| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $624M | $609M | $622M | 2.5% | 0.2% |
| Op. Income | $186M | $171M | $192M | 8.6% | -3.4% |
| Gross Margin | 32.7% | 30.7% | 33.6% | 2.0pp | -0.9pp |
| Net Margin | 23.0% | 22.0% | 24.2% | 1.0pp | -1.2pp |
| EPS (Diluted) | $4.26 | $3.94 | $4.26 | 8.1% | 0.0% |
| Free Cash Flow | $167M | $100M | $143M | 67.6% | 16.7% |
| Item | Amount |
|---|---|
| REVENUE | $624M |
| Cost of Revenue | $420M |
| GROSS PROFIT | $204M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $438M |
| OPERATING INCOME | $186M |
| Interest Income | $558.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$714.0K |
| INCOME BEFORE TAX | $185M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $144M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $144M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $144M |
| D&A | $39M |
| EBIT | $197M |
| EBITDA | $236M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $624M |
| Cost of Revenue | $420M |
| GROSS PROFIT | $204M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $438M |
| OPERATING INCOME | $186M |
| Interest Income | $558.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$714.0K |
| INCOME BEFORE TAX | $185M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $144M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $144M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $144M |
| D&A | $39M |
| EBIT | $197M |
| EBITDA | $236M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $144M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | $52M |
| OPERATING CASH FLOW | $233M |
| Capital Expenditure | -$66M |
| Acquisitions (Net) | -$25M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$91M |
| Net Debt Issuance | -$28M |
| Common Stock Repurchased | -$61M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$95M |
| FREE CASH FLOW | $167M |
| Net Change in Cash | $47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $94M |
| Short-Term Investments | $0 |
| Net Receivables | $249M |
| Inventory | $376M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $730M |
| PP&E (Net) | $1.7B |
| Goodwill | $0 |
| Intangible Assets | $489M |
| Long-Term Investments | $131M |
| Tax Assets | $0 |
| Other Non-Current Assets | $30M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $131M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $312M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $246M |
| Other Non-Current Liabilities | $51M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $335.0K |
| 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 | $3.1B |
| Total Debt | $1.1B |
| Net Debt | $1.0B |
