| Other Expenses | $700.0K |
| Operating Expenses | $67M |
| Cost & Expenses | $185M |
| OPERATING INCOME | $67M |
| Interest Income | $365.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $5M |
| EBIT | $65M |
| EBITDA | $70M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $252M |
| Cost of Revenue | $119M |
| GROSS PROFIT | $134M |
| R&D Expenses | $43M |
| Selling & Marketing | $9M |
| General & Administrative | $14M |
| SG&A Expenses | $23M |
| Other Expenses | $700.0K |
| Operating Expenses | $67M |
| Cost & Expenses | $185M |
| OPERATING INCOME | $67M |
| Interest Income | $365.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $5M |
| EBIT | $65M |
| EBITDA | $70M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$55M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$30M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$46M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $180M |
| Short-Term Investments | $0 |
| Net Receivables | $244M |
| Inventory | $266M |
| Other Current Assets | $49M |
| TOTAL CURRENT ASSETS | $775M |
| PP&E (Net) | $131M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $162M |
| TOTAL ASSETS | $937M |
| Account Payables | $87M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $46M |
| TOTAL CURRENT LIABILITIES | $248M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $44M |
| TOTAL NON-CURRENT LIABILITIES | $44M |
| TOTAL LIABILITIES | $292M |
| Common Stock | $645M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $645M |
| Minority Interest | $0 |
| TOTAL EQUITY | $645M |
| TOTAL LIABILITIES & EQUITY | $937M |
| Total Debt | $0 |
| Net Debt | -$180M |
