| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $434M | $403M | $434M | 7.7% | 0.0% |
| Op. Income | $62M | $50M | $68M | 22.9% | -9.6% |
| Gross Margin | 58.0% | 53.4% | 51.3% | 4.6pp | 6.7pp |
| Net Margin | 9.8% | 9.5% | 10.5% | 0.4pp | -0.7pp |
| EPS (Diluted) | $0.49 | $0.44 | $0.52 | 11.4% | -5.8% |
| Free Cash Flow | $60M | $58M | -$4M | 3.4% | 1546.9% |
| Item | Amount |
|---|---|
| REVENUE | $434M |
| Cost of Revenue | $182M |
| GROSS PROFIT | $251M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $189M |
| Other Expenses | $0 |
| Operating Expenses | $189M |
| Cost & Expenses | $372M |
| OPERATING INCOME | $62M |
| Interest Income | $0 |
| Interest Expense | $285.0K |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $11M |
| EBIT | $62M |
| EBITDA | $73M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $434M |
| Cost of Revenue | $182M |
| GROSS PROFIT | $251M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $189M |
| Other Expenses | $0 |
| Operating Expenses | $189M |
| Cost & Expenses | $372M |
| OPERATING INCOME | $62M |
| Interest Income | $0 |
| Interest Expense | $285.0K |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $11M |
| EBIT | $62M |
| EBITDA | $73M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $86M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$596.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $60M |
| Net Change in Cash | $58M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $281M |
| Short-Term Investments | $0 |
| Net Receivables | $128M |
| Inventory | $341M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $791M |
| PP&E (Net) | $193M |
| Goodwill | $54M |
| Intangible Assets | $114M |
| Long-Term Investments | -$3M |
| Tax Assets | $3M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $365M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $179M |
| Short-Term Debt | $4M |
| Deferred Revenue | $17M |
| Other Current Liabilities | $53M |
| TOTAL CURRENT LIABILITIES | $361M |
| Long-Term Debt | $76M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $156M |
| TOTAL LIABILITIES | $517M |
| Common Stock | $885.0K |
| Additional Paid-In Capital | $379M |
| Retained Earnings | $360M |
| Treasury Stock | -$100M |
| Accum. Other Comp. Income | -$474.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $639M |
| Minority Interest | $0 |
| TOTAL EQUITY | $639M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $160M |
| Net Debt | -$122M |
