| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.8B | $5.6B | $5.8B | 3.5% | 0.3% |
| Op. Income | $403M | $419M | $409M | -3.8% | -1.6% |
| Gross Margin | 35.9% | 36.4% | 34.9% | -0.5pp | 0.9pp |
| Net Margin | 4.3% | 5.7% | 5.3% | -1.4pp | -1.0pp |
| EPS (Diluted) | $1.78 | $2.26 | $2.14 | -21.2% | -16.8% |
| Free Cash Flow | $203M | $190M | $109M | 6.4% | 85.2% |
| Item | Amount |
|---|---|
| REVENUE | $5.8B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.6B |
| Other Expenses | $97M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $5.4B |
| OPERATING INCOME | $403M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$78M |
| INCOME BEFORE TAX | $325M |
| Income Tax Expense | $76M |
| Net Income from Continuing Ops | $249M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $249M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $249M |
| D&A | $91M |
| EBIT | $343M |
| EBITDA | $433M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $5.8B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.6B |
| Other Expenses | $97M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $5.4B |
| OPERATING INCOME | $403M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$78M |
| INCOME BEFORE TAX | $325M |
| Income Tax Expense | $76M |
| Net Income from Continuing Ops | $249M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $249M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $249M |
| D&A | $91M |
| EBIT | $343M |
| EBITDA | $433M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $249M |
| Depreciation & Amortization | $91M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$190M |
| Other Non-Cash Items | $186M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $318M |
| Capital Expenditure | -$116M |
| Acquisitions (Net) | $72M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$135M |
| NET CASH FROM INVESTING | -$178M |
| Net Debt Issuance | -$646.0K |
| Common Stock Repurchased | -$38M |
| Common Dividends Paid | -$133M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$175M |
| FREE CASH FLOW | $203M |
| Net Change in Cash | -$52M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $0 |
| Net Receivables | $2.4B |
| Inventory | $4.7B |
| Other Current Assets | $1.6B |
| TOTAL CURRENT ASSETS | $9.8B |
| PP&E (Net) | $3.0B |
| Goodwill | $2.7B |
| Intangible Assets | $1.8B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $992M |
| TOTAL NON-CURRENT ASSETS | $8.5B |
| TOTAL ASSETS | $18.3B |
| Account Payables | $5.7B |
| Short-Term Debt | $845M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $8.6B |
| Long-Term Debt | $3.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $452M |
| Other Non-Current Liabilities | $727M |
| TOTAL NON-CURRENT LIABILITIES | $5.3B |
| TOTAL LIABILITIES | $13.9B |
| Common Stock | $139M |
| Additional Paid-In Capital | $179M |
| Retained Earnings | $5.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $15M |
| TOTAL EQUITY | $4.4B |
| TOTAL LIABILITIES & EQUITY | $18.3B |
| Total Debt | $4.9B |
| Net Debt | $3.9B |
