| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $444M | $426M | $400M | 4.2% | 10.8% |
| Op. Income | $42M | $48M | $22M | -13.6% | 93.0% |
| Gross Margin | 32.8% | 33.6% | 28.9% | -0.7pp | 3.9pp |
| Net Margin | 6.9% | 8.2% | 4.3% | -1.4pp | 2.5pp |
| EPS (Diluted) | $1.57 | $1.81 | $0.90 | -13.3% | 74.4% |
| Free Cash Flow | $38M | $43M | $33M | -11.3% | 16.6% |
| Item | Amount |
|---|---|
| REVENUE | $444M |
| Cost of Revenue | $298M |
| GROSS PROFIT | $146M |
| R&D Expenses | $0 |
| Selling & Marketing | $79M |
| General & Administrative | $23M |
| SG&A Expenses | $102M |
| Other Expenses | $2M |
| Operating Expenses | $104M |
| Cost & Expenses | $402M |
| OPERATING INCOME | $42M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$26.0K |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $17M |
| EBIT | $43M |
| EBITDA | $59M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $444M |
| Cost of Revenue | $298M |
| GROSS PROFIT | $146M |
| R&D Expenses | $0 |
| Selling & Marketing | $79M |
| General & Administrative | $23M |
| SG&A Expenses | $102M |
| Other Expenses | $2M |
| Operating Expenses | $104M |
| Cost & Expenses | $402M |
| OPERATING INCOME | $42M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$26.0K |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $17M |
| EBIT | $43M |
| EBITDA | $59M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $66M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | -$56M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$61M |
| FREE CASH FLOW | $38M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $50M |
| Short-Term Investments | $0 |
| Net Receivables | $198M |
| Inventory | $172M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $430M |
| PP&E (Net) | $475M |
| Goodwill | $185M |
| Intangible Assets | $184M |
| Long-Term Investments | $0 |
| Tax Assets | $39M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $886M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $91M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $175M |
| Long-Term Debt | $27M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $120M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $230M |
| TOTAL LIABILITIES | $404M |
| Common Stock | $115M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $807M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $912M |
| Minority Interest | $0 |
| TOTAL EQUITY | $912M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $122M |
| Net Debt | $72M |
