| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.7B | $1.4B | -19.4% | -0.9% |
| Op. Income | $69M | $155M | $102M | -55.2% | -32.3% |
| Gross Margin | 34.0% | 32.2% | 31.3% | 1.7pp | 2.7pp |
| Net Margin | 3.4% | 8.0% | 5.6% | -4.6pp | -2.2pp |
| EPS (Diluted) | $0.68 | $1.83 | $1.01 | -62.8% | -32.7% |
| Free Cash Flow | $106M | $76M | $167M | 39.6% | -36.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $893M |
| GROSS PROFIT | $459M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $390M |
| Other Expenses | $0 |
| Operating Expenses | $390M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $69M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $30M |
| EBIT | $72M |
| EBITDA | $102M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $893M |
| GROSS PROFIT | $459M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $390M |
| Other Expenses | $0 |
| Operating Expenses | $390M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $69M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $30M |
| EBIT | $72M |
| EBITDA | $102M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$903.0K |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $61M |
| OPERATING CASH FLOW | $157M |
| Capital Expenditure | -$51M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$51M |
| Net Debt Issuance | -$750.0K |
| Common Stock Repurchased | -$99M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$110M |
| FREE CASH FLOW | $106M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $285M |
| Short-Term Investments | $0 |
| Net Receivables | $17M |
| Inventory | $1.6B |
| Other Current Assets | $60M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $1.8B |
| Goodwill | $862M |
| Intangible Assets | $579M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $56M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $850M |
| Short-Term Debt | $3M |
| Deferred Revenue | $89M |
| Other Current Liabilities | $35M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $482M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $256M |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $662.0K |
| Additional Paid-In Capital | $244M |
| Retained Earnings | $1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $1.8B |
| Net Debt | $1.5B |
