| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.1B | $3.5B | $3.0B | -12.0% | 0.5% |
| Op. Income | $286M | $470M | $273M | -39.2% | 4.8% |
| Gross Margin | 35.8% | 36.7% | 34.9% | -1.0pp | 0.9pp |
| Net Margin | 7.5% | 10.4% | 6.6% | -3.0pp | 0.8pp |
| EPS (Diluted) | $2.75 | $4.37 | $2.39 | -37.1% | 15.1% |
| Free Cash Flow | -$139M | $180M | -$90M | -177.5% | -55.2% |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $791M |
| Other Expenses | $17M |
| Operating Expenses | $807M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $286M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $297M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $228M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $228M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $228M |
| D&A | $101M |
| EBIT | $310M |
| EBITDA | $411M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $791M |
| Other Expenses | $17M |
| Operating Expenses | $807M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $286M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $297M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $228M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $228M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $228M |
| D&A | $101M |
| EBIT | $310M |
| EBITDA | $411M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $228M |
| Depreciation & Amortization | $101M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | -$274M |
| OPERATING CASH FLOW | $54M |
| Capital Expenditure | -$193M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$190M |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$90M |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$97M |
| FREE CASH FLOW | -$139M |
| Net Change in Cash | -$233M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $0 |
| Net Receivables | $226M |
| Inventory | $3.7B |
| Other Current Assets | $134M |
| TOTAL CURRENT ASSETS | $5.5B |
| PP&E (Net) | $4.3B |
| Goodwill | $246M |
| Intangible Assets | $56M |
| Long-Term Investments | $0 |
| Tax Assets | $42M |
| Other Non-Current Assets | $231M |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $10.5B |
| Account Payables | $1.7B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $323M |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $199M |
| TOTAL NON-CURRENT LIABILITIES | $4.2B |
| TOTAL LIABILITIES | $7.4B |
| Common Stock | $805.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $6.2B |
| Treasury Stock | -$4.6B |
| Accum. Other Comp. Income | -$519.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $10.5B |
| Total Debt | $4.5B |
| Net Debt | $3.0B |
