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performance A VERTICAL ANALYSIS AND EXPLAIN THE MOST SIGNIFICANT CHANGES Consilidated Statements of Operations 24-Sep-22 25-Sep-21 26-Sep-20 Net sales: Product $ 316,199.00 $ 297,392.00 $

performance A VERTICAL ANALYSIS AND EXPLAIN THE MOST SIGNIFICANT CHANGES

Consilidated Statements of Operations
24-Sep-22 25-Sep-21 26-Sep-20
Net sales:
Product $ 316,199.00 $ 297,392.00 $ 220,747.00
Service $ 78,129.00 $ 68,425.00 $ 53,768.00
Total net sales $ 394,328.00 $ 365,817.00 $ 274,515.00
Cost of sales
Products $ 201,471.00 $ 192,266.00 $ 151,286.00
Service $ 22,075.00 $ 20,715.00 $ 18,273.00
Total cost of sales $ 223,546.00 $ 212,981.00 $ 169,559.00
Gross margin $ 170,782.00 $ 152,836.00 $ 104,956.00
Operating expenses
Reserch and development $ 26,251.00 $ 21,914.00 $ 18,752.00
Selling, general and administrative $ 25,094.00 $ 21,973.00 $ 19,916.00
Total operating expenses $ 51,345.00 $ 43,887.00 $ 38,668.00
Operating income $ 119,437.00 $ 108,949.00 $ 66,288.00
Other income/(expenses), net $ (334.00) $ 258.00 $ 803.00
Income before provision for income taxes $ 119,103.00 $ 109,207.00 $ 67,091.00
Provision for income taxes $ 19,300.00 $ 14,257.00 $ 9,680.00
Net income $ 99,803.00 $ 94,680.00 $ 57,411.00
Earning per share
Basic $ 6.15 $ 5.67 $ 3.31
Diluted $ 6.11 $ 5.61 $ 3.28
Shares used in coputing earning per share
Basic $ 16,215,963.00 $ 16,701,272.00 $ 17,352,119.00
Diluted $ 16,325,819.00 $ 16,864,919.00 $ 17,528,214.00
CONSOLIDATED BALANCE SHEETS
Assets:
24-Sep-22 25-Sep-21 26-Sep-20
Current assets
Cash and cash equivalents $ 23,646.00 $ 34,940.00 $ 38,016.00
Marketable securities $ 24,658.00 $ 27,699.00 $ 52,927.00
Accounts recivables, net $ 28,184.00 $ 26,278.00 $ 16,120.00
Inventories $ 4,946.00 $ 6,580.00 $ 4,061.00
Vendor non-trade recivables $ 32,748.00 $ 25,228.00 $ 21,325.00
Other current assests $ 21,223.00 $ 14,111.00 $ 11,264.00
Total assets $ 135,405.00 $ 134,836.00 $ 143,713.00
Non-current assets:
Marketable secrities $ 120,805.00 $ 127,877.00 $ 100,887.00
Property, plant and equipment, net $ 42,117.00 $ 39,440.00 $ 36,766.00
Other non-current assets $ 54,428.00 $ 48,849.00 $ 42,522.00
Total non_current assets $ 217,350.00 $ 216,166.00 $ 180,175.00
Total assets $ 352,755.00 $ 351,002.00 $ 323,888.00
liabilities ans shareholder's equity
Current Liabilities
Account payable $ 64,115.00 $ 54,763.00 $ 42,296.00
Other current liabilities $ 60,845.00 $ 47,493.00 $ 42,684.00
Deferred revenue $ 7,912.00 $ 7,612.00 $ 6,643.00
cimmercial paper $ 9,982.00 $ 6,000.00 $ 4,996.00
term debt $ 11,128.00 $ 9,613.00 $ 8,773.00
Total current liabilities $ 153,982.00 $ 125,481.00 $ 105,392.00
Non-current liabilities
Term debt $ 98,959.00 $ 109,106.00 $ 98,667.00
Other non-current liabilities $ 49,142.00 $ 53,325.00 $ 54,490.00
Total non-current liabilities $ 148,101.00 $ 162,431.00 $ 153,157.00
Total liabilities $ 302,083.00 $ 287,912.00 $ 258,549.00
Commitment and contingencies
Shareholdes' equity:
Common stock and additional paid-in capital, $0.00001 par value: 50,400,000 shares authorized; 15,943,425 and 16,426,786 shares issued and outstanding, respectively $ 64,849.00 $ 57,365.00 $ 50,779.00
Retained earnings/(Accumulated deficit) $ (3,068.00) $ 5,562.00 $ 14,966.00
Accumulated other comprehensive income/(loss) $ (11,109.00) $ 163.00 $ (406.00)
Total shareholders' equity $ 50,672.00 $ 63,090.00 $ 65,339.00
Total liabilities and shareholders' equity $ 352,755.00 $ 351,002.00 $ 323,888.00
Dividends and dividend equivalents declared per share or RSU

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