| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $677M | — | $720M | — | -5.9% |
| Op. Income | $123M | — | $138M | — | -10.8% |
| Gross Margin | 26.6% | — | 26.9% | — | -0.4pp |
| Net Margin | 14.1% | — | 13.4% | — | 0.7pp |
| EPS (Diluted) | $0.94 | — | $0.91 | — | 3.3% |
| Free Cash Flow | $38M | — | $89M | — | -57.0% |
| Item | Amount |
|---|---|
| REVENUE | $677M |
| Cost of Revenue | $497M |
| GROSS PROFIT | $180M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $57M |
| Other Expenses | -$9M |
| Operating Expenses | $56M |
| Cost & Expenses | $554M |
| OPERATING INCOME | $123M |
| Interest Income | $11M |
| Interest Expense | $4M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $125M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | -$2.0K |
| BOTTOM LINE NET INCOME | $94M |
| D&A | $94M |
| EBIT | $130M |
| EBITDA | $224M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $677M |
| Cost of Revenue | $497M |
| GROSS PROFIT | $180M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $57M |
| Other Expenses | -$9M |
| Operating Expenses | $56M |
| Cost & Expenses | $554M |
| OPERATING INCOME | $123M |
| Interest Income | $11M |
| Interest Expense | $4M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $125M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | -$2.0K |
| BOTTOM LINE NET INCOME | $94M |
| D&A | $94M |
| EBIT | $130M |
| EBITDA | $224M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $95M |
| Depreciation & Amortization | $94M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $175M |
| Capital Expenditure | -$136M |
| Acquisitions (Net) | -$250.0K |
| Purchases of Investments | -$47M |
| Sales/Maturities of Investments | $58M |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | -$113M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$47M |
| Common Dividends Paid | -$42M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$99M |
| FREE CASH FLOW | $38M |
| Net Change in Cash | -$37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $214M |
| Short-Term Investments | $84M |
| Net Receivables | $436M |
| Inventory | $101M |
| Other Current Assets | $153M |
| TOTAL CURRENT ASSETS | $989M |
| PP&E (Net) | $3.0B |
| Goodwill | $46M |
| Intangible Assets | $59M |
| Long-Term Investments | $263M |
| Tax Assets | $510M |
| Other Non-Current Assets | -$478M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $157M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $42M |
| TOTAL CURRENT LIABILITIES | $469M |
| Long-Term Debt | $545M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $510M |
| Other Non-Current Liabilities | $137M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $11M |
| Additional Paid-In Capital | $507M |
| Retained Earnings | $2.7B |
| Treasury Stock | -$494M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $545M |
| Net Debt | $331M |
