| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $317M | $297M | $284M | 6.7% | 11.5% |
| Op. Income | $55M | $46M | $61M | 19.9% | -8.8% |
| Gross Margin | 36.1% | 35.1% | 41.1% | 1.0pp | -5.0pp |
| Net Margin | 12.3% | 6.2% | 2.1% | 6.0pp | 10.2pp |
| EPS (Diluted) | $0.38 | $0.18 | $0.06 | 111.1% | 533.3% |
| Free Cash Flow | $37M | $35M | $49M | 5.0% | -23.9% |
| Item | Amount |
|---|---|
| REVENUE | $317M |
| Cost of Revenue | $202M |
| GROSS PROFIT | $114M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $59M |
| Other Expenses | $0 |
| Operating Expenses | $59M |
| Cost & Expenses | $261M |
| OPERATING INCOME | $55M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $19M |
| EBIT | $55M |
| EBITDA | $75M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $317M |
| Cost of Revenue | $202M |
| GROSS PROFIT | $114M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $59M |
| Other Expenses | $0 |
| Operating Expenses | $59M |
| Cost & Expenses | $261M |
| OPERATING INCOME | $55M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $19M |
| EBIT | $55M |
| EBITDA | $75M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$357.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$900.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$791.0K |
| NET CASH FROM FINANCING | -$31M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $57M |
| Short-Term Investments | $0 |
| Net Receivables | $146M |
| Inventory | $112M |
| Other Current Assets | $47M |
| TOTAL CURRENT ASSETS | $367M |
| PP&E (Net) | $66M |
| Goodwill | $543M |
| Intangible Assets | $1.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $65M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $50M |
| TOTAL CURRENT LIABILITIES | $120M |
| Long-Term Debt | $402M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $108M |
| Other Non-Current Liabilities | $157.0K |
| TOTAL NON-CURRENT LIABILITIES | $557M |
| TOTAL LIABILITIES | $677M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $184M |
| Treasury Stock | -$31M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $455M |
| Net Debt | $398M |
