| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.4B | $2.4B | $2.2B | 1.1% | 8.7% |
| Op. Income | $491M | $540M | $338M | -9.2% | 45.1% |
| Gross Margin | 58.5% | 59.6% | 57.0% | -1.1pp | 1.5pp |
| Net Margin | 14.7% | 16.6% | 11.3% | -1.9pp | 3.4pp |
| EPS (Diluted) | $2.87 | $3.15 | $1.96 | -8.9% | 46.4% |
| Free Cash Flow | $122M | $298M | $227M | -59.0% | -46.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $995M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $910M |
| Other Expenses | $1M |
| Operating Expenses | $911M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $491M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $504M |
| Income Tax Expense | $153M |
| Net Income from Continuing Ops | $352M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $352M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $352M |
| D&A | $114M |
| EBIT | $491M |
| EBITDA | $604M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $995M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $910M |
| Other Expenses | $1M |
| Operating Expenses | $911M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $491M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $504M |
| Income Tax Expense | $153M |
| Net Income from Continuing Ops | $352M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $352M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $352M |
| D&A | $114M |
| EBIT | $491M |
| EBITDA | $604M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $352M |
| Depreciation & Amortization | $114M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$182M |
| OPERATING CASH FLOW | $301M |
| Capital Expenditure | -$178M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$130M |
| NET CASH FROM INVESTING | -$309M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$413M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $626.0K |
| NET CASH FROM FINANCING | -$412M |
| FREE CASH FLOW | $122M |
| Net Change in Cash | -$422M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $401M |
| Inventory | $1.8B |
| Other Current Assets | $68M |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $3.1B |
| Goodwill | $164M |
| Intangible Assets | $14M |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $233M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $7.1B |
| Account Payables | $386M |
| Short-Term Debt | $0 |
| Deferred Revenue | $238M |
| Other Current Liabilities | $358M |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $33M |
| Other Non-Current Liabilities | $37M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $585.0K |
| Additional Paid-In Capital | $610M |
| Retained Earnings | $3.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$320M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $7.1B |
| Total Debt | $1.5B |
| Net Debt | $326M |
