| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $547M | $634M | $678M | -13.8% | -19.3% |
| Op. Income | $124M | $169M | $273M | -26.6% | -54.5% |
| Gross Margin | 24.8% | 78.7% | 81.2% | -53.9pp | -56.4pp |
| Net Margin | 18.6% | 24.8% | 34.0% | -6.1pp | -15.4pp |
| EPS (Diluted) | $3.39 | $5.05 | $6.55 | -32.9% | -48.2% |
| Free Cash Flow | $35M | $169M | $215M | -79.2% | -83.6% |
| Item | Amount |
|---|---|
| REVENUE | $547M |
| Cost of Revenue | $411M |
| GROSS PROFIT | $136M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | -$9M |
| Operating Expenses | $12M |
| Cost & Expenses | $423M |
| OPERATING INCOME | $124M |
| Interest Income | $5M |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $119M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $102M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $102M |
| D&A | $57M |
| EBIT | $124M |
| EBITDA | $181M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $547M |
| Cost of Revenue | $411M |
| GROSS PROFIT | $136M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | -$9M |
| Operating Expenses | $12M |
| Cost & Expenses | $423M |
| OPERATING INCOME | $124M |
| Interest Income | $5M |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $119M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $102M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $102M |
| D&A | $57M |
| EBIT | $124M |
| EBITDA | $181M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $102M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $74.0K |
| Other Non-Cash Items | $51M |
| Change in Working Capital | -$81M |
| OPERATING CASH FLOW | $77M |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$58M |
| Common Dividends Paid | -$582.0K |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$68M |
| FREE CASH FLOW | $35M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $173M |
| Short-Term Investments | $83M |
| Net Receivables | $180M |
| Inventory | $109M |
| Other Current Assets | $69M |
| TOTAL CURRENT ASSETS | $614M |
| PP&E (Net) | $1.9B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $158M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $139M |
| Short-Term Debt | $9M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $113M |
| TOTAL CURRENT LIABILITIES | $417M |
| Long-Term Debt | $182M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $36M |
| Other Non-Current Liabilities | $643M |
| TOTAL NON-CURRENT LIABILITIES | $874M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $294.0K |
| Additional Paid-In Capital | $536M |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$149M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $208M |
| Net Debt | $35M |
