| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $551M | $627M | — | -12.1% | — |
| Op. Income | $44M | $95M | — | -53.9% | — |
| Gross Margin | 37.4% | 38.5% | — | -1.0pp | — |
| Net Margin | 7.0% | 11.5% | — | -4.6pp | — |
| EPS (Diluted) | $0.91 | $1.70 | — | -46.5% | — |
| Free Cash Flow | $105M | $76M | — | 37.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $551M |
| Cost of Revenue | $345M |
| GROSS PROFIT | $206M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $126M |
| Other Expenses | $10M |
| Operating Expenses | $162M |
| Cost & Expenses | $507M |
| OPERATING INCOME | $44M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $25M |
| EBIT | $44M |
| EBITDA | $70M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $551M |
| Cost of Revenue | $345M |
| GROSS PROFIT | $206M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $126M |
| Other Expenses | $10M |
| Operating Expenses | $162M |
| Cost & Expenses | $507M |
| OPERATING INCOME | $44M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $25M |
| EBIT | $44M |
| EBITDA | $70M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $43.0K |
| Change in Working Capital | $102M |
| OPERATING CASH FLOW | $160M |
| Capital Expenditure | -$55M |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$55M |
| Net Debt Issuance | -$169.0K |
| Common Stock Repurchased | -$42M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$135.0K |
| NET CASH FROM FINANCING | -$45M |
| FREE CASH FLOW | $105M |
| Net Change in Cash | $66M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $597M |
| Short-Term Investments | $0 |
| Net Receivables | $414M |
| Inventory | $367M |
| Other Current Assets | $79M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $541M |
| Goodwill | $907M |
| Intangible Assets | $269M |
| Long-Term Investments | $0 |
| Tax Assets | $16M |
| Other Non-Current Assets | $50M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $343M |
| Short-Term Debt | $0 |
| Deferred Revenue | $24M |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $634M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $49M |
| Other Non-Current Liabilities | $112M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $503.0K |
| Additional Paid-In Capital | $819M |
| Retained Earnings | $986M |
| Treasury Stock | -$597M |
| Accum. Other Comp. Income | -$41M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $45.0K |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $1.3B |
| Net Debt | $701M |
