| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $480M | — | $457M | — | 5.0% |
| Op. Income | $34M | — | $30M | — | 14.4% |
| Gross Margin | 30.5% | — | 30.1% | — | 0.3pp |
| Net Margin | 3.7% | — | -17.7% | — | 21.4pp |
| EPS (Diluted) | $0.56 | — | $-2.63 | — | 121.3% |
| Free Cash Flow | -$11M | — | $22M | — | -149.9% |
| Item | Amount |
|---|---|
| REVENUE | $480M |
| Cost of Revenue | $334M |
| GROSS PROFIT | $146M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $112M |
| Other Expenses | $0 |
| Operating Expenses | $112M |
| Cost & Expenses | $446M |
| OPERATING INCOME | $34M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $25M |
| EBIT | $31M |
| EBITDA | $56M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $480M |
| Cost of Revenue | $334M |
| GROSS PROFIT | $146M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $112M |
| Other Expenses | $0 |
| Operating Expenses | $112M |
| Cost & Expenses | $446M |
| OPERATING INCOME | $34M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $25M |
| EBIT | $31M |
| EBITDA | $56M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$22M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $7M |
| Purchases of Investments | -$70.0K |
| Sales/Maturities of Investments | -$7M |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $13M |
| Common Stock Repurchased | -$39.0K |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $1.0K |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $0 |
| Net Receivables | $282M |
| Inventory | $260M |
| Other Current Assets | $64M |
| TOTAL CURRENT ASSETS | $648M |
| PP&E (Net) | $342M |
| Goodwill | $698M |
| Intangible Assets | $160M |
| Long-Term Investments | $25M |
| Tax Assets | $2M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $114M |
| Short-Term Debt | $28M |
| Deferred Revenue | $37M |
| Other Current Liabilities | $144M |
| TOTAL CURRENT LIABILITIES | $395M |
| Long-Term Debt | $780M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $71M |
| Other Non-Current Liabilities | $60M |
| TOTAL NON-CURRENT LIABILITIES | $968M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $36M |
| Additional Paid-In Capital | $168M |
| Retained Earnings | $715M |
| Treasury Stock | -$219M |
| Accum. Other Comp. Income | -$174M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $526M |
| Minority Interest | -$387.0K |
| TOTAL EQUITY | $525M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $864M |
| Net Debt | $822M |
