| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | $1.2B | 0.3% | 1.1% |
| Op. Income | $176M | $156M | $183M | 12.9% | -3.7% |
| Gross Margin | 35.2% | 35.6% | 34.9% | -0.4pp | 0.3pp |
| Net Margin | 11.2% | 9.5% | 12.9% | 1.7pp | -1.7pp |
| EPS (Diluted) | $1.21 | $1.01 | $1.32 | 19.8% | -8.3% |
| Free Cash Flow | $175M | $113M | $144M | 54.9% | 22.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $810M |
| GROSS PROFIT | $440M |
| R&D Expenses | $90M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $144M |
| Other Expenses | $30M |
| Operating Expenses | $264M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $176M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $169M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $141M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$709.0K |
| NET INCOME | $140M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $140M |
| D&A | $46M |
| EBIT | $176M |
| EBITDA | $222M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $810M |
| GROSS PROFIT | $440M |
| R&D Expenses | $90M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $144M |
| Other Expenses | $30M |
| Operating Expenses | $264M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $176M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $169M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $141M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$709.0K |
| NET INCOME | $140M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $140M |
| D&A | $46M |
| EBIT | $176M |
| EBITDA | $222M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $140M |
| Depreciation & Amortization | $46M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $191M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $305.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | $7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$169M |
| Common Dividends Paid | -$56M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$223M |
| FREE CASH FLOW | $175M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $318M |
| Short-Term Investments | $184M |
| Net Receivables | $1.0B |
| Inventory | $0 |
| Other Current Assets | $243M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $921M |
| Goodwill | $2.8B |
| Intangible Assets | $175M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $692M |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $6.4B |
| Account Payables | $338M |
| Short-Term Debt | $0 |
| Deferred Revenue | $133M |
| Other Current Liabilities | $424M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $646M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $192M |
| Other Non-Current Liabilities | $476M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $5M |
| Additional Paid-In Capital | $4.4B |
| Retained Earnings | $6.8B |
| Treasury Stock | -$7.7B |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $42M |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $6.4B |
| Total Debt | $799M |
| Net Debt | $481M |
