| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $660M | $563M | $553M | 17.4% | 19.3% |
| Op. Income | $182M | $155M | $138M | 17.3% | 31.7% |
| Gross Margin | 59.5% | 56.3% | 61.7% | 3.1pp | -2.2pp |
| Net Margin | 13.2% | 14.9% | 13.3% | -1.7pp | -0.1pp |
| EPS (Diluted) | $0.47 | $0.44 | $0.40 | 5.3% | 17.6% |
| Free Cash Flow | $308M | $39M | $242M | 693.8% | 27.1% |
| Item | Amount |
|---|---|
| REVENUE | $660M |
| Cost of Revenue | $268M |
| GROSS PROFIT | $393M |
| R&D Expenses | $0 |
| Selling & Marketing | $127M |
| General & Administrative | $58M |
| SG&A Expenses | $185M |
| Other Expenses | $26M |
| Operating Expenses | $211M |
| Cost & Expenses | $479M |
| OPERATING INCOME | $182M |
| Interest Income | $0 |
| Interest Expense | $52M |
| Other Income/Expenses | -$52M |
| INCOME BEFORE TAX | $130M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $29M |
| EBIT | $182M |
| EBITDA | $211M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $660M |
| Cost of Revenue | $268M |
| GROSS PROFIT | $393M |
| R&D Expenses | $0 |
| Selling & Marketing | $127M |
| General & Administrative | $58M |
| SG&A Expenses | $185M |
| Other Expenses | $26M |
| Operating Expenses | $211M |
| Cost & Expenses | $479M |
| OPERATING INCOME | $182M |
| Interest Income | $0 |
| Interest Expense | $52M |
| Other Income/Expenses | -$52M |
| INCOME BEFORE TAX | $130M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $29M |
| EBIT | $182M |
| EBITDA | $211M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $87M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $42M |
| Other Non-Cash Items | $58M |
| Change in Working Capital | $113M |
| OPERATING CASH FLOW | $329M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$27M |
| NET CASH FROM FINANCING | -$42M |
| FREE CASH FLOW | $308M |
| Net Change in Cash | $267M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $473M |
| Short-Term Investments | $0 |
| Net Receivables | $246M |
| Inventory | $724M |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $556M |
| Goodwill | $1.8B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $44M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $172M |
| Short-Term Debt | $20M |
| Deferred Revenue | $12M |
| Other Current Liabilities | $69M |
| TOTAL CURRENT LIABILITIES | $509M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $16M |
| Deferred Tax Liabilities | $146M |
| Other Non-Current Liabilities | $425M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | $427M |
| Treasury Stock | -$402M |
| Accum. Other Comp. Income | $112M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $1.8B |
| Net Debt | $1.3B |
