| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $412M | $414M | $393M | -0.5% | 5.0% |
| Op. Income | $58M | $58M | $51M | 0.0% | 14.2% |
| Gross Margin | 34.3% | 34.5% | 33.2% | -0.2pp | 1.1pp |
| Net Margin | 9.0% | 9.1% | 8.3% | -0.1pp | 0.6pp |
| EPS (Diluted) | $0.87 | $0.88 | $0.77 | -1.1% | 13.0% |
| Free Cash Flow | $24M | $27M | $64M | -10.7% | -61.9% |
| Item | Amount |
|---|---|
| REVENUE | $412M |
| Cost of Revenue | $271M |
| GROSS PROFIT | $141M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $84M |
| Other Expenses | $0 |
| Operating Expenses | $84M |
| Cost & Expenses | $354M |
| OPERATING INCOME | $58M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $16M |
| EBIT | $58M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $412M |
| Cost of Revenue | $271M |
| GROSS PROFIT | $141M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $84M |
| Other Expenses | $0 |
| Operating Expenses | $84M |
| Cost & Expenses | $354M |
| OPERATING INCOME | $58M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $16M |
| EBIT | $58M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $923.0K |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $341.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$94.0K |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$22M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$40M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $0 |
| Net Receivables | $323M |
| Inventory | $654M |
| Other Current Assets | $53M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $518M |
| Goodwill | $439M |
| Intangible Assets | $10M |
| Long-Term Investments | $0 |
| Tax Assets | $66M |
| Other Non-Current Assets | $102M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $123M |
| Short-Term Debt | $777.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $63M |
| TOTAL CURRENT LIABILITIES | $234M |
| Long-Term Debt | $711M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $69M |
| TOTAL NON-CURRENT LIABILITIES | $796M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $5M |
| Additional Paid-In Capital | $119M |
| Retained Earnings | $1.8B |
| Treasury Stock | -$613M |
| Accum. Other Comp. Income | -$173M |
| Other Equity | $23M |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $712M |
| Net Debt | $669M |
