| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $836M | $852M | $763M | -1.8% | 9.7% |
| Op. Income | $106M | $121M | $83M | -13.0% | 27.5% |
| Gross Margin | 44.2% | 49.0% | 45.6% | -4.8pp | -1.4pp |
| Net Margin | 7.3% | 8.2% | 6.2% | -0.8pp | 1.1pp |
| EPS (Diluted) | $1.35 | $1.53 | $1.02 | -11.8% | 32.4% |
| Free Cash Flow | $96M | $86M | $97M | 12.2% | -0.7% |
| Item | Amount |
|---|---|
| REVENUE | $836M |
| Cost of Revenue | $467M |
| GROSS PROFIT | $370M |
| R&D Expenses | $0 |
| Selling & Marketing | $221M |
| General & Administrative | $43M |
| SG&A Expenses | $264M |
| Other Expenses | $0 |
| Operating Expenses | $264M |
| Cost & Expenses | $731M |
| OPERATING INCOME | $106M |
| Interest Income | $743.0K |
| Interest Expense | $25M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $82M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $146M |
| EBIT | $107M |
| EBITDA | $254M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $836M |
| Cost of Revenue | $467M |
| GROSS PROFIT | $370M |
| R&D Expenses | $0 |
| Selling & Marketing | $221M |
| General & Administrative | $43M |
| SG&A Expenses | $264M |
| Other Expenses | $0 |
| Operating Expenses | $264M |
| Cost & Expenses | $731M |
| OPERATING INCOME | $106M |
| Interest Income | $743.0K |
| Interest Expense | $25M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $82M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $146M |
| EBIT | $107M |
| EBITDA | $254M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $61M |
| Depreciation & Amortization | $146M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $68M |
| Change in Working Capital | -$155M |
| OPERATING CASH FLOW | $123M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | -$53M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$85M |
| FREE CASH FLOW | $96M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $135M |
| Short-Term Investments | $0 |
| Net Receivables | $631M |
| Inventory | $302M |
| Other Current Assets | $188M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $979M |
| Goodwill | $1.7B |
| Intangible Assets | $265M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $139M |
| Short-Term Debt | $0 |
| Deferred Revenue | $75M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $315M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $134M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $573.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $1.3B |
| Treasury Stock | -$910M |
| Accum. Other Comp. Income | -$37M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $1.9B |
| Net Debt | $1.7B |
