| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.8B | $1.7B | 5.6% | 11.1% |
| Op. Income | $181M | $133M | $155M | 36.0% | 16.9% |
| Gross Margin | 9.4% | 7.3% | 8.9% | 2.1pp | 0.5pp |
| Net Margin | 6.0% | 4.6% | 5.8% | 1.4pp | 0.2pp |
| EPS (Diluted) | $5.13 | $3.74 | $4.33 | 37.2% | 18.5% |
| Free Cash Flow | $187M | $56M | $14M | 231.2% | 1263.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $181M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $181M |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $154M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $115M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $115M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $115M |
| D&A | $35M |
| EBIT | $181M |
| EBITDA | $216M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $181M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $181M |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $154M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $115M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $115M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $115M |
| D&A | $35M |
| EBIT | $181M |
| EBITDA | $216M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $115M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | $17M |
| Change in Working Capital | $29M |
| OPERATING CASH FLOW | $198M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$71M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$82M |
| Net Debt Issuance | -$83M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $642.0K |
| NET CASH FROM FINANCING | -$85M |
| FREE CASH FLOW | $187M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $159M |
| Short-Term Investments | $0 |
| Net Receivables | $1.0B |
| Inventory | $133M |
| Other Current Assets | $82M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $492M |
| Goodwill | $4.1B |
| Intangible Assets | $490M |
| Long-Term Investments | $58M |
| Tax Assets | $0 |
| Other Non-Current Assets | $232M |
| TOTAL NON-CURRENT ASSETS | $5.4B |
| TOTAL ASSETS | $6.8B |
| Account Payables | $363M |
| Short-Term Debt | $61M |
| Deferred Revenue | $134M |
| Other Current Liabilities | $268M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $37M |
| Other Non-Current Liabilities | $362M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $4M |
| Additional Paid-In Capital | $613M |
| Retained Earnings | $4.2B |
| Treasury Stock | -$1.5B |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $135.0K |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $2.0B |
| Net Debt | $1.9B |
