Aviat Networks Inc
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Penke I guess you are interested in Aviat Networks Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Aviat Networks Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Aviat Networks Inc (30 sec.)

What can you expect buying and holding a share of Aviat Networks Inc? (30 sec.)

How much money do you get?

$0.08

When do you have the money?

1 year

How often do you get paid?

24.4%

What is your share worth?

Current worth

$20.24

Expected worth in 1 year

$23.86

How sure are you?

61.0%

+ What do you gain per year?

Total Gains per Share

$3.70

Return On Investment

11.2%

For what price can you sell your share?

Current Price per Share

$33.18

Expected price per share

$28.75 - $38.85

How sure are you?

50%

1. Valuation of Aviat Networks Inc (5 min.)

Live pricePrice per Share (EOD)

$33.18

Book Value per Share

$20.24

Intrinsic Value Per Share

$-34.77 - $-9.85

Total Value Per Share

$-14.53 - $10.39

My calculation of the intrinsic value of Aviat Networks Inc is based how much money is coming from the company's main activities (Free Cash Flow).

The following numbers are based on moving averages and per share and per quarter.
I use a 6% discount rate for the low estimation and 3% for the high estimation.
The current Free Cash Flow Per Share is 10Y: ($-0.01) 3Y: ($-0.07) TTM: ($0.15)
The change per quarter (trend) of the Free Cash Flow Per Share is 10Y: ($-0.01) 3Y: ($-0.06) TTM: ($0.12)

Years	Total Low est.	Total High est.	Added Free Cash Flow
1	$-0.83	$-0.18	$-1.22 - $-0.27
2	$-2.47	$-0.57	$-2.15 - $-0.49
3	$-4.81	$-1.15	$-3.09 - $-0.72
4	$-7.78	$-1.93	$-4.02 - $-0.94
5	$-11.29	$-2.87	$-4.96 - $-1.17
6	$-15.28	$-3.98	$-5.89 - $-1.39
7	$-19.68	$-5.24	$-6.83 - $-1.62
8	$-24.43	$-6.65	$-7.76 - $-1.85
9	$-29.48	$-8.19	$-8.70 - $-2.07
10	$-34.77	$-9.85	$-9.63 - $-2.30

2. Growth of Aviat Networks Inc (5 min.)

Is Aviat Networks Inc growing?

	Current year	Previous year	Grow	Grow %
How rich?	$253.9m	$201.7m	$27.1m	11.9%

How much money is Aviat Networks Inc making?

	Current year	Previous year	Grow	Grow %
Making money	$3.7m	$3.4m	$315.2k	8.3%
Net Profit Margin	4.3%	4.3%	-	-

How much money comes from the company's main activities?

Quarterly Yearly

3. Financial Health of Aviat Networks Inc (5 min.)

4. Comparing to competitors in the Communication Equipment industry (5 min.)

Industry Rankings (Communication Equipment)

Richest
#101 / 341

Most Revenue
#139 / 341

Most Profit
#106 / 341

Most Efficient
#121 / 341

What can you expect buying and holding a share of Aviat Networks Inc? (5 min.)

Welcome investor! Aviat Networks Inc's management wants to use your money to grow the business. In return you get a share of Aviat Networks Inc.

What can you expect buying and holding a share of Aviat Networks Inc?

First you should know what it really means to hold a share of Aviat Networks Inc. And how you can make/lose money.

Speculation

The Price per Share of Aviat Networks Inc is $33.18. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

The fundamentals: the financial health trends of Aviat Networks Inc.
The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Aviat Networks Inc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $20.24. Based on the TTM, the Book Value Change Per Share is $0.91 per quarter. Based on the YOY, the Book Value Change Per Share is $0.31 per quarter.
You may receive quarterly/yearly dividend in the form of additional shares.
You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.02 per quarter.

Based on historical numbers we can estimate the returns while holding a share of Aviat Networks Inc.

How much money are you going to get?

	MRQ		TTM		YOY		5Y		10Y
	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share
Usd Eps	0.23	0.7%	0.30	0.9%	0.28	0.8%	0.60	1.8%	0.17	0.5%
Usd Book Value Change Per Share	2.21	6.7%	0.91	2.7%	0.31	0.9%	0.72	2.2%	0.24	0.7%
Usd Dividend Per Share	0.03	0.1%	0.02	0.1%	0.01	0.0%	0.07	0.2%	0.04	0.1%
Usd Total Gains Per Share	2.24	6.8%	0.93	2.8%	0.32	1.0%	0.80	2.4%	0.28	0.8%
Usd Price Per Share	32.66	-	32.92	-	28.60	-	27.05	-	17.98	-
Price to Earnings Ratio	35.45	-	28.34	-	4.56	-	55.77	-	43.84	-
Price-to-Total Gains Ratio	14.57	-	55.73	-	-1.44	-	29.11	-	78.09	-
Price to Book Ratio	1.61	-	1.81	-	1.78	-	2.49	-	2.16	-
Price-to-Total Gains Ratio	14.57	-	55.73	-	-1.44	-	29.11	-	78.09	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	33.18
Number of shares	30

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.02	0.07
Usd Book Value Change Per Share	0.91	0.72
Usd Total Gains Per Share	0.93	0.80
Gains per Quarter (30 shares)	27.77	23.94
Gains per Year (30 shares)	111.09	95.77

Years	Return on Investment (TTM)			Return on Investment (5Y)
	Dividend	Book Value gain	Total gains	Dividend	Book Value gain	Total gains
Broker costs	-	-	-10	-	-	-10
1	2	109	101	9	87	86
2	5	217	212	18	174	182
3	7	326	323	27	260	278
4	10	435	434	36	347	374
5	12	543	545	45	434	470
6	15	652	656	54	521	566
7	17	761	767	63	608	662
8	20	869	878	72	694	758
9	22	978	989	81	781	854
10	24	1086	1100	90	868	950

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %

	Trailing 12 Months				3Y				5 Year				10 Year				ALLTIME
				%				%				%				%				%
Earnings Per Share	4.0	0.0	0.0	100.0%	11.0	1.0	0.0	91.7%	19.0	2.0	0.0	90.5%	24.0	17.0	0.0	58.5%	36.0	61.0	0.0	37.1%
Book Value Change Per Share	4.0	0.0	0.0	100.0%	11.0	1.0	0.0	91.7%	16.0	4.0	1.0	76.2%	24.0	16.0	1.0	58.5%	43.0	53.0	1.0	44.3%
Dividend per Share	4.0	0.0	0.0	100.0%	6.0	0.0	6.0	50.0%	8.0	0.0	13.0	38.1%	10.0	0.0	31.0	24.4%	10.0	0.0	87.0	10.3%
Total Gains per Share	4.0	0.0	0.0	100.0%	11.0	1.0	0.0	91.7%	17.0	3.0	1.0	81.0%	25.0	15.0	1.0	61.0%	44.0	52.0	1.0	45.4%

Fundamentals of Aviat Networks Inc

About Aviat Networks Inc

https://www.aviatnetworks.com
Communication Equipment
685
200 Parker Drive, Austin, TX, United States, 78728
Google Maps Bing Maps

Aviat Networks, Inc. provides microwave networking and wireless access networking solutions in North America, Africa, the Middle East, Europe, Latin America, and the Asia Pacific. The company offers outdoor, indoor, and split-mount radios; microwave routers, switches, and trunking; and private LTE, virtual fiber, and element management products; and hosted software products, such as aviat design, frequency assurance software, and health assurance software. It also provides project services, which includes design and engineering, site and path surveys, assembly and integrations, project management, and install and commission; and managed services, such as network and interface monitoring, network health, onsite maintenance, and remote upgrades. In addition, the company offers support services, including extended warranty, warranty plus, provision support, and license key management, as well as instructor and virtual instructor led training, e-learning and certification services. It serves communications service providers and private network operators, including federal, state and local government agencies, transportation agencies, energy and utility companies, public safety agencies, and broadcast network operators. The company markets its products through a direct sales, service, and support organization; indirect sales channels comprising dealers, resellers, and sales representatives; and through online. Aviat Networks, Inc. company was incorporated in 2006 and is headquartered in Austin, Texas.

Fundamental data was last updated by Penke on 2024-04-11 01:34:04.

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.

Operating Efficiency Details

	Compared to previous year	Compared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.

Liquidity Details

	Compared to previous year	Compared to industry
The company is able to pay all its short-term debts.
The company is able to pay all its short-term debts with the most liquid assets.

Solvency Details

	Compared to previous year	Compared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details

	Compared to previous year	Compared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Aviat Networks Inc.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Aviat Networks Inc earns for each $1 of revenue.

Above 10% is considered healthy but always compare Aviat Networks Inc to the Communication Equipment industry mean.
A Net Profit Margin of 3.0% means that $0.03 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Aviat Networks Inc:

The MRQ is 3.0%. The company is making a profit. +1
The TTM is 4.3%. The company is making a profit. +1

Trends

Current period		Compared to		+/-
MRQ	3.0%	TTM	4.3%	-1.2%
TTM	4.3%	YOY	4.3%	0.0%
TTM	4.3%	5Y	10.9%	-6.6%
5Y	10.9%	10Y	2.7%	+8.1%

Compared to industry (Communication Equipment)

Period	Company	Industry (mean)	+/-
MRQ	3.0%	0.8%	+2.2%
TTM	4.3%	1.3%	+3.0%
YOY	4.3%	2.9%	+1.4%
5Y	10.9%	0.9%	+10.0%
10Y	2.7%	1.7%	+1.0%

Measures how much net profit Aviat Networks Inc earns for each $1 of revenue.

Revenue is the amount of profit Aviat Networks Inc generates before taxes and all other costs. For example, when you buy a cup of coffee it will cost you $3. The company does not earn $3 in profit but also has to pay various costs and taxes to create that cup of coffee. Let's assume the cost of creating a cup of coffee is $1.5.

The $3 you pay for a cup of coffee is called revenue.
The $1.5 that’s left over when all costs to create that cup of coffee (including taxes) are deduced from the revenue is called net profit.

The net profit margin looks at how much net profit Aviat Networks Inc earns for each $1 in revenue.

How to use net profit margin

Higher profit margin is better (more profit).
Above 10% is considered healthy but always compare Aviat Networks Inc to the Communication Equipment industry mean.
Can be used to compare companies within the Communication Equipment industry.

You typically want a high profit margin. This means that for each $1 in sales, Aviat Networks Inc makes more profit. This shows the investor how efficiently Aviat Networks Inc is operating in general and compared to other companies in the same industry. Aviat Networks Inc operates in the Communication Equipment industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Aviat Networks Inc. If profit margins remain low (compared to the Communication Equipment industry mean) and there are no improvements to make in production costs or other areas that might be a warning sign. If profit margins are high that means the company has low overhead costs and is efficiently using its resources to generate profit.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Net Profit Margin of Aviat Networks Inc is 0.03. This means that Aviat Networks Inc earned $0.03 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Net Profit Margin of the Communication Equipment industry is 0.8%.
What is the trend?
The trend is important because it shows you how Aviat Networks Inc is performing over time. The most recent quarter might be important if Aviat Networks Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Aviat Networks Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare Aviat Networks Inc with other companies in the same industry (Communication Equipment).
Net profit margin should rise over the years.
Can be influenced when Aviat Networks Inc sells assets (profit will increase while costs remain the same).
It won’t show what part of Aviat Networks Inc is doing great or needs improvement (it only looks at total revenue and total net income).

How to calculate net profit margin

Net profit margin = net income / total revenue * 100%

Real example of Aviat Networks Inc

You need the following data to determine net profit margin:

Income statement from the period you want to calculate (for example, MRQ or TTM).

Net income MRQ Aviat Networks Inc = 2,890
Total revenue MRQ Aviat Networks Inc = 95,036
$2,890 / $95,036 = 0.03 or 3.0%

Higher is better

The higher the net profit margin, the more efficient the company is generating income. This helps investors to determine how the company is managing money. The net profit margin is an important indicator when diving into the financial health of a company. Overall, you want to see the net profit margin rising over the years. That means the company improved their production and made it more efficient (if possible).

You can use the net profit margin to compare companies within the same industry. If there are two companies where one is much bigger but the smaller one has a higher net profit margin, that means the smaller company is more efficiently using operational costs.

Important: Profit margins can be very different between industries. Companies with assembly lines or transports are much more prone to see shifting in prices for fuel, ingredients and maintenance compared to companies that only provide services. You should never compare net profit margin between different industries.

1.1.2. Return on Assets

Shows how efficient Aviat Networks Inc is using its assets to generate profit.

Above 5% is considered healthy but always compare Aviat Networks Inc to the Communication Equipment industry mean.
0.6% Return on Assets means that Aviat Networks Inc generated $0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Aviat Networks Inc:

The MRQ is 0.6%. Using its assets, the company is inefficient in making profit. -1
The TTM is 1.0%. Using its assets, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	0.6%	TTM	1.0%	-0.4%
TTM	1.0%	YOY	1.0%	-0.1%
TTM	1.0%	5Y	2.7%	-1.7%
5Y	2.7%	10Y	0.4%	+2.3%

Compared to industry (Communication Equipment)

Period	Company	Industry (mean)	+/-
MRQ	0.6%	0.2%	+0.4%
TTM	1.0%	0.5%	+0.5%
YOY	1.0%	0.9%	+0.1%
5Y	2.7%	0.5%	+2.2%
10Y	0.4%	0.6%	-0.2%

Shows how efficient Aviat Networks Inc is using its assets to generate profit.

For a farm, a tractor is considered an asset. The tractor helps ploughing the land making it possible to plant and harvest crops. But the tractor might be old and needing maintenance all the time reducing its efficiency. Return on assets indicates how effectively the farm is using the tractor (and other assets that help the core business) to plough the land.

How to use return on assets

Higher is better.
Above 5% is considered healthy but always compare Aviat Networks Inc to the Communication Equipment industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on assets in their analysis

Shows the investor how effectively Aviat Networks Inc is using its resources to generate profit. If the return on assets (0.6%) from Aviat Networks Inc are higher than the Communication Equipment mean (0.2%) that means Aviat Networks Inc is using its resources better than their competitors. If not, that means their competitors are more efficient in using their resources to generate profit.

An investor should always look at:

What is the current return on assets?
The current most recent quarter (MRQ) Return on Assets of Aviat Networks Inc is 0.6%. This means the company generated $0.01 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Communication Equipment industry is 0.2%.
What is the trend?
The trend is important because it shows you how Aviat Networks Inc is performing over time. The most recent quarter might be important if Aviat Networks Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Aviat Networks Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
If a company has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

How to calculate return on assets

Return on assets = net income / total assets * 100%

Real example Aviat Networks Inc

You need the following data to determine return on assets (ROA):

Income statement
Balance sheet

Net income MRQ (income statement) from Aviat Networks Inc = 2,890
Total assets MRQ (balance sheet) from Aviat Networks Inc = 500,107
2,890 / 500,107 = 0.01 or 0.6%

ROA is an important ratio as it will tell you how effectively Aviat Networks Inc is using its resources to generate profits. Example:

Bob and Kristin both sell ice cream in the summer. They both have an ice cream truck. The truck Bob owes cost him $20.000 and the truck Kristin owes cost her $1500. Over the summer, Bob earned $2000 and Kristin earned $200. To calculate the return on assets:

Bob: $2000 / $20.000 * 100% = 10%
Kristin: $200 / $1500 * 100% = 13.3%

This tells you Bob’s company is more valuable but Kristin's company is more efficient. Be aware that total assets can change over time. A transportation business will buy and sell trucks or planes all the time. Before using return on assets as a guideline, you have to know what the exact assets are. For a company that has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

1.1.3. Return on Equity

Shows how efficient Aviat Networks Inc is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Aviat Networks Inc to the Communication Equipment industry mean.
1.1% Return on Equity means Aviat Networks Inc generated $0.01 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Aviat Networks Inc:

The MRQ is 1.1%. Using its investors money, the company is inefficient in making profit. -1
The TTM is 1.7%. Using its investors money, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	1.1%	TTM	1.7%	-0.5%
TTM	1.7%	YOY	1.7%	0.0%
TTM	1.7%	5Y	4.9%	-3.2%
5Y	4.9%	10Y	-0.1%	+4.9%

Compared to industry (Communication Equipment)

Period	Company	Industry (mean)	+/-
MRQ	1.1%	0.8%	+0.3%
TTM	1.7%	1.0%	+0.7%
YOY	1.7%	2.0%	-0.3%
5Y	4.9%	0.9%	+4.0%
10Y	-0.1%	1.5%	-1.6%

Shows how efficient Aviat Networks Inc is using its investors money to generate profit.

A publicly traded company (any company that issues shares to the public) is owned by its shareholders. Return on equity calculates the amount of profit for every $1 the shareholders invested.

How to use return on equity

Higher is better.
Above 15%-20% is considered healthy but always compare Aviat Networks Inc to the Communication Equipment industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on equity in their analysis

To find out the owners/management's attitude toward their company. You typically want the owners/management to invest in the company and focus on generating profit. If not enough profit is generated (compared to the Communication Equipment industry mean), the company might not be investing their money efficiently.

The three steps every investor should look at:

What is the current return on equity?
The current most recent quarter (MRQ) Return on Equity of Aviat Networks Inc is 1.1%. This means Aviat Networks Inc generated $0.01 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Communication Equipment industry is 0.8%.
What is the trend?
The trend is important because it shows you how Aviat Networks Inc is performing over time. The most recent quarter might be important if Aviat Networks Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Aviat Networks Inc up to 10 years back (depending if Aviat Networks Inc existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Does not include intangible assets (non physical assets like licences, computer software, etc.).
Stockholders equity and shareholders equity refer to the same thing.
Liabilities should not be more than three times return on equity.

How to calculate return on equity

Return on equity = net profit / shareholders equity * 100%

Real example of Aviat Networks Inc

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Aviat Networks Inc = 2,890
Shareholders equity (balance sheet) MRQ Aviat Networks Inc = 253,936
2,890 / 253,936 = 0.01 or 1.1%

A negative shareholder equity is a warning sign. It means the company has more liabilities than assets. It might also mean that the owners did not invest enough money or they are taking money out of the business.

1.2. Operating Efficiency of Aviat Networks Inc.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Aviat Networks Inc is operating .

Measures how much profit Aviat Networks Inc makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
Above 15% is considered healthy but always compare Aviat Networks Inc to the Communication Equipment industry mean.
An Operating Margin of 9.5% means the company generated $0.09 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Aviat Networks Inc:

The MRQ is 9.5%. The company is operating less efficient.
The TTM is 7.4%. The company is operating less efficient.

Trends

Current period		Compared to		+/-
MRQ	9.5%	TTM	7.4%	+2.0%
TTM	7.4%	YOY	9.0%	-1.5%
TTM	7.4%	5Y	6.3%	+1.1%
5Y	6.3%	10Y	0.7%	+5.7%

Compared to industry (Communication Equipment)

Period	Company	Industry (mean)	+/-
MRQ	9.5%	1.9%	+7.6%
TTM	7.4%	1.4%	+6.0%
YOY	9.0%	3.6%	+5.4%
5Y	6.3%	2.7%	+3.6%
10Y	0.7%	2.6%	-1.9%

Measures how efficient Aviat Networks Inc is operating .

The more effecient a company creates products or provides services, the more profit it generates.

How to use operating margin

Higher is better
Above 15% is considered healthy but always compare Aviat Networks Inc to the Communication Equipment industry mean.
Can be very different between industries
Can be used to compare companies

Why do investors use operating margin in their analysis

To determine how much profit Aviat Networks Inc is making from it’s core business.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Operating Margin of Aviat Networks Inc is 9.5%. This means that Aviat Networks Inc earned $0.09 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Communication Equipment industry is 1.9%.
What is the trend?
The trend is important because it shows you how Aviat Networks Inc is performing over time. The most recent quarter might be important if Aviat Networks Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Aviat Networks Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Can be calculated in different ways

How to calculate operating margin

Operating margin = operating earnings / total revenue

Real example of Aviat Networks Inc

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Aviat Networks Inc = 4,994
Total revenue MRQ Aviat Networks Inc = 95,036
$4,994 / $95,036 = 0.09 or 9.5%

Operating margin is used to calculate how much profit a company makes after variable costs of production but before paying interest and taxes. Some variable costs examples are wages, raw materials, packaging, and transaction fees. The amount of variable costs is different for each company and industry. In general, a higher operating margin is better as this implicates that a company is running efficiently.

For investors, a higher operating margin is a good sign. Although you should always look at operating margin in the long term. If operating margin is fluctuating over the years this might be a sign that things are not running efficiently enough. It’s a way to check how much profit a company is making from its core business.

Operation earnings can be calculated in multiple ways:

Operation earnings = EBIT - non operating income + non operating expense
Operation earnings = Gross profit - operating expense - depreciation and amortisation
Operation earnings = Total revenue - COGS (costs of goods sold) - indirect costs

1.2.2. Operating Ratio

Measures how efficient Aviat Networks Inc is keeping operating costs low.

Below 1 is considered healthy (always compare to Communication Equipment industry mean).
An Operation Ratio of 0.93 means that the operating costs are $0.93 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Aviat Networks Inc:

The MRQ is 0.926. The company is less efficient in keeping operating costs low.
The TTM is 0.924. The company is less efficient in keeping operating costs low.

Trends

Current period		Compared to		+/-
MRQ	0.926	TTM	0.924	+0.003
TTM	0.924	YOY	0.912	+0.012
TTM	0.924	5Y	0.966	-0.042
5Y	0.966	10Y	1.006	-0.040

Compared to industry (Communication Equipment)

Period	Company	Industry (mean)	+/-
MRQ	0.926	1.551	-0.625
TTM	0.924	1.515	-0.591
YOY	0.912	1.521	-0.609
5Y	0.966	1.499	-0.533
10Y	1.006	1.317	-0.311

Measures how efficient Aviat Networks Inc is keeping operating costs low.

If the operating ratio is below 1 that means the company is making money. The lower the operating ratio, the more efficient the company.

How to use operating ratio

Lower is better.
Below 1 is considered healthy but always compare Aviat Networks Inc to the Communication Equipment industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use operating ratio in their analysis

Shows if costs of creating products and or services is increasing or decreasing. The lower the operating ratio, the more efficient the company is creating products and services.

The three steps every investor should look at:

What is the current Operatin ratio?
The current most recent quarter (MRQ) Operating Ratio of Aviat Networks Inc is 92.6%. This means that Aviat Networks Inc earned $0.93 for each $1 in net sales in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Ratio of the Communication Equipment industry is 1.55.
What is the trend?
The trend is important because it shows you how Aviat Networks Inc is performing over time. The most recent quarter might be important if Aviat Networks Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Aviat Networks Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
You need COGS to calculate operating ratio which is not always shown in the income statement.
Does not consider debt.

How to calculate operating ratio

Operating ratio = Operating expenses + COGS \ Net sales

Real life example Aviat Networks Inc

You need the following data to determine operating ratio:

Income statement

COGS is not always specified on the income statement. If so you can use the following calculation:

(cost of revenue + total operating expenses) \ total revenue
(58,206 +29,836) \ 95,036 = 0.93

The operating ratio measures the efficiency of a company at keeping low costs while generating profits from sales. It compares the total operating expenses to the net amount of sales. The total operating expenses exists of:

COGS (materials, labour, rent of facility, repairs)
Operating expenses (legal fees, marketing, wages, rent, maintenance/repairs)

Operating expenses are all the costs the company makes that are not directly tied to the production of the service or product. Where COGS are costs that are directly tied to the production of a product or service.

Do note that COGS is not always available in the income statement. Some companies include COGS in the operating expenses while others list COGS separately. To make it even more confusing, COGS is also known as “costs of sales” and costs of sales is the same as costs of revenue.

The operating ratio tells you how efficient the company is creating its products or services while keeping prices low. In this case, a lower ratio is better. Higher or rising operating ratios might tell you that costs are rising while sales are not improving or staying the same.

1.3. Liquidity of Aviat Networks Inc.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Aviat Networks Inc is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Communication Equipment industry mean).
A Current Ratio of 2.00 means the company has $2.00 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Aviat Networks Inc:

The MRQ is 1.997. The company is able to pay all its short-term debts. +1
The TTM is 1.873. The company is able to pay all its short-term debts. +1

Trends

Current period		Compared to		+/-
MRQ	1.997	TTM	1.873	+0.124
TTM	1.873	YOY	1.852	+0.021
TTM	1.873	5Y	1.693	+0.180
5Y	1.693	10Y	1.642	+0.051

Compared to industry (Communication Equipment)

Period	Company	Industry (mean)	+/-
MRQ	1.997	1.902	+0.095
TTM	1.873	1.898	-0.025
YOY	1.852	1.876	-0.024
5Y	1.693	1.943	-0.250
10Y	1.642	1.897	-0.255

Measures if Aviat Networks Inc is able to pay off Short-term Debt.

How to use current ratio

Higher is better
Above 1.5 is considered healthy (always compare to Communication Equipment industry mean).
Can be very different between industries
Can be used to compare companies

Why do investors use current ratio in their analysis

Shows if the company can pay of short term debts if needed. A company that can't pay off it's short term debts might get in trouble if they have to pay off their short term debts for whatever reason. For example, markets can change due to global events like covid-19 or the war in Ukraine versus Russia. Because debts are always taken based on future income, it might become troublesome for Aviat Networks Inc if something happens in the market that will cause sales to plummet.

The three steps every investor should look at:

What is the current current Ratio?
The current most recent quarter (MRQ) Current Ratio of Aviat Networks Inc is 2.00. This means Aviat Networks Inc has $2.00 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Communication Equipment industry is 1.90.
What is the trend?
The trend is important because it shows you how Aviat Networks Inc is performing over time. The most recent quarter might be important if Aviat Networks Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Aviat Networks Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Might be deluded.
Not all assets can always be quickly sold.
Can be manipulated by increasing or decreasing the assets and/or liabilities.

How to calculate current ratio

Current ratio = current assets \ current liabilities

Real life example Aviat Networks Inc

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
366,961 \ 183,714) = 2.00

The current ratio measures if Aviat Networks Inc is able to pay short-term debts (obligations). Short term in this context means all debt obligations that are about to expire within one year. The current ratio incorporates current liabilities and current assets. Current assets are all the assets a company has that are expected to be consumed or sold within standard business operations. You can find the current assets in the balance sheet. They consist of:

Inventory
Accounts receivable
Marketable securities
Prepaid expenses
Cash
Cash equivalents
liquid assets

The current liabilities are short term obligations that are due within one year. These consist of:

Short term debts
Dividends
Income taxes
Short-term debts
Accounts payable
Interest payments

The result shows an investor if Aviat Networks Inc is able to pay all its short-term debts if they were due all at once. When the result of the above formula is below 1, then Aviat Networks Inc does not have enough capital after selling all its assets to pay all short-term debts. If the ratio drops far below 1 that might indicate Aviat Networks Inc is or will be in financial trouble anytime soon.

Although this gives an investor some clues, the current ratio may also be deluded. Because owning assets does not mean the company can easily sell them. Also, Accounts receivable may be quite old (they will probably never pay) which deludes the current ratio. As with all ratios, you should only compare them between the same industries and companies.

1.3.2. Quick Ratio

Measures if Aviat Networks Inc is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Aviat Networks Inc to the Communication Equipment industry mean.
A Quick Ratio of 1.49 means the company can pay off $1.49 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Aviat Networks Inc:

The MRQ is 1.486. The company is able to pay all its short-term debts with the most liquid assets. +1
The TTM is 1.419. The company is able to pay all its short-term debts with the most liquid assets. +1

Trends

Current period		Compared to		+/-
MRQ	1.486	TTM	1.419	+0.067
TTM	1.419	YOY	1.453	-0.034
TTM	1.419	5Y	1.321	+0.098
5Y	1.321	10Y	1.242	+0.079

Compared to industry (Communication Equipment)

Period	Company	Industry (mean)	+/-
MRQ	1.486	0.802	+0.684
TTM	1.419	0.846	+0.573
YOY	1.453	0.952	+0.501
5Y	1.321	1.015	+0.306
10Y	1.242	1.065	+0.177

Measures if Aviat Networks Inc is able to pay off Short-term Debt but only using the most liquid assets.

How to use quick ratio

Higher is better.
Above 1 is considered healthy but always compare Aviat Networks Inc to the Communication Equipment industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use quick ratio in their analysis

Shows how fast Aviat Networks Inc can pay off its short term debts. This shows if Aviat Networks Inc can survive emergencies due to market changes or other reasons.

The three steps every investor should look at:

What is the current Quick Ratio?
The current most recent quarter (MRQ) quickRatio of Aviat Networks Inc is 1.49. This means that Aviat Networks Inc can pay off $1.49 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Communication Equipment industry is 0.80.
What is the trend?
The trend is important because it shows you how Aviat Networks Inc is performing over time. The most recent quarter might be important if Aviat Networks Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Aviat Networks Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Incorporates only most liquid assets.

How to calculate quick ratio

Quick ratio = cash and equivalents + marketable securities + accounts receivable / current liabilities

Real life example Aviat Networks Inc

You need the following data to determine operating ratio:

Balance sheet
Quick ratio = cash and short-term investments + short-term investments + netReceivables / total current liabilities
MRQ quick ratio Aviat Networks Inc: (45,914 + 0 +227,095) / 183,714 = 1.49

The quick ratio measures the same thing as the current ratio, only it uses the most liquid assets a company has. Meaning, the assets that can be sold for cash the easiest and fastest.

As the quick ratio only incorporates the most liquid assets, you should also check the current ratio which also includes less liquid assets. But they may be harder to sell.

1.4. Solvency of Aviat Networks Inc.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Aviat Networks Inc assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Aviat Networks Inc to Communication Equipment industry mean.
A Debt to Asset Ratio of 0.49 means that Aviat Networks Inc assets are financed with 49.2% credit (debt) and the remaining percentage (100% - 49.2%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Aviat Networks Inc:

The MRQ is 0.492. The company is very able to pay all its debts by selling its assets. +2
The TTM is 0.422. The company is very able to pay all its debts by selling its assets. +2

Trends

Current period		Compared to		+/-
MRQ	0.492	TTM	0.422	+0.070
TTM	0.422	YOY	0.388	+0.034
TTM	0.422	5Y	0.485	-0.063
5Y	0.485	10Y	0.553	-0.068

Compared to industry (Communication Equipment)

Period	Company	Industry (mean)	+/-
MRQ	0.492	0.467	+0.025
TTM	0.422	0.469	-0.047
YOY	0.388	0.469	-0.081
5Y	0.485	0.471	+0.014
10Y	0.553	0.457	+0.096

Measures how much % of Aviat Networks Inc assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake Aviat Networks Inc than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Aviat Networks Inc to Communication Equipment industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to asset ratio in their analysis

It shows how much debt the company used to finance its assets. If a company is almost entirely financed with debt that means the company might get into serious trouble when emergencies arise like a raise in interest.

The three steps every investor should look at:

What is the current debt to asset ratio?
The current most recent quarter (MRQ) Debt to Asset Ratio of Aviat Networks Inc is 0.49. This means means that Aviat Networks Inc is financed with 49.2% credit and the remaining percentage is financed by it's owners (shareholders).
How does it compare to the industry?
The mean MRQ Current Ratio of the Communication Equipment industry is 190.2%.
What is the trend?
The trend is important because it shows you how Aviat Networks Inc is performing over time. The most recent quarter might be important if Aviat Networks Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Aviat Networks Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Some companies can have higher debt to assets ratio's (for example, banks).
Debt to asset ratio should improve over the years.
If the debt to asset ratio is above 1, look at the industry mean and find out why Aviat Networks Inc has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Aviat Networks Inc

You need the following data to determine debt to asset ratio:

Balance sheet
Debt to asset ratio = total debt \ total assets
246,171 \ 500,107 = 49.2% or 0.49.

The debt to total assets ratio shows if the company is owned by creditors or shareholders. Or in other words, the total debt in relation to the total amount of assets. It shows how much debt the company used to finance its assets.

1.4.2. Debt to Equity Ratio

Measures if Aviat Networks Inc is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Aviat Networks Inc to the Communication Equipment industry mean.
A Debt to Equity ratio of 96.9% means that company has $0.97 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Aviat Networks Inc:

The MRQ is 0.969. The company is very able to pay all its debts with equity. +2
The TTM is 0.739. The company is very able to pay all its debts with equity. +2

Trends

Current period		Compared to		+/-
MRQ	0.969	TTM	0.739	+0.230
TTM	0.739	YOY	0.635	+0.104
TTM	0.739	5Y	1.029	-0.290
5Y	1.029	10Y	1.353	-0.323

Compared to industry (Communication Equipment)

Period	Company	Industry (mean)	+/-
MRQ	0.969	0.847	+0.122
TTM	0.739	0.847	-0.108
YOY	0.635	0.880	-0.245
5Y	1.029	0.905	+0.124
10Y	1.353	0.948	+0.405

Measures if Aviat Networks Inc is able to pay off its debts by using shareholders equity.

How to use debt to equity ratio

Lower is better.
Below 2 is considered healthy (always use industry average).
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to shareholders equity ratio in their analysis

It shows how much debt the company uses to finance their operations. Shareholders equity is whats left over when you subtract total liabilities from total assets. It's another way to meassure how much of Aviat Networks Inc is financed with debt or own resources.

The three steps every investor should look at:

What is the current debt to equity ratio?
The current most recent quarter (MRQ) quickRatio of Aviat Networks Inc is 0.97. This means that Aviat Networks Inc can pay off $0.97 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Communication Equipment industry is 0.85.
What is the trend?
The trend is important because it shows you how Aviat Networks Inc is performing over time. The most recent quarter might be important if Aviat Networks Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Aviat Networks Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Not all debt is equally risky (for example, short term risk is less risky).

How to calculate debt to equity ratio

Debt to equity ratio = total debt \ shareholders equity.

Real life example Aviat Networks Inc

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
246,171 \ 253,936 = 0.97 or 96.9%

Debt to equity measures the total debt versus the total shareholders equity. While the total debts to total assets ratio uses total assets, the debt to equity ratio looks at the total equity of shareholders. Where equity of shareholders are:

Common shares.
Preferred shares.
Retained earnings.

You can find the shareholders' equity in the balance sheet. A ratio between 0,5 and 1,5 is preferred. If the ratio is above 1.5, that would indicate creditors have significantly more stake (debt) in the company than the shareholders. In other words, the company is using a lot of debt to finance their operations.

Not all debt is equally risky. Meaning you can adjust the ratio by including or excluding certain amounts of debt. Short term debts are less risky because they have to be paid back within one year anyway. It’s much easier to plan one year ahead versus five or ten years.

2. Market Valuation of Aviat Networks Inc

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Aviat Networks Inc generates.

Above 15 is considered overpriced but always compare Aviat Networks Inc to the Communication Equipment industry mean.
A PE ratio of 35.45 means the investor is paying $35.45 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Aviat Networks Inc:

The EOD is 36.014. Based on the earnings, the company is overpriced. -1
The MRQ is 35.449. Based on the earnings, the company is overpriced. -1
The TTM is 28.336. Based on the earnings, the company is overpriced. -1

Trends

Current period		Compared to		+/-
EOD	36.014	MRQ	35.449	+0.564
MRQ	35.449	TTM	28.336	+7.113
TTM	28.336	YOY	4.561	+23.776
TTM	28.336	5Y	55.772	-27.435
5Y	55.772	10Y	43.836	+11.936

Compared to industry (Communication Equipment)

Period	Company	Industry (mean)	+/-
EOD	36.014	5.240	+30.774
MRQ	35.449	5.845	+29.604
TTM	28.336	7.824	+20.512
YOY	4.561	11.818	-7.257
5Y	55.772	15.597	+40.175
10Y	43.836	18.927	+24.909

Measures how much money you pay for each share for every $1 in earnings Aviat Networks Inc generates.

Indicates if the company’s shares are under or overvalued.

How to use PE ratio

Above 15 is considered overpriced but is hard to determine. Always compare Aviat Networks Inc to the Communication Equipment industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use PE ratio in their analysis

The PE ratio tells investors the current sentiment in the market for that company. As with every stock, the stock price never shows the real valuation of a company but rather how the market thinks how much the stock is worth.

In other words, the current stock price also incorporates any future earnings or business opportunities in the future. The best example is the stock market crash in 2000. The PE ratio for any internet based company was going through the roof. Only based on the general assumption the internet and all associated businesses would thrive in the future. But this was based on nothing. A business still needs a good product or service to be able to survive. Instead, every investor bought any stock which did something related to the internet. Result: huge market crash.

Many investors were willing to pay premium prices and that was causing the PE ratio to rise. A high PE ratio is a warning sign that investors might be overvaluing a stock based on future earnings.

The three steps every investor should look at:

What is the current PE Ratio?
The current most recent quarter (MRQ) PE Ratio of Aviat Networks Inc is 35.45. This means the investor is paying $35.45 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Communication Equipment industry is 5.85.
What is the trend?
The trend is important because it shows you how Aviat Networks Inc is performing over time. The most recent quarter might be important if Aviat Networks Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Aviat Networks Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Some industries might have very high or very low PE ratios in general.
PE ratios can be high for several years, it does not mean a sudden collapse is imminent.
Earnings growth is not included in the PE ratio.

How to calculate PE ratio

PE ratio = market value per share \ earnings per share

Real life example Aviat Networks Inc

You need the following data to determine the PE ratio:

Balance sheet
Income statement

The PE ratio is a very commonly used ratio to determine the value of a company by comparing the current stock price relative to its earnings per share (EPS). Before we can calculate the PE ratio we need to know the EPS. EPS is calculated as follows:

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
0 \ 12,229 = EPS
PE ratio MRQ = 35.45

* The net profit minus preferred dividends can be found in the incomestatement as netIncomeApplicableToCommonShares.

The PE value helps investors to determine if the current stock price is under or overvalued. It also projects future growth.

In general, a higher PE ratio means that investors predict higher future growth. If the PE ratio is too high, then investors expect way too much future growth the company can never fulfil. This is most likely to happen in faster moving companies like tech companies or automobile companies like Tesla. These are hot and booming markets where investors expect much future growth driven by new technology (electric cars). When looking at the current MRQ (most recent quarter) PE ratio of Tesla ( jan. 2021) it's about 247 while the average in the industry is only 6. That might be a clue that Tesla is trading for way too high prices compared to their current assets and is more based on future growth.

2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Aviat Networks Inc:

The EOD is -13.477. Based on how much money comes from the company's main activities, the company is expensive. -2
The MRQ is -13.265. Based on how much money comes from the company's main activities, the company is expensive. -2
The TTM is -3.150. Based on how much money comes from the company's main activities, the company is expensive. -2

Trends

Current period		Compared to		+/-
EOD	-13.477	MRQ	-13.265	-0.211
MRQ	-13.265	TTM	-3.150	-10.116
TTM	-3.150	YOY	-5.714	+2.564
TTM	-3.150	5Y	22.515	-25.664
5Y	22.515	10Y	9.908	+12.607

Compared to industry (Communication Equipment)

Period	Company	Industry (mean)	+/-
EOD	-13.477	2.550	-16.027
MRQ	-13.265	2.603	-15.868
TTM	-3.150	0.199	-3.349
YOY	-5.714	-0.169	-5.545
5Y	22.515	1.885	+20.630
10Y	9.908	2.146	+7.762

2. Book Value per Share

2.3. Price to Book Ratio

Measures if the stock price of Aviat Networks Inc is to cheap or to expensive compared to its book value.

At or below 1 is considered healthy (always compare to Communication Equipment industry mean).
A PB ratio of 1.61 means the investor is paying $1.61 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Aviat Networks Inc:

The EOD is 1.639. Based on the equity, the company is underpriced. +1
The MRQ is 1.614. Based on the equity, the company is underpriced. +1
The TTM is 1.814. Based on the equity, the company is underpriced. +1

Trends

Current period		Compared to		+/-
EOD	1.639	MRQ	1.614	+0.026
MRQ	1.614	TTM	1.814	-0.200
TTM	1.814	YOY	1.778	+0.035
TTM	1.814	5Y	2.491	-0.678
5Y	2.491	10Y	2.160	+0.331

Compared to industry (Communication Equipment)

Period	Company	Industry (mean)	+/-
EOD	1.639	1.824	-0.185
MRQ	1.614	1.868	-0.254
TTM	1.814	1.982	-0.168
YOY	1.778	1.991	-0.213
5Y	2.491	2.280	+0.211
10Y	2.160	2.647	-0.487

2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Aviat Networks Inc.

3.1. Institutions holding Aviat Networks Inc

Institutions are holding 75.187% of the shares of Aviat Networks Inc.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	Paradigm Capital Management, Inc.	7.0462	1.5019	884112	6300	0.7177
2023-12-31	BlackRock Inc	6.1837	0.0007	775885	49020	6.744
2023-12-31	Royce & Associates, LP	4.8637	0.1841	610262	-36043	-5.5768
2023-12-31	Vanguard Group Inc	4.307	0.0004	540409	26110	5.0768
2023-12-31	Punch & Associates Inv Mgmt Inc	4.0834	0.9784	512360	14977	3.0112
2023-12-31	Select Equity Group LP	3.4546	0.0504	433461	22071	5.365
2023-12-31	Dimensional Fund Advisors, Inc.	3.1602	0.0038	396521	6506	1.6681
2023-12-31	Renaissance Technologies Corp	2.1511	0.0136	269906	-25522	-8.639
2023-12-31	Wellington Management Company LLP	2.1155	0.0016	265434	-1900	-0.7107
2023-12-31	Geode Capital Management, LLC	2.0067	0.0009	251780	18011	7.7046
2023-12-31	Hodges Capital Management Inc	1.7973	0.3906	225510	125075	124.5333
2023-12-31	State Street Corporation	1.7261	0.0003	216582	13229	6.5054
2023-12-31	FMR Inc	1.6503	0.0005	207062	206301	27109.1984
2023-12-31	B. Riley Asset Management, LLC	1.6212	2.1973	203411	47133	30.1597
2023-12-31	JPMorgan Chase & Co	1.6001	0.0006	200764	20703	11.4978
2023-12-31	Arnhold & S. Bleichroeder Advisers, LLC	1.5566	0.0152	195309	-3851	-1.9336
2023-12-31	LSV Asset Management	1.4453	0.0129	181340	-186351	-50.6814
2023-12-31	Awm Investment Company Inc	1.0425	0.562	130808	7169	5.7983
2023-12-31	Penderfund Capital Management Ltd	1.0323	1.8272	129524	0	0
2023-09-30	Oberweis Asset Management Inc	0.9987	0.4153	125307	15800	14.4283
Total		53.8425	8.1577	6755747	+324738	+4.8%

3.2. Funds holding Aviat Networks Inc

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2024-02-29	Vanguard Total Stock Mkt Idx Inv	2.3998	0.0007	301106	0	0
2024-03-28	iShares Russell 2000 ETF	2.2123	0.0163	277585	135	0.0487
2023-12-31	Royce Small-Cap Opportunity Invmt	1.4917	0.475	187165	-43586	-18.8888
2023-12-31	First Eagle US Small Cap Strategy	1.4449	0.3507	181294	-4316	-2.3253
2024-02-29	First Eagle Small Cap Opportunity I	1.4119	0.3551	177151	-4143	-2.2852
2024-02-29	Vanguard Institutional Extnd Mkt Idx Tr	1.3553	0.0059	170056	2697	1.6115
2024-02-29	JPMorgan Small Cap Value I	1.1334	0.3677	142211	106803	301.6352
2023-12-31	Pender Small Cap Opportunities F	1.0323	2.2816	129524	0	0
2023-12-31	Oberweis Micro-Cap Growth	1.0298	0.9332	129207	3900	3.1124
2023-12-31	Oberweis Micro-Cap	1.0298	0.934	129207	3900	3.1124
2023-12-31	Royce Capital Small-Cap Inv	1.0147	1.3314	127318	-5553	-4.1792
2023-12-31	Herald Ord	0.9962	0.2668	125000	15000	13.6364
2024-03-31	Paradigm Micro-Cap	0.9564	2.7885	120000	0	0
2024-01-31	Fidelity Small Cap Index	0.9233	0.0139	115844	2366	2.085
2024-03-28	iShares Russell 2000 Value ETF	0.8596	0.033	107862	-68	-0.063
2023-12-31	Royce Pennsylvania Mutual Invmt	0.8536	0.1874	107102	4771	4.6623
2023-12-31	FTGF RY US SmCp Opp A USD Dis(A)	0.8118	0.4633	101861	-15283	-13.0463
2023-12-31	Putnam Small Cap Value A	0.6906	1.0128	86649	-33100	-27.6411
2023-12-31	Putnam Small Cap Value Managed Account	0.6906	1.0227	86649	-33100	-27.6411
2023-12-31	Putnam U.S. Small Cap Value Equity	0.6906	1.0227	86649	-33100	-27.6411
Total		23.0286	13.8627	2889440	-32677	-1.1%

3.3. Insider Transactions

Insiders are holding 10.085% of the shares of Aviat Networks Inc.

Date	Owner	Type	Amount	Price
2023-09-07	Bryan Tucker	SELL	5324	34.44
2023-09-07	David M Gray	SELL	206	34.44
2023-09-07	Pete A Smith	SELL	13099	34.44
2023-05-12	Pete A Smith	BUY	1000	29.83

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Aviat Networks Inc compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	2.215	0.905	+145%	0.311	+612%	0.723	+206%	0.243	+811%
Book Value Per Share	-	-	20.238	18.242	+11%	16.079	+26%	11.792	+72%	8.843	+129%
Current Ratio	-	-	1.997	1.873	+7%	1.852	+8%	1.693	+18%	1.642	+22%
Debt To Asset Ratio	-	-	0.492	0.422	+17%	0.388	+27%	0.485	+1%	0.553	-11%
Debt To Equity Ratio	-	-	0.969	0.739	+31%	0.635	+53%	1.029	-6%	1.353	-28%
Dividend Per Share	-	-	0.026	0.020	+30%	0.014	+93%	0.075	-65%	0.038	-31%
Eps	-	-	0.230	0.301	-24%	0.276	-17%	0.603	-62%	0.168	+37%
Free Cash Flow Per Share	-	-	-0.616	0.151	-507%	-0.415	-33%	0.057	-1187%	-0.011	-98%
Free Cash Flow To Equity Per Share	-	-	3.379	1.139	+197%	-0.464	+114%	0.181	+1766%	-0.066	+102%
Gross Profit Margin	-	-	1.000	1.000	0%	1.000	0%	-13.592	+1459%	-9.354	+1035%
Intrinsic Value_10Y_max	-	-	-9.850	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	-34.773	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	-0.179	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	-0.831	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	-1.155	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	-4.810	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	-2.872	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	-11.293	-	-	-	-	-	-	-	-
Market Cap	416319414.000	+2%	409794818.000	413088484.250	-1%	358790043.500	+14%	339458239.143	+21%	225651806.120	+82%
Net Profit Margin	-	-	0.030	0.043	-29%	0.043	-29%	0.109	-72%	0.027	+11%
Operating Margin	-	-	0.095	0.074	+27%	0.090	+5%	0.063	+49%	0.007	+1297%
Operating Ratio	-	-	0.926	0.924	+0%	0.912	+2%	0.966	-4%	1.006	-8%
Pb Ratio	1.639	+2%	1.614	1.814	-11%	1.778	-9%	2.491	-35%	2.160	-25%
Pe Ratio	36.014	+2%	35.449	28.336	+25%	4.561	+677%	55.772	-36%	43.836	-19%
Price Per Share	33.180	+2%	32.660	32.923	-1%	28.595	+14%	27.054	+21%	17.984	+82%
Price To Free Cash Flow Ratio	-13.477	-2%	-13.265	-3.150	-76%	-5.714	-57%	22.515	-159%	9.908	-234%
Price To Total Gains Ratio	14.806	+2%	14.574	55.730	-74%	-1.441	+110%	29.108	-50%	78.087	-81%
Quick Ratio	-	-	1.486	1.419	+5%	1.453	+2%	1.321	+12%	1.242	+20%
Return On Assets	-	-	0.006	0.010	-41%	0.010	-45%	0.027	-79%	0.004	+30%
Return On Equity	-	-	0.011	0.017	-32%	0.017	-33%	0.049	-77%	-0.001	+106%
Total Gains Per Share	-	-	2.241	0.926	+142%	0.325	+590%	0.798	+181%	0.281	+696%
Usd Book Value	-	-	253936000.000	228884500.000	+11%	201750250.000	+26%	147951904.762	+72%	110951512.195	+129%
Usd Book Value Change Per Share	-	-	2.215	0.905	+145%	0.311	+612%	0.723	+206%	0.243	+811%
Usd Book Value Per Share	-	-	20.238	18.242	+11%	16.079	+26%	11.792	+72%	8.843	+129%
Usd Dividend Per Share	-	-	0.026	0.020	+30%	0.014	+93%	0.075	-65%	0.038	-31%
Usd Eps	-	-	0.230	0.301	-24%	0.276	-17%	0.603	-62%	0.168	+37%
Usd Free Cash Flow	-	-	-7723000.000	1898000.000	-507%	-5210500.000	-33%	710333.333	-1187%	-133048.780	-98%
Usd Free Cash Flow Per Share	-	-	-0.616	0.151	-507%	-0.415	-33%	0.057	-1187%	-0.011	-98%
Usd Free Cash Flow To Equity Per Share	-	-	3.379	1.139	+197%	-0.464	+114%	0.181	+1766%	-0.066	+102%
Usd Market Cap	416319414.000	+2%	409794818.000	413088484.250	-1%	358790043.500	+14%	339458239.143	+21%	225651806.120	+82%
Usd Price Per Share	33.180	+2%	32.660	32.923	-1%	28.595	+14%	27.054	+21%	17.984	+82%
Usd Profit	-	-	2890000.000	3780750.000	-24%	3465500.000	-17%	7566095.238	-62%	1780951.220	+62%
Usd Revenue	-	-	95036000.000	89315250.000	+6%	80967750.000	+17%	72635809.524	+31%	71218926.829	+33%
Usd Total Gains Per Share	-	-	2.241	0.926	+142%	0.325	+590%	0.798	+181%	0.281	+696%
	EOD	+5 -3	MRQ	TTM	+18 -17	YOY	+21 -14	5Y	+22 -14	10Y	+29 -7

4.2. Fundamental Score

Let's check the fundamental score of Aviat Networks Inc based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	36.014
Price to Book Ratio (EOD)	Between	0-1	1.639
Net Profit Margin (MRQ)	Greater than	0	0.030
Operating Margin (MRQ)	Greater than	0	0.095
Quick Ratio (MRQ)	Greater than	1	1.486
Current Ratio (MRQ)	Greater than	1	1.997
Debt to Asset Ratio (MRQ)	Less than	1	0.492
Debt to Equity Ratio (MRQ)	Less than	1	0.969
Return on Equity (MRQ)	Greater than	0.15	0.011
Return on Assets (MRQ)	Greater than	0.05	0.006
Total			6/10 (60.0%)

Create your own Stock Scanner

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4.3. Technical Score

Let's check the technical score of Aviat Networks Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	37.797
Ma 20	Greater than	Ma 50	35.009
Ma 50	Greater than	Ma 100	35.149
Ma 100	Greater than	Ma 200	33.367
Open	Greater than	Close	32.990
Total			2/5 (40.0%)

Create your own Symbol Scanner

Trading is personal. The best traders buy and sell based on their own technical analysis. Create your personal Symbol Scanner with the technical indicators that are important to you.
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Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

		2022-12-31		2023-03-31		2023-06-30		2023-09-30		2023-12-31
Net Debt		-18,208	4,928	-13,280	-6,212	-19,492	-12,814	-32,306	39,233	6,927

Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary

Total Assets	500,107
Total Liabilities	246,171
Total Stockholder Equity	253,936

	As reported
Total Liabilities	246,171
Total Stockholder Equity	+ 253,936
Total Assets	= 500,107

Assets

Total Assets	500,107
Total Current Assets	366,961
Long-term Assets	133,146

Total Current Assets

Total Current Assets (as reported)	366,961
Cash And Cash Equivalents	45,914
Net Receivables	227,095
Inventory	66,784
Other Current Assets	27,168
Total Current Assets (calculated)	366,961
+/-	0

Long-term Assets

Long-term Assets (as reported)	133,146
Property Plant Equipment	12,548
Goodwill	5,653
Intangible Assets	15,735
Long-term Assets Other	12,824
Long-term Assets (calculated)	46,760
+/-	86,386

Liabilities & Shareholders' Equity

Total Current Liabilities	183,714
Long-term Liabilities	62,457
Total Stockholder Equity	253,936

Total Current Liabilities

Total Current Liabilities (as reported)	183,714
Short-term Debt	3,172
Short Long Term Debt	2,395
Accounts payable	67,382
Other Current Liabilities	58,176
Total Current Liabilities (calculated)	131,125
+/-	52,589

Long-term Liabilities

Long-term Liabilities (as reported)	62,457
Long term Debt	47,151
Capital Lease Obligations	3,295
Long-term Liabilities Other	391
Long-term Liabilities (calculated)	50,837
+/-	11,620

Total Stockholder Equity

Total Stockholder Equity (as reported)	253,936
Common Stock	125
Retained Earnings	-581,019
Accumulated Other Comprehensive Income	-15,426
Other Stockholders Equity	850,256
Total Stockholder Equity (calculated)	253,936
+/-	0

Other

Capital Stock	125
Cash and Short Term Investments	45,914
Common Stock Shares Outstanding	12,229
Current Deferred Revenue	54,984
Liabilities and Stockholders Equity	500,107
Net Debt	6,927
Net Invested Capital	303,482
Net Working Capital	183,247
Property Plant and Equipment Gross	74,604
Short Long Term Debt Total	52,841

Balance Sheet

Currency in USD. All numbers in thousands.

Trend

2023-12-31

2023-09-30

2023-06-30

2023-03-31

2022-12-31

2022-09-30

2022-06-30

2022-03-31

2021-12-31

2021-09-30

2021-06-30

2021-03-31

2020-12-31

2020-09-30

2020-06-30

2020-03-31

2020-01-31

2019-12-31

2019-09-30

2019-06-30

2019-03-31

2018-12-31

2018-09-30

2018-06-30

2018-03-31

2017-12-31

2017-09-30

2017-06-30

2017-03-31

2016-12-31

2016-09-30

2016-06-30

2016-03-31

2015-12-31

2015-09-30

2015-06-30

2015-03-31

2014-12-31

2014-09-30

2014-06-30

2014-03-31

2013-12-31

2013-09-30

2013-06-30

2013-03-31

2012-12-31

2012-09-30

2012-06-30

2012-03-31

2011-12-31

2011-09-30

2011-06-30

2011-03-31

2010-12-31

2010-09-30

2010-06-30

2010-03-31

2009-12-31

2009-09-30

2009-06-30

2009-03-31

2008-12-31

2008-09-30

2008-06-30

2008-03-31

2007-12-31

2007-09-30

2007-06-30

2007-03-31

2006-12-31

2006-09-30

2006-06-30

2006-03-31

2005-12-31

2005-09-30

2005-06-30

2005-03-31

2004-12-31

2004-09-30

2004-06-30

2004-03-31

2003-12-31

2003-09-30

2003-06-30

2003-03-31

2002-12-31

2002-09-30

2002-06-30

2002-03-31

2001-12-31

2001-09-30

2001-06-30

2001-03-31

2000-12-31

2000-09-30

2000-06-30

2000-03-31

1999-12-31

> Total Assets

266,021
337,441
353,380
371,384
379,287
326,780
294,765
295,673
230,729
214,117
206,464
202,314
184,048
184,785
174,444
167,155
161,901
163,244
176,030
189,448
171,572
160,631
152,056
153,965
168,708
180,830
184,352
184,154
357,800
975,400
1,038,100
1,035,800
1,035,600
1,023,400
977,300
981,400
642,800
593,600
600,200
568,900
562,600
541,100
447,000
415,500
451,900
410,700
383,900
365,100
329,800
340,800
329,600
326,600
327,100
304,100
305,800
297,800
279,400
255,200
253,200
253,700
242,400
219,200
224,700
229,400
209,300
191,500
166,111
152,826
156,918
151,524
152,576
152,214
160,210
153,884
156,061
159,191
161,184
167,203
169,193
176,333
179,819
179,761
179,761
179,801
176,773
193,376
290,576
297,653
308,919
317,123
319,682
323,904
326,728
349,288
364,662
364,496
370,299
500,107

500,107

370,299

364,496

364,662

349,288

326,728

323,904

319,682

317,123

308,919

297,653

290,576

193,376

176,773

179,801

179,761

179,819

176,333

169,193

167,203

161,184

159,191

156,061

153,884

160,210

152,214

152,576

151,524

156,918

152,826

166,111

191,500

209,300

229,400

224,700

219,200

242,400

253,700

253,200

255,200

279,400

297,800

305,800

304,100

327,100

326,600

329,600

340,800

329,800

365,100

383,900

410,700

451,900

415,500

447,000

541,100

562,600

568,900

600,200

593,600

642,800

981,400

977,300

1,023,400

1,035,600

1,035,800

1,038,100

975,400

357,800

184,154

184,352

180,830

168,708

153,965

152,056

160,631

171,572

189,448

176,030

163,244

161,901

167,155

174,444

184,785

184,048

202,314

206,464

214,117

230,729

295,673

294,765

326,780

379,287

371,384

353,380

337,441

266,021

> Total Current Assets

209,809
282,210
298,262
308,855
312,382
264,450
241,878
244,519
182,849
170,496
167,741
166,553
153,413
155,593
145,320
137,281
128,165
128,291
140,807
155,506
140,786
131,127
124,337
126,879
142,724
156,176
160,249
159,885
239,000
430,300
473,300
484,800
488,100
484,400
460,100
468,000
457,700
416,500
436,100
407,700
406,200
389,600
372,500
348,900
380,100
365,800
350,300
331,900
303,600
315,300
304,600
302,100
301,800
276,800
274,300
263,800
246,300
222,400
218,200
218,700
209,300
188,500
191,100
195,800
179,400
163,300
140,414
127,581
133,119
128,767
124,585
123,863
128,243
121,344
123,466
125,306
127,084
126,071
125,997
125,967
130,326
137,394
137,394
139,950
137,958
156,375
164,284
170,239
183,686
195,047
196,606
206,401
196,955
223,525
236,504
237,704
244,410
366,961

366,961

244,410

237,704

236,504

223,525

196,955

206,401

196,606

195,047

183,686

170,239

164,284

156,375

137,958

139,950

137,394

130,326

125,967

125,997

126,071

127,084

125,306

123,466

121,344

128,243

123,863

124,585

128,767

133,119

127,581

140,414

163,300

179,400

195,800

191,100

188,500

209,300

218,700

218,200

222,400

246,300

263,800

274,300

276,800

301,800

302,100

304,600

315,300

303,600

331,900

350,300

365,800

380,100

348,900

372,500

389,600

406,200

407,700

436,100

416,500

457,700

468,000

460,100

484,400

488,100

484,800

473,300

430,300

239,000

159,885

160,249

156,176

142,724

126,879

124,337

131,127

140,786

155,506

140,807

128,291

128,165

137,281

145,320

155,593

153,413

166,553

167,741

170,496

182,849

244,519

241,878

264,450

312,382

308,855

298,262

282,210

209,809

Cash And Cash Equivalents

29,114
58,339
30,970
34,612
18,853
25,963
16,077
48,543
40,687
35,888
27,926
26,876
27,405
34,036
30,984
32,085
12,527
21,626
26,129
31,911
24,658
32,860
33,849
35,794
29,466
44,414
44,087
32,167
12,200
54,400
69,200
64,200
73,000
97,000
95,000
94,400
97,700
115,600
136,800
133,000
126,400
140,500
141,700
107,800
102,400
95,700
98,200
87,600
84,300
90,500
96,000
85,100
94,800
92,900
90,000
79,300
64,700
47,500
48,800
48,800
38,700
35,000
34,700
34,700
39,500
39,700
30,479
31,750
34,978
39,910
35,658
39,103
40,352
37,264
37,425
28,397
31,542
36,053
31,946
34,485
38,067
39,208
39,208
41,618
36,226
43,046
45,808
47,942
47,313
42,326
31,296
36,877
21,607
21,360
22,456
22,242
35,465
45,914

45,914

35,465

22,242

22,456

21,360

21,607

36,877

31,296

42,326

47,313

47,942

45,808

43,046

36,226

41,618

39,208

38,067

34,485

31,946

36,053

31,542

28,397

37,425

37,264

40,352

39,103

35,658

39,910

34,978

31,750

30,479

39,700

39,500

34,700

35,000

38,700

48,800

47,500

64,700

79,300

90,000

92,900

94,800

85,100

96,000

90,500

84,300

87,600

98,200

95,700

102,400

107,800

141,700

140,500

126,400

133,000

136,800

115,600

97,700

94,400

95,000

97,000

73,000

64,200

69,200

54,400

12,200

32,167

44,087

44,414

29,466

35,794

33,849

32,860

24,658

31,911

26,129

21,626

12,527

32,085

30,984

34,036

27,405

26,876

27,926

35,888

40,687

48,543

16,077

25,963

18,853

34,612

30,970

58,339

29,114

Short-term Investments

35,342
65,603
67,066
48,110
30,672
11,895
20,397
31,147
37,440
49,786
53,222
56,319
62,827
56,146
53,835
42,872
42,719
28,337
37,662
30,861
27,686
15,831
11,614
10,682
10,614
13,272
17,187
20,940
0
40,800
20,400
15,100
10,000
3,400
3,100
2,500
1,600
600
300
300
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
229
0
222
230
229
240
264
265
276
276
3
3
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10,893
1,252
2
0
2
0
0

1,252

10,893

276

265

264

240

229

230

222

229

300

600

1,600

2,500

3,100

3,400

10,000

15,100

20,400

40,800

20,940

17,187

13,272

10,614

10,682

11,614

15,831

27,686

30,861

37,662

28,337

42,719

42,872

53,835

56,146

62,827

56,319

53,222

49,786

37,440

31,147

20,397

11,895

30,672

48,110

67,066

65,603

35,342

Net Receivables

85,217
98,520
117,330
126,505
138,209
116,427
88,668
79,496
56,338
42,953
47,687
46,262
32,446
31,072
25,633
28,932
35,193
34,295
34,038
43,303
40,945
35,084
36,237
32,917
50,991
42,003
40,152
51,369
105,700
201,300
185,300
244,700
246,000
234,700
199,700
236,500
228,300
146,400
145,900
114,300
133,300
115,200
104,800
120,500
146,400
142,000
133,000
124,700
113,700
106,700
90,700
109,300
115,900
107,500
115,200
116,800
111,700
106,900
101,000
101,500
107,100
89,900
100,800
105,500
89,600
73,500
68,566
57,350
63,736
54,954
58,055
51,932
52,585
52,868
57,235
79,549
80,960
74,096
79,717
73,576
71,730
48,148
71,568
72,746
76,322
81,078
85,426
85,656
99,105
111,993
121,850
119,025
122,860
144,971
151,802
160,241
155,472
227,095

227,095

155,472

160,241

151,802

144,971

122,860

119,025

121,850

111,993

99,105

85,656

85,426

81,078

76,322

72,746

71,568

48,148

71,730

73,576

79,717

74,096

80,960

79,549

57,235

52,868

52,585

51,932

58,055

54,954

63,736

57,350

68,566

73,500

89,600

105,500

100,800

89,900

107,100

101,500

101,000

106,900

111,700

116,800

115,200

107,500

115,900

109,300

90,700

106,700

113,700

124,700

133,000

142,000

146,400

120,500

104,800

115,200

133,300

114,300

145,900

146,400

228,300

236,500

199,700

234,700

246,000

244,700

185,300

201,300

105,700

51,369

40,152

42,003

50,991

32,917

36,237

35,084

40,945

43,303

34,038

34,295

35,193

28,932

25,633

31,072

32,446

46,262

47,687

42,953

56,338

79,496

88,668

116,427

138,209

126,505

117,330

98,520

85,217

Inventory

48,038
48,547
69,993
87,202
110,877
92,863
101,684
76,628
39,961
31,094
25,085
20,637
17,477
20,307
21,502
20,289
27,324
33,101
30,983
36,775
36,340
36,780
30,990
35,028
40,340
43,867
46,496
38,980
85,000
130,300
135,700
135,100
130,000
125,300
93,500
102,800
110,700
93,600
98,600
128,200
118,400
100,100
73,500
96,300
103,200
91,100
71,800
70,300
61,800
69,000
75,300
71,300
73,900
57,300
51,200
48,800
51,600
48,300
49,500
49,500
44,400
45,400
39,100
39,100
36,800
36,700
30,357
26,857
23,056
22,516
23,665
24,776
26,193
23,696
22,797
10,006
9,706
11,258
9,509
12,188
14,474
15,454
15,454
15,231
15,659
18,790
23,127
24,867
25,511
27,386
30,476
27,169
34,957
37,060
40,940
33,057
30,659
66,784

66,784

30,659

33,057

40,940

37,060

34,957

27,169

30,476

27,386

25,511

24,867

23,127

18,790

15,659

15,231

15,454

14,474

12,188

9,509

11,258

9,706

10,006

22,797

23,696

26,193

24,776

23,665

22,516

23,056

26,857

30,357

36,700

36,800

39,100

45,400

44,400

49,500

48,300

51,600

48,800

51,200

57,300

73,900

71,300

75,300

69,000

61,800

70,300

71,800

91,100

103,200

96,300

73,500

100,100

118,400

128,200

98,600

93,600

110,700

102,800

93,500

125,300

130,000

135,100

135,700

130,300

85,000

38,980

46,496

43,867

40,340

35,028

30,990

36,780

36,340

36,775

30,983

33,101

27,324

20,289

21,502

20,307

17,477

20,637

25,085

31,094

39,961

76,628

101,684

92,863

110,877

87,202

69,993

48,547

48,038

Other Current Assets

9,544
9,916
11,658
10,983
12,473
16,027
13,831
7,503
7,197
10,775
13,821
16,459
13,258
12,289
11,505
13,103
10,402
10,932
11,995
12,656
11,157
10,572
11,647
12,458
11,313
12,620
12,327
16,429
36,100
3,500
58,600
20,700
22,000
17,500
56,200
19,800
19,400
60,300
54,500
67,700
28,100
33,800
52,500
24,300
28,100
37,000
46,500
49,300
43,800
49,100
41,600
36,400
17,200
19,100
17,900
18,900
18,300
19,700
18,900
18,900
19,100
18,200
15,000
16,500
12,100
11,900
10,790
11,394
11,120
11,147
6,402
7,246
7,065
5,967
6,006
7,351
4,873
4,664
4,825
5,718
6,055
11,164
11,164
10,355
9,751
11,243
7,705
9,556
9,539
11,124
12,984
12,437
16,279
20,132
21,306
22,162
22,814
27,168

27,168

22,814

22,162

21,306

20,132

16,279

12,437

12,984

11,124

9,539

9,556

7,705

11,243

9,751

10,355

11,164

6,055

5,718

4,825

4,664

4,873

7,351

6,006

5,967

7,065

7,246

6,402

11,147

11,120

11,394

10,790

11,900

12,100

16,500

15,000

18,200

19,100

18,900

19,700

18,300

18,900

17,900

19,100

17,200

36,400

41,600

49,100

43,800

49,300

46,500

37,000

28,100

24,300

52,500

33,800

28,100

67,700

54,500

60,300

19,400

19,800

56,200

17,500

22,000

20,700

58,600

3,500

36,100

16,429

12,327

12,620

11,313

12,458

11,647

10,572

11,157

12,656

11,995

10,932

10,402

13,103

11,505

12,289

13,258

16,459

13,821

10,775

7,197

7,503

13,831

16,027

12,473

10,983

11,658

9,916

9,544

> Long-term Assets

56,212
55,231
55,118
62,529
66,905
62,330
52,887
51,154
47,880
43,621
38,723
35,761
30,635
29,192
29,124
29,874
33,736
34,953
35,223
33,942
30,786
29,504
27,719
27,086
25,984
24,654
24,103
24,269
118,800
545,100
564,800
551,000
547,500
539,000
517,200
513,400
185,100
177,100
164,100
161,200
156,400
151,500
74,500
66,600
71,800
44,900
33,600
33,200
26,200
25,500
25,000
24,500
25,300
27,300
31,500
34,000
33,100
32,800
35,000
35,000
33,100
30,700
33,600
33,600
29,900
28,200
25,697
25,245
23,799
22,757
27,991
28,351
31,967
32,540
32,595
33,885
34,100
41,132
43,196
50,366
49,493
42,367
42,367
39,851
38,815
37,001
126,292
127,414
125,233
122,076
123,076
117,503
129,773
125,763
128,158
126,792
125,889
133,146

133,146

125,889

126,792

128,158

125,763

129,773

117,503

123,076

122,076

125,233

127,414

126,292

37,001

38,815

39,851

42,367

49,493

50,366

43,196

41,132

34,100

33,885

32,595

32,540

31,967

28,351

27,991

22,757

23,799

25,245

25,697

28,200

29,900

33,600

30,700

33,100

35,000

32,800

33,100

34,000

31,500

27,300

25,300

24,500

25,000

25,500

26,200

33,200

33,600

44,900

71,800

66,600

74,500

151,500

156,400

161,200

164,100

177,100

185,100

513,400

517,200

539,000

547,500

551,000

564,800

545,100

118,800

24,269

24,103

24,654

25,984

27,086

27,719

29,504

30,786

33,942

35,223

34,953

33,736

29,874

29,124

29,192

30,635

35,761

38,723

43,621

47,880

51,154

52,887

62,330

66,905

62,529

55,118

55,231

56,212

Property Plant Equipment

43,457
43,801
44,818
47,396
49,342
54,777
51,178
50,255
46,311
41,694
38,019
35,353
30,273
28,836
28,763
29,521
30,230
31,175
32,626
31,754
29,744
28,228
26,765
26,192
25,328
24,049
23,299
23,479
48,900
79,400
80,000
79,200
78,200
74,400
75,600
74,600
72,000
58,700
57,400
57,100
56,900
52,600
37,600
36,700
36,900
32,800
21,600
22,200
22,000
21,700
21,700
21,500
22,700
25,300
28,800
31,300
30,300
29,800
29,300
29,300
27,500
25,400
24,300
24,300
21,200
19,400
18,162
18,130
16,836
15,713
16,406
16,934
16,931
16,915
17,179
16,889
17,016
16,849
17,255
24,174
23,392
0
22,210
20,385
19,474
16,598
15,456
15,517
14,216
13,381
12,718
11,646
14,910
14,290
13,239
12,006
12,019
12,548

12,548

12,019

12,006

13,239

14,290

14,910

11,646

12,718

13,381

14,216

15,517

15,456

16,598

19,474

20,385

22,210

23,392

24,174

17,255

16,849

17,016

16,889

17,179

16,915

16,931

16,934

16,406

15,713

16,836

18,130

18,162

19,400

21,200

24,300

25,400

27,500

29,300

29,800

30,300

31,300

28,800

25,300

22,700

21,500

21,700

22,000

22,200

21,600

32,800

36,900

36,700

37,600

52,600

56,900

57,100

57,400

58,700

72,000

74,600

75,600

74,400

78,200

79,200

80,000

79,400

48,900

23,479

23,299

24,049

25,328

26,192

26,765

28,228

29,744

31,754

32,626

31,175

30,230

29,521

28,763

28,836

30,273

35,353

38,019

41,694

46,311

50,255

51,178

54,777

49,342

47,396

44,818

43,801

43,457

Goodwill

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
26,100
27,030
0
0
28,260
28,285
29,200
274,600
323,600
314,000
314,600
315,400
284,200
282,900
0
1,200
3,200
3,200
3,500
6,200
6,200
6,200
6,200
5,600
5,600
5,600
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,950
4,950
4,950
5,112
5,112
5,653

5,653

5,112

4,950

5,600

6,200

3,500

3,200

1,200

282,900

284,200

315,400

314,600

314,000

323,600

274,600

29,200

28,285

28,260

27,030

26,100

Long Term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,515
0
0
0
0
0
0
0

2,515

Intangible Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
40,180
34,077
0
0
43,819
34,363
5,500
150,600
154,200
150,700
146,700
142,800
139,600
136,100
109,300
113,200
93,400
80,800
77,300
74,000
15,900
6,600
5,800
4,900
4,100
3,200
2,300
2,100
1,800
1,500
1,300
1,000
800
700
600
500
400
400
200
100
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,166
7,042
6,918
9,046
8,870
15,735

15,735

8,870

9,046

6,918

7,042

7,166

100

200

400

500

600

700

800

1,000

1,300

1,500

1,800

2,100

2,300

3,200

4,100

4,900

5,800

6,600

15,900

74,000

77,300

80,800

93,400

113,200

109,300

136,100

139,600

142,800

146,700

150,700

154,200

150,600

5,500

34,363

43,819

34,077

40,180

Long-term Assets Other

12,755
11,430
10,300
15,133
17,563
7,553
1,709
899
1,569
1,927
704
408
362
356
361
353
1,499
2,197
1,411
1,398
1,042
1,276
954
894
656
605
804
790
19,000
34,200
1,200
6,500
7,900
6,400
1,600
4,200
3,800
3,400
1,700
12,100
11,200
10,500
1,700
2,300
1,800
1,000
1,600
2,200
1,900
1,700
1,100
1,500
1,300
1,000
1,900
2,000
2,200
2,500
5,300
5,300
5,400
5,200
9,300
1,700
1,500
1,700
1,467
1,356
1,236
1,296
5,407
5,682
9,331
9,888
9,816
11,923
11,957
12,098
12,077
12,262
12,283
6,377
6,377
6,667
6,793
8,217
8,285
8,430
8,693
8,782
9,841
10,445
10,247
9,640
14,091
13,699
13,160
12,824

12,824

13,160

13,699

14,091

9,640

10,247

10,445

9,841

8,782

8,693

8,430

8,285

8,217

6,793

6,667

6,377

12,283

12,262

12,077

12,098

11,957

11,923

9,816

9,888

9,331

5,682

5,407

1,296

1,236

1,356

1,467

1,700

1,500

1,700

9,300

5,200

5,400

5,300

2,500

2,200

2,000

1,900

1,000

1,300

1,500

1,100

1,700

1,900

2,200

1,600

1,000

1,800

2,300

1,700

10,500

11,200

12,100

1,700

3,400

3,800

4,200

1,600

6,400

7,900

6,500

1,200

34,200

19,000

790

804

605

656

894

954

1,276

1,042

1,398

1,411

2,197

1,499

353

361

356

362

408

704

1,927

1,569

899

1,709

7,553

17,563

15,133

10,300

11,430

12,755

Deferred Long Term Asset Charges

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
700
600
600
400
400
400
400
1,400
1,400
1,500
1,500
3,400
3,400
3,300
3,400
7,600
7,300
5,727
7,100
6,068
5,759
5,727
5,748
6,178
5,735
5,705
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

5,705

5,735

6,178

5,748

5,727

5,759

6,068

7,100

5,727

7,300

7,600

3,400

3,300

3,400

1,500

1,400

400

600

700

> Total Liabilities

64,621
73,049
77,643
87,160
84,218
66,917
78,365
65,374
55,160
46,660
63,557
64,977
63,179
71,985
63,562
63,192
64,697
82,062
103,151
99,756
99,096
100,608
94,947
98,873
111,804
118,487
116,259
111,164
90,100
222,900
280,100
272,300
267,100
247,100
229,100
229,400
218,000
207,200
212,300
186,800
186,800
189,700
183,800
173,200
220,800
214,900
206,200
192,300
170,300
182,400
172,100
169,000
172,900
150,100
155,900
159,900
150,500
139,900
141,300
150,300
150,900
141,700
141,000
145,500
132,300
121,400
112,654
99,879
102,537
96,676
98,236
97,793
99,298
94,635
98,545
96,867
97,857
99,596
97,677
106,359
111,352
112,818
112,818
111,120
100,876
108,813
110,855
114,318
121,007
124,231
122,352
122,151
127,306
140,792
149,308
144,398
144,149
246,171

246,171

144,149

144,398

149,308

140,792

127,306

122,151

122,352

124,231

121,007

114,318

110,855

108,813

100,876

111,120

112,818

111,352

106,359

97,677

99,596

97,857

96,867

98,545

94,635

99,298

97,793

98,236

96,676

102,537

99,879

112,654

121,400

132,300

145,500

141,000

141,700

150,900

150,300

141,300

139,900

150,500

159,900

155,900

150,100

172,900

169,000

172,100

182,400

170,300

192,300

206,200

214,900

220,800

173,200

183,800

189,700

186,800

212,300

207,200

218,000

229,400

229,100

247,100

267,100

272,300

280,100

222,900

90,100

111,164

116,259

118,487

111,804

98,873

94,947

100,608

99,096

99,756

103,151

82,062

64,697

63,192

63,562

71,985

63,179

64,977

63,557

46,660

55,160

65,374

78,365

66,917

84,218

87,160

77,643

73,049

64,621

> Total Current Liabilities

64,601
73,049
77,643
87,160
84,218
66,917
78,365
65,374
55,160
39,985
50,846
52,806
43,408
52,840
45,389
46,035
48,490
61,751
65,806
64,841
64,300
68,423
65,262
71,540
86,884
81,111
82,861
81,272
90,100
184,200
213,000
219,900
215,700
204,200
201,000
205,200
194,300
182,300
194,400
169,700
171,100
173,200
166,600
155,500
202,000
197,400
197,100
175,100
153,300
169,700
155,400
152,100
147,200
130,700
136,000
132,300
135,700
126,000
121,600
131,400
100,700
89,000
122,700
128,600
113,300
103,500
99,947
88,069
90,862
85,160
86,018
85,835
87,521
82,529
86,468
83,171
83,853
85,365
82,211
88,317
93,550
96,023
96,023
93,970
84,077
91,758
93,666
96,369
103,240
107,095
105,656
104,479
110,880
124,481
133,220
130,061
129,213
183,714

183,714

129,213

130,061

133,220

124,481

110,880

104,479

105,656

107,095

103,240

96,369

93,666

91,758

84,077

93,970

96,023

93,550

88,317

82,211

85,365

83,853

83,171

86,468

82,529

87,521

85,835

86,018

85,160

90,862

88,069

99,947

103,500

113,300

128,600

122,700

89,000

100,700

131,400

121,600

126,000

135,700

132,300

136,000

130,700

147,200

152,100

155,400

169,700

153,300

175,100

197,100

197,400

202,000

155,500

166,600

173,200

171,100

169,700

194,400

182,300

194,300

205,200

201,000

204,200

215,700

219,900

213,000

184,200

90,100

81,272

82,861

81,111

86,884

71,540

65,262

68,423

64,300

64,841

65,806

61,751

48,490

46,035

45,389

52,840

43,408

52,806

50,846

39,985

55,160

65,374

78,365

66,917

84,218

87,160

77,643

73,049

64,601

Short-term Debt

519
167
85
54
22
0
0
1,297
0
0
0
0
0
0
0
0
0
0
6,250
6,250
6,250
6,250
6,250
6,250
19,250
11,250
11,250
11,250
100
14,200
15,000
11,700
10,100
7,600
23,100
11,400
11,100
11,000
10,700
10,000
10,000
10,000
5,000
6,000
6,000
6,000
6,000
6,000
6,000
10,100
4,100
4,100
4,100
9,800
8,800
6,000
6,000
6,000
6,000
6,000
9,000
9,000
9,000
9,000
9,000
9,000
9,000
8,000
8,000
8,000
9,000
9,000
9,000
9,000
9,000
9,000
9,000
9,000
9,000
13,194
12,310
0
11,396
10,445
1,027
935
754
769
621
595
565
513
833
784
6,921
610
723
3,172

3,172

723

610

6,921

784

833

513

565

595

621

769

754

935

1,027

10,445

11,396

12,310

13,194

9,000

8,000

9,000

6,000

8,800

9,800

4,100

10,100

6,000

5,000

10,000

10,700

11,000

11,100

11,400

23,100

7,600

10,100

11,700

15,000

14,200

100

11,250

19,250

6,250

1,297

167

519

Short Long Term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,000
0
0
0
9,000
0
0
9,000
9,000
8,000
8,000
8,000
9,000
9,000
9,000
9,000
9,000
9,000
9,000
9,000
9,000
9,000
9,000
9,000
9,000
9,000
0
0
0
0
0
0
0
0
0
0
6,200
0
0
2,395

2,395

6,200

9,000

8,000

9,000

6,000

Accounts payable

32,400
39,582
45,497
55,867
57,079
50,653
52,012
40,006
28,840
20,579
24,321
26,047
18,326
23,095
20,626
24,454
26,354
40,033
37,812
38,033
31,030
34,472
28,951
33,654
34,081
38,725
41,218
40,330
46,500
81,300
84,700
92,100
96,500
81,800
81,100
76,600
73,500
50,100
69,600
63,600
54,500
57,100
58,600
53,400
73,800
58,500
70,300
61,700
42,300
55,000
51,600
58,800
42,400
40,800
50,600
50,000
45,700
39,600
88,800
46,100
45,600
37,400
74,000
46,600
40,400
34,400
33,217
29,296
31,962
29,816
33,606
34,443
33,098
31,661
30,878
33,336
34,777
34,165
35,605
31,834
38,344
38,434
38,434
31,995
31,720
37,623
37,247
32,405
39,378
43,515
40,634
42,394
48,236
59,750
61,670
60,141
61,767
67,382

67,382

61,767

60,141

61,670

59,750

48,236

42,394

40,634

43,515

39,378

32,405

37,247

37,623

31,720

31,995

38,434

38,344

31,834

35,605

34,165

34,777

33,336

30,878

31,661

33,098

34,443

33,606

29,816

31,962

29,296

33,217

34,400

40,400

46,600

74,000

37,400

45,600

46,100

88,800

39,600

45,700

50,000

50,600

40,800

42,400

58,800

51,600

55,000

42,300

61,700

70,300

58,500

73,800

53,400

58,600

57,100

54,500

63,600

69,600

50,100

73,500

76,600

81,100

81,800

96,500

92,100

84,700

81,300

46,500

40,330

41,218

38,725

34,081

33,654

28,951

34,472

31,030

38,033

37,812

40,033

26,354

24,454

20,626

23,095

18,326

26,047

24,321

20,579

28,840

40,006

52,012

50,653

57,079

55,867

45,497

39,582

32,400

Other Current Liabilities

31,682
33,300
32,061
31,239
27,117
16,264
26,353
24,071
26,320
19,406
26,525
26,759
25,082
29,745
24,763
21,581
22,136
-40,033
21,744
20,558
27,020
27,701
30,061
31,636
33,553
-38,725
30,393
29,692
27,900
71,800
91,000
71,100
65,300
70,000
66,700
66,100
57,800
86,200
76,800
65,900
71,800
67,700
65,800
64,500
81,300
83,900
75,000
67,200
68,000
62,200
58,400
48,800
48,100
45,600
49,500
55,500
55,100
50,400
36,100
45,700
13,600
4,400
45,600
31,300
27,600
27,500
27,115
25,416
25,449
24,126
23,408
22,305
20,150
21,315
27,290
27,165
24,230
23,693
23,644
25,259
23,759
1,538
24,708
29,658
26,097
27,493
28,711
30,891
27,758
27,232
26,391
27,832
26,328
25,077
24,281
25,042
20,673
58,176

58,176

20,673

25,042

24,281

25,077

26,328

27,832

26,391

27,232

27,758

30,891

28,711

27,493

26,097

29,658

24,708

1,538

23,759

25,259

23,644

23,693

24,230

27,165

27,290

21,315

20,150

22,305

23,408

24,126

25,449

25,416

27,115

27,500

27,600

31,300

45,600

4,400

13,600

45,700

36,100

50,400

55,100

55,500

49,500

45,600

48,100

48,800

58,400

62,200

68,000

67,200

75,000

83,900

81,300

64,500

65,800

67,700

71,800

65,900

76,800

86,200

57,800

66,100

66,700

70,000

65,300

71,100

91,000

71,800

27,900

29,692

30,393

-38,725

33,553

31,636

30,061

27,701

27,020

20,558

21,744

-40,033

22,136

21,581

24,763

29,745

25,082

26,759

26,525

19,406

26,320

24,071

26,353

16,264

27,117

31,239

32,061

33,300

31,682

> Long-term Liabilities

20
39,749
45,582
55,921
57,101
50,653
52,012
41,303
28,840
6,675
12,711
12,171
19,771
19,145
18,173
17,157
16,207
20,311
37,345
34,915
34,796
32,185
29,685
27,333
24,920
37,376
33,398
29,892
62,200
38,700
67,100
52,400
51,400
42,900
28,100
24,200
23,700
24,900
17,900
17,100
15,700
16,500
17,200
17,700
18,800
17,500
9,100
17,200
17,000
12,700
16,700
16,900
25,700
19,400
19,900
27,600
14,800
13,900
19,700
18,900
50,200
52,700
16,900
16,900
19,000
17,900
12,707
11,810
11,675
11,516
12,218
11,958
11,777
12,106
12,077
13,696
14,004
14,231
15,466
18,042
17,802
16,795
16,795
17,150
16,799
17,055
17,189
17,949
17,767
17,136
16,696
17,672
16,426
16,311
16,088
14,337
14,936
62,457

62,457

14,936

14,337

16,088

16,311

16,426

17,672

16,696

17,136

17,767

17,949

17,189

17,055

16,799

17,150

16,795

17,802

18,042

15,466

14,231

14,004

13,696

12,077

12,106

11,777

11,958

12,218

11,516

11,675

11,810

12,707

17,900

19,000

16,900

52,700

50,200

18,900

19,700

13,900

14,800

27,600

19,900

19,400

25,700

16,900

16,700

12,700

17,000

17,200

9,100

17,500

18,800

17,700

17,200

16,500

15,700

17,100

17,900

24,900

23,700

24,200

28,100

42,900

51,400

52,400

67,100

38,700

62,200

29,892

33,398

37,376

24,920

27,333

29,685

32,185

34,796

34,915

37,345

20,311

16,207

17,157

18,173

19,145

19,771

12,171

12,711

6,675

28,840

41,303

52,012

50,653

57,101

55,921

45,582

39,749

Long term Debt Total

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,800
8,800
7,700
6,700
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

6,700

7,700

8,800

3,800

Deferred Long Term Asset Charges

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
700
600
600
400
400
400
400
1,400
1,400
1,500
1,500
3,400
3,400
3,300
3,400
7,600
7,300
5,727
7,100
6,068
5,759
5,727
5,748
6,178
5,735
5,705
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

5,705

5,735

6,178

5,748

5,727

5,759

6,068

7,100

5,727

7,300

7,600

3,400

3,300

3,400

1,500

1,400

400

600

700

Other Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
14,180
6,749
0
0
12,642
3,074
0
16,300
15,700
13,300
11,400
6,800
11,000
9,700
9,000
8,100
7,600
7,900
6,500
7,400
8,300
8,800
9,900
8,600
7,700
7,500
7,300
7,500
7,000
8,300
18,100
18,500
23,100
26,800
13,000
12,400
14,500
14,500
12,400
10,800
12,200
13,500
14,300
13,200
11,210
10,326
10,183
10,019
10,537
10,177
10,034
12,106
12,077
13,696
14,004
14,231
15,466
15,236
15,212
0
14,302
14,847
14,652
14,584
14,845
14,726
14,696
14,212
13,910
15,260
14,019
13,943
0
12,197
0
0

12,197

13,943

14,019

15,260

13,910

14,212

14,696

14,726

14,845

14,584

14,652

14,847

14,302

15,212

15,236

15,466

14,231

14,004

13,696

12,077

12,106

10,034

10,177

10,537

10,019

10,183

10,326

11,210

13,200

14,300

13,500

12,200

10,800

12,400

14,500

12,400

13,000

26,800

23,100

18,500

18,100

8,300

7,000

7,500

7,300

7,500

7,700

8,600

9,900

8,800

8,300

7,400

6,500

7,900

7,600

8,100

9,000

9,700

11,000

6,800

11,400

13,300

15,700

16,300

3,074

12,642

6,749

14,180

Deferred Long Term Liability

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,400
1,400
1,400
900
900
900
900
10,200
10,500
9,300
9,100
13,700
13,400
12,600
11,800
13,300
14,700
9,192
14,700
9,884
9,213
9,192
9,058
8,743
8,526
8,252
8,545
7,886
1,538
1,534
1,553
1,378
810
814
0
818
0
0
608
565
614
0
608
586
563
563
563
563
492
0
0

492

563

586

608

614

565

608

818

814

810

1,378

1,553

1,534

1,538

7,886

8,545

8,252

8,526

8,743

9,058

9,192

9,213

9,884

14,700

9,192

14,700

13,300

11,800

12,600

13,400

13,700

9,100

9,300

10,500

10,200

900

1,400

> Total Stockholder Equity

201,400
264,392
275,737
284,224
295,069
259,863
216,400
230,299
175,569
167,457
142,907
137,337
120,869
112,800
110,882
103,963
97,204
81,182
72,879
89,692
72,476
60,023
57,109
55,092
56,904
62,343
68,093
72,990
267,700
752,500
758,000
763,500
768,500
776,300
748,200
752,000
424,800
386,400
387,900
382,100
375,800
351,400
263,200
242,300
231,100
195,800
177,700
172,800
159,500
158,400
157,500
157,600
154,200
154,000
149,900
137,900
128,900
115,300
102,600
103,400
91,500
77,500
83,800
83,900
76,700
69,700
53,116
52,578
53,968
54,366
53,797
53,786
59,997
58,101
57,516
62,324
63,327
67,607
71,516
69,974
68,467
66,943
66,943
68,681
75,897
84,563
179,721
183,335
187,912
192,892
197,330
201,753
199,422
208,496
215,354
220,098
226,150
253,936

253,936

226,150

220,098

215,354

208,496

199,422

201,753

197,330

192,892

187,912

183,335

179,721

84,563

75,897

68,681

66,943

68,467

69,974

71,516

67,607

63,327

62,324

57,516

58,101

59,997

53,786

53,797

54,366

53,968

52,578

53,116

69,700

76,700

83,900

83,800

77,500

91,500

103,400

102,600

115,300

128,900

137,900

149,900

154,000

154,200

157,600

157,500

158,400

159,500

172,800

177,700

195,800

231,100

242,300

263,200

351,400

375,800

382,100

387,900

386,400

424,800

752,000

748,200

776,300

768,500

763,500

758,000

752,500

267,700

72,990

68,093

62,343

56,904

55,092

57,109

60,023

72,476

89,692

72,879

81,182

97,204

103,963

110,882

112,800

120,869

137,337

142,907

167,457

175,569

230,299

216,400

259,863

295,069

284,224

275,737

264,392

201,400

Common Stock

317,489
727
378,041
380,693
382,066
738
384,115
455,543
456,263
823
457,264
825
826
827
458,169
830
839
840
842
947
947
948
951
953
962
969
976
974
0
600
300
600
600
600
600
600
600
600
600
600
600
600
600
600
600
600
600
600
600
600
600
600
600
600
600
600
600
600
600
600
600
600
600
600
600
600
53
53
53
53
53
53
53
53
54
53
54
54
54
54
54
0
54
54
54
56
112
112
112
112
112
112
113
114
114
115
117
125

125

117

115

114

113

112

600

300

600

974

976

969

962

953

951

948

947

842

840

839

830

458,169

827

826

825

457,264

823

456,263

455,543

384,115

738

382,066

380,693

378,041

727

317,489

Retained Earnings

-581,019

-583,909

-587,914

-591,253

-596,142

-602,188

-599,442

-603,975

-610,004

-615,920

-620,602

-623,433

-718,164

-724,805

-730,741

-731,884

-732,615

-730,944

-730,998

-734,837

-739,176

-741,487

-746,359

-746,413

-743,790

-748,861

-748,204

-746,731

-746,332

-748,010

-747,381

-732,300

-724,400

-717,500

-723,300

-711,100

-702,100

-692,800

-689,200

-674,400

-664,500

-650,900

-645,100

-643,400

-638,100

-635,900

-634,600

-631,400

-618,600

-611,800

-592,000

-555,100

-542,600

-521,300

-432,500

-406,800

-398,900

-391,100

-384,200

-345,900

-30,500

-36,100

-15,400

-22,700

-21,700

-20,900

-15,600

-412,648

-414,202

-416,022

-419,340

-420,152

-417,891

-413,725

-400,475

-382,541

-375,763

-367,779

-350,989

-341,089

-334,087

-330,711

-322,598

-306,435

-302,019

-279,156

-270,268

-212,840

-156,353

-110,283

-71,098

-83,074

-94,241

-103,288

-110,604

Capital Surplus

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
792,500
794,000
795,300
796,800
798,300
800,200
801,800
803,500
805,000
805,800
806,400
807,000
807,600
808,000
808,700
809,200
809,700
810,100
810,600
811,601
812,062
812,552
813,120
813,733
814,314
814,898
815,437
816,426
816,483
815,392
815,421
815,196
814,113
813,867
0
813,986
0
0
817,042
818,155
818,939
819,711
820,791
821,976
823,259
824,786
826,812
828,411
830,048
0
0

830,048

828,411

826,812

824,786

823,259

821,976

820,791

819,711

818,939

818,155

817,042

813,986

813,867

814,113

815,196

815,421

815,392

816,483

816,426

815,437

814,898

814,314

813,733

813,120

812,552

812,062

811,601

810,600

810,100

809,700

809,200

808,700

808,000

807,600

807,000

806,400

805,800

805,000

803,500

801,800

800,200

798,300

796,800

795,300

794,000

792,500

Treasury Stock

-5,398

-3,408

-1,500

-787

-458

Other Stockholders Equity

-5,485
372,750
-8,063
-13,395
-15,899
382,537
-11,362
-12,404
-10,426
456,087
-12,338
456,689
456,946
457,147
0
457,744
461,034
461,483
461,806
484,963
485,135
485,382
485,715
486,825
487,663
489,370
493,519
496,462
272,500
773,200
778,600
781,600
784,800
786,900
779,900
780,900
781,400
781,800
783,200
784,100
784,700
785,100
786,500
787,300
788,600
790,200
791,600
792,500
794,000
795,300
796,800
798,300
800,200
801,800
803,500
805,000
805,800
806,400
-2,900
807,000
808,000
808,700
-8,500
809,200
810,100
810,600
811,601
812,062
812,552
813,120
813,733
814,314
814,898
815,437
816,426
816,483
815,392
815,421
815,196
814,113
813,867
0
813,986
814,337
815,203
817,042
817,697
818,152
818,211
817,383
816,578
817,112
818,639
820,665
822,264
823,901
825,913
850,256

850,256

825,913

823,901

822,264

820,665

818,639

817,112

816,578

817,383

818,211

818,152

817,697

817,042

815,203

814,337

813,986

813,867

814,113

815,196

815,421

815,392

816,483

816,426

815,437

814,898

814,314

813,733

813,120

812,552

812,062

811,601

810,600

810,100

809,200

-8,500

808,700

808,000

807,000

-2,900

806,400

805,800

805,000

803,500

801,800

800,200

798,300

796,800

795,300

794,000

792,500

791,600

790,200

788,600

787,300

786,500

785,100

784,700

784,100

783,200

781,800

781,400

780,900

779,900

786,900

784,800

781,600

778,600

773,200

272,500

496,462

493,519

489,370

487,663

486,825

485,715

485,382

485,135

484,963

461,806

461,483

461,034

457,744

457,147

456,946

456,689

-12,338

456,087

-10,426

-12,404

-11,362

382,537

-15,899

-13,395

-8,063

372,750

-5,485

Balance Sheet

Currency in USD. All numbers in thousands.

	2023-06-30	2022-06-30	2021-06-30	2020-06-30	2019-06-30	2018-06-30	2017-06-30	2016-06-30	2015-06-30	2014-06-30	2013-06-30	2012-06-30	2011-06-30	2010-06-30	2009-06-30	2008-06-30	2007-06-30	2006-06-30	2005-06-30	2004-06-30	2003-06-30	2002-06-30	2001-06-30	2000-06-30	1999-06-30	1998-06-30	1997-06-30	1996-06-30	1995-06-30
Accounts Payable	60,141	42,394	32,405	31,995	35,605	30,878	33,606	33,217	46,600	46,100	50,600	51,600	70,300	58,600	69,600	81,100	84,700	38,725	34,472	40,033	23,095	20,579	50,653	39,582	25,116	33,793	22,890	16,252	26,373
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Other Comprehensive Income	-16,004	-16,029	-14,327	-14,969	-12,736	-12,605	-11,785	-11,157	-8,500	-2,900	-3,300	-4,000	-2,700	-2,600	-4,800	3,800	-78,400	-11,974	-12,582	-13,362	-14,463	-10,297	-13,129	-5,797	-4,498	-1,598	-63	-32,674	-28,542
Additional Paid In Capital	0	0	0	0	0	816,426	813,733	811,601	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	2,750	2,925	3,992	3,748	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Stock	115	112	112	54	54	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Surpluse	830,048	823,259	818,939	0	815,196	816,426	813,733	811,601	809,200	0	803,500	796,800	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	22,242	36,877	47,942	41,618	31,946	37,425	35,658	30,479	34,700	48,800	90,000	96,000	98,200	141,700	136,800	95,000	69,200	44,414	32,860	21,626	34,036	35,888	25,963	58,339	21,518	25,130	40,367	8,299	1,919
Cash And Equivalents	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Short Term Investments	22,244	47,770	47,942	41,618	31,946	37,425	35,922	30,701	34,700	48,800	90,000	96,000	98,200	141,700	137,100	98,100	89,600	57,686	48,691	49,963	90,182	85,674	37,858	123,942	27,263	40,350	58,314	8,299	1,919
Common Stock	115	112	112	54	54	54	53	53	600	600	600	600	600	600	600	600	300	969	948	840	827	823	738	727	621	466	185	159	135
Common Stock Shares Outstanding	11,855	11,820	11,688	10,936	11,236	11,294	10,584	10,476	10,367	10,267	10,000	9,833	9,767	9,900	9,783	9,733	4,117	15,933	14,939	13,894	13,758	13,489	12,232	11,940	10,267	9,076	5,647	4,965	4,615
Common Stock Total Equity	115	112	112	54	54	54	53	53	52	600	600	600	600	600	600	600	600	969	948	840	827	823	738	727	621	466	185	159	135
Current Deferred Revenue	44,268	33,740	32,304	21,872	13,962	19,300	20,004	30,615	41,700	33,600	27,100	41,300	45,800	37,200	37,300	30,100	22,300	69,861	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Asset Charges	0	0	0	0	0	0	6,178	6,068	7,600	0	1,400	400	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Liab	492	563	614	0	1,378	7,886	8,743	9,884	13,300	0	10,200	900	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Good Will	5,112	0	0	0	0	0	0	0	0	0	0	0	5,600	6,200	3,200	284,200	323,600	28,260	26,100	0	0	0	0	0	0	0	0	0	0
Intangible Assets	9,046	0	0	0	0	0	0	0	0	400	800	1,800	4,100	15,900	84,100	139,600	154,200	43,819	40,180	0	0	0	0	0	0	0	0	0	0
Inventory	33,057	27,169	24,867	15,231	9,509	22,797	23,665	30,357	39,100	49,500	51,200	75,300	71,800	73,500	126,300	93,500	135,700	43,867	36,780	33,101	20,307	31,094	92,863	48,547	50,610	60,981	45,900	35,347	46,732
Liabilities And Stockholders Equity	364,496	323,904	297,653	179,801	169,193	156,061	152,576	166,111	229,400	253,700	305,800	329,600	383,900	447,000	600,200	977,300	1,038,100	180,830	160,631	163,244	184,785	214,117	326,780	337,441	202,164	240,400	170,206	95,797	102,585
Long Term Debt	0	0	0	0	0	0	0	0	0	0	0	8,800	0	8,300	9,400	13,400	19,900	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Debt Total	0	0	0	0	0	0	0	0	0	0	0	8,800	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Debt	-19,492	-33,952	-43,950	-28,870	-22,946	-28,425	-26,658	-21,479	-25,700	-42,800	-81,200	-83,100	-92,200	-136,700	-125,000	-66,800	-42,600	-10,873	-13,068	-21,626	-34,036	-35,888	-25,963	-58,172	-17,695	-24,688	-37,512	4	14,727
Net Invested Capital	220,098	201,753	183,335	77,681	80,516	66,516	62,797	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Receivables	160,241	119,025	85,656	72,746	79,717	57,235	58,055	68,566	105,500	101,500	115,200	90,700	133,000	104,800	145,900	199,700	185,300	42,003	35,084	34,295	31,072	42,953	116,427	98,520	60,253	74,897	44,623	33,398	34,333
Net Tangible Assets	205,940	201,753	183,335	68,681	71,516	57,516	53,797	53,116	83,800	111,500	149,100	155,700	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Working Capital	107,643	101,922	73,870	45,980	43,786	36,998	38,567	40,467	67,200	87,300	138,300	149,200	153,200	205,900	241,700	259,100	260,300	75,065	62,704	66,540	102,753	130,511	197,533	209,161	85,247	130,107	99,960	37,456	26,996
Non Current Assets Total	126,792	117,503	127,414	39,851	43,196	32,595	27,991	25,697	33,600	35,000	31,500	25,000	33,600	74,500	164,100	517,200	564,800	24,654	29,504	34,953	29,192	43,621	62,330	55,231	48,202	48,591	17,726	15,061	13,977
Non Current Liabilities Other	314	273	356	401	14,088	4,191	3,475	2,823	3,600	0	14,600	7,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Current Liabilities Total	14,337	17,672	17,949	17,150	15,466	12,077	12,218	12,707	16,900	18,900	19,900	16,700	9,100	17,200	17,900	28,100	67,100	37,376	32,185	20,311	19,145	6,675	50,653	39,749	2,236	204	158	2,782	6,362
Non Currrent Assets Other	13,699	10,445	8,430	6,667	12,077	9,816	5,407	1,467	1,700	5,300	1,900	1,500	1,600	1,700	1,700	1,600	1,200	605	1,276	2,197	356	1,927	7,553	11,430	5,177	16,063	0	0	0
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	543	341	100	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	100,628	105,857	111,897	19,466	25,941	15,416	11,585	7,535	9,332	5,300	1,900	1,500	1,100	14,800	9,700	15,300	1,700	18,125	26,719	0	0	0	0	0	0	0	0	0	0
Other Current Assets	22,162	12,437	9,556	10,355	4,825	6,006	6,402	10,790	16,500	18,900	17,900	42,600	47,300	52,500	54,500	56,200	58,600	12,620	10,572	10,932	12,289	10,775	16,027	9,916	12,827	8,896	3,643	3,692	5,624
Other Current Liab	25,042	27,832	30,891	29,658	23,644	27,290	23,408	27,115	31,300	45,700	49,500	58,400	75,000	65,800	75,700	66,700	91,000	-38,725	27,701	-40,033	29,745	19,406	16,264	33,300	42,012	27,671	26,933	19,563	19,399
Other Liab	12,197	15,260	14,726	14,847	15,466	12,077	12,218	12,707	18,198	14,500	23,100	7,000	7,700	8,300	7,600	11,000	15,700	12,642	14,180	0	0	0	0	0	0	0	0	0	0
Other Stockholder Equity	823,901	817,112	818,152	814,337	815,196	816,426	813,733	811,601	809,200	807,000	803,500	796,800	791,600	786,500	783,200	779,900	778,600	489,370	485,382	461,483	457,147	456,087	382,537	372,750	250,514	158,690	121,491	65,368	44,313
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Property Plant And Equipment Gross	12,006	11,646	15,517	20,385	17,255	17,179	16,406	18,162	24,255	29,300	28,800	21,700	21,600	23,700	57,400	75,600	80,000	24,049	28,228	31,175	28,836	41,694	54,777	43,801	43,025	32,528	17,726	15,061	13,977
Property Plant And Equipment Net	12,006	11,646	15,517	20,385	17,255	17,179	16,406	18,162	24,300	29,300	28,800	21,700	21,600	37,600	57,400	75,600	80,000	24,049	28,228	31,175	28,836	41,694	54,777	43,801	43,025	32,528	17,726	15,061	13,977
Property Plant Equipment	9,452	11,646	15,517	20,385	17,255	17,179	16,406	18,162	24,300	29,300	28,800	21,700	21,600	37,600	57,400	75,600	80,000	51,770	57,010	0	0	0	0	0	0	0	0	0	0
Retained Earnings	-587,914	-599,442	-620,602	-730,741	-730,998	-746,359	-748,204	-747,381	-717,500	-702,100	-650,900	-635,900	-611,800	-521,300	-391,100	-36,100	-20,900	-416,022	-413,725	-367,779	-330,711	-279,156	-110,283	-103,288	-115,424	20,936	-4,085	-15,792	-9,837
Retained Earnings Total Equity	-587,914	-599,442	-620,602	0	-730,998	-746,359	-748,204	-747,381	-717,500	0	-650,900	-635,900	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt	0	0	0	9,000	9,000	9,000	9,000	9,000	9,000	6,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt Total	2,750	2,925	3,992	12,748	9,000	9,000	9,000	9,000	9,000	6,000	8,800	12,900	6,000	5,000	11,800	28,200	26,600	33,541	19,792	0	0	0	0	167	3,823	442	2,855	8,303	16,646
Short Term Debt	610	513	769	10,445	9,000	9,000	9,000	9,000	9,000	6,000	8,800	4,100	6,000	5,000	11,800	23,100	15,000	11,250	6,250	0	0	0	0	167	1,587	238	2,697	7,465	15,840
Short Term Investments	2	10,893	0	0	0	3	264	222	0	0	0	0	0	0	300	3,100	20,400	13,272	15,831	28,337	56,146	49,786	11,895	65,603	5,745	15,220	17,947	0	0
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	364,496	323,904	297,653	179,801	169,193	156,061	152,576	166,111	229,400	253,700	305,800	329,600	383,900	447,000	600,200	977,300	1,038,100	180,830	160,631	163,244	184,785	214,117	326,780	337,441	202,164	240,400	170,206	95,797	102,585
Total Current Assets	237,704	206,401	170,239	139,950	125,997	123,466	124,585	140,414	195,800	218,700	274,300	304,600	350,300	372,500	436,100	460,100	473,300	156,176	131,127	128,291	155,593	170,496	264,450	282,210	153,962	191,809	152,480	80,736	88,608
Total Current Liabilities	130,061	104,479	96,369	93,970	82,211	86,468	86,018	99,947	128,600	131,400	136,000	155,400	197,100	166,600	194,400	201,000	213,000	81,111	68,423	61,751	52,840	39,985	66,917	73,049	68,715	61,702	52,520	43,280	61,612
Total Liab	144,398	122,151	114,318	111,120	97,677	98,545	98,236	112,654	145,500	150,300	155,900	172,100	206,200	183,800	212,300	229,100	280,100	118,487	100,608	82,062	71,985	46,660	66,917	73,049	70,951	61,906	52,678	46,062	67,974
Total Permanent Equity	0	0	0	0	0	57,516	54,340	53,457	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Stockholder Equity	220,098	201,753	183,335	68,681	71,516	57,516	53,797	53,116	83,900	103,400	149,900	157,500	177,700	263,200	387,900	748,200	758,000	62,343	60,023	81,182	112,800	167,457	259,863	264,392	131,213	178,494	117,528	49,735	34,611
Treasury Stock	0	0	-787	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2020-01-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31
Accounts Payable	67,382	61,767	60,141	61,670	59,750	48,236	42,394	40,634	43,515	39,378	32,405	37,247	37,623	31,720	31,995	38,434	38,434	38,344	31,834	35,605	34,165	34,777	33,336	30,878	31,661	33,098	34,443	33,606	29,816	31,962	29,296	33,217	34,400	40,400	46,600	74,000	37,400	45,600	46,100	88,800	39,600	45,700	50,000	50,600	40,800	42,400	58,800	51,600	55,000	42,300	61,700	70,300	58,500	73,800	53,400	58,600	57,100	54,500	63,600	69,600	50,100	73,500	76,600	81,100	81,800	96,500	92,100	84,700	81,300	46,500	40,330	41,218	38,725	34,081	33,654	28,951	34,472	31,030	38,033	37,812	40,033	26,354	24,454	20,626	23,095	18,326	26,047	24,321	20,579	28,840	40,006	52,012	50,653	57,079	55,867	45,497	39,582	32,400
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Accumulated Other Comprehensive Income	-15,426	-15,971	-16,004	-15,771	-16,141	-17,142	-16,029	-15,385	-14,599	-14,491	-14,327	-14,655	-14,371	-14,555	-14,969	-15,213	0	-12,839	-13,249	-12,736	-13,031	-12,943	-12,725	-12,605	-10,976	-11,164	-11,720	-11,785	-12,076	-12,305	-11,527	-11,157	-9,200	-9,600	-8,500	-17,200	-9,200	-6,000	-2,900	-3,000	-2,500	-3,100	-3,200	-3,300	-3,300	-3,200	-3,200	-4,000	-2,900	-3,700	-1,700	-2,700	-3,000	-3,000	-3,000	-2,600	-1,800	-2,700	-3,700	-4,800	-11,800	-11,300	1,000	3,800	4,200	5,800	3,000	-78,400	-5,700	-4,800	-11,798	-12,200	-11,974	-12,381	-12,534	-11,666	-12,582	-13,131	-13,677	-14,006	-13,362	-13,680	-13,522	-13,200	-14,463	-14,305	-13,742	-12,338	-10,297	-10,426	-12,404	-11,362	-13,129	-15,899	-13,395	-8,063	-5,797	-5,485
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	816,426	0	0	0	813,733	0	0	0	811,601	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Capital Lease Obligations	3,295	3,159	2,750	2,976	3,152	3,240	2,925	3,351	3,519	3,692	3,992	3,098	3,406	3,174	3,748	4,889	4,889	5,900	7,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Capital Stock	125	117	115	114	114	113	112	112	112	112	112	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Capital Surpluse	0	0	830,048	828,411	826,812	824,786	823,259	821,976	820,791	819,711	818,939	818,155	817,042	0	0	813,986	0	813,867	814,113	815,196	815,421	815,392	816,483	816,426	815,437	814,898	814,314	813,733	813,120	812,552	812,062	811,601	810,600	810,100	809,700	809,200	808,700	808,000	807,600	807,000	806,400	805,800	805,000	803,500	801,800	800,200	798,300	796,800	795,300	794,000	792,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Cash	45,914	35,465	22,242	22,456	21,360	21,607	36,877	31,296	42,326	47,313	47,942	45,808	43,046	36,226	41,618	39,208	39,208	38,067	34,485	31,946	36,053	31,542	28,397	37,425	37,264	40,352	39,103	35,658	39,910	34,978	31,750	30,479	39,700	39,500	34,700	34,700	35,000	38,700	48,800	48,800	47,500	64,700	79,300	90,000	92,900	94,800	85,100	96,000	90,500	84,300	87,600	98,200	95,700	102,400	107,800	141,700	140,500	126,400	133,000	136,800	115,600	97,700	94,400	95,000	97,000	73,000	64,200	69,200	54,400	12,200	32,167	44,087	44,414	29,466	35,794	33,849	32,860	24,658	31,911	26,129	21,626	12,527	32,085	30,984	34,036	27,405	26,876	27,926	35,888	40,687	48,543	16,077	25,963	18,853	34,612	30,970	58,339	29,114
Cash And Equivalents	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Cash And Short Term Investments	45,914	35,465	22,244	22,456	21,362	22,859	47,770	31,296	42,326	47,313	47,942	45,808	43,046	36,226	41,618	39,208	0	38,067	34,485	31,946	36,053	31,542	28,397	37,425	37,540	40,628	39,368	35,922	40,150	35,207	31,980	30,701	39,700	39,500	34,700	34,700	35,000	38,700	48,800	48,800	47,500	64,700	79,300	90,000	92,900	94,800	85,100	96,000	90,500	84,300	87,600	98,200	95,700	102,400	107,800	141,700	140,500	126,400	133,000	137,100	116,200	99,300	96,900	98,100	100,400	83,000	79,300	89,600	95,200	12,200	53,107	61,274	57,686	40,080	46,476	45,463	48,691	52,344	62,772	63,791	49,963	55,246	74,957	84,819	90,182	90,232	83,195	81,148	85,674	78,127	79,690	36,474	37,858	49,525	82,722	98,036	123,942	64,456
Common Stock	125	117	115	114	114	113	112	112	112	112	112	112	56	54	54	54	0	54	54	54	54	54	53	54	53	53	53	53	53	53	53	53	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	300	600	0	974	976	969	962	953	951	948	947	947	842	840	839	830	458,169	827	826	825	457,264	823	456,263	455,543	384,115	738	382,066	380,693	378,041	727	317,489
Common Stock Shares Outstanding	12,229	11,943	11,920	11,884	11,805	11,200	11,726	11,761	11,960	11,954	11,950	11,842	11,420	11,092	10,912	10,914	0	10,854	11,060	11,156	11,154	11,254	10,732	11,390	10,688	11,248	10,632	10,628	10,620	10,800	10,518	10,518	10,510	10,460	10,400	5,200	10,383	10,350	10,317	5,200	10,317	10,300	10,150	10,067	10,050	10,000	9,883	9,833	9,867	9,833	9,800	9,767	9,767	9,733	9,883	9,900	9,950	9,883	9,817	9,783	9,800	9,783	9,750	9,733	9,783	9,733	9,733	4,117	6,717	16,673	16,345	16,825	16,570	16,315	15,862	15,824	15,804	15,784	14,154	14,021	13,994	13,967	13,820	13,802	13,785	13,769	13,750	13,730	13,705	13,681	13,079	12,307	12,493	12,680	12,792	12,858	12,388	11,919
Common Stock Total Equity	0	0	115	114	114	113	112	112	112	112	112	112	56	54	54	54	0	54	54	54	54	54	100	100	100	100	100	53	53	100	53	100	600	600	100	100	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	600	0	974	976	969	962	953	951	948	947	947	842	840	839	830	458,169	827	826	825	457,264	823	456,263	455,543	384,115	738	382,066	380,693	378,041	727	317,489
Current Deferred Revenue	54,984	46,050	44,268	40,348	38,870	35,483	33,740	38,066	35,753	35,483	32,304	26,954	25,707	25,233	21,872	21,485	0	19,137	18,030	13,962	18,507	15,846	13,670	19,300	20,553	25,273	20,087	20,004	23,218	25,451	25,357	30,615	32,600	36,300	41,700	0	38,200	32,500	33,600	0	30,000	28,900	20,800	27,100	34,500	52,600	40,400	41,300	42,400	37,000	40,200	45,800	49,000	40,900	31,600	37,200	38,400	34,800	30,200	37,300	35,000	51,900	51,100	30,100	44,800	43,800	45,000	22,300	16,900	15,600	0	0	69,861	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	5,705	5,735	6,178	5,748	5,727	5,759	6,068	7,100	5,727	7,300	7,600	3,400	3,300	3,400	3,400	1,500	1,500	1,400	1,400	400	400	400	400	600	600	700	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Deferred Long Term Liab	0	0	492	563	563	563	563	586	608	0	614	565	608	0	0	818	0	814	810	1,378	1,553	1,534	1,538	7,886	8,545	8,252	8,526	8,743	9,058	9,192	9,213	9,884	14,700	9,192	14,700	13,300	11,800	12,600	13,400	13,700	9,100	9,300	10,500	10,200	900	900	900	900	1,400	1,400	1,400	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Good Will	5,653	5,112	5,112	4,950	4,950	4,950	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	5,600	5,600	5,600	6,200	6,200	6,200	6,200	3,500	3,200	3,200	1,200	0	282,900	284,200	315,400	314,600	314,000	323,600	274,600	29,200	28,285	28,260	0	0	27,030	26,100	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Intangible Assets	15,735	8,870	9,046	6,918	7,042	7,166	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	100	200	400	400	500	600	700	800	1,000	1,300	1,500	1,800	2,100	2,300	3,200	4,100	4,900	5,800	6,600	15,900	74,000	77,300	80,800	93,400	113,200	109,300	136,100	139,600	142,800	146,700	150,700	154,200	150,600	5,500	34,363	43,819	0	0	34,077	40,180	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Inventory	66,784	30,659	33,057	40,940	37,060	34,957	27,169	30,476	27,386	25,511	24,867	23,127	18,790	15,659	15,231	15,454	15,454	14,474	12,188	9,509	11,258	9,706	10,006	22,797	23,696	26,193	24,776	23,665	22,516	23,056	26,857	30,357	36,700	36,800	39,100	39,100	45,400	44,400	49,500	49,500	48,300	51,600	48,800	51,200	57,300	73,900	71,300	75,300	69,000	61,800	70,300	71,800	91,100	103,200	96,300	73,500	100,100	118,400	128,200	98,600	93,600	110,700	102,800	93,500	125,300	130,000	135,100	135,700	130,300	85,000	38,980	46,496	43,867	40,340	35,028	30,990	36,780	36,340	36,775	30,983	33,101	27,324	20,289	21,502	20,307	17,477	20,637	25,085	31,094	39,961	76,628	101,684	92,863	110,877	87,202	69,993	48,547	48,038
Liabilities And Stockholders Equity	500,107	370,299	364,496	364,662	349,288	326,728	323,904	319,682	317,123	308,919	297,653	290,576	193,376	176,773	179,801	179,761	0	179,819	176,333	169,193	167,203	161,184	159,191	156,061	153,884	160,210	152,214	152,576	151,524	156,918	152,826	166,111	191,500	209,300	229,400	224,700	219,200	242,400	253,700	253,200	255,200	279,400	297,800	305,800	304,100	327,100	326,600	329,600	340,800	329,800	365,100	383,900	410,700	451,900	415,500	447,000	541,100	562,600	568,900	600,200	593,600	642,800	981,400	977,300	1,023,400	1,035,600	1,035,800	1,038,100	975,400	357,800	184,154	184,352	180,830	168,708	153,965	152,056	160,631	171,572	189,448	176,030	163,244	161,901	167,155	174,444	184,785	184,048	202,314	206,464	214,117	230,729	295,673	294,765	326,780	379,287	371,384	353,380	337,441	266,021
Long Term Debt	47,151	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	6,700	7,700	8,800	3,800	0	0	0	8,300	8,300	8,300	8,300	8,300	8,300	8,300	9,400	9,600	9,300	9,500	13,400	14,900	16,400	17,200	19,900	19,400	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Long Term Debt Total	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	6,700	7,700	8,800	3,800	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Long Term Investments	0	0	0	0	0	0	0	2,515	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Net Debt	6,927	-32,306	-19,492	-13,280	-18,208	-18,367	-33,952	-27,945	-38,807	-43,621	-43,950	-42,710	-39,640	-33,052	-28,870	-25,319	0	-23,167	-18,485	-22,946	-27,053	-22,542	-19,397	-28,425	-28,264	-31,352	-30,103	-26,658	-31,910	-26,978	-23,750	-21,479	-30,700	-30,500	-25,700	-25,700	-26,000	-29,700	-42,800	-42,800	-41,500	-58,700	-73,300	-81,200	-83,100	-84,000	-73,300	-83,100	-76,600	-78,300	-81,600	-92,200	-89,700	-96,400	-101,800	-136,700	-130,500	-116,400	-123,000	-126,100	-103,300	-85,600	-81,800	-66,800	-82,800	-54,800	-43,600	-42,600	-26,100	-12,100	-4,250	-13,358	-10,873	-1,362	-19,127	-15,620	-13,068	-3,304	-8,994	-1,650	-21,626	-12,527	-32,085	-30,984	-34,036	-27,405	-26,876	-27,926	-35,888	-40,687	-47,246	-16,077	-25,963	-18,831	-34,558	-30,885	-58,172	-28,575
Net Invested Capital	303,482	226,150	220,098	221,554	208,496	199,422	201,753	197,330	192,892	187,912	183,335	179,721	84,563	75,897	77,681	75,943	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Net Receivables	227,095	155,472	160,241	151,802	144,971	122,860	119,025	121,850	111,993	99,105	85,656	85,426	81,078	76,322	72,746	71,568	48,148	71,730	73,576	79,717	74,096	80,960	79,549	57,235	52,868	52,585	51,932	58,055	54,954	63,736	57,350	68,566	73,500	89,600	105,500	100,800	89,900	107,100	101,500	101,000	106,900	111,700	116,800	115,200	107,500	115,900	109,300	90,700	106,700	113,700	124,700	133,000	142,000	146,400	120,500	104,800	115,200	133,300	114,300	145,900	146,400	228,300	236,500	199,700	234,700	246,000	244,700	185,300	201,300	105,700	51,369	40,152	42,003	50,991	32,917	36,237	35,084	40,945	43,303	34,038	34,295	35,193	28,932	25,633	31,072	32,446	46,262	47,687	42,953	56,338	79,496	88,668	116,427	138,209	126,505	117,330	98,520	85,217
Net Tangible Assets	0	0	205,940	203,486	196,504	187,306	201,753	197,330	192,892	187,912	183,335	179,721	84,563	75,897	68,681	66,943	0	68,467	69,974	71,516	67,607	63,327	62,324	57,516	58,101	59,997	53,786	53,797	54,366	53,968	52,578	53,116	69,700	53,968	82,300	83,800	76,700	91,300	96,000	111,500	114,800	128,300	137,200	149,100	153,000	152,900	156,100	155,700	156,300	157,200	164,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Net Working Capital	183,247	115,197	107,643	103,284	99,044	86,075	101,922	90,950	87,952	80,446	73,870	70,618	64,617	53,881	45,980	41,371	41,371	36,776	37,650	43,786	40,706	43,231	42,135	36,998	38,815	40,722	38,028	38,567	43,607	42,257	39,512	40,467	59,800	66,100	67,200	68,400	99,500	108,600	87,300	96,600	96,400	110,600	131,500	138,300	146,100	154,600	150,000	149,200	145,600	150,300	156,800	153,200	168,400	178,100	193,400	205,900	216,400	235,100	238,000	241,700	234,200	263,400	262,800	259,100	280,200	272,400	264,900	260,300	246,100	148,900	78,613	77,388	75,065	55,840	55,339	59,075	62,704	76,486	90,665	75,001	66,540	79,675	91,246	99,931	102,753	110,005	113,747	116,895	130,511	127,689	179,145	163,513	197,533	228,164	221,695	220,619	209,161	-
Non Current Assets Total	133,146	125,889	126,792	128,158	125,763	129,773	117,503	123,076	122,076	125,233	127,414	126,292	37,001	38,815	39,851	42,367	42,367	49,493	50,366	43,196	41,132	34,100	33,885	32,595	32,540	31,967	28,351	27,991	22,757	23,799	25,245	25,697	28,200	29,900	33,600	33,600	30,700	33,100	35,000	35,000	32,800	33,100	34,000	31,500	27,300	25,300	24,500	25,000	25,500	26,200	33,200	33,600	44,900	71,800	66,600	74,500	151,500	156,400	161,200	164,100	177,100	185,100	513,400	517,200	539,000	547,500	551,000	564,800	545,100	118,800	24,269	24,103	24,654	25,984	27,086	27,719	29,504	30,786	33,942	35,223	34,953	33,736	29,874	29,124	29,192	30,635	35,761	38,723	43,621	47,880	51,154	52,887	62,330	66,905	62,529	55,118	55,231	56,212
Non Current Liabilities Other	391	317	314	15,525	15,748	15,863	273	16,110	16,528	346	356	16,624	16,447	316	401	15,977	620	16,988	17,232	14,088	12,678	12,470	12,158	4,191	3,561	3,525	3,432	3,475	2,458	2,483	2,597	2,823	3,200	2,483	3,500	3,600	4,300	5,100	6,400	6,000	4,800	5,500	18,000	14,600	18,500	18,100	8,300	7,000	7,500	7,300	7,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Non Current Liabilities Total	62,457	14,936	14,337	16,088	16,311	16,426	17,672	16,696	17,136	17,767	17,949	17,189	17,055	16,799	17,150	16,795	16,795	17,802	18,042	15,466	14,231	14,004	13,696	12,077	12,106	11,777	11,958	12,218	11,516	11,675	11,810	12,707	17,900	19,000	16,900	16,900	52,700	50,200	18,900	19,700	13,900	14,800	27,600	19,900	19,400	25,700	16,900	16,700	12,700	17,000	17,200	9,100	17,500	18,800	17,700	17,200	16,500	15,700	17,100	17,900	24,900	23,700	24,200	28,100	42,900	51,400	52,400	67,100	38,700	62,200	29,892	33,398	37,376	24,920	27,333	29,685	32,185	34,796	34,915	37,345	20,311	16,207	17,157	18,173	19,145	19,771	12,171	12,711	6,675	28,840	41,303	52,012	50,653	57,101	55,921	45,582	39,749	20
Non Currrent Assets Other	12,824	13,160	13,699	14,091	9,640	10,247	10,445	9,841	8,782	8,693	8,430	8,285	8,217	6,793	6,667	6,377	6,377	12,283	12,262	12,077	12,098	11,957	11,923	9,816	9,888	9,331	5,682	5,407	1,296	1,236	1,356	1,467	1,700	1,500	1,700	9,300	5,200	5,400	5,300	5,300	2,500	2,200	2,000	1,900	1,000	1,300	1,500	1,100	1,700	1,900	2,200	1,600	1,000	1,800	2,300	1,700	10,500	11,200	12,100	1,700	3,400	3,800	4,200	1,600	6,400	7,900	6,500	1,200	34,200	19,000	790	804	605	656	894	954	1,276	1,042	1,398	1,411	2,197	1,499	353	361	356	362	408	704	1,927	1,569	899	1,709	7,553	17,563	15,133	10,300	11,430	12,755
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1,148	915	635	543	482	413	369	341	400	413	100	100	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Other Assets	0	0	100,628	0	99,481	102,747	105,857	107,843	108,695	111,017	111,897	110,836	20,403	19,341	19,466	20,157	0	26,101	26,192	25,941	24,283	17,084	16,996	15,416	15,625	15,036	11,417	11,585	7,044	6,963	7,115	7,535	8,800	8,700	9,000	9,300	5,300	5,600	5,500	5,700	3,000	2,800	2,700	2,700	2,000	2,600	3,000	3,300	3,800	4,200	11,100	12,000	12,100	34,900	29,900	36,900	98,900	99,500	104,100	106,700	118,400	113,100	438,800	441,600	465,700	470,400	472,900	485,900	465,700	69,900	67,949	65,744	0	0	74,962	74,996	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Other Current Assets	27,168	22,814	22,162	21,306	20,132	16,279	12,437	12,984	11,124	9,539	9,556	7,705	11,243	9,751	10,355	11,164	11,164	6,055	5,718	4,825	4,664	4,873	7,351	6,006	5,967	7,065	7,246	6,402	11,147	11,120	11,394	10,790	11,900	12,100	16,500	15,000	18,200	19,100	18,900	18,900	19,700	18,300	18,900	17,900	19,100	17,200	36,400	41,600	49,100	43,800	49,300	46,500	37,000	28,100	24,300	52,500	33,800	28,100	67,700	54,500	60,300	19,400	19,800	56,200	17,500	22,000	20,700	58,600	3,500	36,100	16,429	12,327	12,620	11,313	12,458	11,647	10,572	11,157	12,656	11,995	10,932	10,402	13,103	11,505	12,289	13,258	16,459	13,821	10,775	7,197	7,503	13,831	16,027	12,473	10,983	11,658	9,916	9,544
Other Current Liab	58,176	20,673	25,042	24,281	25,077	26,328	27,832	26,391	27,232	27,758	30,891	28,711	27,493	26,097	29,658	24,708	1,538	23,759	25,259	23,644	23,693	24,230	27,165	27,290	21,315	20,150	22,305	23,408	24,126	25,449	25,416	27,115	27,500	27,600	31,300	45,600	4,400	13,600	45,700	36,100	50,400	55,100	55,500	49,500	45,600	48,100	48,800	58,400	62,200	68,000	67,200	75,000	83,900	81,300	64,500	65,800	67,700	71,800	65,900	76,800	86,200	57,800	66,100	66,700	70,000	65,300	71,100	91,000	71,800	27,900	29,692	30,393	-38,725	33,553	31,636	30,061	27,701	27,020	20,558	21,744	-40,033	22,136	21,581	24,763	29,745	25,082	26,759	26,525	19,406	26,320	24,071	26,353	16,264	27,117	31,239	32,061	33,300	31,682
Other Liab	0	0	12,197	0	13,943	14,019	15,260	13,910	14,212	14,696	14,726	14,845	14,584	14,652	14,847	14,302	0	15,212	15,236	15,466	14,231	14,004	13,696	12,077	12,106	10,034	10,177	10,537	10,019	10,183	10,326	11,210	13,200	14,300	13,500	12,200	10,800	12,400	14,500	14,500	12,400	13,000	26,800	23,100	18,500	18,100	8,300	7,000	7,500	7,300	7,500	7,700	8,600	9,900	8,800	8,300	7,400	6,500	7,900	7,600	8,100	9,000	9,700	11,000	6,800	11,400	13,300	15,700	16,300	0	3,074	12,642	0	0	6,749	14,180	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Other Stockholder Equity	850,256	825,913	823,901	822,264	820,665	818,639	817,112	816,578	817,383	818,211	818,152	817,697	817,042	815,203	814,337	813,986	0	813,867	814,113	815,196	815,421	815,392	816,483	816,426	815,437	814,898	814,314	813,733	813,120	812,552	812,062	811,601	810,600	810,100	809,200	-8,500	808,700	808,000	807,000	-2,900	806,400	805,800	805,000	803,500	801,800	800,200	798,300	796,800	795,300	794,000	792,500	791,600	790,200	788,600	787,300	786,500	785,100	784,700	784,100	783,200	781,800	781,400	780,900	779,900	786,900	784,800	781,600	778,600	773,200	272,500	496,462	493,519	489,370	487,663	486,825	485,715	485,382	485,135	484,963	461,806	461,483	461,034	457,744	0	457,147	456,946	456,689	-12,338	456,087	-10,426	-12,404	-11,362	382,537	-15,899	-13,395	-8,063	372,750	-5,485
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Property Plant And Equipment Gross	74,604	12,019	12,006	10,570	11,416	72,908	0	0	0	10,676	15,517	15,456	16,598	19,474	20,385	22,210	0	23,392	24,174	17,255	16,849	17,016	16,900	17,200	16,900	16,900	16,900	16,406	15,713	16,800	18,130	18,200	19,400	21,200	24,300	24,300	25,400	27,500	29,300	29,300	29,800	30,300	31,300	28,800	25,300	22,700	21,500	21,700	21,700	22,000	22,200	21,600	32,800	36,900	36,700	23,700	52,600	56,900	57,100	57,400	58,700	72,000	74,600	75,600	74,400	78,200	79,200	80,000	79,400	48,900	23,479	23,299	24,049	25,328	26,192	26,765	28,228	29,744	31,754	32,626	31,175	30,230	29,521	28,763	28,836	30,273	35,353	38,019	41,694	46,311	50,255	51,178	54,777	49,342	47,396	44,818	43,801	43,457
Property Plant And Equipment Net	12,548	12,019	12,006	13,239	14,290	14,910	11,646	12,718	13,381	14,216	15,517	15,456	16,598	19,474	20,385	22,210	0	23,392	24,174	17,255	16,849	17,016	16,889	17,179	16,915	16,931	16,934	16,406	15,713	16,836	18,130	18,162	19,400	21,200	24,300	0	25,400	27,500	29,300	0	29,800	30,300	31,300	28,800	25,300	22,700	21,500	21,700	21,700	22,000	22,200	21,600	32,800	36,900	36,700	37,600	52,600	56,900	57,100	57,400	58,700	72,000	74,600	75,600	74,400	78,200	79,200	80,000	79,400	48,900	23,479	23,299	24,049	25,328	26,192	26,765	28,228	29,744	31,754	32,626	31,175	30,230	29,521	28,763	28,836	30,273	35,353	38,019	41,694	46,311	50,255	51,178	54,777	49,342	47,396	44,818	43,801	43,457
Property Plant Equipment	0	0	9,452	10,570	11,416	11,923	11,646	9,522	10,010	10,676	15,517	12,563	13,451	19,474	20,385	17,602	0	17,800	17,478	17,255	16,849	17,016	16,889	17,179	16,915	16,931	16,934	16,406	15,713	16,836	18,130	18,162	19,400	16,836	22,500	24,300	25,400	27,500	28,700	29,300	29,800	30,300	31,300	28,800	25,300	22,700	21,500	21,700	21,700	22,000	22,200	21,600	32,800	36,900	36,700	37,600	52,600	56,900	57,100	57,400	58,700	72,000	74,600	75,600	74,400	78,200	79,200	80,000	79,400	48,900	49,493	51,770	0	0	52,807	57,010	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Retained Earnings	-581,019	-583,909	-587,914	-591,253	-596,142	-602,188	-599,442	-603,975	-610,004	-615,920	-620,602	-623,433	-718,164	-724,805	-730,741	-731,884	-731,884	-732,615	-730,944	-730,998	-734,837	-739,176	-741,487	-746,359	-746,413	-743,790	-748,861	-748,204	-746,731	-746,332	-748,010	-747,381	-732,300	-724,400	-717,500	-717,500	-723,300	-711,100	-702,100	-692,800	-689,200	-674,400	-664,500	-650,900	-645,100	-643,400	-638,100	-635,900	-634,600	-631,400	-618,600	-611,800	-592,000	-555,100	-542,600	-521,300	-432,500	-406,800	-398,900	-391,100	-384,200	-345,900	-30,500	-36,100	-15,400	-22,700	-21,700	-20,900	-15,600	0	-412,648	-414,202	-416,022	-419,340	-420,152	-417,891	-413,725	-400,475	-382,541	-375,763	-367,779	-350,989	-341,089	-334,087	-330,711	-322,598	-306,435	-302,019	-279,156	-270,268	-212,840	-156,353	-110,283	-71,098	-83,074	-94,241	-103,288	-110,604
Retained Earnings Total Equity	0	0	-587,914	-591,253	-596,142	-602,188	-599,442	-603,975	-610,004	-615,920	-620,602	-623,433	-718,164	0	0	-731,884	0	-732,615	-730,944	-730,998	-734,837	-739,176	-741,487	-746,359	-746,413	-743,790	-748,861	-748,204	-746,731	-746,332	-748,010	-747,381	-732,300	-724,400	-718,700	-717,500	-723,300	-711,100	-707,800	-702,100	-689,200	-674,400	-664,500	-650,900	-645,100	-643,400	-638,100	-635,900	-634,600	-631,400	-618,600	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Short Long Term Debt	2,395	0	0	6,200	0	0	0	0	0	0	0	0	0	0	9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	8,000	8,000	8,000	9,000	9,000	0	0	9,000	0	0	0	6,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Short Long Term Debt Total	52,841	3,159	2,750	9,176	3,152	3,240	2,925	3,351	3,519	3,692	3,992	3,098	3,406	3,174	12,748	13,889	0	14,900	16,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	8,000	8,000	8,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	6,000	6,000	6,000	6,000	6,000	8,800	9,800	10,800	11,800	12,900	13,900	6,000	6,000	6,000	6,000	6,000	6,000	5,000	10,000	10,000	10,000	10,700	12,300	12,100	12,600	28,200	14,200	18,200	20,600	26,600	28,300	100	27,917	30,729	33,541	28,104	16,667	18,229	19,792	21,354	22,917	24,479	0	0	0	0	0	0	0	0	0	0	1,297	0	0	22	54	85	167	539
Short Term Debt	3,172	723	610	6,921	784	833	513	565	595	621	769	754	935	1,027	10,445	11,396	0	12,310	13,194	9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	8,000	8,000	8,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	6,000	6,000	6,000	6,000	6,000	8,800	9,800	4,100	4,100	4,100	10,100	6,000	6,000	6,000	6,000	6,000	6,000	5,000	10,000	10,000	10,000	10,700	11,000	11,100	11,400	23,100	7,600	10,100	11,700	15,000	14,200	100	11,250	11,250	11,250	19,250	6,250	6,250	6,250	6,250	6,250	6,250	0	0	0	0	0	0	0	0	0	0	1,297	0	0	22	54	85	167	519
Short Term Investments	0	0	2	0	2	1,252	10,893	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	3	3	276	276	265	264	240	229	230	222	0	229	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	300	300	600	1,600	2,500	3,100	3,400	10,000	15,100	20,400	40,800	0	20,940	17,187	13,272	10,614	10,682	11,614	15,831	27,686	30,861	37,662	28,337	42,719	42,872	53,835	56,146	62,827	56,319	53,222	49,786	37,440	31,147	20,397	11,895	30,672	48,110	67,066	65,603	35,342
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Total Assets	500,107	370,299	364,496	364,662	349,288	326,728	323,904	319,682	317,123	308,919	297,653	290,576	193,376	176,773	179,801	179,761	179,761	179,819	176,333	169,193	167,203	161,184	159,191	156,061	153,884	160,210	152,214	152,576	151,524	156,918	152,826	166,111	191,500	209,300	229,400	224,700	219,200	242,400	253,700	253,200	255,200	279,400	297,800	305,800	304,100	327,100	326,600	329,600	340,800	329,800	365,100	383,900	410,700	451,900	415,500	447,000	541,100	562,600	568,900	600,200	593,600	642,800	981,400	977,300	1,023,400	1,035,600	1,035,800	1,038,100	975,400	357,800	184,154	184,352	180,830	168,708	153,965	152,056	160,631	171,572	189,448	176,030	163,244	161,901	167,155	174,444	184,785	184,048	202,314	206,464	214,117	230,729	295,673	294,765	326,780	379,287	371,384	353,380	337,441	266,021
Total Current Assets	366,961	244,410	237,704	236,504	223,525	196,955	206,401	196,606	195,047	183,686	170,239	164,284	156,375	137,958	139,950	137,394	137,394	130,326	125,967	125,997	126,071	127,084	125,306	123,466	121,344	128,243	123,863	124,585	128,767	133,119	127,581	140,414	163,300	179,400	195,800	191,100	188,500	209,300	218,700	218,200	222,400	246,300	263,800	274,300	276,800	301,800	302,100	304,600	315,300	303,600	331,900	350,300	365,800	380,100	348,900	372,500	389,600	406,200	407,700	436,100	416,500	457,700	468,000	460,100	484,400	488,100	484,800	473,300	430,300	239,000	159,885	160,249	156,176	142,724	126,879	124,337	131,127	140,786	155,506	140,807	128,291	128,165	137,281	145,320	155,593	153,413	166,553	167,741	170,496	182,849	244,519	241,878	264,450	312,382	308,855	298,262	282,210	209,809
Total Current Liabilities	183,714	129,213	130,061	133,220	124,481	110,880	104,479	105,656	107,095	103,240	96,369	93,666	91,758	84,077	93,970	96,023	96,023	93,550	88,317	82,211	85,365	83,853	83,171	86,468	82,529	87,521	85,835	86,018	85,160	90,862	88,069	99,947	103,500	113,300	128,600	122,700	89,000	100,700	131,400	121,600	126,000	135,700	132,300	136,000	130,700	147,200	152,100	155,400	169,700	153,300	175,100	197,100	197,400	202,000	155,500	166,600	173,200	171,100	169,700	194,400	182,300	194,300	205,200	201,000	204,200	215,700	219,900	213,000	184,200	90,100	81,272	82,861	81,111	86,884	71,540	65,262	68,423	64,300	64,841	65,806	61,751	48,490	46,035	45,389	52,840	43,408	52,806	50,846	39,985	55,160	65,374	78,365	66,917	84,218	87,160	77,643	73,049	64,601
Total Liab	246,171	144,149	144,398	149,308	140,792	127,306	122,151	122,352	124,231	121,007	114,318	110,855	108,813	100,876	111,120	112,818	112,818	111,352	106,359	97,677	99,596	97,857	96,867	98,545	94,635	99,298	97,793	98,236	96,676	102,537	99,879	112,654	121,400	132,300	145,500	141,000	141,700	150,900	150,300	141,300	139,900	150,500	159,900	155,900	150,100	172,900	169,000	172,100	182,400	170,300	192,300	206,200	214,900	220,800	173,200	183,800	189,700	186,800	186,800	212,300	207,200	218,000	229,400	229,100	247,100	267,100	272,300	280,100	222,900	90,100	111,164	116,259	118,487	111,804	98,873	94,947	100,608	99,096	99,756	103,151	82,062	64,697	63,192	63,562	71,985	63,179	64,977	63,557	46,660	55,160	65,374	78,365	66,917	84,218	87,160	77,643	73,049	64,621
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	62,324	57,516	59,249	60,912	54,421	54,340	54,848	54,381	52,947	53,457	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Total Stockholder Equity	253,936	226,150	220,098	215,354	208,496	199,422	201,753	197,330	192,892	187,912	183,335	179,721	84,563	75,897	68,681	66,943	66,943	68,467	69,974	71,516	67,607	63,327	62,324	57,516	58,101	59,997	53,786	53,797	54,366	53,968	52,578	53,116	69,700	76,700	83,900	83,800	77,500	91,500	103,400	102,600	115,300	128,900	137,900	149,900	154,000	154,200	157,600	157,500	158,400	159,500	172,800	177,700	195,800	231,100	242,300	263,200	351,400	375,800	382,100	387,900	386,400	424,800	752,000	748,200	776,300	768,500	763,500	758,000	752,500	267,700	72,990	68,093	62,343	56,904	55,092	57,109	60,023	72,476	89,692	72,879	81,182	97,204	103,963	110,882	112,800	120,869	137,337	142,907	167,457	175,569	230,299	216,400	259,863	295,069	284,224	275,737	264,392	201,400
Treasury Stock	0	0	0	0	0	0	0	-5,398	-3,408	-1,500	-787	-458	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-

Cash Flow

Currency in USD. All numbers in thousands.

	2023-06-30	2022-06-30	2021-06-30	2020-06-30	2019-06-30	2018-06-30	2017-06-30	2016-06-30	2015-06-30	2014-06-30	2013-06-30	2012-06-30	2011-06-30	2010-06-30	2009-06-30	2008-06-30	2007-06-30	2006-06-30	2005-06-30	2004-06-30	2003-06-30	2002-06-30	2001-06-30	2000-06-30	1999-06-30	1998-06-30	1997-06-30	1996-06-30	1995-06-30
Begin Period Cash Flow	37,104	48,198	41,872	32,201	37,764	36,569	31,425	34,735	48,800	89,000	96,000	98,200	141,700	136,800	95,000	69,200	13,800	32,860	21,626	34,036	35,888	25,963	58,339	21,518	27,585	40,374	9,018	1,919	3,362
Capital Expenditures	5,335	1,792	2,847	4,608	5,246	6,563	4,021	1,574	3,700	9,400	10,400	5,900	8,000	20,800	21,600	19,500	11,200	10,596	7,435	31,596	1,820	7,673	25,104	23,928	24,711	22,576	8,509	4,527	8,111
Cash And Cash Equivalents Changes	-14,272	-9,872	6,403	0	-5,254	1,922	5,388	-4,256	-14,100	-41,200	-6,000	-2,200	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	-22,346	-17,861	-462	0	8,102	-1,114	-3,550	4,063	1,500	-11,000	13,600	9,300	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	-14,583	-11,094	6,326	9,671	-5,563	1,195	5,144	-4,256	-14,100	-40,200	-6,000	-2,200	-43,500	4,900	41,800	25,800	55,400	11,554	11,234	-12,410	-1,852	9,925	-32,376	36,821	-6,067	-15,244	31,349	6,380	-1,443
Change In Working Capital	-40,558	-34,772	-11,833	5,895	-4,423	1,084	1,639	9,134	-2,000	5,200	700	5,800	7,000	32,000	26,700	7,900	-35,800	-4,979	-2,076	-11,187	30,713	-3,258	-130,114	-25,742	26,279	-53,089	-16,275	-3,213	-9,972
Change Receivables	-25,496	-25,719	-4,232	0	-11,371	761	11,192	29,064	-7,400	13,300	-1,200	37,300	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	-25,496	-25,719	-4,232	7,043	-6,395	2,828	18,178	17,023	-13,500	8,200	1,900	38,400	-9,900	38,000	61,100	-13,700	-23,800	0	0	0	0	0	0	0	0	0	0	0	0
Change To Inventory	-4,521	-3,901	-11,091	-6,674	871	170	6,473	-2,576	400	-3,600	16,500	-6,900	2,800	14,600	-9,600	15,900	-39,100	-6,385	-1,461	-6,662	5,627	-35,379	-60,377	-2,185	1,503	-23,510	-14,846	904	-12,212
Change To Liabilities	12,444	9,759	11,140	3,182	6,997	805	-12,386	-18,998	8,200	8,200	-26,000	-29,000	15,300	0	0	1,300	10,100	17,956	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	20,568	13,495	-86,391	6,954	-6,480	-359	2,547	13,729	8,000	11,035	16,500	17,600	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	-19,729	-7,023	770	670	-3,505	2,120	-4,950	1,527	-5,973	-4,473	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	6,179	4,463	5,383	4,387	4,468	5,199	5,840	6,648	7,600	7,500	6,600	7,200	12,100	35,700	38,100	33,700	14,500	7,418	11,460	9,470	10,815	20,289	17,863	16,594	25,912	12,862	5,790	6,332	6,356
Dividends Paid	72	0	1,739	29	35	20	0	0	0	0	0	0	0	0	0	0	22,400	0	0	0	0	0	0	0	0	0	0	0	0
End Period Cash Flow	22,521	37,104	48,198	41,872	32,201	37,764	36,569	30,479	34,700	48,800	90,000	96,000	98,200	141,700	136,800	95,000	69,200	44,414	32,860	21,626	34,036	35,888	25,963	58,339	21,518	25,130	40,367	8,299	1,919
Exchange Rate Changes	0	0	0	0	0	0	0	-2,347	-4,300	300	0	-1,900	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	-6,979	997	14,451	12,885	-2,302	1,646	5,384	-1,700	-12,700	-37,700	-2,000	2,500	-49,500	7,500	49,700	20,500	-24,300	-13,725	-43,069	-59,037	3,087	-27,850	-83,065	-18,034	-35,445	-24,180	769	3,690	-25,354
Investments	9,157	-8,279	-2,847	-4,608	-5,246	264	-17	-222	-222	-222	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	-753	0	-9,000	-9,000	-9,000	-8	0	0	2,900	-2,896	-4,200	6,900	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	11,528	21,160	110,139	257	9,738	2,302	-621	-29,637	-24,600	-50,400	-15,000	-24,100	-90,500	-130,200	-355,000	-11,900	-17,900	-2,297	-45,946	-37,068	-51,411	-168,519	-6,995	12,136	-96,729	19,878	11,707	-5,955	1,982
Other Cashflows From Financing Activities	101,519	-541	1,739	41,138	35,364	36,020	33,000	36,013	54,000	100	300	8,400	6,000	6,400	10,000	3,400	68,900	33,000	25,000	14,719	-8,168	-44,909	15,559	-2,600	2,600	-8,375	-6,261	-12,235	20,620
Other Cashflows From Investing Activities	-15,769	2,284	0	0	0	264	-17	-222	0	0	-100	-1,500	3,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	5,045	100	1,287	5,440	198	422	361	12,227	12,500	-100	-100	14,800	14,100	83,400	342,700	11,400	33,100	-3,271	928	11,344	14,790	131,311	61,285	1,205	33,804	18,745	8,056	11,053	-15,609
Sale Purchase Of Stock	-1,198	-5,362	-787	-1,772	-2,316	-8	21	13	0	100	300	-8,300	200	100	0	1,500	-1,100	0	0	0	0	0	0	0	0	0	0	0	0
Stock Based Compensation	6,720	3,834	2,921	1,686	1,723	2,357	2,111	1,836	2,200	3,400	6,400	5,200	4,800	3,200	2,800	6,400	3,900	0	0	0	0	0	0	0	0	0	0	0	0
Total Cash From Financing Activities	-681	-4,874	-8,048	-2,545	-2,952	12	21	13	2,900	-2,800	-3,900	-1,300	1,200	-5,300	-1,100	-13,400	57,300	16,245	43,799	1,392	1,064	73,666	9,588	118,631	3,452	23,281	48,578	2,558	23,950
Total Cash From Operating Activities	-1,644	2,789	17,298	17,493	2,944	8,209	9,405	-126	-9,000	-28,300	8,400	8,400	-41,500	28,300	71,300	40,000	-13,100	-3,129	-35,634	-27,441	4,907	-20,177	-57,961	5,894	-10,734	-1,604	9,278	8,217	-17,243
Total Cashflows From Investing Activities	-11,947	-7,787	-2,847	-4,608	-5,246	-6,299	-4,038	-1,796	-3,700	-9,400	-10,500	-7,400	0	0	0	0	14,300	0	0	0	0	0	0	0	0	0	0	0	0

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2020-01-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31
Begin Period Cash Flow	35,741	22,521	22,666	21,554	21,797	37,104	31,473	42,553	47,540	48,198	46,064	43,300	36,479	41,872	39,461	38,323	38,068	34,740	32,201	36,315	31,826	28,706	37,764	38,875	42,481	40,005	36,569	39,910	34,978	31,750	30,479	39,700	39,500	35,800	35,000	35,000	38,700	42,400	47,500	47,500	64,700	79,300	90,000	92,900	94,800	85,100	96,000	90,500	84,300	87,600	98,200	95,700	102,400	107,800	141,700	140,500	126,400	133,000	136,800	115,600	97,700	94,400	95,000	97,000	73,000	64,200	69,200	54,400	12,200	14,400	13,800	44,414	29,466	35,794	33,849	32,860	24,658	31,911	26,129	21,626	12,527	32,085	30,984	34,036	27,405	26,876	27,926	35,888	40,687	48,543	16,077	25,963	18,853	34,612	30,970	58,339	29,114
Capital Expenditures	652	717	280	4,383	15,967	474	764	230	449	349	448	1,023	358	1,018	663	1,528	1,528	1,115	1,302	1,163	847	1,434	1,802	1,515	1,706	1,964	1,378	826	342	1,530	1,323	274	500	400	700	700	600	1,200	1,600	1,600	2,400	1,600	3,800	3,100	3,700	2,300	1,300	1,500	1,000	600	2,800	2,000	1,900	1,800	2,300	5,000	4,900	6,100	4,800	7,300	4,900	4,000	5,400	5,300	4,100	3,800	6,300	4,000	2,200	4,800	200	973	8,062	835	1,170	529	1,641	245	1,816	3,733	24,152	2,797	3,105	1,542	1,552	590	1,536	1,246	2,965	5,566	3,219	1,853	9,570	4,527	5,480	5,527	8,181
Cash And Cash Equivalents Changes	0	0	175	1,144	-631	-14,960	6,190	-10,708	-4,883	-471	2,351	2,890	6,644	0	0	1,904	0	3,394	2,857	-4,110	4,630	3,217	-8,991	-324	-3,594	2,307	3,533	-4,043	4,932	3,228	1,271	-9,256	200	3,228	1,100	-300	-3,700	-3,700	-6,400	1,300	-17,200	-14,600	-10,700	-2,900	-1,900	9,700	-10,900	14,900	-3,200	-3,300	-10,600	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	0	7,201	-15,015	-5,886	-8,646	-6,400	-5,233	-6,327	99	3,259	111	-3,081	0	0	5,633	0	3,116	64	1,157	12,179	1,787	-7,021	-1,217	-2,280	4,643	-2,260	-108	-714	-334	-2,394	1,663	0	-334	200	1,400	1,300	-400	-800	-1,400	800	-14,600	4,200	2,600	0	10,200	800	1,500	0	1,600	6,200	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	10,451	13,220	-145	1,112	-243	-15,307	5,631	-11,080	-4,987	-658	2,134	2,764	6,821	-5,393	2,411	1,138	1,138	3,583	2,539	-4,114	4,489	3,120	-9,058	-1,111	-3,606	2,476	3,436	-3,341	4,932	3,228	1,271	-9,221	200	3,700	-300	-300	-3,700	-3,700	1,300	1,300	-17,200	-14,600	-10,700	-2,900	-1,900	9,700	-10,900	5,500	6,200	-3,300	-10,600	2,500	-6,700	-5,400	-33,900	1,200	14,100	-6,600	-3,800	21,200	17,900	3,300	-600	-2,000	24,000	8,800	-5,000	14,800	42,200	-2,200	600	-327	14,948	-6,328	1,945	989	8,202	-7,253	5,782	4,503	9,099	-19,558	1,101	-3,052	6,631	529	-1,050	-7,962	-4,799	-7,856	32,466	-9,886	7,110	-15,759	3,642	-27,369	29,225
Change In Working Capital	-14,825	6,003	-3,996	-9,444	-14,379	-12,739	5,230	-18,877	-13,227	-7,898	-493	-3,291	-3,558	-4,491	-4,767	1,116	4,595	5,067	4,479	-5,770	6,923	2,518	-8,094	-500	-1,547	253	2,878	-5,230	4,159	1,290	1,420	134	3,700	6,500	2,700	6,200	5,900	-5,100	11,400	200	-5,300	-6,200	5,300	-1,600	13,000	3,100	-13,800	6,400	5,500	-200	-5,900	-7,000	7,100	9,800	-23,000	11,400	21,800	-2,300	1,100	14,800	28,500	-5,900	-10,700	13,800	3,900	-2,500	-7,300	2,100	-15,400	-13,400	-9,100	-387	10,919	-20,941	4,356	687	6,909	8,448	-15,730	-1,703	6,998	-9,245	-4,131	-4,809	-7,913	18,931	12,166	7,529	3,352	13,824	-25,026	4,592	-24,688	-41,542	-24,536	-39,348	4,814
Change Receivables	0	0	-13,284	2,653	-19,144	4,279	2,533	-7,189	-9,681	-11,382	-725	1,159	-4,372	0	0	-4,377	0	-1,216	8,570	-11,135	3,100	2,357	-5,693	-5,008	-347	-38	6,154	-3,366	9,086	-5,890	11,362	3,364	15,300	-5,890	-900	-15,400	16,300	-1,100	-7,200	5,700	3,700	5,500	-1,600	-8,100	8,100	13,600	-14,800	20,900	0	11,500	4,900	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	-3,980	7,043	-13,284	2,653	-19,144	4,279	2,533	-7,189	-9,681	-11,382	-725	1,159	-4,372	-294	4,066	-4,377	-4,377	-1,216	8,570	-6,159	3,100	2,357	-5,693	-5,240	4,578	1,151	2,339	-1,042	11,329	-6,003	13,894	523	10,100	7,200	-18,900	-18,900	9,500	3,300	2,700	2,700	-5,300	11,400	-600	-6,600	18,800	-10,300	-19,700	38,400	23,400	17,400	4,200	-25,800	-34,600	-38,900	-12,500	10,000	28,100	9,900	28,800	61,100	60,700	20,600	5,500	-13,700	2,700	-20,900	-10,100	-5,100	2,700	15,400	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Inventory	-1,103	1,955	5,398	-4,432	-2,760	-2,727	2,794	-3,557	-2,132	-1,006	-2,042	-4,864	-3,540	-645	66	-1,276	-1,276	-2,473	-2,991	1,739	-1,807	11	928	-433	2,784	-646	-1,535	-1,184	1,147	3,348	3,162	224	-1,000	600	2,900	3,100	-4,000	7,300	-3,200	-5,600	1,200	-3,400	1,800	500	16,200	-3,400	3,200	-6,700	-7,700	7,400	100	-18,100	5,100	-8,600	4,300	-3,700	10,400	9,800	-1,900	5,700	29,300	-26,200	-13,600	14,700	-32,000	7,800	-11,000	-7,100	-8,300	-23,700	0	-2,547	-3,314	-5,484	-3,785	6,198	2,139	-345	-5,469	2,214	-3,799	-3,151	1,119	-831	-6,957	3,521	3,924	5,139	4,421	1,029	-13,447	-27,382	4,695	-23,398	-19,343	-22,331	-2,470
Change To Liabilities	0	0	-2,238	7,258	10,298	-2,874	3,794	-3,039	5,004	4,000	-6,337	243	7,031	3,215	-6,145	795	0	5,323	-627	-1,907	-797	-887	2,919	3,651	-4,362	1,515	1	-507	-5,243	4,081	-10,717	-4,298	-10,289	4,081	2,500	13,300	-6,300	-10,000	11,200	10,700	-10,900	6,800	1,600	5,200	-23,400	-5,100	-2,700	4,800	0	-19,500	-14,300	15,300	15,200	22,300	0	0	0	0	0	0	0	0	4,300	1,300	0	7,100	8,600	10,100	0	0	0	17,956	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	0	6,289	2,152	6,364	5,763	4,972	2,997	3,168	2,358	-594	-89,082	1,724	1,542	5,331	862	0	683	78	-1,525	-6,380	320	746	323	654	-2,645	1,309	797	-123	525	1,348	6,129	3,515	525	2,500	-100	3,300	2,000	2,800	4,500	3,700	900	2,200	4,800	4,800	2,000	4,900	5,200	0	10,000	2,400	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	0	-2,793	-2,793	-4,555	-5,970	839	-4,056	419	-4,225	1,325	4,179	-1,051	-3,683	1,588	229	0	-1,465	318	-113	-774	-70	-2,548	4,631	1,481	-1,937	-2,055	-4,950	-313	305	-2,387	1,527	-342	0	0	-5,973	0	0	0	-4,473	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	1,140	1,344	1,614	1,552	1,545	1,468	1,019	1,051	1,129	1,264	1,367	1,355	1,407	1,254	1,161	1,111	1,111	1,077	1,038	1,060	1,024	1,096	1,288	1,218	1,391	1,308	1,282	1,300	1,404	1,466	1,670	1,648	1,600	1,700	2,000	2,000	1,900	2,000	1,900	1,900	1,900	2,200	1,500	1,600	1,600	1,500	1,900	1,700	1,700	2,100	1,700	400	4,100	3,000	4,500	9,300	8,400	8,300	9,700	10,500	9,500	9,100	9,000	7,600	9,500	7,700	8,900	-17,100	25,400	2,900	3,300	1,630	1,962	2,130	1,644	1,682	4,181	2,171	2,716	2,392	2,364	2,883	2,185	2,038	2,413	2,591	2,198	3,613	5,485	5,100	4,867	4,837	4,904	4,553	4,175	4,231	2,238
Dividends Paid	332	180	143	366	19	670	0	0	0	0	0	0	0	0	0	0	0	0	9,000	8,970	0	0	10	12	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
End Period Cash Flow	46,192	35,741	22,521	22,666	21,554	21,797	37,104	31,473	42,553	47,540	48,198	46,064	43,300	36,479	41,872	39,461	38,067	38,323	34,740	32,201	36,315	31,826	28,706	37,764	38,875	42,481	40,005	36,569	39,910	34,978	31,750	30,479	39,700	39,500	34,700	34,700	35,000	38,700	48,800	48,800	47,500	64,700	79,300	90,000	92,900	94,800	85,100	96,000	90,500	84,300	87,600	98,200	95,700	102,400	107,800	141,700	140,500	126,400	133,000	136,800	115,600	97,700	94,400	95,000	97,000	73,000	64,200	69,200	54,400	12,200	14,400	44,087	44,414	29,466	35,794	33,849	32,860	24,658	31,911	26,129	21,626	12,527	32,085	30,984	34,036	27,405	26,876	27,926	35,888	40,687	48,543	16,077	25,963	18,853	34,612	30,970	58,339
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	160	-248	-245	-1,547	0	-248	-300	-100	-2,700	-1,100	-400	100	-300	-100	600	0	-500	200	700	-100	0	-800	-1,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	-7,723	13,263	7,081	-5,029	-18,012	-6,788	12,813	-8,855	-3,294	333	2,663	2,944	5,621	3,223	2,205	2,292	2,292	4,041	4,347	-3,559	5,059	4,810	-8,612	-585	-3,598	2,303	3,526	-5,371	4,768	3,473	2,514	-7,500	200	4,200	-200	-200	-1,000	-5,600	2,200	1,200	-16,900	-14,600	-8,400	-1,600	-300	10,400	-10,500	7,700	5,700	-1,500	-9,400	1,900	-6,800	-5,500	-39,100	1,500	13,000	-6,600	-400	18,700	24,000	8,500	-1,500	-700	19,200	6,200	-4,200	-5,600	-8,000	-9,500	-1,200	5,052	3,409	-18,529	3,721	-2,326	-2,873	-7,561	-21,607	-11,028	-25,505	-17,579	-10,197	-5,756	143	6,374	1,323	-4,753	5,041	-261	-31,231	-1,399	-14,813	-26,346	-12,372	-29,534	985
Investments	-32,814	-717	-6	12	1,244	7,907	-5,787	-2,492	-449	-349	-448	-1,023	-358	-1,018	-663	-1,528	-1,528	-1,115	-1,302	-1,163	-847	0	0	264	264	264	264	-17	-17	-17	-17	-222	-222	0	0	-222	0	0	0	-222	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	0	-6,953	6,200	-6,200	-6,200	0	0	0	0	0	0	0	-9,000	-9,000	-371	0	-653	-748	1,870	-434	-1,047	-389	-8	0	0	0	1,000	1,000	1,000	-1,000	0	-1,000	0	0	2,860	0	3,000	-100	-2,896	0	0	-2,900	-1,000	-1,100	-1,100	-1,000	6,900	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	2,890	4,005	3,339	4,889	6,046	-2,746	4,533	6,029	5,916	4,682	2,831	94,731	6,641	5,936	1,143	731	731	-1,671	54	3,839	4,339	2,310	-750	-94	-2,390	5,351	-565	-1,412	-330	1,722	-601	-15,137	-7,800	-5,500	-4,100	-3,500	-11,500	-3,300	-12,100	-12,900	-14,800	-9,900	-13,600	-5,800	-1,700	-5,300	-2,200	-1,300	-3,200	-12,800	-6,800	-19,800	-36,900	-12,500	-21,300	-88,800	-25,700	-7,900	-7,800	-6,900	-38,300	-315,400	5,600	-17,400	7,300	-1,000	-800	-5,300	-23,200	5,800	4,800	1,822	3,317	813	-2,261	-4,166	-13,250	-17,935	-6,777	-7,984	-16,790	-9,901	-7,040	-3,337	-7,969	-16,164	-6,250	-21,028	-9,051	-56,912	-57,592	-44,964	-39,185	11,975	11,167	9,048	7,316
Other Cashflows From Financing Activities	58,235	25,200	52,660	26,565	9,020	15,670	-1,114	345	319	-358	17	404	1,023	-128	14,862	8,983	0	9,006	17,254	17,830	9,005	8,454	9,010	8,997	9,004	9,004	9,000	8,991	8,004	8,003	8,000	9,013	-500	-400	-700	11,700	-600	18,000	2,900	1,300	-2,800	100	-3,800	100	100	100	-1,400	100	-900	-1,600	-3,000	5,000	200	1,000	6,000	6,300	100	-6,100	-8,700	800	-1,300	-500	1,200	-600	-4,000	-2,800	-6,000	12,500	21,900	5,800	2,700	-4,887	20,000	13,000	-240	3,708	10,215	2,929	5,008	25,000	11,318	-5,268	7,901	768	8,349	-7,203	-4,633	-4,681	-7,918	-1,430	1,430	-10,964	9,207	5,411	7,931	-6,990	-36,617
Other Cashflows From Investing Activities	0	0	0	0	0	-15,769	0	2,284	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-100	-300	0	-1,000	-200	3,000	3,000	3,100	3,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	1,333	755	566	808	1,144	2,527	-1,142	443	144	655	-494	815	211	755	4,657	313	0	165	305	38	201	-124	83	-30	205	86	161	442	-672	-289	880	6,527	2,200	1,400	4,100	4,600	2,600	1,600	3,900	4,500	3,100	200	700	17,000	3,300	1,700	1,900	1,400	1,300	8,700	-6,800	29,100	800	500	3,900	69,900	13,500	200	1,000	10,500	30,100	300,000	-300	1,500	-1,700	5,500	-500	27,700	5,400	0	3,248	2,960	-4,727	304	1,152	0	928	-1	1	0	6,075	1,481	1,894	1,894	12,060	1,606	-5,255	6,379	2,290	43,293	49,739	35,989	53,726	3,195	2,302	2,062	-5,202
Sale Purchase Of Stock	-332	-105	-143	-366	-19	-670	-751	-1,990	-1,908	-713	-329	-458	1,063	0	18	-371	-371	-653	-748	-446	-434	-1,047	-389	-8	10	4	10	12	4	10	10	10	0	3	0	0	0	0	0	0	0	100	100	100	100	100	100	100	-8,300	0	0	0	200	0	0	0	100	0	0	0	0	0	0	0	600	0	900	1,700	35,700	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stock Based Compensation	1,825	1,834	1,585	1,638	1,659	1,838	1,370	840	761	863	767	765	818	571	371	507	0	401	407	327	458	502	436	668	535	580	574	600	565	488	458	436	500	400	500	0	700	400	600	0	600	700	1,500	1,700	1,400	1,800	1,500	1,500	1,400	1,300	1,000	1,400	1,300	1,300	800	1,400	300	500	1,000	1,000	1,800	1,400	1,000	6,400	1,000	3,600	2,000	2,900	1,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Cash From Financing Activities	50,116	180	-6,900	6,161	368	-310	-836	-1,645	-1,589	-804	-312	-54	1,023	-8,705	-20	-388	-388	-647	-1,490	-551	-429	-1,593	-379	-3	4	4	7	1,012	4	3	-998	13	-9,000	-9,000	-12,000	2,900	-24,000	3,000	-5,800	-2,800	-2,800	100	-2,900	-900	-1,000	-1,000	-1,000	-900	-400	0	0	-10,000	200	1,000	1,000	-5,000	-100	-200	-500	-500	-1,300	-500	1,200	-2,100	-3,400	-2,800	-5,100	100	48,800	5,800	2,600	-1,618	7,092	11,981	-1,604	-1,224	-1,313	-1,392	21,700	24,804	493	299	405	195	202	259	249	354	648	-710	72,888	840	1,155	1,340	2,617	4,476	55,609
Total Cash From Operating Activities	-7,071	13,980	7,361	-646	-2,045	-6,314	13,577	-8,625	-2,845	682	3,111	3,967	5,979	4,241	2,868	3,820	3,820	5,156	5,649	-2,396	5,906	6,244	-6,810	930	-1,892	4,267	4,904	-4,545	5,110	5,003	3,837	-7,226	700	4,600	500	500	-400	-4,400	3,800	2,800	-14,500	-13,000	-4,600	1,500	3,400	12,700	-9,200	9,200	6,700	-900	-6,600	3,900	-4,900	-3,700	-36,800	6,500	17,900	-500	4,400	26,000	28,900	12,500	3,900	4,600	23,300	10,000	2,100	-1,600	-5,800	-4,700	-1,000	6,025	11,471	-17,694	4,891	-1,797	-1,232	-7,316	-19,791	-7,295	-1,353	-14,782	-7,092	-4,214	-1,409	6,964	2,859	-3,507	2,076	5,305	-28,012	454	-5,243	-21,819	-6,892	-24,007	9,166
Total Cashflows From Investing Activities	0	0	-286	-4,371	1,046	-8,336	-6,551	-438	-449	-349	-448	-1,023	-358	-1,018	-663	-1,528	0	-1,115	-1,302	-1,163	-847	-1,434	-1,802	-1,251	-1,706	-1,964	-1,378	-843	-342	-1,530	-1,323	-496	-500	-1,530	-400	-700	-600	-1,200	-1,200	-1,600	-2,400	-1,600	-3,800	-4,500	-2,400	-2,200	-1,400	-2,800	0	-1,600	-3,000	0	0	0	1,500	0	0	0	0	0	0	0	0	0	2,800	300	0	14,300	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Income Statement

Currency in USD. All numbers in thousands.

	2023-06-30	2022-06-30	2021-06-30	2020-06-30	2019-06-30	2018-06-30	2017-06-30	2016-06-30	2015-06-30	2014-06-30	2013-06-30	2012-06-30	2011-06-30	2010-06-30	2009-06-30	2008-06-30	2007-06-30	2006-06-30	2005-06-30	2004-06-30	2003-06-30	2002-06-30	2001-06-30	2000-06-30	1999-06-30	1998-06-30	1997-06-30	1996-06-30	1995-06-30
Cost Of Revenue	222,422	193,724	172,296	153,946	164,588	162,003	166,402	206,973	255,200	260,900	331,200	312,300	324,000	345,500	505,500	528,200	352,200	167,303	151,398	129,689	149,165	184,527	288,865	209,653	185,493	197,048	118,778	119,918	114,760
Depreciation And Amortization	6,024	476	2,501	4,434	4,468	5,199	5,840	6,648	7,600	7,500	6,600	7,200	12,100	35,700	38,100	33,700	14,500	7,418	11,460	9,470	10,815	20,289	17,863	16,594	25,912	12,862	5,790	6,332	6,356
Discontinued Operations	0	0	0	0	0	0	0	541	100	918	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Ebit	26,409	28,745	22,210	3,378	-2,080	-2,625	-5,806	-32,632	-20,700	-38,600	6,300	-4,200	-18,900	-54,000	-9,000	-2,000	8,700	4,249	-25,449	-22,791	5,948	-47,448	35,771	15,661	-57,438	20,256	14,183	-9,998	2,764
Ebitda	32,433	29,221	24,711	7,812	2,388	2,574	34	-25,984	-13,100	-31,100	12,900	3,000	-6,800	-18,300	29,100	31,700	23,200	11,667	-13,989	-13,321	16,763	-27,159	53,634	32,255	-31,526	33,118	19,973	-3,666	9,120
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extraordinary Items	0	0	0	0	0	-50,115	0	541	100	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Gross Profit	124,171	109,235	102,615	84,696	79,270	80,503	75,472	61,717	80,700	85,600	140,100	131,700	128,100	133,400	174,400	190,200	155,700	63,589	28,904	27,659	48,539	44,317	128,796	90,850	51,006	113,442	59,566	30,501	38,890
Income Before Tax	23,103	30,435	22,440	3,709	1,550	1,266	-605	-28,543	-26,000	-49,800	2,400	-14,000	-44,700	-134,000	-337,200	-13,900	-21,900	-721	-45,491	-34,935	-51,632	-167,450	-5,952	15,170	-96,122	23,736	13,008	-7,908	2,202
Income Tax Expense	11,575	9,275	-87,699	3,452	-8,188	-1,036	16	1,635	-1,300	1,500	13,300	1,500	14,100	-3,800	17,800	-2,000	-4,000	1,576	455	-2,133	-77	1,423	1,043	3,034	607	3,858	1,301	-1,953	220
Interest Expense	0	5,677	3,112	54	102	29	50	104	400	400	800	1,300	2,200	2,200	2,800	2,600	2,300	0	0	0	0	0	0	0	0	0	0	0	0
Interest Income	0	0	230	385	267	198	261	252	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	457	202	270	100	71	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	11,528	21,160	110,139	257	9,738	1,845	-823	-29,907	-24,700	-50,400	-15,000	-24,100	-90,500	-130,200	-355,000	-11,900	-17,900	-2,297	-45,946	-37,068	-51,555	-168,873	-6,995	12,136	-96,729	19,878	11,707	-5,955	1,982
Net Income Applicable To Common Shares	11,528	21,160	110,139	257	9,738	1,845	-823	-29,907	-24,700	-51,100	-15,000	-24,100	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income From Continuing Ops	11,528	21,160	110,139	257	9,750	2,302	-621	-30,178	-24,700	-52,018	-10,900	-15,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Interest Income	0	0	230	331	165	169	211	148	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Operating Income Net Other	-3,306	1,690	230	0	284	-22	430	-993	400	500	1,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Recurring	3,012	238	2,271	0	736	1,279	589	2,455	4,900	11,198	3,100	7,900	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	26,409	28,745	22,210	3,378	-2,080	1,317	-985	-27,446	-26,000	-49,900	1,700	-12,700	-34,600	-133,300	-335,300	-13,700	-21,400	2,322	-43,721	-34,545	-50,894	-160,025	4,707	14,525	-96,147	20,908	13,899	-8,023	2,748
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Expenses	317,172	273,976	250,430	231,215	241,754	239,910	242,270	293,681	357,000	385,600	466,500	448,800	471,300	533,200	689,800	722,800	501,000	228,570	214,019	186,903	222,480	286,138	397,586	285,978	294,907	289,582	164,445	158,442	150,902
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Reconciled Depreciation	6,179	4,463	5,383	4,387	4,468	5,199	5,840	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Research Development	24,908	22,596	21,810	19,284	21,111	19,750	18,684	20,806	25,400	35,500	39,400	36,000	40,500	41,100	40,400	46,100	39,400	14,475	16,661	17,151	14,393	18,529	24,006	24,372	24,131	19,879	10,596	11,108	11,379
Selling And Marketing Expenses	0	0	0	57,985	56,055	58,157	0	65,902	76,000	88,000	95,000	98,000	104,000	141,000	132,000	134,000	92,000	0	0	0	0	0	0	0	0	0	0	0	0
Selling General Administrative	69,842	57,656	56,324	57,985	56,055	58,157	57,184	65,902	76,000	800	500	1,500	3,600	275,700	267,900	275,400	190,900	46,792	44,379	39,273	58,922	58,493	62,715	51,953	55,342	58,053	35,071	27,416	24,763
Tax Provision	11,575	9,275	-87,699	3,452	-8,188	-1,036	16	1,635	-1,300	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Operating Expenses	94,750	80,252	78,134	77,269	77,166	77,907	75,868	86,708	101,800	124,700	135,300	136,500	147,300	187,700	184,300	194,600	148,800	61,267	62,621	57,214	73,315	101,611	108,721	76,325	109,414	92,534	45,667	38,524	36,142
Total Other Income Expense Net	-6,318	1,690	230	331	3,630	-1,499	-420	-3,700	-4,900	-10,800	-2,400	-8,500	-23,600	-77,800	-325,400	-9,300	-28,300	-1,927	-8,268	-6,764	-30,724	-9,846	-15,696	-1,136	-970	652	-284	1,975	-16
Total Revenue	346,593	302,959	274,911	238,642	243,858	242,506	241,874	268,690	335,900	346,500	471,300	444,000	452,100	478,900	679,900	718,400	507,900	230,892	180,302	157,348	197,704	228,844	417,661	300,503	236,499	310,490	178,344	150,419	153,650

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2020-01-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31
Cost Of Revenue	58,206	55,714	58,515	53,647	58,463	51,797	49,959	46,980	49,708	47,077	45,807	40,826	43,622	42,041	40,792	39,418	39,418	37,678	36,058	41,629	37,782	42,598	42,579	39,323	43,961	39,833	38,886	37,172	40,968	47,420	40,842	48,383	46,000	54,000	69,100	71,000	57,200	67,300	65,600	65,600	60,500	64,500	70,300	75,400	84,200	90,300	81,300	83,200	77,300	73,100	78,700	86,000	83,900	87,500	84,900	81,100	101,800	80,300	82,300	91,000	140,400	136,500	137,600	148,000	125,200	131,800	123,200	120,100	103,000	66,400	46,512	46,365	44,337	39,308	41,386	42,271	35,081	42,015	35,187	39,115	37,098	34,151	29,819	28,621	33,086	36,008	40,194	39,876	38,790	40,066	49,134	56,537	81,084	79,448	72,110	56,223	59,893	54,013
Depreciation And Amortization	1,140	1,288	314	1,552	1,856	1,468	1,222	907	1,129	1,264	1,367	1,355	1,407	1,254	1,161	1,111	0	1,077	1,038	1,060	1,024	1,096	1,288	1,218	1,391	1,308	1,282	1,300	1,404	1,466	1,670	1,648	1,600	1,700	2,000	2,000	1,900	2,000	1,900	1,900	1,900	2,200	1,500	1,600	1,600	1,500	1,900	1,700	1,700	2,100	1,700	400	4,100	3,000	4,500	9,300	8,400	8,300	9,700	10,500	9,500	9,100	9,000	7,600	9,500	7,700	8,900	-17,100	25,400	2,900	3,300	1,630	1,962	2,130	1,644	1,682	4,181	2,171	2,716	2,392	2,364	2,883	2,185	2,038	2,413	2,591	2,198	3,613	5,485	5,100	4,867	4,837	4,904	4,553	4,175	4,231	2,238	-611
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	41	200	0	300	94	0	0	0	918	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Ebit	8,994	5,547	6,322	5,898	8,678	7,813	5,241	7,482	7,288	8,132	3,503	5,325	7,916	6,601	2,900	1,965	2,459	-996	2,782	1,500	-2,431	2,926	-667	1,376	-1,372	2,548	-1,196	-1,602	567	1,196	-2,893	-14,489	-6,800	-4,900	-4,900	-7,100	-6,800	-2,400	-9,100	-11,800	-10,300	-10,300	-8,900	100	-400	5,300	1,900	-200	200	-2,800	-1,400	-1,900	-5,500	-2,600	-20,600	-15,800	-28,300	-4,600	-5,300	2,600	-28,600	11,700	13,400	-26,200	9,200	8,000	7,000	25,100	-6,500	6,400	2,203	2,648	4,407	2,584	-165	-2,580	-10,078	-2,116	-6,093	-6,943	-3,573	-9,206	-6,725	-3,286	46,910	-14,894	-3,619	5,753	-11,429	-17,075	-15,990	19,050	4	13,700	11,646	10,421	8,859	3,891
Ebitda	10,134	6,835	6,636	7,450	10,534	9,281	6,463	8,389	8,417	9,396	4,870	6,680	9,323	7,855	4,061	3,076	0	81	3,820	2,560	-1,407	4,022	621	2,594	19	3,856	86	-302	1,971	2,662	-1,223	-12,841	-5,200	-3,200	-2,900	-5,100	-4,900	-400	-7,200	-9,900	-8,400	-8,100	-7,400	1,700	1,200	6,800	3,800	1,500	1,900	-700	300	-1,500	-1,400	400	-16,100	-6,500	-19,900	3,700	4,400	13,100	-19,100	20,800	22,400	-18,600	18,700	15,700	15,900	8,000	18,900	9,300	5,503	4,278	6,369	4,714	1,479	-898	-5,897	55	-3,377	-4,551	-1,209	-6,323	-4,540	-1,248	49,323	-12,303	-1,421	9,366	-5,944	-11,975	-11,123	23,887	4,908	18,253	15,821	14,652	11,097	3,280
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Extraordinary Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Gross Profit	36,830	31,852	32,664	29,833	32,220	29,454	27,462	27,536	28,156	26,081	25,879	25,578	26,909	24,249	21,860	21,961	21,961	18,319	22,556	22,600	16,255	22,490	17,925	23,185	18,132	21,890	17,296	19,259	17,732	21,116	17,365	9,869	14,400	16,400	18,700	16,800	17,600	25,200	20,300	19,800	20,900	21,300	23,100	33,600	34,100	38,700	33,700	32,800	34,300	31,900	32,700	31,500	31,600	36,700	24,200	35,200	18,200	42,300	37,700	44,200	17,600	54,400	58,200	38,800	53,000	49,300	49,100	54,000	36,000	34,800	20,767	19,872	19,614	16,206	15,168	12,601	6,046	7,504	8,428	6,926	7,151	6,099	7,063	7,346	13,474	13,257	12,366	9,443	7,302	5,104	11,764	20,147	29,216	35,746	33,323	30,511	28,695	23,422
Income Before Tax	5,237	4,646	5,766	7,068	9,138	1,131	7,318	7,307	8,968	6,842	3,761	4,163	7,916	6,600	2,156	1,329	1,329	-1,378	1,602	2,606	-2,438	2,850	-1,468	1,058	-1,375	2,787	-1,204	-570	449	2,587	-3,071	-14,450	-7,600	-5,000	-5,200	-7,100	-10,000	-2,600	-11,000	-11,800	-14,600	-10,700	-13,500	-2,200	-1,000	4,900	700	-1,400	-700	-9,200	-2,700	-8,500	-10,300	-7,200	-26,800	-91,000	-29,600	-6,500	-6,900	-17,100	-34,700	-291,900	6,500	-20,500	8,800	-1,200	-1,000	-10,300	-22,900	6,100	1,575	2,057	3,501	1,432	-1,765	-3,889	-13,268	-17,815	-6,576	-7,833	-14,997	-9,773	-6,722	-3,444	-9,529	-15,768	-4,269	-22,066	-9,220	-57,217	-55,565	-45,447	-43,822	14,088	13,138	-3,194	9,145	4,246
Income Tax Expense	2,347	641	2,427	2,179	3,092	3,877	2,785	1,278	3,052	2,160	930	-90,568	1,275	664	1,013	598	0	293	1,548	-1,233	-6,777	540	-718	1,152	1,015	-2,564	-639	842	779	865	-2,470	779	400	500	-3,700	-3,700	1,500	600	1,300	1,300	500	-500	200	1,300	600	9,900	1,500	-400	100	800	1,000	-900	15,200	5,300	-5,500	-2,200	-3,900	1,400	900	-10,200	3,600	23,500	900	-3,100	1,500	-200	-200	-5,000	300	300	23	235	184	619	496	277	-18	119	202	151	-2,473	128	280	-69	-1,416	396	146	797	-332	211	922	622	-4,637	2,113	1,971	-12,242	1,829	849
Interest Expense	0	0	6,961	428	149	6,682	1,874	31	0	28	1	128	38	1	31	19	19	1	3	14	7	76	5	5	5	13	6	22	7	3	18	13	100	100	100	100	300	200	100	100	100	100	100	100	200	200	300	300	200	400	400	500	400	700	600	700	600	400	500	600	800	700	700	600	2,200	800	700	800	1,100	300	200	975	0	0	0	966	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Interest Income	0	0	0	0	0	0	0	0	0	28	28	128	38	36	67	112	112	120	86	100	73	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-148	233	280	92	61	69	44	28	-30	100	44	0	100	0	0	0	71	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Net Income	2,890	4,005	3,339	4,889	6,046	-2,746	4,533	6,029	5,916	4,682	2,831	94,731	6,641	5,936	1,143	731	731	-1,671	54	3,839	4,339	2,310	-750	54	-2,623	5,071	-657	-1,473	-399	1,678	-629	-15,151	-7,900	-5,700	-1,600	-3,500	-11,500	-3,300	-12,100	-12,900	-14,800	-9,900	-13,600	-5,800	-1,700	-5,300	-2,200	-1,300	-3,200	-12,800	-6,800	-19,800	-36,900	-12,500	-21,300	-88,800	-25,700	-7,900	-7,800	-6,900	-38,300	-315,400	5,600	-17,400	7,300	-1,000	-800	-5,300	-23,200	5,800	1,552	1,822	3,317	813	-2,261	-4,166	-13,250	-17,934	-6,778	-7,984	-16,790	-9,901	-7,002	-3,375	-8,113	-16,164	-4,415	-22,863	-8,888	-57,428	-56,487	-46,069	-39,185	11,975	11,167	9,048	7,316	3,397
Net Income Applicable To Common Shares	0	0	3,339	4,889	6,046	-2,746	4,533	6,029	5,916	4,682	2,831	94,731	6,641	5,936	1,143	731	0	-1,671	54	3,839	4,339	2,310	-750	54	-2,623	5,071	-657	-1,473	-399	1,678	-629	-15,107	-7,900	1,678	-1,200	-4,200	-11,500	-3,300	-5,700	-12,900	-14,800	-9,900	-13,600	-5,800	-1,700	-5,300	-2,200	-1,300	-3,200	-12,800	-6,800	0	0	0	0	0	-400	400	0	0	0	-6,500	6,500	-5,200	5,200	0	0	0	-4,500	4,500	5,500	2,752	0	-5,700	5,700	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Net Income From Continuing Ops	2,890	4,005	3,339	4,889	6,046	-2,746	4,533	6,029	5,916	4,682	2,831	94,731	6,641	5,936	1,143	731	731	-1,671	54	3,839	4,339	2,310	-750	-94	-2,390	5,351	-565	-1,412	-330	1,722	-601	-15,178	-8,000	1,722	-1,500	-4,100	-11,500	-3,200	-5,900	-13,100	-15,100	-10,200	-13,700	-3,500	-1,600	-5,000	-800	-1,000	-800	-10,000	-3,700	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Net Interest Income	0	0	0	0	0	0	0	0	0	28	29	128	38	35	36	93	93	119	83	86	66	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Non Operating Income Net Other	0	0	-556	-428	460	-2,782	2,105	-175	-240	0	28	128	38	0	0	112	0	120	86	118	72	43	51	49	-5	-94	28	98	383	77	-128	-1,193	0	77	100	100	100	100	100	100	300	100	0	1,400	200	200	-300	-300	0	100	200	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Non Recurring	0	0	157	-23	928	1,950	611	-72	-960	659	1,109	1,162	0	0	0	617	0	381	1,177	-60	0	0	796	1,531	-2	-252	2	246	111	72	160	1,710	800	72	0	200	3,200	0	1,500	2,100	4,200	300	4,500	2,200	400	200	300	900	400	5,700	900	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Operating Income	4,994	5,547	6,322	5,898	8,678	7,813	5,241	7,482	9,208	6,814	3,732	4,035	7,878	6,565	2,120	1,236	1,853	-1,497	1,519	2,502	-2,503	2,883	-1,514	1,014	-1,365	2,894	-1,226	-646	73	2,513	-2,925	-13,256	-7,600	-5,000	-5,200	-7,100	-10,100	-2,500	-11,000	-11,800	-14,800	-10,700	-13,400	-2,900	-1,000	4,900	1,300	-1,400	-200	-8,600	-2,500	-4,200	-10,100	-6,000	-22,400	-91,700	-29,000	-6,200	-6,400	-16,500	-34,100	-291,500	6,800	-21,100	9,200	-800	-1,000	-10,100	-22,700	6,200	1,843	2,313	4,043	2,089	-717	-3,094	-12,831	-17,292	-6,135	-7,463	-14,614	-9,577	-6,858	-3,496	-10,043	-15,104	-3,905	-21,841	-10,542	-57,209	-55,838	-36,435	-29,909	13,419	11,566	9,631	7,751	3,891
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Other Operating Expenses	88,042	81,375	84,700	76,007	81,077	75,388	71,569	67,106	69,616	65,685	66,845	61,207	62,653	59,725	58,658	59,526	0	57,113	55,918	61,787	56,540	62,205	61,222	59,963	63,460	59,081	57,406	56,831	58,516	65,951	60,972	69,912	67,200	75,400	92,800	94,900	81,700	95,000	95,100	97,200	92,000	96,200	102,300	109,700	118,900	123,900	113,400	116,500	111,400	107,900	113,000	119,700	121,200	126,800	125,900	132,300	148,300	127,300	125,300	132,600	186,800	481,300	185,700	207,000	169,000	177,500	169,300	171,200	146,400	95,000	65,436	63,924	59,908	53,425	57,271	57,966	51,377	59,388	49,750	53,504	53,873	49,827	43,740	39,463	28,412	64,966	56,833	58,094	56,634	62,952	77,376	78,174	124,841	101,775	93,867	77,103	80,837	73,544
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Reconciled Depreciation	1,140	1,344	1,614	1,552	1,545	1,468	1,019	1,051	1,129	1,264	1,367	1,355	1,407	1,254	1,161	1,111	0	1,077	1,038	1,060	1,024	1,096	1,288	1,218	1,391	1,308	1,282	1,300	1,404	1,466	1,670	1,648	1,600	1,700	2,000	2,000	1,900	2,000	1,900	1,900	1,900	2,200	1,500	1,600	1,600	1,500	1,900	1,700	1,700	2,100	1,700	400	4,100	3,000	4,500	9,300	8,400	8,300	9,700	10,500	9,500	9,100	9,000	7,600	9,500	7,700	8,900	-17,100	25,400	2,900	3,300	1,630	1,962	2,130	1,644	1,682	4,181	2,171	2,716	2,392	2,364	2,883	2,185	2,038	2,413	2,591	2,198	3,613	5,485	5,100	4,867	4,837	4,904	4,553	4,175	4,231	2,238	-
Research Development	8,394	6,424	6,256	6,518	6,047	6,087	5,258	5,259	6,169	5,910	6,269	5,275	5,419	4,847	4,215	4,875	4,875	4,978	5,216	5,508	5,350	5,316	4,937	5,054	4,754	5,144	4,798	5,002	4,264	4,475	4,943	5,057	5,000	5,200	6,000	6,000	6,400	6,400	8,000	8,000	8,400	9,400	9,700	10,400	9,900	9,800	9,300	9,300	8,900	8,800	9,000	9,700	9,900	12,100	11,100	10,100	10,200	10,100	10,700	10,800	9,900	9,500	10,200	11,300	11,500	10,900	12,400	43,699	11,100	8,300	4,299	4,584	3,683	3,388	3,703	3,701	3,746	4,363	4,189	4,364	4,887	4,396	3,982	3,886	3,960	3,351	3,460	3,622	3,705	4,130	4,774	5,919	6,329	5,673	5,722	6,282	6,119	6,149
Selling And Marketing Expenses	0	0	0	0	0	0	0	0	0	0	0	0	13,612	12,837	13,651	15,233	0	14,457	14,644	14,650	13,408	14,291	13,706	15,586	14,745	14,104	13,722	0	0	14,056	65,853	65,853	16,000	16,000	18,000	18,000	18,000	21,000	21,000	21,000	23,000	22,000	22,000	24,000	25,000	24,000	22,000	23,000	26,000	25,000	24,000	24,000	25,000	0	29,000	40,000	35,000	36,000	30,000	33,000	33,000	31,000	35,000	44,000	29,000	31,000	30,000	6,000	39,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Selling General Administrative	21,442	19,237	19,929	15,842	16,567	17,504	16,352	14,867	13,739	12,698	14,769	15,106	13,612	12,837	13,651	15,233	15,233	14,457	14,644	14,650	13,408	14,100	6	14	45	4	22	14,657	13,284	44	49,453	49,453	200	200	400	400	18,000	200	400	400	23,000	200	200	200	300	300	700	900	400	200	300	300	1,700	26,500	57,200	78,300	85,400	68,100	60,800	67,300	67,600	63,900	71,500	89,300	60,100	67,200	58,800	43,000	50,300	28,600	14,625	12,975	31,200	10,729	12,182	11,994	0	12,219	9,979	9,630	0	10,873	9,939	6,956	0	12,418	13,179	14,596	0	13,667	14,968	15,718	0	16,654	16,035	14,598	0	13,382
Tax Provision	2,347	641	2,427	2,179	3,092	3,877	2,785	1,278	3,052	2,160	930	-90,568	1,275	664	1,013	598	598	293	1,548	-1,233	-6,777	540	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Total Operating Expenses	29,836	25,661	26,185	22,360	22,614	23,591	21,610	20,126	19,908	18,608	21,038	20,381	19,031	17,684	17,866	20,108	59,526	19,435	19,860	20,158	18,758	19,607	18,643	20,640	19,499	19,248	18,520	19,659	17,548	18,531	20,130	21,529	21,200	21,400	23,700	23,900	24,500	27,700	29,500	31,600	31,500	31,700	32,000	34,300	34,700	33,600	32,100	33,300	34,100	34,800	34,300	33,700	37,300	39,300	41,000	51,200	46,500	47,000	43,000	41,600	46,400	344,800	48,100	59,000	43,800	45,700	46,100	51,100	43,400	28,600	18,924	17,559	15,571	14,117	15,885	15,695	16,296	17,373	14,563	14,389	16,775	15,676	13,921	10,842	-4,674	28,958	16,639	18,218	17,844	22,886	28,242	21,637	43,757	22,327	21,757	20,880	20,944	19,531
Total Other Income Expense Net	-1,757	-1,545	-713	1,170	460	-6,682	2,077	-175	720	-659	-1,109	-1,162	38	35	-1,874	-617	-617	-381	-1,177	78	-1	-33	-796	-1,531	-52	116	-32	-241	230	-67	-342	-2,841	-800	500	-200	-4,895	-3,200	-100	-1,800	0	-4,200	-300	-4,500	-1,500	-400	-200	-900	-900	-700	-6,000	-900	-5,800	-4,400	-3,900	-5,600	-74,500	-700	-1,500	-1,100	-19,100	-5,300	-302,100	-3,300	-900	-400	-4,400	-4,000	-13,000	-15,300	-100	-360	-335	-364	-495	-552	-514	-172	-7,753	-42	-520	-6,051	-371	-133	-210	-28,762	-807	-654	-14,528	887	-707	-488	-20,540	-14,545	-281	-80	-790	-1,108	611
Total Revenue	95,036	87,566	91,179	83,480	90,683	81,251	77,421	74,516	77,864	73,158	71,686	66,404	70,531	66,290	62,652	61,379	61,379	55,997	58,614	64,229	54,037	65,088	60,504	62,508	62,093	61,723	56,182	56,431	58,700	68,536	58,207	58,252	60,400	70,400	87,800	87,800	74,800	92,500	85,900	85,400	81,400	85,800	93,400	109,000	118,300	129,000	115,000	116,000	111,600	105,000	111,400	117,500	115,500	124,200	109,100	116,300	120,000	122,600	120,000	135,200	158,000	190,900	195,800	186,800	178,200	181,100	172,300	174,100	139,000	101,200	67,279	66,237	63,951	55,514	56,554	54,872	41,127	49,519	43,615	46,041	44,249	40,250	36,882	35,967	46,560	49,265	52,560	49,319	46,092	45,170	60,898	76,684	110,300	115,194	105,433	86,734	88,588	77,435

Latest Income Statement (annual, 2023-06-30)

Gross Profit (+$)
totalRevenue	346,593
Cost of Revenue	-222,422
Gross Profit	124,171	124,171

Operating Income (+$)
Gross Profit	124,171
Operating Expense	-94,750
Operating Income	26,409	29,421

Operating Expense (+$)
Research Development	24,908
Selling General Administrative	69,842
Selling And Marketing Expenses	0
Operating Expense	94,750	94,750

Net Interest Income (+$)
Interest Income	0
Interest Expense	-0
Other Finance Cost	-0
Net Interest Income	0

Pretax Income (+$)
Operating Income	26,409
Net Interest Income	0
Other Non-Operating Income Expenses	-3,306
Income Before Tax (EBT)	23,103	32,727 EBIT - interestExpense = 26,409 23,103 11,528
Interest Expense	0
Earnings Before Interest and Taxes (EBIT)	26,409	23,103
Earnings Before Interest and Taxes (EBITDA)	32,433

After tax Income (+$)
Income Before Tax	23,103
Tax Provision	-11,575
Net Income From Continuing Ops	11,528	11,528
Net Income	11,528
Net Income Applicable To Common Shares	11,528

Non-recurring Events
Discontinued Operations	0
Extraordinary Items	0
Effect of Accounting Charges	0
Other Items	0
Non Recurring	3,012
Other Operating Expenses	317,172
Total Other Income/Expenses Net	-6,318	3,306

Technical Analysis of Aviat Networks Inc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Aviat Networks Inc. The general trend of Aviat Networks Inc is BULLISH with 28.6% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Aviat Networks Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitions	Bullish trend (28.6%)		Bearish trend (-28.6%)
Overbought to neutral	Bullish pullback	=	Bearish reversal
Upper to lower neutral	Bullish correction	=	Bearish continuation
Nuetral to oversold	Oversold	=	Oversold
Oversold to neutral	Bullish reversal	=	Bearish correction
Lower to upper neutral	Bullish continuation	=	Bearish pullback
Nuetral to overbought	Overbought	=	Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.

Score

Let's take a look at the Support & Resistance of Aviat Networks Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 33.97 < 34.25 < 38.85.

The bearish price targets are: 32.55 > 32.02 > 28.75.

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Aviat Networks Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

Moving averages are lagging trend indicators.
There are many types of moving averages.
Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Aviat Networks Inc. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-14 +14).

MA 20 trending down: The MA 20 is trending down. -1
Close < MA 20: The price is below the MA 20. -1
MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
MA 50 trending up: The MA 50 is trending up. +1
Close < MA 50: The price is below the MA 50. -1
MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
MA 100 trending up: The MA 100 is trending up. +1
Close < MA 100: The price is below the MA 100. -1
MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
MA 200 trending up: The MA 200 is trending up. +1
Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving Average	Amount of candles	vs. MA 50	vs. MA 100	vs. MA 200
MA 20	20
MA 50	50	-
MA 100	100	-	-
MA 200	200	-	-	-

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

Simple moving average (SMA);
Exponential moving average (EMA);
Smoothed moving average (SMMA);
Linear weighted moving average (LWMA).

The moving average looks at a certain period of time and it calculates the price average. The various types of averages are using various formulas. Don’t worry, you don’t have to memorize any formula. All moving averages are calculated automatically by basically every charting software you use. But it’s good to know how moving averages are actually calculated.

Simple moving average

SMA is calculated by summing up the price closures of the selected period. The price is then divided by the selected period. For example, when using the 21 day moving average you sum up all the closing prices for each day and divide that by 21. The result is a line on the chart representing the average. Because it’s an average in the selected timeframe, the trend is always lagging. An moving average looks like this on the chart:

Source: Tradingview.com

In this case, the blue line represents a 21 day moving average. Because the average is based on results from the past, the indicator will always lag behind. For example, when price would suddenly go up, the moving average won't immediately follow.

All other moving averages discussed below look the same on the chart. The only difference is that the line will move in different directions based on the maths behind the used indicators and the amount of days used to determine the average.

Exponential moving average

The EMA gives more weight to the latest closing prices by giving them more value in the equation. EMA is calculated by adding a certain percentage to the latest closing prices:

EMA = (CLOSE (i) * P) + (EMA (i - 1) * (1 - P))

Where:

CLOSE (i) = current period close price.
EMA (i - 1) = value of the Moving Average of a preceding period.
P = the percentage of using the price value.

Smoothed moving average

A smoothed moving average is an exponential moving average with a long lookback period. Older prices are reduced in weight but are never left out in the calculation. Unlike SMA and EMA where prices are removed when they are beyond the selected period. SMMA is a combination of the SMA and EMA. The main advantage is that it smooths out fluctuations in price.

Linear weighted moving average

The LWMA gives the latest price the highest weight and then lineary scales down with each price before that. The result is that the LWMA reacts quicker to changes in price than the SMA or EMA. The formula:

LWMA = ((Pn∗W1)+(Pn−1∗W2)+(Pn−2∗W3)...) / ∑W

Where:

P = Price for the period.
n = The most recent period, n-1 is the prior period, and n-2 is two periods prior.
W = The assigned weight to each period, with the highest weight going first and then descending linearly based on the number of periods being used.

Moving averages are widely used by many traders. Which moving average you need depends on your trading strategy. Common practise is using a combination of multiple periods. For example, the EMA21, EMA50, EMA100 and EMA200. How does that look on a chart:

Source: Tradingview.com

The lowest (purple) line on the chart represents the EMA200 then following up the EMA100, EMA50 and EMA21.

You can use moving averages to determine a trend. The 200 moving average is mostly used as a baseline for determining the current trend:

When the 200 moving average is moving up it is considered a bullish trend.
When the 200 moving average is down it is considered a bearish trend.
When moving averages are flatlined, there is no clear trend so you should look for market structure, consolidation or trend reversals. Depending on how you want to trade.

This is not set in stone. Most trading strategies use multiple moving averages each with different settings. While one strategy might use the EMA20, the other uses the SMA21. There can be hundreds of different variations. Moving averages can also be used as support and resistance. More often than not, prices will bounce on moving averages.

Aviat Networks Inc Daily Moving Averages Chart

2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

MACD is a lagging momentum indicator.
Uses two moving averages.
Can show buy or sell signals based on momentum.
Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Aviat Networks Inc. The current macd is -0.73871711.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Aviat Networks Inc price going down in the near term. -2
MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Aviat Networks Inc. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Aviat Networks Inc price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1

Aviat Networks Inc Daily Moving Average Convergence/Divergence (MACD) Chart

2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.

Score

Let's take a look at the Directional Movement Index (DMI) of Aviat Networks Inc. The current adx is 29.36.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Aviat Networks Inc shares, leading to potential downward momentum in its price. -1
PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.

Aviat Networks Inc Daily Directional Movement Index (DMI) Chart

2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

Parabolic SAR (stop and reverse) is a lagging trend indicator.
Shows the current trend.
Shows potential entry signals.
Shows potential exit signals.
Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Aviat Networks Inc. The current sar is 34.32.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1

Aviat Networks Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

Leading momentum indicator, meaning the signals are instant.
Ranges between 0 and 100.
Above 70 is considered overbought.
Below 30 is considered oversold.
Above or below 50 can also be used to determine price trend or support and resistance.
RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Aviat Networks Inc. The current rsi is 37.80. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
Trending up: The RSI is trending up. +1

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

The RSI measures the magnitude of recent price changes to determine if the asset is overbought or oversold.

Overbought (RSI above 70) means that the trading price is above its intrinsic value. This might indicate a sell or short signal.
Oversold (RSI below 30) means that the trading price is below its intrinsic value. This might indicate a buy or long signal.
RSI levels above or below 50 can also be used to determine a trend.
RSI divergence looks at a deviation between RSI and price movement.
Can be used in many different ways.

Original usage

Keep in mind that almost every indicator can be used in different ways. Even beyond the orginal settings. The relative strength index was developed by J. Welles Wilder. Wilder recommended a smoothing period of 14 days. That means a 14 day moving average (read more about this setting below). Another quote from the wikipedia page:

Wilders also considers the RSI 50 line as both support and resistance. I recommend to always read the original settings first before using an indicator. Many traders and websites are using their own version of the indicator which might be confusing.

How you can use RSI (Divergence)

First and foremost, there is no real right or wrong usage of the RSI indicator. You can use it in any way you want. Wilder recommends using a 14 day average but you can make it 50 or 100 if you like. Just keep in mind that using an indicator is just part of a larger trading plan. In other words, it’s not recommended to do any trading or investing based on a single indicator like the RSI.

The RSI is measured on a scale between 0 and 100. From 30 till 0 is considered oversold. and from 70 -100 is overbought. The RSI is a leading indicator, meaning the signals are instant.

I like to use the RSI as a trend\momentum indicator and not as an overbought or oversold indicator. I use the middle (50) as the baseline. When prices go above RSI 50 the trend is bullish and can indicate long positions. When below 50 it is considered bearish and can indicate short positions. Other traders use the 70 and 30 levels as overbought/oversold depending on the used strategy. The RSI indicator looks like this:

Source: Tradingview.com

The general concensus is that an RSI above 70 indicates that the security is overbought. In other words, the price this security is trading for is to high and should come down. So if RSI hits 70 or above this might indicate a sell signal or taking a short position (expecting the price will go down). Although RSI above 70 indicates the security is trading above it's fair value, that does not mean the price will go down.

Use tradingview to add indicators

I highly recommend using tradingview to add indicators to a chart. It has all the indicators you can think off and can add them for free (up to three indicators) to any chart you want. You can see that the levels 30 and 70 are marked with a dotted line. If you want you can remove these lines or give it another colour using Tradingview. You can also adjust the moving average used. You can also find RSI indicators made by the community that include other settings like RSI divergences.

Tradingview

Use Tradingview to (back)test your strategies and add hundreds of indicators created by the community.

View tool on Tradingview.com

RSI divergence

RSI is not only used to determine momentum but can also spot reversals or continuations of the trend. A reversal means that the trend is going in the opposite direction. From bullish to bearish or from bearish to bullish. These reversals can be spotted by looking at the price and the direction of the RSI. When the price is going up but the RSI is going down that means there is a divergence. This is also the case when RSI goes up but price is going down.

There are four types of divergences:

Regular bullish divergence
Regular bearish divergence
Hidden bullish divergence
Hidden bearish divergence

Regular bullish divergence

With a regular bullish divergence, the price is making lower highs but the oscillator (in this case the RSI) is making higher lows. A regular bullish divergence might indicate the end of the current trend. You’ll see regular bullish divergences mostly at the end of a downtrend. But that does not mean that every regular bullish divergence is a trend reversal.

Price is making lower highs
RSI is making higher lows
Indicating bullish reversal (price might go up)

Source: Tradingview.com

Regular bearish divergence

With a regular bearish divergence the price is making higher highs but the oscillator (in this case the RSI) is making lower highs. This might indicate the end of an uptrend.

Price is making higher highs
RSI is making lower highs
Indicating bearish reversal

Source: Tradingview.com

Hidden bullish divergence

With a hidden bullish divergence, the price is making a higher low while the RSI is making a lower low. This might indicate bullish trend continuation.

Price is making higher lows
RSI is making lower lows
Indicating bullish continuation

Source: Tradingview.com

As you have noticed, you can have multiple divergences in a row.

Hidden bearish divergence

With a hidden bearish divergence, price is making lower highs but RSI is making higher highs. This might indicate bearish trend continuation.

Price is making lower highs
RSI making higher highs
Indicating bearish continuation

Source: Tradingview.com

You can find many cheatsheets of RSI divergences online. Search for "RSI divergence overview" and you'll find a lot of examples. You can print these to learn the various types of divergences.

Aviat Networks Inc Daily Relative Strength Index (RSI) Chart

3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

Leading momentum indicator, meaning the signals are instant.
Used to determine overbought and oversold areas much like the RSI.
Ranges between 0 and 100.
Above 80 is considered overbought.
Below 20 is considered oversold.
Consists of two lines named K and D.
K compares the highest high and lowest low on the selected price range.
The D line is a moving average of the K line.
Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Aviat Networks Inc. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
STOCH < 20: The STOCH %K is below 20 and oversold. -2
STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Aviat Networks Inc price going up in the near term. +2
Trending up: The STOCH %K is trending up. +1

Aviat Networks Inc Daily Stochastic Oscillator Chart

3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

Lagging or leading Momentum indicator
When the CCI is above zero, the price is above the historical average
When the CCI is below zero, the price is below the historical average
Used for spotting trends
- If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
- If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Aviat Networks Inc. The current cci is -78.93894397.

Aviat Networks Inc Daily Commodity Channel Index (CCI) Chart

3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

Lagging momentum indicator
Ranges between +100 and -100
Considered overbought above +50
Considered oversold below -50
It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Aviat Networks Inc. The current cmo is -32.2665516.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1

Aviat Networks Inc Daily Chande Momentum Oscillator (CMO) Chart

3.5 Williams %R

Shows the current price relative to the highest high over the last 14 days.

Lagging momentum indicator
Ranging between 0 and -100
Above -20 is considered overbought
Below -80 is considered oversold
Is prone to give false signals

Score

Let's take a look at the Williams %R of Aviat Networks Inc. The current willr is -81.18609407.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1

Aviat Networks Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

Lagging volatility indicator
Uses 3 bands: one upper, one lower and one in the middle
Works best when the middle band reflects an intermediate trend (MA20).
When the price is moving closer to the upper band, the market might be overbought
When the price is moving closer to the lower band, the market might be oversold

Score

Let's take a look at the Bollinger Bands of Aviat Networks Inc.

Aviat Networks Inc Daily Bollinger Bands Chart

4.2 Average True Range (ATR)

Measures market volatility

Leading volatility indicator
Can be used to determine stop-loss positions
Calculated by:
- Current high minus the current low
- Current high minus the previous close
- Current low minus the previous close
The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Aviat Networks Inc. The current atr is 0.96145451.

Aviat Networks Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

Measures market volatility

Leading momentum indicator
Calculation:
- If the closing price is above the previous closing price: OBV = previous OBV + current volume
- If the closing price is below the previous closing price: OBV = previous OBV - current volume
- If the closing price is the same as the previous closing price than the OBV is the same.
Can be used to confirm price trends
Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Aviat Networks Inc. The current obv is -11,425.

Aviat Networks Inc Daily On-Balance Volume (OBV) Chart

5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

Lagging momentum indicator
Looks like RSI but uses volume as an extra metric (RSI only considers price)
Above 80 is considered overbought
Below 20 is considered oversold
Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Aviat Networks Inc. The current mfi is 27.79.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

MFI < 50: -1

Aviat Networks Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for Aviat Networks Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

Date	Indicator	Signal
2023-12-01	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-04	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2023-12-05	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-07	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-08	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2023-12-11	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2023-12-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2023-12-13	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2023-12-14	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-15	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2023-12-20	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2023-12-22	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-28	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-02	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2024-01-03	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-05	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	MFI	SHORT ENTRY	LONG CLOSE	20 crossover to downside
2024-01-08	MFI	LONG ENTRY	SHORT CLOSE	20 crossover to upside
2024-01-09	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-17	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-01-18	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-01-19	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-01-22	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-24	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-26	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-29	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-01-30	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-01-31	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-02	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-02-05	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-07	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-02-08	STOCH	LONG EXIT		The %K line crosses below the %D line.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-12	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-02-13	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-14	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-02-20	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-26	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-27	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-28	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-29	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-01	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-04	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2024-03-06	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-07	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-08	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-03-11	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-12	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-14	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-15	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-18	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-19	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-21	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-25	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-26	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-27	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2024-03-28	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-03	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2024-04-04	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-04-05	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2024-04-08	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-04-10	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-04-11	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-12	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-15	STOCH	LONG EXIT		The %K line crosses below the %D line.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-17	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-18	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-19	STOCH	SHORT EXIT		The %K line crosses above the %D line.

6.3. Candlestick Patterns

Aviat Networks Inc Daily Candlestick Chart

Date	Candlestick Pattern

6.4. Technical Score

Let's check the technical score of Aviat Networks Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	37.797
Ma 20	Greater than	Ma 50	35.009
Ma 50	Greater than	Ma 100	35.149
Ma 100	Greater than	Ma 200	33.367
Open	Greater than	Close	32.990
Total			2/5 (40.0%)

Create your own Symbol Scanner

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Quick analysis of Aviat Networks Inc (30 sec.)

What can you expect buying and holding a share of Aviat Networks Inc? (30 sec.)

How much money do you get?

What is your share worth?

+ What do you gain per year?

For what price can you sell your share?

1. Valuation of Aviat Networks Inc (5 min.)

$33.18

$20.24

$-34.77 - $-9.85

$-14.53 - $10.39

2. Growth of Aviat Networks Inc (5 min.)

Is Aviat Networks Inc growing?

How much money is Aviat Networks Inc making?

How much money comes from the company's main activities?

3. Financial Health of Aviat Networks Inc (5 min.)

4. Comparing to competitors in the Communication Equipment industry (5 min.)

Industry Rankings (Communication Equipment)

What can you expect buying and holding a share of Aviat Networks Inc? (5 min.)

What can you expect buying and holding a share of Aviat Networks Inc?

Speculation

Investing

How much money are you going to get?

When do you get the money?

How sure are you?

Linear %

Fundamentals of Aviat Networks Inc

About Aviat Networks Inc

Financial Health

Valuation

1.1. Profitability of Aviat Networks Inc.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

Compared to industry (Communication Equipment)

1.1.2. Return on Assets

Trends

Compared to industry (Communication Equipment)

1.1.3. Return on Equity

Trends

Compared to industry (Communication Equipment)

1.2. Operating Efficiency of Aviat Networks Inc.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

Compared to industry (Communication Equipment)

1.2.2. Operating Ratio

Trends

Compared to industry (Communication Equipment)

1.3. Liquidity of Aviat Networks Inc.

1.3. Liquidity

1.3.1. Current Ratio

Trends

Compared to industry (Communication Equipment)

1.3.2. Quick Ratio

Trends

Compared to industry (Communication Equipment)

1.4. Solvency of Aviat Networks Inc.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

Compared to industry (Communication Equipment)

1.4.2. Debt to Equity Ratio

Trends

Compared to industry (Communication Equipment)

2. Market Valuation of Aviat Networks Inc

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

Compared to industry (Communication Equipment)

Aviat Networks Inc
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