| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.5B | $1.6B | 15.6% | 8.1% |
| Op. Income | $318M | $246M | $301M | 29.3% | 5.4% |
| Gross Margin | 66.5% | 68.0% | 66.6% | -1.5pp | -0.1pp |
| Net Margin | 23.2% | 28.0% | 13.2% | -4.7pp | 10.1pp |
| EPS (Diluted) | $5.11 | $5.32 | $2.64 | -3.9% | 93.6% |
| Free Cash Flow | $311M | $565M | $196M | -44.9% | 58.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $575M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $771M |
| Other Expenses | $51M |
| Operating Expenses | $822M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $318M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $302M |
| Income Tax Expense | -$97M |
| Net Income from Continuing Ops | $399M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $399M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $399M |
| D&A | $51M |
| EBIT | $376M |
| EBITDA | $427M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $575M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $771M |
| Other Expenses | $51M |
| Operating Expenses | $822M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $318M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $302M |
| Income Tax Expense | -$97M |
| Net Income from Continuing Ops | $399M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $399M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $399M |
| D&A | $51M |
| EBIT | $376M |
| EBITDA | $427M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $399M |
| Depreciation & Amortization | $51M |
| Stock-Based Compensation | $30M |
| Deferred Income Tax | -$156M |
| Other Non-Cash Items | $25M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $335M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$102M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | -$95M |
| FREE CASH FLOW | $311M |
| Net Change in Cash | $165M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | $567M |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $500M |
| Goodwill | $2.9B |
| Intangible Assets | $410M |
| Long-Term Investments | $3M |
| Tax Assets | $263M |
| Other Non-Current Assets | $232M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $8.5B |
| Account Payables | $56M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2.8B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.0B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $27M |
| Deferred Tax Liabilities | $49M |
| Other Non-Current Liabilities | $331M |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $7.2B |
| Common Stock | $82.0K |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | $6.0B |
| Treasury Stock | -$7.0B |
| Accum. Other Comp. Income | -$88M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $8.5B |
| Total Debt | $2.9B |
| Net Debt | $967M |
