| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.4B | $1.0B | -22.7% | 5.9% |
| Op. Income | $211M | $257M | $177M | -18.1% | 18.7% |
| Gross Margin | 38.9% | 38.4% | 37.6% | 0.5pp | 1.3pp |
| Net Margin | 11.6% | 11.2% | 10.2% | 0.4pp | 1.4pp |
| EPS (Diluted) | $3.58 | $4.48 | $2.93 | -20.1% | 22.2% |
| Free Cash Flow | $103M | $123M | $96M | -15.8% | 8.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $663M |
| GROSS PROFIT | $422M |
| R&D Expenses | $0 |
| Selling & Marketing | $110M |
| General & Administrative | $101M |
| SG&A Expenses | $211M |
| Other Expenses | -$90.0K |
| Operating Expenses | $211M |
| Cost & Expenses | $874M |
| OPERATING INCOME | $211M |
| Interest Income | $4M |
| Interest Expense | $46M |
| Other Income/Expenses | -$61M |
| INCOME BEFORE TAX | $150M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $126M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $126M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $126M |
| D&A | $20M |
| EBIT | $211M |
| EBITDA | $230M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $663M |
| GROSS PROFIT | $422M |
| R&D Expenses | $0 |
| Selling & Marketing | $110M |
| General & Administrative | $101M |
| SG&A Expenses | $211M |
| Other Expenses | -$90.0K |
| Operating Expenses | $211M |
| Cost & Expenses | $874M |
| OPERATING INCOME | $211M |
| Interest Income | $4M |
| Interest Expense | $46M |
| Other Income/Expenses | -$61M |
| INCOME BEFORE TAX | $150M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $126M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $126M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $126M |
| D&A | $20M |
| EBIT | $211M |
| EBITDA | $230M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $126M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$42M |
| OPERATING CASH FLOW | $123M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$14M |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | -$343.0K |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | $103M |
| Net Change in Cash | $67M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $204M |
| Short-Term Investments | $0 |
| Net Receivables | $286M |
| Inventory | $76M |
| Other Current Assets | $287M |
| TOTAL CURRENT ASSETS | $894M |
| PP&E (Net) | $509M |
| Goodwill | $12M |
| Intangible Assets | $141M |
| Long-Term Investments | $125M |
| Tax Assets | $17M |
| Other Non-Current Assets | $46M |
| TOTAL NON-CURRENT ASSETS | $850M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $112M |
| Short-Term Debt | $5M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $129M |
| TOTAL CURRENT LIABILITIES | $510M |
| Long-Term Debt | $5.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $85M |
| TOTAL NON-CURRENT LIABILITIES | $5.2B |
| TOTAL LIABILITIES | $5.8B |
| Common Stock | $348.0K |
| Additional Paid-In Capital | $1M |
| Retained Earnings | -$4.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$4.0B |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $5.2B |
| Net Debt | $5.0B |
