| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $656M | $665M | $588M | -1.4% | 11.6% |
| Op. Income | $61M | $62M | $56M | -0.7% | 8.9% |
| Gross Margin | 12.5% | 12.9% | 12.7% | -0.4pp | -0.2pp |
| Net Margin | 9.3% | 8.9% | 9.6% | 0.3pp | -0.3pp |
| EPS (Diluted) | $1.65 | $1.60 | $1.51 | 3.1% | 9.3% |
| Free Cash Flow | $53M | $17M | $2M | 210.4% | 3041.7% |
| Item | Amount |
|---|---|
| REVENUE | $656M |
| Cost of Revenue | $574M |
| GROSS PROFIT | $82M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | $1M |
| Operating Expenses | $21M |
| Cost & Expenses | $594M |
| OPERATING INCOME | $61M |
| Interest Income | $4M |
| Interest Expense | $293.0K |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $6M |
| 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 | $11M |
| EBIT | $67M |
| EBITDA | $79M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $656M |
| Cost of Revenue | $574M |
| GROSS PROFIT | $82M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | $1M |
| Operating Expenses | $21M |
| Cost & Expenses | $594M |
| OPERATING INCOME | $61M |
| Interest Income | $4M |
| Interest Expense | $293.0K |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $6M |
| 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 | $11M |
| EBIT | $67M |
| EBITDA | $79M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $61M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $169.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $71M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$63M |
| Sales/Maturities of Investments | $53M |
| Other Investing Activities | -$202.0K |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$38M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$427.0K |
| NET CASH FROM FINANCING | -$42M |
| FREE CASH FLOW | $53M |
| Net Change in Cash | $625.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $231M |
| Short-Term Investments | $319M |
| Net Receivables | $532M |
| Inventory | $520M |
| Other Current Assets | $43M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $312M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $12M |
| Other Non-Current Assets | $635.0K |
| TOTAL NON-CURRENT ASSETS | $327M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $381M |
| Short-Term Debt | $12M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $482M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $29M |
| TOTAL LIABILITIES | $511M |
| Common Stock | $393.0K |
| Additional Paid-In Capital | $207M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$195M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $13M |
| Net Debt | -$218M |
