| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.3B | -1.8% | 8.7% |
| Op. Income | $124M | $148M | $108M | -16.2% | 15.3% |
| Gross Margin | 24.8% | 24.9% | 23.6% | -0.1pp | 1.2pp |
| Net Margin | 5.0% | 6.4% | 4.4% | -1.3pp | 0.6pp |
| EPS (Diluted) | $0.59 | $0.76 | $0.48 | -22.4% | 22.9% |
| Free Cash Flow | $168M | -$76M | $104M | 319.6% | 62.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $348M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $223M |
| Other Expenses | $0 |
| Operating Expenses | $223M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $124M |
| Interest Income | $4M |
| Interest Expense | $40M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $118M |
| EBIT | $128M |
| EBITDA | $246M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $348M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $223M |
| Other Expenses | $0 |
| Operating Expenses | $223M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $124M |
| Interest Income | $4M |
| Interest Expense | $40M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $118M |
| EBIT | $128M |
| EBITDA | $246M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $70M |
| Depreciation & Amortization | $80M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$41M |
| Other Non-Cash Items | $32M |
| Change in Working Capital | $29M |
| OPERATING CASH FLOW | $190M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | -$30M |
| Common Stock Repurchased | -$400.0K |
| Common Dividends Paid | -$94M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$124M |
| FREE CASH FLOW | $168M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $277M |
| Short-Term Investments | $0 |
| Net Receivables | $892M |
| Inventory | $0 |
| Other Current Assets | $194M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $327M |
| Goodwill | $3.4B |
| Intangible Assets | $1.3B |
| Long-Term Investments | $256M |
| Tax Assets | $1.2B |
| Other Non-Current Assets | $73M |
| TOTAL NON-CURRENT ASSETS | $6.6B |
| TOTAL ASSETS | $8.0B |
| Account Payables | $137M |
| Short-Term Debt | $0 |
| Deferred Revenue | $257M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $971M |
| Long-Term Debt | $3.7B |
| Deferred Revenue NC | $482M |
| Deferred Tax Liabilities | $346M |
| Other Non-Current Liabilities | $296M |
| TOTAL NON-CURRENT LIABILITIES | $5.0B |
| TOTAL LIABILITIES | $5.9B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $3.1B |
| Treasury Stock | -$2.2B |
| Accum. Other Comp. Income | -$350M |
| Other Equity | -$100.0K |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $8.0B |
| Total Debt | $3.9B |
| Net Debt | $3.6B |
