| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $725M | $736M | $693M | -1.6% | 4.6% |
| Op. Income | $30M | $31M | $32M | -2.8% | -6.2% |
| Gross Margin | 18.7% | 18.5% | 19.0% | 0.1pp | -0.3pp |
| Net Margin | 3.7% | 3.6% | 3.7% | 0.2pp | 0.0pp |
| EPS (Diluted) | $1.02 | $0.99 | $0.97 | 3.0% | 5.2% |
| Free Cash Flow | $51M | $37M | $48M | 39.9% | 7.2% |
| Item | Amount |
|---|---|
| REVENUE | $725M |
| Cost of Revenue | $589M |
| GROSS PROFIT | $135M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $94M |
| SG&A Expenses | $100M |
| Other Expenses | $5M |
| Operating Expenses | $105M |
| Cost & Expenses | $695M |
| OPERATING INCOME | $30M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $3M |
| EBIT | $30M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $725M |
| Cost of Revenue | $589M |
| GROSS PROFIT | $135M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $94M |
| SG&A Expenses | $100M |
| Other Expenses | $5M |
| Operating Expenses | $105M |
| Cost & Expenses | $695M |
| OPERATING INCOME | $30M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $3M |
| EBIT | $30M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $811.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $53M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$52M |
| Sales/Maturities of Investments | $47M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$640.0K |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $51M |
| Net Change in Cash | $39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $168M |
| Short-Term Investments | $262M |
| Net Receivables | $585M |
| Inventory | $114M |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $57M |
| Goodwill | $74M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $134M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $293M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $367M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $517.0K |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $388M |
| Common Stock | $293.0K |
| Additional Paid-In Capital | $136M |
| Retained Earnings | $819M |
| Treasury Stock | -$59M |
| Accum. Other Comp. Income | $477.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $897M |
| Minority Interest | $0 |
| TOTAL EQUITY | $897M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $2M |
| Net Debt | -$165M |
