| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.8B | $1.6B | -1.1% | 7.1% |
| Op. Income | $219M | $227M | $178M | -3.7% | 22.6% |
| Gross Margin | 40.0% | 39.5% | 39.3% | 0.4pp | 0.6pp |
| Net Margin | 10.2% | 6.5% | 4.6% | 3.7pp | 5.6pp |
| EPS (Diluted) | $2.05 | $1.32 | $0.81 | 55.3% | 153.1% |
| Free Cash Flow | $85M | $143M | $36M | -40.6% | 134.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $698M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $479M |
| SG&A Expenses | $479M |
| Other Expenses | $0 |
| Operating Expenses | $479M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $219M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $27M |
| INCOME BEFORE TAX | $246M |
| Income Tax Expense | $67M |
| Net Income from Continuing Ops | $179M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $179M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $179M |
| D&A | $51M |
| EBIT | $157M |
| EBITDA | $208M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $698M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $479M |
| SG&A Expenses | $479M |
| Other Expenses | $0 |
| Operating Expenses | $479M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $219M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $27M |
| INCOME BEFORE TAX | $246M |
| Income Tax Expense | $67M |
| Net Income from Continuing Ops | $179M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $179M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $179M |
| D&A | $51M |
| EBIT | $157M |
| EBITDA | $208M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $179M |
| Depreciation & Amortization | $51M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $21M |
| Other Non-Cash Items | -$34M |
| Change in Working Capital | -$48M |
| OPERATING CASH FLOW | $168M |
| Capital Expenditure | -$84M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | -$163M |
| Sales/Maturities of Investments | $78M |
| Other Investing Activities | $144.0K |
| NET CASH FROM INVESTING | -$174M |
| Net Debt Issuance | -$787.0K |
| Common Stock Repurchased | -$52M |
| Common Dividends Paid | -$22M |
| Other Financing Activities | -$20M |
| NET CASH FROM FINANCING | -$94M |
| FREE CASH FLOW | $85M |
| Net Change in Cash | -$100M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $301M |
| Net Receivables | $684M |
| Inventory | $330M |
| Other Current Assets | $70M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $1.6B |
| Goodwill | $166M |
| Intangible Assets | $798M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $181M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $335M |
| Short-Term Debt | $350M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $202M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $97M |
| Deferred Tax Liabilities | $133M |
| Other Non-Current Liabilities | $821M |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $12M |
| Additional Paid-In Capital | $136M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$128M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $1.9B |
| Net Debt | $771M |
