| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $272M | $270M | — | 0.7% | — |
| Op. Income | $68M | $56M | — | 20.6% | — |
| Gross Margin | 67.5% | 66.6% | — | 0.9pp | — |
| Net Margin | 18.4% | 33.2% | — | -14.8pp | — |
| EPS (Diluted) | $0.31 | $0.55 | — | -43.6% | — |
| Free Cash Flow | $58M | $47M | — | 25.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $272M |
| Cost of Revenue | $88M |
| GROSS PROFIT | $183M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $93M |
| Other Expenses | $0 |
| Operating Expenses | $115M |
| Cost & Expenses | $204M |
| OPERATING INCOME | $68M |
| Interest Income | $968.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $27M |
| EBIT | $76M |
| EBITDA | $103M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $272M |
| Cost of Revenue | $88M |
| GROSS PROFIT | $183M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $93M |
| Other Expenses | $0 |
| Operating Expenses | $115M |
| Cost & Expenses | $204M |
| OPERATING INCOME | $68M |
| Interest Income | $968.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $27M |
| EBIT | $76M |
| EBITDA | $103M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $15M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | -$21M |
| NET CASH FROM INVESTING | -$109.0K |
| Net Debt Issuance | -$65M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$72M |
| FREE CASH FLOW | $58M |
| Net Change in Cash | -$575.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $165M |
| Short-Term Investments | $32M |
| Net Receivables | $185M |
| Inventory | $160M |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $565M |
| PP&E (Net) | $308M |
| Goodwill | $870M |
| Intangible Assets | $568M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $53M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $24M |
| Short-Term Debt | $0 |
| Deferred Revenue | $22M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $128M |
| Long-Term Debt | $200M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $111M |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $408M |
| TOTAL LIABILITIES | $536M |
| Common Stock | $2M |
| Additional Paid-In Capital | $701M |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$75M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $289M |
| Net Debt | $124M |
