| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $558M | $535M | $612M | 4.3% | -8.7% |
| Op. Income | $66M | $55M | $92M | 19.2% | -28.8% |
| Gross Margin | 37.1% | 35.1% | 38.4% | 2.0pp | -1.3pp |
| Net Margin | 8.1% | 9.0% | 11.4% | -0.9pp | -3.3pp |
| EPS (Diluted) | $1.82 | $1.93 | $2.79 | -5.7% | -34.8% |
| Free Cash Flow | $50M | $42M | $82M | 20.9% | -39.0% |
| Item | Amount |
|---|---|
| REVENUE | $558M |
| Cost of Revenue | $351M |
| GROSS PROFIT | $207M |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $93M |
| Other Expenses | $21M |
| Operating Expenses | $141M |
| Cost & Expenses | $493M |
| OPERATING INCOME | $66M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $33M |
| EBIT | $71M |
| EBITDA | $104M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $558M |
| Cost of Revenue | $351M |
| GROSS PROFIT | $207M |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $93M |
| Other Expenses | $21M |
| Operating Expenses | $141M |
| Cost & Expenses | $493M |
| OPERATING INCOME | $66M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $33M |
| EBIT | $71M |
| EBITDA | $104M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $69M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $933.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | -$997.0K |
| NET CASH FROM FINANCING | -$46M |
| FREE CASH FLOW | $50M |
| Net Change in Cash | -$424.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $562M |
| Short-Term Investments | $971.0K |
| Net Receivables | $324M |
| Inventory | $451M |
| Other Current Assets | $126M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $532M |
| Goodwill | $1.3B |
| Intangible Assets | $566M |
| Long-Term Investments | $23M |
| Tax Assets | $11M |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $3.9B |
| Account Payables | $176M |
| Short-Term Debt | $68M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $68M |
| TOTAL CURRENT LIABILITIES | $418M |
| Long-Term Debt | $796M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $96M |
| Other Non-Current Liabilities | $100M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $262.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $1.8B |
| Treasury Stock | -$305M |
| Accum. Other Comp. Income | -$107M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $358.0K |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $924M |
| Net Debt | $362M |
