| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $434M | $420M | $363M | 3.2% | 19.6% |
| Op. Income | $68M | $68M | $69M | 0.2% | -0.4% |
| Gross Margin | 51.3% | 52.2% | 57.1% | -0.9pp | -5.8pp |
| Net Margin | 10.5% | 11.0% | 14.6% | -0.5pp | -4.1pp |
| EPS (Diluted) | $0.52 | $0.53 | $0.60 | -1.9% | -13.3% |
| Free Cash Flow | -$4M | -$2M | $36M | -138.5% | -111.5% |
| Item | Amount |
|---|---|
| REVENUE | $434M |
| Cost of Revenue | $211M |
| GROSS PROFIT | $222M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $154M |
| Other Expenses | $0 |
| Operating Expenses | $154M |
| Cost & Expenses | $365M |
| OPERATING INCOME | $68M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $10M |
| EBIT | $68M |
| EBITDA | $78M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $434M |
| Cost of Revenue | $211M |
| GROSS PROFIT | $222M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $154M |
| Other Expenses | $0 |
| Operating Expenses | $154M |
| Cost & Expenses | $365M |
| OPERATING INCOME | $68M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $10M |
| EBIT | $68M |
| EBITDA | $78M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$63M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$581.0K |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $78M |
| Short-Term Investments | $0 |
| Net Receivables | $94M |
| Inventory | $439M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $645M |
| PP&E (Net) | $184M |
| Goodwill | $54M |
| Intangible Assets | $98M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $339M |
| TOTAL ASSETS | $983M |
| Account Payables | $123M |
| Short-Term Debt | $24M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $276M |
| Long-Term Debt | $78M |
| Deferred Revenue NC | -$10M |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $157M |
| TOTAL LIABILITIES | $433M |
| Common Stock | $879.0K |
| Additional Paid-In Capital | $351M |
| Retained Earnings | $296M |
| Treasury Stock | -$100M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $551M |
| Minority Interest | $0 |
| TOTAL EQUITY | $551M |
| TOTAL LIABILITIES & EQUITY | $983M |
| Total Debt | $169M |
| Net Debt | $91M |
