| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $632M | $660M | $643M | -4.1% | -1.7% |
| Op. Income | $112M | $112M | $84M | 0.4% | 33.7% |
| Gross Margin | 41.8% | 39.9% | 36.8% | 1.9pp | 5.0pp |
| Net Margin | 11.2% | 9.5% | 6.6% | 1.7pp | 4.6pp |
| EPS (Diluted) | $1.49 | $1.29 | $0.82 | 15.5% | 81.7% |
| Free Cash Flow | $125M | $52M | $129M | 138.7% | -2.7% |
| Item | Amount |
|---|---|
| REVENUE | $632M |
| Cost of Revenue | $368M |
| GROSS PROFIT | $264M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $146M |
| SG&A Expenses | $146M |
| Other Expenses | $6M |
| Operating Expenses | $152M |
| Cost & Expenses | $520M |
| OPERATING INCOME | $112M |
| Interest Income | $406.0K |
| Interest Expense | $26M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $71M |
| D&A | $16M |
| EBIT | $124M |
| EBITDA | $140M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $632M |
| Cost of Revenue | $368M |
| GROSS PROFIT | $264M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $146M |
| SG&A Expenses | $146M |
| Other Expenses | $6M |
| Operating Expenses | $152M |
| Cost & Expenses | $520M |
| OPERATING INCOME | $112M |
| Interest Income | $406.0K |
| Interest Expense | $26M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $71M |
| D&A | $16M |
| EBIT | $124M |
| EBITDA | $140M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $71M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $57M |
| OPERATING CASH FLOW | $143M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $17M |
| NET CASH FROM INVESTING | -$236.0K |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | -$49M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$1.0K |
| NET CASH FROM FINANCING | -$108M |
| FREE CASH FLOW | $125M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $152M |
| Short-Term Investments | $0 |
| Net Receivables | $269M |
| Inventory | $418M |
| Other Current Assets | $56M |
| TOTAL CURRENT ASSETS | $895M |
| PP&E (Net) | $458M |
| Goodwill | $329M |
| Intangible Assets | $609M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $143M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $356M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $127M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $21M |
| Additional Paid-In Capital | $671M |
| Retained Earnings | $524M |
| Treasury Stock | -$913M |
| Accum. Other Comp. Income | -$76M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $228M |
| Minority Interest | $0 |
| TOTAL EQUITY | $228M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $1.7B |
| Net Debt | $1.5B |
