| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $633M | $687M | — | -7.8% | — |
| Op. Income | $78M | $103M | — | -24.9% | — |
| Gross Margin | 19.4% | 22.0% | — | -2.6pp | — |
| Net Margin | 8.7% | 10.8% | — | -2.1pp | — |
| EPS (Diluted) | $1.16 | $1.54 | — | -24.7% | — |
| Free Cash Flow | $29M | $49M | — | -41.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $633M |
| Cost of Revenue | $510M |
| GROSS PROFIT | $123M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $36M |
| SG&A Expenses | $42M |
| Other Expenses | $3M |
| Operating Expenses | $45M |
| Cost & Expenses | $555M |
| OPERATING INCOME | $78M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $13M |
| EBIT | $78M |
| EBITDA | $90M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $633M |
| Cost of Revenue | $510M |
| GROSS PROFIT | $123M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $36M |
| SG&A Expenses | $42M |
| Other Expenses | $3M |
| Operating Expenses | $45M |
| Cost & Expenses | $555M |
| OPERATING INCOME | $78M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $13M |
| EBIT | $78M |
| EBITDA | $90M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $58M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$717.0K |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$8.0K |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $105M |
| Short-Term Investments | $0 |
| Net Receivables | $223M |
| Inventory | $344M |
| Other Current Assets | $49M |
| TOTAL CURRENT ASSETS | $721M |
| PP&E (Net) | $350M |
| Goodwill | $188M |
| Intangible Assets | $90M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $668M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $205M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $138M |
| TOTAL CURRENT LIABILITIES | $393M |
| Long-Term Debt | $396M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $37M |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $477M |
| TOTAL LIABILITIES | $870M |
| Common Stock | $774.0K |
| Additional Paid-In Capital | $675M |
| Retained Earnings | $357M |
| Treasury Stock | -$512M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $519M |
| Minority Interest | $481.0K |
| TOTAL EQUITY | $519M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $427M |
| Net Debt | $321M |
