| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $658M | $728M | — | -9.6% | — |
| Op. Income | $89M | $161M | — | -44.7% | — |
| Gross Margin | 24.3% | 29.4% | — | -5.1pp | — |
| Net Margin | 9.0% | 16.2% | — | -7.2pp | — |
| EPS (Diluted) | $0.82 | $1.63 | — | -49.7% | — |
| Free Cash Flow | $95M | $139M | — | -31.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $658M |
| Cost of Revenue | $498M |
| GROSS PROFIT | $160M |
| R&D Expenses | $8M |
| Selling & Marketing | $25M |
| General & Administrative | $41M |
| SG&A Expenses | $66M |
| Other Expenses | -$3M |
| Operating Expenses | $71M |
| Cost & Expenses | $569M |
| OPERATING INCOME | $89M |
| Interest Income | $8M |
| Interest Expense | $5M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $31M |
| EBIT | $91M |
| EBITDA | $122M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $658M |
| Cost of Revenue | $498M |
| GROSS PROFIT | $160M |
| R&D Expenses | $8M |
| Selling & Marketing | $25M |
| General & Administrative | $41M |
| SG&A Expenses | $66M |
| Other Expenses | -$3M |
| Operating Expenses | $71M |
| Cost & Expenses | $569M |
| OPERATING INCOME | $89M |
| Interest Income | $8M |
| Interest Expense | $5M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $31M |
| EBIT | $91M |
| EBITDA | $122M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $59M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $31M |
| Change in Working Capital | $37M |
| OPERATING CASH FLOW | $159M |
| Capital Expenditure | -$64M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$64M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | $95M |
| Net Change in Cash | $62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $222M |
| Short-Term Investments | $0 |
| Net Receivables | $155M |
| Inventory | $378M |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $778M |
| PP&E (Net) | $1.6B |
| Goodwill | $19M |
| Intangible Assets | $32M |
| Long-Term Investments | $5M |
| Tax Assets | $11M |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $141M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $274M |
| Long-Term Debt | $347M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $162M |
| Other Non-Current Liabilities | $72M |
| TOTAL NON-CURRENT LIABILITIES | $606M |
| TOTAL LIABILITIES | $880M |
| Common Stock | $88M |
| Additional Paid-In Capital | $465M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$386M |
| Accum. Other Comp. Income | -$89M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $378M |
| Net Debt | $156M |
