| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $681M | $632M | $730M | 7.8% | -6.7% |
| Op. Income | $98M | $91M | $119M | 7.5% | -17.6% |
| Gross Margin | 53.7% | 53.1% | 54.4% | 0.6pp | -0.7pp |
| Net Margin | 51.3% | 16.8% | 114.1% | 34.5pp | -62.8pp |
| EPS (Diluted) | $12.14 | $3.64 | $27.78 | 233.5% | -56.3% |
| Free Cash Flow | $39M | $54M | $43M | -27.7% | -10.8% |
| Item | Amount |
|---|---|
| REVENUE | $681M |
| Cost of Revenue | $315M |
| GROSS PROFIT | $366M |
| R&D Expenses | $62M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $206M |
| Other Expenses | $0 |
| Operating Expenses | $268M |
| Cost & Expenses | $583M |
| OPERATING INCOME | $98M |
| Interest Income | $17M |
| Interest Expense | $12M |
| Other Income/Expenses | $331M |
| INCOME BEFORE TAX | $428M |
| Income Tax Expense | $79M |
| Net Income from Continuing Ops | $350M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $350M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $350M |
| D&A | $53M |
| EBIT | $441M |
| EBITDA | $494M |
| EPS | $12 |
| EPS Diluted | $12 |
| Item | Amount |
|---|---|
| REVENUE | $681M |
| Cost of Revenue | $315M |
| GROSS PROFIT | $366M |
| R&D Expenses | $62M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $206M |
| Other Expenses | $0 |
| Operating Expenses | $268M |
| Cost & Expenses | $583M |
| OPERATING INCOME | $98M |
| Interest Income | $17M |
| Interest Expense | $12M |
| Other Income/Expenses | $331M |
| INCOME BEFORE TAX | $428M |
| Income Tax Expense | $79M |
| Net Income from Continuing Ops | $350M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $350M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $350M |
| D&A | $53M |
| EBIT | $441M |
| EBITDA | $494M |
| EPS | $12 |
| EPS Diluted | $12 |
| Item | Amount |
|---|---|
| Net Income | $350M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$314M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $81M |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | -$152M |
| Sales/Maturities of Investments | $263M |
| Other Investing Activities | $107.0K |
| NET CASH FROM INVESTING | $72M |
| Net Debt Issuance | -$118.0K |
| Common Stock Repurchased | -$200M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$502.0K |
| NET CASH FROM FINANCING | -$201M |
| FREE CASH FLOW | $39M |
| Net Change in Cash | -$54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $404M |
| Short-Term Investments | $1.2B |
| Net Receivables | $489M |
| Inventory | $781M |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $724M |
| Goodwill | $414M |
| Intangible Assets | $321M |
| Long-Term Investments | $7.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $95M |
| TOTAL NON-CURRENT ASSETS | $9.3B |
| TOTAL ASSETS | $12.3B |
| Account Payables | $145M |
| Short-Term Debt | $486.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $162M |
| TOTAL CURRENT LIABILITIES | $523M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.5B |
| Other Non-Current Liabilities | $195M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $449M |
| Retained Earnings | $9.3B |
| Treasury Stock | -$633M |
| Accum. Other Comp. Income | -$336M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.7B |
| TOTAL LIABILITIES & EQUITY | $12.3B |
| Total Debt | $1.4B |
| Net Debt | $1.0B |
