| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.9B | $5.4B | $4.7B | -8.2% | 4.1% |
| Op. Income | $161M | $214M | $187M | -24.9% | -13.9% |
| Gross Margin | 18.0% | 18.0% | 18.6% | -0.0pp | -0.7pp |
| Net Margin | 2.3% | 2.7% | 2.5% | -0.5pp | -0.2pp |
| EPS (Diluted) | $0.83 | $1.08 | $0.85 | -23.1% | -2.4% |
| Free Cash Flow | $95M | $155M | $27M | -38.7% | 251.6% |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $883M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $722M |
| Other Expenses | $864.0K |
| Operating Expenses | $723M |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $161M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $147M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $63M |
| EBIT | $161M |
| EBITDA | $224M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $883M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $722M |
| Other Expenses | $864.0K |
| Operating Expenses | $723M |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $161M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $147M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $63M |
| EBIT | $161M |
| EBITDA | $224M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $111M |
| Depreciation & Amortization | $63M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $201M |
| Capital Expenditure | -$106M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$106M |
| Net Debt Issuance | -$43M |
| Common Stock Repurchased | -$57M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$96M |
| FREE CASH FLOW | $95M |
| Net Change in Cash | -$955.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $0 |
| Net Receivables | $225M |
| Inventory | $1.5B |
| Other Current Assets | $85M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $3.8B |
| Goodwill | $1.0B |
| Intangible Assets | $106M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $48M |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $6.8B |
| Account Payables | $1.3B |
| Short-Term Debt | $270M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $399M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $75M |
| Other Non-Current Liabilities | $229M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $5.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $1.3B |
| Treasury Stock | -$775M |
| Accum. Other Comp. Income | $501.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $2.9B |
| Net Debt | $2.9B |
