| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.3B | $5.1B | $5.4B | 3.5% | -1.5% |
| Op. Income | $178M | $229M | $214M | -22.2% | -16.6% |
| Gross Margin | 18.0% | 19.1% | 18.0% | -1.2pp | -0.0pp |
| Net Margin | 2.3% | 3.1% | 2.7% | -0.7pp | -0.4pp |
| EPS (Diluted) | $0.92 | $1.17 | $1.08 | -21.4% | -14.8% |
| Free Cash Flow | $111M | $19M | $155M | 492.3% | -28.2% |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $949M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $758M |
| Other Expenses | $12M |
| Operating Expenses | $771M |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $178M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $166M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $123M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $123M |
| D&A | $68M |
| EBIT | $177M |
| EBITDA | $244M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $949M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $758M |
| Other Expenses | $12M |
| Operating Expenses | $771M |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $178M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $166M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $123M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $123M |
| D&A | $68M |
| EBIT | $177M |
| EBITDA | $244M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $123M |
| Depreciation & Amortization | $68M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $33M |
| Change in Working Capital | $39M |
| OPERATING CASH FLOW | $272M |
| Capital Expenditure | -$160M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$162M |
| Net Debt Issuance | -$58M |
| Common Stock Repurchased | -$62M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$116M |
| FREE CASH FLOW | $111M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $0 |
| Net Receivables | $277M |
| Inventory | $1.5B |
| Other Current Assets | $64M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $4.0B |
| Goodwill | $1.0B |
| Intangible Assets | $101M |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $72M |
| TOTAL NON-CURRENT ASSETS | $5.2B |
| TOTAL ASSETS | $7.1B |
| Account Payables | $1.3B |
| Short-Term Debt | $175M |
| Deferred Revenue | $369M |
| Other Current Liabilities | $284M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $399M |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $60M |
| Other Non-Current Liabilities | $132M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $5.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $1.7B |
| Treasury Stock | -$936M |
| Accum. Other Comp. Income | $231.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $7.1B |
| Total Debt | $2.8B |
| Net Debt | $2.8B |
