| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $910M | $915M | $896M | -0.6% | 1.6% |
| Op. Income | $126M | $112M | $117M | 12.4% | 8.1% |
| Gross Margin | 37.6% | 36.3% | 36.0% | 1.3pp | 1.7pp |
| Net Margin | 9.9% | 9.1% | 9.3% | 0.9pp | 0.7pp |
| EPS (Diluted) | $1.34 | $1.23 | $1.24 | 8.9% | 8.1% |
| Free Cash Flow | $75M | $17M | $6M | 352.1% | 1143.8% |
| Item | Amount |
|---|---|
| REVENUE | $910M |
| Cost of Revenue | $567M |
| GROSS PROFIT | $343M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $149M |
| Other Expenses | $67M |
| Operating Expenses | $217M |
| Cost & Expenses | $784M |
| OPERATING INCOME | $126M |
| Interest Income | $3M |
| Interest Expense | $10M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $118M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $90M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $90M |
| D&A | $65M |
| EBIT | $128M |
| EBITDA | $193M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $910M |
| Cost of Revenue | $567M |
| GROSS PROFIT | $343M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $149M |
| Other Expenses | $67M |
| Operating Expenses | $217M |
| Cost & Expenses | $784M |
| OPERATING INCOME | $126M |
| Interest Income | $3M |
| Interest Expense | $10M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $118M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $90M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $90M |
| D&A | $65M |
| EBIT | $128M |
| EBITDA | $193M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $90M |
| Depreciation & Amortization | $65M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$181.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | $144M |
| Capital Expenditure | -$68M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $967.0K |
| NET CASH FROM INVESTING | -$68M |
| Net Debt Issuance | -$26M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$27M |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$53M |
| FREE CASH FLOW | $75M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $221M |
| Short-Term Investments | $2M |
| Net Receivables | $738M |
| Inventory | $485M |
| Other Current Assets | $147M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $1.5B |
| Goodwill | $950M |
| Intangible Assets | $258M |
| Long-Term Investments | $49M |
| Tax Assets | $0 |
| Other Non-Current Assets | $78M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $680M |
| Short-Term Debt | $406M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $82M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $682M |
| Deferred Revenue NC | $42M |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $93M |
| TOTAL NON-CURRENT LIABILITIES | $875M |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $721.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $2.2B |
| Treasury Stock | -$548M |
| Accum. Other Comp. Income | -$369M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $14M |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $1.1B |
| Net Debt | $909M |
