| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $609M | $477M | $602M | 27.7% | 1.2% |
| Op. Income | $171M | $102M | $164M | 67.3% | 4.2% |
| Gross Margin | 30.7% | 25.1% | 29.3% | 5.6pp | 1.4pp |
| Net Margin | 22.0% | 16.2% | 20.1% | 5.8pp | 1.9pp |
| EPS (Diluted) | $3.94 | $2.24 | $3.40 | 75.9% | 15.9% |
| Free Cash Flow | $100M | $31M | $104M | 221.7% | -4.8% |
| Item | Amount |
|---|---|
| REVENUE | $609M |
| Cost of Revenue | $422M |
| GROSS PROFIT | $187M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $437M |
| OPERATING INCOME | $171M |
| Interest Income | $182.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$285.0K |
| INCOME BEFORE TAX | $171M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $134M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $134M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $134M |
| D&A | $38M |
| EBIT | $182M |
| EBITDA | $220M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $609M |
| Cost of Revenue | $422M |
| GROSS PROFIT | $187M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $437M |
| OPERATING INCOME | $171M |
| Interest Income | $182.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$285.0K |
| INCOME BEFORE TAX | $171M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $134M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $134M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $134M |
| D&A | $38M |
| EBIT | $182M |
| EBITDA | $220M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $134M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | -$34M |
| OPERATING CASH FLOW | $133M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | $8M |
| Common Stock Repurchased | -$87M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $56.0K |
| NET CASH FROM FINANCING | -$88M |
| FREE CASH FLOW | $100M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $0 |
| Net Receivables | $281M |
| Inventory | $372M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $713M |
| PP&E (Net) | $1.7B |
| Goodwill | $0 |
| Intangible Assets | $484M |
| Long-Term Investments | $121M |
| Tax Assets | $0 |
| Other Non-Current Assets | $30M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $148M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $291M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $243M |
| Other Non-Current Liabilities | $50M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $338.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $1.1B |
| Net Debt | $1.1B |
