| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.3B | $3.2B | $3.1B | 1.9% | 7.4% |
| Op. Income | $254M | $295M | $252M | -13.8% | 0.7% |
| Gross Margin | 27.6% | 28.8% | 27.8% | -1.2pp | -0.3pp |
| Net Margin | 5.2% | 6.4% | 6.0% | -1.2pp | -0.8pp |
| EPS (Diluted) | $2.01 | $2.44 | $2.11 | -17.6% | -4.7% |
| Free Cash Flow | $162M | $433M | $171M | -62.7% | -5.3% |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $904M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $569M |
| Other Expenses | $82M |
| Operating Expenses | $650M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $254M |
| Interest Income | $0 |
| Interest Expense | $50M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | $211M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $170M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $169M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $169M |
| D&A | $162M |
| EBIT | $261M |
| EBITDA | $423M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $904M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $569M |
| Other Expenses | $82M |
| Operating Expenses | $650M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $254M |
| Interest Income | $0 |
| Interest Expense | $50M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | $211M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $170M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $169M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $169M |
| D&A | $162M |
| EBIT | $261M |
| EBITDA | $423M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $170M |
| Depreciation & Amortization | $162M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | -$20M |
| Other Non-Cash Items | $58M |
| Change in Working Capital | -$119M |
| OPERATING CASH FLOW | $277M |
| Capital Expenditure | -$116M |
| Acquisitions (Net) | -$464M |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$579M |
| Net Debt Issuance | $1.4B |
| Common Stock Repurchased | -$75M |
| Common Dividends Paid | -$61M |
| Other Financing Activities | $304M |
| NET CASH FROM FINANCING | $1.5B |
| FREE CASH FLOW | $162M |
| Net Change in Cash | $1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $0 |
| Net Receivables | $2.2B |
| Inventory | $483M |
| Other Current Assets | $685M |
| TOTAL CURRENT ASSETS | $4.9B |
| PP&E (Net) | $3.0B |
| Goodwill | $6.5B |
| Intangible Assets | $3.5B |
| Long-Term Investments | $17M |
| Tax Assets | $0 |
| Other Non-Current Assets | $613M |
| TOTAL NON-CURRENT ASSETS | $13.7B |
| TOTAL ASSETS | $18.6B |
| Account Payables | $661M |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $403M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.4B |
| Long-Term Debt | $5.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $358M |
| Other Non-Current Liabilities | $528M |
| TOTAL NON-CURRENT LIABILITIES | $7.0B |
| TOTAL LIABILITIES | $10.4B |
| Common Stock | $8M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $8.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$113M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.2B |
| Minority Interest | $15M |
| TOTAL EQUITY | $8.2B |
| TOTAL LIABILITIES & EQUITY | $18.6B |
| Total Debt | $7.7B |
| Net Debt | $6.2B |
