| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $346M | $317M | $327M | 9.2% | 5.8% |
| Op. Income | $52M | $66M | $50M | -20.1% | 4.6% |
| Gross Margin | 57.3% | 56.5% | 55.7% | 0.8pp | 1.6pp |
| Net Margin | 9.8% | 15.5% | 10.1% | -5.7pp | -0.4pp |
| EPS (Diluted) | $1.08 | $1.57 | $1.05 | -31.2% | 2.9% |
| Free Cash Flow | $39M | $48M | $52M | -17.8% | -23.8% |
| Item | Amount |
|---|---|
| REVENUE | $346M |
| Cost of Revenue | $148M |
| GROSS PROFIT | $198M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $133M |
| Other Expenses | $0 |
| Operating Expenses | $146M |
| Cost & Expenses | $293M |
| OPERATING INCOME | $52M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $18M |
| EBIT | $52M |
| EBITDA | $71M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $346M |
| Cost of Revenue | $148M |
| GROSS PROFIT | $198M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $133M |
| Other Expenses | $0 |
| Operating Expenses | $146M |
| Cost & Expenses | $293M |
| OPERATING INCOME | $52M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $18M |
| EBIT | $52M |
| EBITDA | $71M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$36M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$51M |
| FREE CASH FLOW | $39M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $0 |
| Net Receivables | $238M |
| Inventory | $347M |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $640M |
| PP&E (Net) | $116M |
| Goodwill | $805M |
| Intangible Assets | $618M |
| Long-Term Investments | $0 |
| Tax Assets | $11M |
| Other Non-Current Assets | $116M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $102M |
| Short-Term Debt | $715.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $175M |
| TOTAL CURRENT LIABILITIES | $278M |
| Long-Term Debt | $905M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $74M |
| Other Non-Current Liabilities | $86M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $313.0K |
| Additional Paid-In Capital | $477M |
| Retained Earnings | $560M |
| Treasury Stock | -$16M |
| Accum. Other Comp. Income | -$59M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $963M |
| Minority Interest | $0 |
| TOTAL EQUITY | $963M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $906M |
| Net Debt | $881M |
