| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $943M | $930M | 6.4% | 7.8% |
| Op. Income | $193M | $162M | $152M | 19.0% | 27.0% |
| Gross Margin | 66.1% | 67.0% | 65.6% | -0.8pp | 0.5pp |
| Net Margin | 10.4% | 9.4% | 9.2% | 1.0pp | 1.3pp |
| EPS (Diluted) | $0.52 | $0.44 | $0.43 | 18.2% | 20.9% |
| Free Cash Flow | $119M | $37M | $52M | 221.1% | 129.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $340M |
| GROSS PROFIT | $663M |
| R&D Expenses | $39M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $381M |
| Other Expenses | $50M |
| Operating Expenses | $471M |
| Cost & Expenses | $810M |
| OPERATING INCOME | $193M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $164M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $105M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $105M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $105M |
| D&A | $89M |
| EBIT | $192M |
| EBITDA | $281M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $340M |
| GROSS PROFIT | $663M |
| R&D Expenses | $39M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $381M |
| Other Expenses | $50M |
| Operating Expenses | $471M |
| Cost & Expenses | $810M |
| OPERATING INCOME | $193M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $164M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $105M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $105M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $105M |
| D&A | $89M |
| EBIT | $192M |
| EBITDA | $281M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $105M |
| Depreciation & Amortization | $89M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $64M |
| Change in Working Capital | -$50M |
| OPERATING CASH FLOW | $208M |
| Capital Expenditure | -$89M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$35M |
| NET CASH FROM INVESTING | -$124M |
| Net Debt Issuance | -$89M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$300.0K |
| NET CASH FROM FINANCING | -$88M |
| FREE CASH FLOW | $119M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $110M |
| Short-Term Investments | $0 |
| Net Receivables | $739M |
| Inventory | $779M |
| Other Current Assets | $299M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $1.7B |
| Goodwill | $3.8B |
| Intangible Assets | $1.8B |
| Long-Term Investments | $0 |
| Tax Assets | $2.2B |
| Other Non-Current Assets | $621M |
| TOTAL NON-CURRENT ASSETS | $10.2B |
| TOTAL ASSETS | $12.1B |
| Account Payables | $222M |
| Short-Term Debt | $40M |
| Deferred Revenue | $126M |
| Other Current Liabilities | $580M |
| TOTAL CURRENT LIABILITIES | $970M |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $191M |
| Deferred Tax Liabilities | $95M |
| Other Non-Current Liabilities | $336M |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $4.2B |
| Common Stock | $22M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $7.2B |
| Treasury Stock | -$707M |
| Accum. Other Comp. Income | -$425M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.9B |
| Minority Interest | $200.0K |
| TOTAL EQUITY | $7.9B |
| TOTAL LIABILITIES & EQUITY | $12.1B |
| Total Debt | $2.6B |
| Net Debt | $2.5B |
