| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $758M | — | $722M | — | 5.0% |
| Op. Income | $61M | — | $75M | — | -18.2% |
| Gross Margin | 32.0% | — | 33.8% | — | -1.8pp |
| Net Margin | 4.2% | — | 6.2% | — | -2.0pp |
| EPS (Diluted) | $1.37 | — | $1.98 | — | -30.8% |
| Free Cash Flow | $71M | — | $31M | — | 131.5% |
| Item | Amount |
|---|---|
| REVENUE | $758M |
| Cost of Revenue | $516M |
| GROSS PROFIT | $242M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $181M |
| Operating Expenses | $181M |
| Cost & Expenses | $697M |
| OPERATING INCOME | $61M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $11M |
| EBIT | $61M |
| EBITDA | $72M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $758M |
| Cost of Revenue | $516M |
| GROSS PROFIT | $242M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $181M |
| Operating Expenses | $181M |
| Cost & Expenses | $697M |
| OPERATING INCOME | $61M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $11M |
| EBIT | $61M |
| EBITDA | $72M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $32M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$558.0K |
| Change in Working Capital | $37M |
| OPERATING CASH FLOW | $86M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $239.0K |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$44M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $800.0K |
| NET CASH FROM FINANCING | -$45M |
| FREE CASH FLOW | $71M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $242M |
| Short-Term Investments | $0 |
| Net Receivables | $113M |
| Inventory | $880M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $673M |
| Goodwill | $590M |
| Intangible Assets | $38M |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $46M |
| Short-Term Debt | $735M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $145M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $364M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $73M |
| TOTAL NON-CURRENT LIABILITIES | $562M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $30.0K |
| Additional Paid-In Capital | $342M |
| Retained Earnings | $774M |
| Treasury Stock | -$151M |
| Accum. Other Comp. Income | $2M |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $968M |
| Minority Interest | $9M |
| TOTAL EQUITY | $977M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $1.2B |
| Net Debt | $992M |
