| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.5B | $1.6B | 5.6% | 2.3% |
| Op. Income | $311M | $297M | $311M | 4.6% | 0.0% |
| Gross Margin | 60.3% | 60.0% | 59.8% | 0.3pp | 0.5pp |
| Net Margin | 12.9% | 14.4% | 16.7% | -1.6pp | -3.9pp |
| EPS (Diluted) | $0.60 | $0.63 | $0.75 | -4.8% | -20.0% |
| Free Cash Flow | $465M | $431M | $413M | 7.9% | 12.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $643M |
| GROSS PROFIT | $977M |
| R&D Expenses | $107M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $559M |
| Other Expenses | $0 |
| Operating Expenses | $666M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $311M |
| Interest Income | $0 |
| Interest Expense | $33M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $275M |
| Income Tax Expense | $66M |
| Net Income from Continuing Ops | $209M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $209M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $209M |
| D&A | $135M |
| EBIT | $308M |
| EBITDA | $443M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $643M |
| GROSS PROFIT | $977M |
| R&D Expenses | $107M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $559M |
| Other Expenses | $0 |
| Operating Expenses | $666M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $311M |
| Interest Income | $0 |
| Interest Expense | $33M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $275M |
| Income Tax Expense | $66M |
| Net Income from Continuing Ops | $209M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $209M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $209M |
| D&A | $135M |
| EBIT | $308M |
| EBITDA | $443M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $209M |
| Depreciation & Amortization | $135M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$65M |
| Change in Working Capital | $195M |
| OPERATING CASH FLOW | $502M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $41M |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | -$467M |
| Common Dividends Paid | -$27M |
| Other Financing Activities | $23M |
| NET CASH FROM FINANCING | -$496M |
| FREE CASH FLOW | $465M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $813M |
| Short-Term Investments | $0 |
| Net Receivables | $945M |
| Inventory | $545M |
| Other Current Assets | $289M |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $433M |
| Goodwill | $10.2B |
| Intangible Assets | $3.3B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $495M |
| TOTAL NON-CURRENT ASSETS | $14.4B |
| TOTAL ASSETS | $17.0B |
| Account Payables | $677M |
| Short-Term Debt | $376M |
| Deferred Revenue | $553M |
| Other Current Liabilities | $407M |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $59M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $4.6B |
| TOTAL LIABILITIES | $6.8B |
| Common Stock | $4M |
| Additional Paid-In Capital | $4.0B |
| Retained Earnings | $8.2B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | -$465M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.2B |
| Minority Interest | $7M |
| TOTAL EQUITY | $10.2B |
| TOTAL LIABILITIES & EQUITY | $17.0B |
| Total Debt | $3.9B |
| Net Debt | $3.1B |
