| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.7B | $1.7B | 0.7% | -0.3% |
| Op. Income | $125M | $176M | $210M | -29.1% | -40.7% |
| Gross Margin | 32.9% | 34.1% | 33.6% | -1.2pp | -0.7pp |
| Net Margin | 3.4% | 5.5% | 6.3% | -2.1pp | -2.9pp |
| EPS (Diluted) | $0.08 | $0.14 | $0.16 | -39.6% | -47.1% |
| Free Cash Flow | $204M | $235M | $193M | -13.3% | 5.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $564M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $440M |
| Other Expenses | $0 |
| Operating Expenses | $440M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $125M |
| Interest Income | $0 |
| Interest Expense | $49M |
| Other Income/Expenses | -$50M |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $102M |
| EBIT | $123M |
| EBITDA | $226M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $564M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $440M |
| Other Expenses | $0 |
| Operating Expenses | $440M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $125M |
| Interest Income | $0 |
| Interest Expense | $49M |
| Other Income/Expenses | -$50M |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $102M |
| EBIT | $123M |
| EBITDA | $226M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $58M |
| Depreciation & Amortization | $102M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$23M |
| Other Non-Cash Items | $32M |
| Change in Working Capital | $63M |
| OPERATING CASH FLOW | $245M |
| Capital Expenditure | -$41M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $300.0K |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | -$214M |
| Common Stock Repurchased | -$800.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $17M |
| NET CASH FROM FINANCING | -$199M |
| FREE CASH FLOW | $204M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $285M |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $780M |
| Other Current Assets | $352M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $723M |
| Goodwill | $5.7B |
| Intangible Assets | $3.5B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $420M |
| TOTAL NON-CURRENT ASSETS | $10.3B |
| TOTAL ASSETS | $12.8B |
| Account Payables | $674M |
| Short-Term Debt | $230M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $687M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $4.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $547M |
| Other Non-Current Liabilities | $419M |
| TOTAL NON-CURRENT LIABILITIES | $5.7B |
| TOTAL LIABILITIES | $7.3B |
| Common Stock | $3.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$74M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.6B |
| TOTAL LIABILITIES & EQUITY | $12.8B |
| Total Debt | $4.9B |
| Net Debt | $4.6B |
