| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.7B | $1.3B | 4.0% | 35.7% |
| Op. Income | $306M | $323M | $272M | -5.5% | 12.4% |
| Gross Margin | 27.5% | 30.0% | 29.9% | -2.5pp | -2.4pp |
| Net Margin | 12.4% | 14.1% | 8.1% | -1.7pp | 4.3pp |
| EPS (Diluted) | $1.48 | $1.60 | $0.71 | -7.5% | 108.5% |
| Free Cash Flow | -$120M | $67M | -$36M | -277.9% | -234.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $476M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $165M |
| SG&A Expenses | $165M |
| Other Expenses | $5M |
| Operating Expenses | $170M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $306M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $281M |
| Income Tax Expense | $66M |
| Net Income from Continuing Ops | $215M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $215M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $215M |
| D&A | $71M |
| EBIT | $306M |
| EBITDA | $376M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $476M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $165M |
| SG&A Expenses | $165M |
| Other Expenses | $5M |
| Operating Expenses | $170M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $306M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $281M |
| Income Tax Expense | $66M |
| Net Income from Continuing Ops | $215M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $215M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $215M |
| D&A | $71M |
| EBIT | $306M |
| EBITDA | $376M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $215M |
| Depreciation & Amortization | $71M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | -$170M |
| OPERATING CASH FLOW | $121M |
| Capital Expenditure | -$240M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$266M |
| Net Debt Issuance | $152M |
| Common Stock Repurchased | -$51M |
| Common Dividends Paid | -$41M |
| Other Financing Activities | -$600.0K |
| NET CASH FROM FINANCING | $60M |
| FREE CASH FLOW | -$120M |
| Net Change in Cash | -$85M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $78M |
| Short-Term Investments | $0 |
| Net Receivables | $766M |
| Inventory | $1.2B |
| Other Current Assets | $83M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $3.5B |
| Goodwill | $1.1B |
| Intangible Assets | $337M |
| Long-Term Investments | $55M |
| Tax Assets | $0 |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $7.0B |
| Account Payables | $835M |
| Short-Term Debt | $349M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $139M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $260M |
| Other Non-Current Liabilities | $247M |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $5.4B |
| Common Stock | $151M |
| Additional Paid-In Capital | -$536M |
| Retained Earnings | $2.5B |
| Treasury Stock | -$479M |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $7.0B |
| Total Debt | $3.6B |
| Net Debt | $3.6B |
