| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $713M | $685M | $669M | 4.0% | 6.6% |
| Op. Income | $69M | $64M | $66M | 7.9% | 4.1% |
| Gross Margin | 12.4% | 12.3% | 12.7% | 0.1pp | -0.4pp |
| Net Margin | 9.7% | 9.5% | 9.4% | 0.2pp | 0.3pp |
| EPS (Diluted) | $1.89 | $1.78 | $1.71 | 6.2% | 10.5% |
| Free Cash Flow | $74M | $133M | $31M | -44.5% | 141.3% |
| Item | Amount |
|---|---|
| REVENUE | $713M |
| Cost of Revenue | $624M |
| GROSS PROFIT | $88M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $644M |
| OPERATING INCOME | $69M |
| Interest Income | $8M |
| Interest Expense | $36.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $73M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $12M |
| EBIT | $73M |
| EBITDA | $85M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $713M |
| Cost of Revenue | $624M |
| GROSS PROFIT | $88M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $644M |
| OPERATING INCOME | $69M |
| Interest Income | $8M |
| Interest Expense | $36.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $73M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $12M |
| EBIT | $73M |
| EBITDA | $85M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $69M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$260.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $84M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$87M |
| Sales/Maturities of Investments | $47M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$49M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$205.0K |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $74M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $334M |
| Short-Term Investments | $407M |
| Net Receivables | $585M |
| Inventory | $415M |
| Other Current Assets | $60M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $312M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $12M |
| Other Non-Current Assets | $636.0K |
| TOTAL NON-CURRENT ASSETS | $327M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $377M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $487M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $35M |
| TOTAL LIABILITIES | $522M |
| Common Stock | $394.0K |
| Additional Paid-In Capital | $209M |
| Retained Earnings | $1.6B |
| Treasury Stock | -$201M |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $11M |
| Net Debt | -$323M |
