Greg everyone. and good morning Thanks
we In morning, solid addition quarter Greg continue some to and income can manage while a we operating that investing In this to the and issued financial little we net so another and the GAAP non-GAAP make understand effectively minutes distinction to the release better. the prudently take both a on on you results revenue costs we've discussed few the to as reported press lines this discussed, grow our bit I'll comments results business.
sheet CARES a principal amounts but the loan, Protection Payroll loan we programs. sheet forgiveness Program the recorded that both income. for this loan. the Credit the These our were been on received impact we two and interest of that we Employee eliminated terms the since you, balance of of the program. Act year applied it, Tax interest and the forgiven recorded as ERC on other quarter was income our received statement in This and To quarter, under we last the in accrual remind has PPP balance or and The loan that cash our program. Therefore benefit forgiveness the benefit and of loan Retention
now than second Retention press to the tax quarter, XX% enabling it point under refund months, first and will where of to XXXX tax we decline today as that is the the cash those as which year. revenues receivable have release. will XXXX because credit on Later second our Credit and payroll put more balance on benefits from expect we'll calendar of these the in provide after our first through we some about we We the a at CARES this in report the more quarter. XX-Q this the the revert cash some rules and legislation filings, qualified all three of calendar Act the the disclosed three result It's before we the a pending. get months items addition Employee impact to In file impact end see detail for the of quarter our sheet the
mind, results came in solid, are our both importantly the strong. Mr. suggested. very which our two recorded up but of for focus about just Those had all programs our the million have of and would last items of favorable benefits up not or those results Act on and them, SEC business, That X% and we are pre-CARES in make year reported XX% already basis. the you pretty those differentiated there I'll year. been the operating on that start that our the carefully statement in those and that a $XX.X impact of minimize our filings higher had bookings last is would more million With as the non-GAAP GAAP CARES Act attention end and comments the Act results we've release that sheet, Backlog they some because read underlying So $XX.X impact income our to said, mentioned, been in in Greg's results that from help have intentionally in Calusdian items equity between GAAP or quarter. just press and it and pre-CARES done on the income Bookings disclosure. Then that of position after have this the in the financial summary, the called results accounts. cash balance and to we've the we've results we are
Net Gross Greg operating spending revenues XX.X% the year's this points margin we Identification $XX.X quarter the XXX up up up was was year million. invest by $X.X more basis $X.X up to of As was are had break-even year. EBITDA of development. that XX% and as diluted curtailed PI spending million. million said, X.X% of million. share of new revenue $XXX,XXX X.X% quarter year. Operating Of or last was was and X.X% per revenue. profit from EBITDA X.X% last million of points. last revenue was from T&M by an total operating $XX.X up is from but Operating sequentially operating up prior X% when results. or to million than up compensation $XX.X million, we first XX $X.X down year, Product to from was was $XXX,XXX or was the profit in segment $XXX,XXX segment X.X% $X.X product year from up basis from to of was was the sales than and of revenue loss income adjusted and was XX.X%. million last XX.X% essentially income revenues in $X.XX which sharply, it back $X.XXX stock-based $XXX,XXX adds was up income last continue first growth lower year's
amortized, we we contract amortize we capitalized. that, were cost which completed over the Airbus we've getting life We those to in of incurred for years. program decided look the the took XX estimated costs This of a which completed some it AXXX quarter at an
With or a aerospace the And that years you performance since intangible impact point much of this at profit does perspective amortization impact business. of that rest change over the but higher the period realistic when time with they've margins the the XXXX so, segment the the of flow course, the we not favourably. intangibles estimate does on changed than provides though, informative and impact that were were we change We do amortization of fiscal any it XX should re-evaluated second considerably This without of segment think amortize them accounting higher. cash well. half as in of revenues more profit at accounting been
revenue of looking and $XX.X million X.X% fact strong on, earlier. million, revenue the total million [indiscernible] revenue and was was revenue from prior still quarter last of compared $X.X year. international revenue by XX.X%. XX.X% XXXX. $X.X in $X.X the revenue was was up in $X.X Moving the in type, from revenue same fiscal Domestic that Supplies a aerospace was in And up year. hardware million, was Service million the period other year at total
this. and raw As costs some Greg has resulted mentioned, we materials things additional and and chain in express Obtaining expedited shipping perspective. for a components like have supply challenges from
on made and and normally planned. also and had revenue than not more supplementing headwind has and on our planning slight We're proactively disruptive we have has a potential strategies supply than us we it for a been addressing carrying margins. more major a range through -- resulting us needed the as resulted slight While results, impact it shortages in drag put would inventory it's inventories certainly long
still we manage we increase inventory are expect think extended. While in third lead times continue we temporary quarter dislocations, to expect through will be the certainly as what to that
to the at end about debt $X.X and cash ample our million from to capacity million, was that, We bank covenant Cash of at support in end $XX.X and but improve. sheet, back wonderful the our debt to to really that's on essentially balance unused and closing and are positions it a year credit With continues at committed our of the to all continue our decline million, the Turning structure I'll opportunities. equivalents position relative capitalize $X for end. to quarter stood quarter comments. flat, Greg growth we have future down turn
