| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $643M | $641M | $649M | 0.3% | -1.0% |
| Op. Income | $84M | $79M | $81M | 5.6% | 3.4% |
| Gross Margin | 36.8% | 38.3% | 36.0% | -1.5pp | 0.8pp |
| Net Margin | 6.6% | 6.5% | 7.5% | 0.0pp | -0.9pp |
| EPS (Diluted) | $0.82 | $0.79 | $0.88 | 3.8% | -6.8% |
| Free Cash Flow | $129M | $79M | $69M | 62.7% | 87.2% |
| Item | Amount |
|---|---|
| REVENUE | $643M |
| Cost of Revenue | $407M |
| GROSS PROFIT | $237M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $146M |
| SG&A Expenses | $146M |
| Other Expenses | $7M |
| Operating Expenses | $153M |
| Cost & Expenses | $559M |
| OPERATING INCOME | $84M |
| Interest Income | $424.0K |
| Interest Expense | $27M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $15M |
| EBIT | $87M |
| EBITDA | $102M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $643M |
| Cost of Revenue | $407M |
| GROSS PROFIT | $237M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $146M |
| SG&A Expenses | $146M |
| Other Expenses | $7M |
| Operating Expenses | $153M |
| Cost & Expenses | $559M |
| OPERATING INCOME | $84M |
| Interest Income | $424.0K |
| Interest Expense | $27M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $15M |
| EBIT | $87M |
| EBITDA | $102M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $73M |
| OPERATING CASH FLOW | $143M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $787.0K |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$32M |
| Common Stock Repurchased | -$81M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | -$173.0K |
| NET CASH FROM FINANCING | -$124M |
| FREE CASH FLOW | $129M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $111M |
| Short-Term Investments | $0 |
| Net Receivables | $300M |
| Inventory | $479M |
| Other Current Assets | $74M |
| TOTAL CURRENT ASSETS | $963M |
| PP&E (Net) | $445M |
| Goodwill | $328M |
| Intangible Assets | $632M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $154M |
| Short-Term Debt | $9M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $392M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $134M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $21M |
| Additional Paid-In Capital | $666M |
| Retained Earnings | $316M |
| Treasury Stock | -$656M |
| Accum. Other Comp. Income | -$60M |
| Other Equity | -$2M |
| TOTAL STOCKHOLDERS' EQUITY | $285M |
| Minority Interest | $0 |
| TOTAL EQUITY | $285M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $1.6B |
| Net Debt | $1.5B |
