| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $374M | $369M | $372M | 1.4% | 0.7% |
| Op. Income | $52M | $51M | $55M | 1.5% | -6.6% |
| Gross Margin | 32.6% | 33.8% | 35.2% | -1.1pp | -2.6pp |
| Net Margin | 9.1% | 9.1% | 10.4% | -0.0pp | -1.3pp |
| EPS (Diluted) | $0.81 | $0.80 | $0.92 | 1.3% | -12.0% |
| Free Cash Flow | $32M | -$25M | $4M | 225.9% | 706.7% |
| Item | Amount |
|---|---|
| REVENUE | $374M |
| Cost of Revenue | $252M |
| GROSS PROFIT | $122M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $71M |
| Other Expenses | $0 |
| Operating Expenses | $71M |
| Cost & Expenses | $323M |
| OPERATING INCOME | $52M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $0 |
| EBIT | $52M |
| EBITDA | $52M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $374M |
| Cost of Revenue | $252M |
| GROSS PROFIT | $122M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $71M |
| Other Expenses | $0 |
| Operating Expenses | $71M |
| Cost & Expenses | $323M |
| OPERATING INCOME | $52M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $0 |
| EBIT | $52M |
| EBITDA | $52M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$292.0K |
| Other Non-Cash Items | $73.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $55M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $52.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$17M |
| Other Financing Activities | -$334.0K |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $0 |
| Net Receivables | $301M |
| Inventory | $588M |
| Other Current Assets | $43M |
| TOTAL CURRENT ASSETS | $969M |
| PP&E (Net) | $505M |
| Goodwill | $422M |
| Intangible Assets | $18M |
| Long-Term Investments | $0 |
| Tax Assets | $35M |
| Other Non-Current Assets | $97M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $119M |
| Short-Term Debt | $15M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $223M |
| Long-Term Debt | $687M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $16M |
| Other Non-Current Liabilities | $66M |
| TOTAL NON-CURRENT LIABILITIES | $769M |
| TOTAL LIABILITIES | $992M |
| Common Stock | $5M |
| Additional Paid-In Capital | $114M |
| Retained Earnings | $1.7B |
| Treasury Stock | -$624M |
| Accum. Other Comp. Income | -$177M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $702M |
| Net Debt | $665M |
