| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $573M | $599M | $574M | -4.3% | -0.1% |
| Op. Income | $56M | -$900.0K | $60M | 6266.7% | -7.7% |
| Gross Margin | 38.4% | 40.4% | 38.0% | -1.9pp | 0.4pp |
| Net Margin | 13.4% | -5.3% | 2.2% | 18.8pp | 11.2pp |
| EPS (Diluted) | $0.32 | $-0.13 | $0.05 | 346.2% | 609.5% |
| Free Cash Flow | $95M | $74M | $86M | 28.0% | 10.8% |
| Item | Amount |
|---|---|
| REVENUE | $573M |
| Cost of Revenue | $353M |
| GROSS PROFIT | $220M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $151M |
| Other Expenses | $0 |
| Operating Expenses | $165M |
| Cost & Expenses | $518M |
| OPERATING INCOME | $56M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | -$40M |
| Net Income from Continuing Ops | $78M |
| Net Income from Discontinued Ops | -$800.0K |
| Other Adjustments | $0 |
| NET INCOME | $77M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $77M |
| D&A | $42M |
| EBIT | $67M |
| EBITDA | $109M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $573M |
| Cost of Revenue | $353M |
| GROSS PROFIT | $220M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $151M |
| Other Expenses | $0 |
| Operating Expenses | $165M |
| Cost & Expenses | $518M |
| OPERATING INCOME | $56M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | -$40M |
| Net Income from Continuing Ops | $78M |
| Net Income from Discontinued Ops | -$800.0K |
| Other Adjustments | $0 |
| NET INCOME | $77M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $77M |
| D&A | $42M |
| EBIT | $67M |
| EBITDA | $109M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $77M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | -$1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$58M |
| Change in Working Capital | $52M |
| OPERATING CASH FLOW | $111M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | -$26M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $19M |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | -$108M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$133M |
| FREE CASH FLOW | $95M |
| Net Change in Cash | -$40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $289M |
| Short-Term Investments | $0 |
| Net Receivables | $462M |
| Inventory | $299M |
| Other Current Assets | $115M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $297M |
| Goodwill | $2.3B |
| Intangible Assets | $879M |
| Long-Term Investments | $28M |
| Tax Assets | $121M |
| Other Non-Current Assets | $115M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $141M |
| Short-Term Debt | $27M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $76M |
| TOTAL CURRENT LIABILITIES | $369M |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $109M |
| Other Non-Current Liabilities | $152M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | -$1.2B |
| Treasury Stock | -$342M |
| Accum. Other Comp. Income | -$346M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $16M |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $2.0B |
| Net Debt | $1.7B |
