| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $130M | $125M | $130M | 4.2% | 0.2% |
| Op. Income | $22M | $19M | $25M | 18.6% | -10.5% |
| Gross Margin | 50.8% | 51.4% | 50.4% | -0.7pp | 0.3pp |
| Net Margin | 12.7% | 11.2% | 15.0% | 1.5pp | -2.3pp |
| EPS (Diluted) | $1.21 | $1.02 | $1.42 | 18.6% | -14.8% |
| Free Cash Flow | $8M | $9M | $4M | -6.5% | 133.0% |
| Item | Amount |
|---|---|
| REVENUE | $130M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $66M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $38M |
| SG&A Expenses | $44M |
| Other Expenses | $250.0K |
| Operating Expenses | $44M |
| Cost & Expenses | $108M |
| OPERATING INCOME | $22M |
| Interest Income | $51.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $2M |
| EBIT | $22M |
| EBITDA | $24M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $130M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $66M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $38M |
| SG&A Expenses | $44M |
| Other Expenses | $250.0K |
| Operating Expenses | $44M |
| Cost & Expenses | $108M |
| OPERATING INCOME | $22M |
| Interest Income | $51.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $2M |
| EBIT | $22M |
| EBITDA | $24M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$495.0K |
| Other Non-Cash Items | $298.0K |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $132.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $0 |
| Net Receivables | $100M |
| Inventory | $109M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $263M |
| PP&E (Net) | $74M |
| Goodwill | $95M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $646.0K |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $187M |
| TOTAL ASSETS | $450M |
| Account Payables | $29M |
| Short-Term Debt | $47M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $117M |
| Long-Term Debt | $108M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $136M |
| TOTAL LIABILITIES | $253M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $170M |
| Retained Earnings | $465M |
| Treasury Stock | -$403M |
| Accum. Other Comp. Income | -$35M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $197M |
| Minority Interest | $0 |
| TOTAL EQUITY | $197M |
| TOTAL LIABILITIES & EQUITY | $450M |
| Total Debt | $164M |
| Net Debt | $126M |
