| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $470M | $558M | $477M | -15.7% | -1.4% |
| Op. Income | $85M | $157M | $102M | -45.8% | -16.9% |
| Gross Margin | 22.2% | 31.9% | 25.1% | -9.6pp | -2.9pp |
| Net Margin | 14.1% | 21.4% | 16.2% | -7.3pp | -2.0pp |
| EPS (Diluted) | $2.00 | $3.56 | $2.24 | -43.8% | -10.7% |
| Free Cash Flow | $14M | $73M | $31M | -80.1% | -53.2% |
| Item | Amount |
|---|---|
| REVENUE | $470M |
| Cost of Revenue | $366M |
| GROSS PROFIT | $105M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $385M |
| OPERATING INCOME | $85M |
| Interest Income | $755.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $42M |
| EBIT | $92M |
| EBITDA | $134M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $470M |
| Cost of Revenue | $366M |
| GROSS PROFIT | $105M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $385M |
| OPERATING INCOME | $85M |
| Interest Income | $755.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $42M |
| EBIT | $92M |
| EBITDA | $134M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $66M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$40M |
| OPERATING CASH FLOW | $63M |
| Capital Expenditure | -$48M |
| Acquisitions (Net) | -$150M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$198M |
| Net Debt Issuance | $236M |
| Common Stock Repurchased | -$101M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $125M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $222M |
| Inventory | $415M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $669M |
| PP&E (Net) | $1.8B |
| Goodwill | $470M |
| Intangible Assets | $126M |
| Long-Term Investments | $140M |
| Tax Assets | $0 |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $130M |
| Short-Term Debt | $15M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $245M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $240M |
| Other Non-Current Liabilities | $66M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $330.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $1.3B |
| Net Debt | $1.3B |
