| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $724M | $658M | — | 10.0% | — |
| Op. Income | $145M | $89M | — | 62.9% | — |
| Gross Margin | 29.4% | 24.3% | — | 5.1pp | — |
| Net Margin | 14.9% | 9.0% | — | 6.0pp | — |
| EPS (Diluted) | $1.48 | $0.82 | — | 80.5% | — |
| Free Cash Flow | $64M | $95M | — | -32.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $724M |
| Cost of Revenue | $511M |
| GROSS PROFIT | $213M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $68M |
| Operating Expenses | $68M |
| Cost & Expenses | $579M |
| OPERATING INCOME | $145M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $149M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $31M |
| EBIT | $144M |
| EBITDA | $175M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $724M |
| Cost of Revenue | $511M |
| GROSS PROFIT | $213M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $68M |
| Operating Expenses | $68M |
| Cost & Expenses | $579M |
| OPERATING INCOME | $145M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $149M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $31M |
| EBIT | $144M |
| EBITDA | $175M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $108M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$47M |
| OPERATING CASH FLOW | $105M |
| Capital Expenditure | -$41M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$39M |
| FREE CASH FLOW | $64M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $244M |
| Short-Term Investments | $0 |
| Net Receivables | $180M |
| Inventory | $398M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $842M |
| PP&E (Net) | $1.6B |
| Goodwill | $19M |
| Intangible Assets | $31M |
| Long-Term Investments | $6M |
| Tax Assets | $5M |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $242M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $253M |
| Long-Term Debt | $347M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $162M |
| Other Non-Current Liabilities | $83M |
| TOTAL NON-CURRENT LIABILITIES | $616M |
| TOTAL LIABILITIES | $869M |
| Common Stock | $88M |
| Additional Paid-In Capital | $465M |
| Retained Earnings | $1.6B |
| Treasury Stock | -$386M |
| Accum. Other Comp. Income | -$104M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $371M |
| Net Debt | $127M |
