| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $939M | $1.1B | 18.4% | 3.6% |
| Op. Income | $326M | $226M | $318M | 43.9% | 2.3% |
| Gross Margin | 61.4% | 55.6% | 57.9% | 5.7pp | 3.4pp |
| Net Margin | 20.6% | 16.2% | 19.8% | 4.4pp | 0.8pp |
| EPS (Diluted) | $3.77 | $2.50 | $3.39 | 50.8% | 11.2% |
| Free Cash Flow | $384M | -$43M | $297M | 986.8% | 29.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $430M |
| GROSS PROFIT | $682M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $356M |
| Other Expenses | $0 |
| Operating Expenses | $356M |
| Cost & Expenses | $786M |
| OPERATING INCOME | $326M |
| Interest Income | $1M |
| Interest Expense | $29M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $296M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | $229M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $229M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $229M |
| D&A | $18M |
| EBIT | $326M |
| EBITDA | $343M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $430M |
| GROSS PROFIT | $682M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $356M |
| Other Expenses | $0 |
| Operating Expenses | $356M |
| Cost & Expenses | $786M |
| OPERATING INCOME | $326M |
| Interest Income | $1M |
| Interest Expense | $29M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $296M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | $229M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $229M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $229M |
| D&A | $18M |
| EBIT | $326M |
| EBITDA | $343M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $229M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $27M |
| Change in Working Capital | $118M |
| OPERATING CASH FLOW | $401M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$200M |
| Common Stock Repurchased | -$175M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2.0K |
| NET CASH FROM FINANCING | -$375M |
| FREE CASH FLOW | $384M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $168M |
| Short-Term Investments | $0 |
| Net Receivables | $443M |
| Inventory | $377M |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $536M |
| Goodwill | $712M |
| Intangible Assets | $1.8B |
| Long-Term Investments | $3M |
| Tax Assets | $641M |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $245M |
| Short-Term Debt | $64M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $236M |
| TOTAL CURRENT LIABILITIES | $686M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $561M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $110.0K |
| Additional Paid-In Capital | $845M |
| Retained Earnings | $3.0B |
| Treasury Stock | -$2.1B |
| Accum. Other Comp. Income | -$113M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $1.9B |
| Net Debt | $1.7B |
