| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.6B | $6.5B | $6.4B | 0.6% | 2.9% |
| Op. Income | $284M | $314M | $285M | -9.6% | -0.4% |
| Gross Margin | 12.5% | 12.5% | 12.2% | 0.0pp | 0.2pp |
| Net Margin | 2.4% | 2.9% | 3.9% | -0.5pp | -1.5pp |
| EPS (Diluted) | $1.68 | $2.03 | $2.51 | -17.2% | -33.1% |
| Free Cash Flow | $178M | -$8M | -$215M | 2291.3% | 182.6% |
| Item | Amount |
|---|---|
| REVENUE | $6.6B |
| Cost of Revenue | $5.7B |
| GROSS PROFIT | $818M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $506M |
| Other Expenses | $28M |
| Operating Expenses | $534M |
| Cost & Expenses | $6.3B |
| OPERATING INCOME | $284M |
| Interest Income | $0 |
| Interest Expense | $75M |
| Other Income/Expenses | -$93M |
| INCOME BEFORE TAX | $190M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $155M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $155M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $155M |
| D&A | $38M |
| EBIT | $265M |
| EBITDA | $303M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $6.6B |
| Cost of Revenue | $5.7B |
| GROSS PROFIT | $818M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $506M |
| Other Expenses | $28M |
| Operating Expenses | $534M |
| Cost & Expenses | $6.3B |
| OPERATING INCOME | $284M |
| Interest Income | $0 |
| Interest Expense | $75M |
| Other Income/Expenses | -$93M |
| INCOME BEFORE TAX | $190M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $155M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $155M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $155M |
| D&A | $38M |
| EBIT | $265M |
| EBITDA | $303M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $155M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$26M |
| Other Non-Cash Items | $44M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $235M |
| Capital Expenditure | -$57M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$551.0K |
| NET CASH FROM INVESTING | -$57M |
| Net Debt Issuance | -$45M |
| Common Stock Repurchased | -$448.0K |
| Common Dividends Paid | -$27M |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$68M |
| FREE CASH FLOW | $178M |
| Net Change in Cash | $102M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $288M |
| Short-Term Investments | $0 |
| Net Receivables | $4.8B |
| Inventory | $5.5B |
| Other Current Assets | $234M |
| TOTAL CURRENT ASSETS | $10.8B |
| PP&E (Net) | $663M |
| Goodwill | $781M |
| Intangible Assets | $0 |
| Long-Term Investments | -$242M |
| Tax Assets | $242M |
| Other Non-Current Assets | $282M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $12.5B |
| Account Payables | $3.4B |
| Short-Term Debt | $122M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $354M |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $3.2B |
| Deferred Revenue NC | -$55M |
| Deferred Tax Liabilities | $55M |
| Other Non-Current Liabilities | $107M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $7.7B |
| Common Stock | $92M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $3.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$409M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $12.5B |
| Total Debt | $3.5B |
| Net Debt | $3.3B |
