| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $611M | $681M | $677M | -10.3% | -9.8% |
| Op. Income | $52M | $98M | $62M | -46.8% | -16.0% |
| Gross Margin | 53.4% | 53.7% | 53.5% | -0.3pp | -0.1pp |
| Net Margin | 62.9% | 51.3% | 10.2% | 11.5pp | 52.7pp |
| EPS (Diluted) | $13.45 | $12.14 | $2.32 | 10.8% | 479.7% |
| Free Cash Flow | $30M | $39M | $62M | -23.7% | -52.5% |
| Item | Amount |
|---|---|
| REVENUE | $611M |
| Cost of Revenue | $284M |
| GROSS PROFIT | $326M |
| R&D Expenses | $64M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $210M |
| Other Expenses | $0 |
| Operating Expenses | $274M |
| Cost & Expenses | $559M |
| OPERATING INCOME | $52M |
| Interest Income | $34M |
| Interest Expense | $12M |
| Other Income/Expenses | $439M |
| INCOME BEFORE TAX | $491M |
| Income Tax Expense | $107M |
| Net Income from Continuing Ops | $384M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $384M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $384M |
| D&A | $48M |
| EBIT | $503M |
| EBITDA | $551M |
| EPS | $13 |
| EPS Diluted | $13 |
| Item | Amount |
|---|---|
| REVENUE | $611M |
| Cost of Revenue | $284M |
| GROSS PROFIT | $326M |
| R&D Expenses | $64M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $210M |
| Other Expenses | $0 |
| Operating Expenses | $274M |
| Cost & Expenses | $559M |
| OPERATING INCOME | $52M |
| Interest Income | $34M |
| Interest Expense | $12M |
| Other Income/Expenses | $439M |
| INCOME BEFORE TAX | $491M |
| Income Tax Expense | $107M |
| Net Income from Continuing Ops | $384M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $384M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $384M |
| D&A | $48M |
| EBIT | $503M |
| EBITDA | $551M |
| EPS | $13 |
| EPS Diluted | $13 |
| Item | Amount |
|---|---|
| Net Income | $384M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$421M |
| Change in Working Capital | $54M |
| OPERATING CASH FLOW | $70M |
| Capital Expenditure | -$40M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$406M |
| Sales/Maturities of Investments | $404M |
| Other Investing Activities | $26.0K |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | -$118.0K |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $21.0K |
| FREE CASH FLOW | $30M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $433M |
| Short-Term Investments | $1.2B |
| Net Receivables | $445M |
| Inventory | $783M |
| Other Current Assets | $44M |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $711M |
| Goodwill | $413M |
| Intangible Assets | $314M |
| Long-Term Investments | $8.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $93M |
| TOTAL NON-CURRENT ASSETS | $9.5B |
| TOTAL ASSETS | $12.6B |
| Account Payables | $103M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $142M |
| TOTAL CURRENT LIABILITIES | $466M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.5B |
| Other Non-Current Liabilities | $192M |
| TOTAL NON-CURRENT LIABILITIES | $3.1B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $463M |
| Retained Earnings | $9.6B |
| Treasury Stock | -$630M |
| Accum. Other Comp. Income | -$426M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.1B |
| TOTAL LIABILITIES & EQUITY | $12.6B |
| Total Debt | $1.4B |
| Net Debt | $966M |
