| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.0B | -0.7% | 5.3% |
| Op. Income | $59M | $64M | $45M | -7.6% | 32.7% |
| Gross Margin | 14.3% | 14.2% | 13.3% | 0.1pp | 1.0pp |
| Net Margin | 5.0% | 4.7% | 3.9% | 0.4pp | 1.1pp |
| EPS (Diluted) | $1.20 | $1.12 | $0.90 | 7.1% | 33.3% |
| Free Cash Flow | $7M | $92M | -$700.0K | -92.1% | 1128.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $922M |
| GROSS PROFIT | $153M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $39M |
| SG&A Expenses | $39M |
| Other Expenses | $55M |
| Operating Expenses | $94M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $59M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | -$9M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $42M |
| EBIT | $59M |
| EBITDA | $102M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $922M |
| GROSS PROFIT | $153M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $39M |
| SG&A Expenses | $39M |
| Other Expenses | $55M |
| Operating Expenses | $94M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $59M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | -$9M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $42M |
| EBIT | $59M |
| EBITDA | $102M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $54M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$31M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $56M |
| Capital Expenditure | -$48M |
| Acquisitions (Net) | $6M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$200.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $61M |
| Inventory | $90M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $183M |
| PP&E (Net) | $1.9B |
| Goodwill | $195M |
| Intangible Assets | $24M |
| Long-Term Investments | $0 |
| Tax Assets | $93M |
| Other Non-Current Assets | $48M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $126M |
| Short-Term Debt | $0 |
| Deferred Revenue | $73M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $536M |
| Long-Term Debt | $912M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $57M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $6M |
| Additional Paid-In Capital | $690M |
| Retained Earnings | -$352M |
| Treasury Stock | -$482M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$144M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$144M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $2.2B |
| Net Debt | $2.1B |
