| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.8B | $2.1B | 6.1% | -12.9% |
| Op. Income | $272M | $199M | $366M | 36.1% | -25.7% |
| Gross Margin | 40.7% | 38.5% | 43.5% | 2.2pp | -2.8pp |
| Net Margin | 10.8% | 8.9% | 12.5% | 1.9pp | -1.7pp |
| EPS (Diluted) | $1.56 | $1.18 | $1.93 | 32.3% | -19.2% |
| Free Cash Flow | $330M | $292M | $122M | 12.7% | 170.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $758M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $486M |
| Other Expenses | $0 |
| Operating Expenses | $486M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $272M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $275M |
| Income Tax Expense | $73M |
| Net Income from Continuing Ops | $202M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $202M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $202M |
| D&A | $55M |
| EBIT | $272M |
| EBITDA | $327M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $758M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $486M |
| Other Expenses | $0 |
| Operating Expenses | $486M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $272M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $275M |
| Income Tax Expense | $73M |
| Net Income from Continuing Ops | $202M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $202M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $202M |
| D&A | $55M |
| EBIT | $272M |
| EBITDA | $327M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $202M |
| Depreciation & Amortization | $55M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $66M |
| Change in Working Capital | $31M |
| OPERATING CASH FLOW | $372M |
| Capital Expenditure | -$43M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $63.0K |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$59M |
| Other Financing Activities | -$46M |
| NET CASH FROM FINANCING | -$114M |
| FREE CASH FLOW | $330M |
| Net Change in Cash | $217M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $514M |
| Short-Term Investments | $0 |
| Net Receivables | $117M |
| Inventory | $1.3B |
| Other Current Assets | $26M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $2.3B |
| Goodwill | $77M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $74M |
| Other Non-Current Assets | $119M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $597M |
| Short-Term Debt | $0 |
| Deferred Revenue | $435M |
| Other Current Liabilities | $97M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $119M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $642.0K |
| Additional Paid-In Capital | $552M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $1.4B |
| Net Debt | $876M |
