| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $364M | $423M | $345M | -14.1% | 5.5% |
| Op. Income | $134M | $108M | $118M | 23.9% | 13.6% |
| Gross Margin | 40.3% | 28.2% | 39.1% | 12.2pp | 1.2pp |
| Net Margin | 35.4% | 20.2% | 28.9% | 15.3pp | 6.5pp |
| EPS (Diluted) | $2.47 | $1.64 | $1.93 | 50.6% | 28.0% |
| Free Cash Flow | $64M | $32M | $110M | 100.4% | -41.5% |
| Item | Amount |
|---|---|
| REVENUE | $364M |
| Cost of Revenue | $217M |
| GROSS PROFIT | $147M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $190.0K |
| Operating Expenses | $13M |
| Cost & Expenses | $230M |
| OPERATING INCOME | $134M |
| Interest Income | $8M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $129M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $129M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $129M |
| D&A | $26M |
| EBIT | $153M |
| EBITDA | $179M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $364M |
| Cost of Revenue | $217M |
| GROSS PROFIT | $147M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $190.0K |
| Operating Expenses | $13M |
| Cost & Expenses | $230M |
| OPERATING INCOME | $134M |
| Interest Income | $8M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $129M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $129M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $129M |
| D&A | $26M |
| EBIT | $153M |
| EBITDA | $179M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $129M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $508.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $84M |
| OPERATING CASH FLOW | $245M |
| Capital Expenditure | -$181M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$182M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$221.0K |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $64M |
| Net Change in Cash | $51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $738M |
| Short-Term Investments | $9M |
| Net Receivables | $110M |
| Inventory | $184M |
| Other Current Assets | $26M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $1.3B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $36M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $148M |
| Long-Term Debt | $153M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $75M |
| Other Non-Current Liabilities | $99M |
| TOTAL NON-CURRENT LIABILITIES | $335M |
| TOTAL LIABILITIES | $483M |
| Common Stock | $542.0K |
| Additional Paid-In Capital | $279M |
| Retained Earnings | $1.6B |
| Treasury Stock | -$51M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $173M |
| Net Debt | -$565M |
