| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $275M | $278M | $250M | -1.3% | 9.8% |
| Op. Income | $84M | $98M | $74M | -13.6% | 13.4% |
| Gross Margin | 55.6% | 56.2% | 55.7% | -0.6pp | -0.1pp |
| Net Margin | 24.8% | 29.0% | 23.8% | -4.2pp | 0.9pp |
| EPS (Diluted) | $2.29 | $2.71 | $1.94 | -15.5% | 18.0% |
| Free Cash Flow | $76M | $106M | $54M | -28.3% | 40.1% |
| Item | Amount |
|---|---|
| REVENUE | $275M |
| Cost of Revenue | $122M |
| GROSS PROFIT | $153M |
| R&D Expenses | $0 |
| Selling & Marketing | $55M |
| General & Administrative | $11M |
| SG&A Expenses | $66M |
| Other Expenses | $2M |
| Operating Expenses | $68M |
| Cost & Expenses | $190M |
| OPERATING INCOME | $84M |
| Interest Income | $4M |
| Interest Expense | $2.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $9M |
| EBIT | $88M |
| EBITDA | $97M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $275M |
| Cost of Revenue | $122M |
| GROSS PROFIT | $153M |
| R&D Expenses | $0 |
| Selling & Marketing | $55M |
| General & Administrative | $11M |
| SG&A Expenses | $66M |
| Other Expenses | $2M |
| Operating Expenses | $68M |
| Cost & Expenses | $190M |
| OPERATING INCOME | $84M |
| Interest Income | $4M |
| Interest Expense | $2.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $9M |
| EBIT | $88M |
| EBITDA | $97M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $68M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$208.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $85M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$19M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$30M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$30M |
| FREE CASH FLOW | $76M |
| Net Change in Cash | $50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $196M |
| Short-Term Investments | $94M |
| Net Receivables | $137M |
| Inventory | $0 |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $444M |
| PP&E (Net) | $262M |
| Goodwill | $161M |
| Intangible Assets | $166M |
| Long-Term Investments | -$28M |
| Tax Assets | $28M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $591M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $30M |
| Short-Term Debt | $0 |
| Deferred Revenue | $10M |
| Other Current Liabilities | $58M |
| TOTAL CURRENT LIABILITIES | $160M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $28M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $116M |
| TOTAL LIABILITIES | $276M |
| Common Stock | $541.0K |
| Additional Paid-In Capital | $326M |
| Retained Earnings | $2.3B |
| Treasury Stock | -$1.9B |
| Accum. Other Comp. Income | -$113.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $759M |
| Minority Interest | $0 |
| TOTAL EQUITY | $759M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $97M |
| Net Debt | -$99M |
