| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $204M | $201M | $216M | 1.4% | -5.5% |
| Op. Income | $88M | $75M | $119M | 17.4% | -26.6% |
| Gross Margin | 70.5% | 69.1% | 54.4% | 1.4pp | 16.1pp |
| Net Margin | 27.7% | 24.5% | 36.7% | 3.3pp | -8.9pp |
| EPS (Diluted) | $0.83 | $0.71 | $1.09 | 16.9% | -23.9% |
| Free Cash Flow | $75M | $64M | $89M | 18.6% | -14.8% |
| Item | Amount |
|---|---|
| REVENUE | $204M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $144M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $45M |
| SG&A Expenses | $45M |
| Other Expenses | $11M |
| Operating Expenses | $57M |
| Cost & Expenses | $117M |
| OPERATING INCOME | $88M |
| Interest Income | $2M |
| Interest Expense | $15M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $10M |
| EBIT | $93M |
| EBITDA | $103M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $204M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $144M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $45M |
| SG&A Expenses | $45M |
| Other Expenses | $11M |
| Operating Expenses | $57M |
| Cost & Expenses | $117M |
| OPERATING INCOME | $88M |
| Interest Income | $2M |
| Interest Expense | $15M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $10M |
| EBIT | $93M |
| EBITDA | $103M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $57M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $77M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $971.0K |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$45M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$70M |
| FREE CASH FLOW | $75M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $0 |
| Net Receivables | $93M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $144M |
| PP&E (Net) | $22M |
| Goodwill | $982M |
| Intangible Assets | $1.3B |
| Long-Term Investments | $30M |
| Tax Assets | $0 |
| Other Non-Current Assets | $63M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $57M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $297M |
| Long-Term Debt | $987M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $120M |
| Other Non-Current Liabilities | $88M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $817.0K |
| Additional Paid-In Capital | $717M |
| Retained Earnings | $671M |
| Treasury Stock | -$378M |
| Accum. Other Comp. Income | $34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $987M |
| Net Debt | $944M |
