| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $360M | $351M | $401M | 2.5% | -10.3% |
| Op. Income | $19M | $21M | $30M | -9.8% | -37.6% |
| Gross Margin | 33.6% | 33.5% | 32.3% | 0.1pp | 1.3pp |
| Net Margin | 3.6% | 4.2% | 5.5% | -0.6pp | -1.9pp |
| EPS (Diluted) | $0.33 | $0.35 | $0.49 | -5.7% | -32.7% |
| Free Cash Flow | -$9M | $14M | -$31M | -165.7% | 69.9% |
| Item | Amount |
|---|---|
| REVENUE | $360M |
| Cost of Revenue | $239M |
| GROSS PROFIT | $121M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $102M |
| Other Expenses | $0 |
| Operating Expenses | $102M |
| Cost & Expenses | $341M |
| OPERATING INCOME | $19M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $8M |
| EBIT | $19M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $360M |
| Cost of Revenue | $239M |
| GROSS PROFIT | $121M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $102M |
| Other Expenses | $0 |
| Operating Expenses | $102M |
| Cost & Expenses | $341M |
| OPERATING INCOME | $19M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $8M |
| EBIT | $19M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$716.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $16M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$149.0K |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $485M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $509M |
| PP&E (Net) | $415M |
| Goodwill | $1M |
| Intangible Assets | $404.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $417M |
| TOTAL ASSETS | $925M |
| Account Payables | $130M |
| Short-Term Debt | $105M |
| Deferred Revenue | $38M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $377M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $265M |
| TOTAL LIABILITIES | $642M |
| Common Stock | $377.0K |
| Additional Paid-In Capital | $79M |
| Retained Earnings | $204M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $283M |
| Minority Interest | $0 |
| TOTAL EQUITY | $283M |
| TOTAL LIABILITIES & EQUITY | $925M |
| Total Debt | $410M |
| Net Debt | $407M |
