| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $543M | $542M | $487M | 0.2% | 11.5% |
| Op. Income | $21M | $43M | $23M | -52.3% | -8.4% |
| Gross Margin | 31.8% | 34.7% | 33.3% | -2.8pp | -1.4pp |
| Net Margin | 3.3% | 6.3% | 3.8% | -3.0pp | -0.5pp |
| EPS (Diluted) | $0.95 | $1.81 | $0.97 | -47.5% | -2.1% |
| Free Cash Flow | $668.0K | -$11M | $8M | 105.9% | -91.6% |
| Item | Amount |
|---|---|
| REVENUE | $543M |
| Cost of Revenue | $370M |
| GROSS PROFIT | $173M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $122M |
| Other Expenses | $30M |
| Operating Expenses | $152M |
| Cost & Expenses | $522M |
| OPERATING INCOME | $21M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $30M |
| EBIT | $21M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $543M |
| Cost of Revenue | $370M |
| GROSS PROFIT | $173M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $122M |
| Other Expenses | $30M |
| Operating Expenses | $152M |
| Cost & Expenses | $522M |
| OPERATING INCOME | $21M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $30M |
| EBIT | $21M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $315.0K |
| Other Non-Cash Items | $651.0K |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | -$503.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $105.0K |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$774.0K |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $668.0K |
| Net Change in Cash | -$76.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $244M |
| Short-Term Investments | $101M |
| Net Receivables | $277M |
| Inventory | $383M |
| Other Current Assets | $50M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $734M |
| Goodwill | $461M |
| Intangible Assets | $83M |
| Long-Term Investments | $0 |
| Tax Assets | $511.0K |
| Other Non-Current Assets | $109M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $81M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $232M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $231M |
| TOTAL NON-CURRENT LIABILITIES | $267M |
| TOTAL LIABILITIES | $499M |
| Common Stock | $2M |
| Additional Paid-In Capital | $95M |
| Retained Earnings | $1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $50M |
| Net Debt | -$194M |
