| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $1.9B | $1.7B | 5.2% | 19.7% |
| Op. Income | $198M | $181M | $149M | 9.1% | 32.9% |
| Gross Margin | 9.7% | 9.4% | 8.7% | 0.3pp | 1.0pp |
| Net Margin | 6.6% | 6.0% | 6.3% | 0.7pp | 0.3pp |
| EPS (Diluted) | $5.98 | $5.13 | $4.68 | 16.6% | 27.8% |
| Free Cash Flow | $135M | $187M | $129M | -27.9% | 4.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $198M |
| 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 | $198M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $173M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $135M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $135M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $135M |
| D&A | $36M |
| EBIT | $198M |
| EBITDA | $234M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $198M |
| 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 | $198M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $173M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $135M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $135M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $135M |
| D&A | $36M |
| EBIT | $198M |
| EBITDA | $234M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $135M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$14M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | -$36M |
| OPERATING CASH FLOW | $157M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | -$150M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$151M |
| FREE CASH FLOW | $135M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $134M |
| Short-Term Investments | $0 |
| Net Receivables | $1.0B |
| Inventory | $118M |
| Other Current Assets | $91M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $501M |
| Goodwill | $4.2B |
| Intangible Assets | $474M |
| Long-Term Investments | $59M |
| Tax Assets | $170M |
| Other Non-Current Assets | $63M |
| TOTAL NON-CURRENT ASSETS | $5.4B |
| TOTAL ASSETS | $6.8B |
| Account Payables | $287M |
| Short-Term Debt | $61M |
| Deferred Revenue | $140M |
| Other Current Liabilities | $222M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $170M |
| Other Non-Current Liabilities | $219M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $4M |
| Additional Paid-In Capital | $631M |
| Retained Earnings | $4.4B |
| Treasury Stock | -$1.5B |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $135.0K |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $1.9B |
| Net Debt | $1.8B |
