| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $892M | $871M | $864M | 2.4% | 3.3% |
| Op. Income | $135M | $159M | $151M | -15.1% | -10.7% |
| Gross Margin | 28.9% | 32.0% | 30.3% | -3.1pp | -1.4pp |
| Net Margin | 10.7% | 12.8% | 13.0% | -2.2pp | -2.4pp |
| EPS (Diluted) | $0.68 | $0.79 | $0.78 | -13.9% | -12.8% |
| Free Cash Flow | $36M | $84M | $15M | -57.8% | 138.1% |
| Item | Amount |
|---|---|
| REVENUE | $892M |
| Cost of Revenue | $635M |
| GROSS PROFIT | $257M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $123M |
| SG&A Expenses | $123M |
| Other Expenses | $0 |
| Operating Expenses | $123M |
| Cost & Expenses | $757M |
| OPERATING INCOME | $135M |
| Interest Income | $6M |
| Interest Expense | $6M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $133M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $95M |
| D&A | $44M |
| EBIT | $140M |
| EBITDA | $184M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $892M |
| Cost of Revenue | $635M |
| GROSS PROFIT | $257M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $123M |
| SG&A Expenses | $123M |
| Other Expenses | $0 |
| Operating Expenses | $123M |
| Cost & Expenses | $757M |
| OPERATING INCOME | $135M |
| Interest Income | $6M |
| Interest Expense | $6M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $133M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $95M |
| D&A | $44M |
| EBIT | $140M |
| EBITDA | $184M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $95M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | $107M |
| Capital Expenditure | -$72M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $172M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $96M |
| Net Debt Issuance | $78M |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | -$14M |
| Other Financing Activities | -$867.0K |
| NET CASH FROM FINANCING | $37M |
| FREE CASH FLOW | $36M |
| Net Change in Cash | $242M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $14M |
| Net Receivables | $453M |
| Inventory | $660M |
| Other Current Assets | $178M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $1.3B |
| Goodwill | $204M |
| Intangible Assets | $75M |
| Long-Term Investments | $0 |
| Tax Assets | $106M |
| Other Non-Current Assets | $103M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $234M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $758M |
| Long-Term Debt | $640M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $134M |
| Other Non-Current Liabilities | $334M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $15M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $952M |
| Treasury Stock | -$123M |
| Accum. Other Comp. Income | $13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $4M |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $773M |
| Net Debt | -$316M |
