| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.7B | $1.6B | -2.4% | 3.7% |
| Op. Income | $149M | $155M | $120M | -4.0% | 24.2% |
| Gross Margin | 8.7% | 8.9% | 7.3% | -0.2pp | 1.4pp |
| Net Margin | 6.3% | 5.8% | 5.7% | 0.6pp | 0.7pp |
| EPS (Diluted) | $4.68 | $4.33 | $3.93 | 8.1% | 19.1% |
| Free Cash Flow | $129M | $14M | $117M | 844.0% | 10.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $149M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $149M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $125M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $35M |
| EBIT | $149M |
| EBITDA | $184M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $149M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $149M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $125M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $35M |
| EBIT | $149M |
| EBITDA | $184M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $108M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$61M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | $44M |
| OPERATING CASH FLOW | $152M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | -$14M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $836.0K |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | -$108M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$108M |
| FREE CASH FLOW | $129M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $116M |
| Short-Term Investments | $0 |
| Net Receivables | $895M |
| Inventory | $131M |
| Other Current Assets | $69M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $513M |
| Goodwill | $4.1B |
| Intangible Assets | $508M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $286M |
| TOTAL NON-CURRENT ASSETS | $5.4B |
| TOTAL ASSETS | $6.6B |
| Account Payables | $198M |
| Short-Term Debt | $46M |
| Deferred Revenue | $138M |
| Other Current Liabilities | $217M |
| TOTAL CURRENT LIABILITIES | $994M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $275M |
| Other Non-Current Liabilities | $122M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $4M |
| Additional Paid-In Capital | $546M |
| Retained Earnings | $3.9B |
| Treasury Stock | -$1.3B |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $135.0K |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $6.6B |
| Total Debt | $2.1B |
| Net Debt | $2.0B |
