| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.4B | -2.8% | -18.3% |
| Op. Income | $60M | $75M | $101M | -19.6% | -40.8% |
| Gross Margin | 20.7% | 21.0% | 21.4% | -0.3pp | -0.8pp |
| Net Margin | 4.0% | 4.8% | 5.4% | -0.8pp | -1.4pp |
| EPS (Diluted) | $1.32 | $1.62 | $2.17 | -18.5% | -39.2% |
| Free Cash Flow | $85M | $80M | $133M | 6.7% | -36.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $932M |
| GROSS PROFIT | $243M |
| R&D Expenses | $0 |
| Selling & Marketing | $97M |
| General & Administrative | $56M |
| SG&A Expenses | $154M |
| Other Expenses | $29M |
| Operating Expenses | $183M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $60M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $14M |
| EBIT | $60M |
| EBITDA | $74M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $932M |
| GROSS PROFIT | $243M |
| R&D Expenses | $0 |
| Selling & Marketing | $97M |
| General & Administrative | $56M |
| SG&A Expenses | $154M |
| Other Expenses | $29M |
| Operating Expenses | $183M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $60M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $14M |
| EBIT | $60M |
| EBITDA | $74M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $29M |
| OPERATING CASH FLOW | $94M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $20M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$17M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$83M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$103M |
| FREE CASH FLOW | $85M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $468M |
| Short-Term Investments | $63M |
| Net Receivables | $724M |
| Inventory | $0 |
| Other Current Assets | $56M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $281M |
| Goodwill | $42M |
| Intangible Assets | $0 |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $104M |
| TOTAL NON-CURRENT ASSETS | $435M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $384M |
| Short-Term Debt | $52M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $86M |
| TOTAL CURRENT LIABILITIES | $590M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $99M |
| TOTAL NON-CURRENT LIABILITIES | $138M |
| TOTAL LIABILITIES | $728M |
| Common Stock | $685.0K |
| Additional Paid-In Capital | $254M |
| Retained Earnings | $2.8B |
| Treasury Stock | -$2.0B |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $118M |
| Net Debt | -$349M |
