| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.6B | $1.5B | 0.1% | 6.5% |
| Op. Income | $133M | $121M | $128M | 9.7% | 4.2% |
| Gross Margin | 20.5% | 20.3% | 20.3% | 0.2pp | 0.2pp |
| Net Margin | 6.3% | 5.9% | 6.3% | 0.4pp | 0.1pp |
| EPS (Diluted) | $2.61 | $2.44 | $2.43 | 7.0% | 7.4% |
| Free Cash Flow | -$7M | $50M | $18M | -113.7% | -138.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $338M |
| R&D Expenses | $0 |
| Selling & Marketing | $144M |
| General & Administrative | $25M |
| SG&A Expenses | $169M |
| Other Expenses | $36M |
| Operating Expenses | $205M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $133M |
| Interest Income | $11M |
| Interest Expense | $6M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $137M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $104M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $104M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $104M |
| D&A | $37M |
| EBIT | $143M |
| EBITDA | $180M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $338M |
| R&D Expenses | $0 |
| Selling & Marketing | $144M |
| General & Administrative | $25M |
| SG&A Expenses | $169M |
| Other Expenses | $36M |
| Operating Expenses | $205M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $133M |
| Interest Income | $11M |
| Interest Expense | $6M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $137M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $104M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $104M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $104M |
| D&A | $37M |
| EBIT | $143M |
| EBITDA | $180M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $104M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $930.0K |
| Change in Working Capital | -$123M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $559.0K |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$27M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$50M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $890M |
| Short-Term Investments | $0 |
| Net Receivables | $494M |
| Inventory | $815M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $1.0B |
| Goodwill | $170M |
| Intangible Assets | $186M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $460M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $69M |
| TOTAL CURRENT LIABILITIES | $685M |
| Long-Term Debt | $446M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $87M |
| Other Non-Current Liabilities | $57M |
| TOTAL NON-CURRENT LIABILITIES | $673M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $451.0K |
| Additional Paid-In Capital | $554M |
| Retained Earnings | $1.9B |
| Treasury Stock | -$172M |
| Accum. Other Comp. Income | -$509.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $529M |
| Net Debt | -$362M |
