| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.8B | $1.6B | -10.7% | 0.2% |
| Op. Income | $225M | $306M | $234M | -26.5% | -3.6% |
| Gross Margin | 37.6% | 40.2% | 37.4% | -2.5pp | 0.2pp |
| Net Margin | 10.1% | 12.0% | 10.4% | -1.9pp | -0.2pp |
| EPS (Diluted) | $0.60 | $0.80 | $0.62 | -25.0% | -3.2% |
| Free Cash Flow | $78M | $373M | $76M | -79.0% | 2.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $604M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $379M |
| Other Expenses | $0 |
| Operating Expenses | $379M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $225M |
| Interest Income | $0 |
| Interest Expense | $49M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $204M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $162M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $162M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $162M |
| D&A | $54M |
| EBIT | $235M |
| EBITDA | $289M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $604M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $379M |
| Other Expenses | $0 |
| Operating Expenses | $379M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $225M |
| Interest Income | $0 |
| Interest Expense | $49M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $204M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $162M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $162M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $162M |
| D&A | $54M |
| EBIT | $235M |
| EBITDA | $289M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $162M |
| Depreciation & Amortization | $54M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | -$102M |
| OPERATING CASH FLOW | $116M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | -$37M |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | -$121M |
| Other Financing Activities | $20M |
| NET CASH FROM FINANCING | -$155M |
| FREE CASH FLOW | $78M |
| Net Change in Cash | -$83M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $103M |
| Short-Term Investments | $0 |
| Net Receivables | $517M |
| Inventory | $1.2B |
| Other Current Assets | $147M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $1.4B |
| Goodwill | $5.2B |
| Intangible Assets | $3.3B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $980M |
| TOTAL NON-CURRENT ASSETS | $10.9B |
| TOTAL ASSETS | $12.9B |
| Account Payables | $1.2B |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $3.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $830M |
| Other Non-Current Liabilities | $423M |
| TOTAL NON-CURRENT LIABILITIES | $4.3B |
| TOTAL LIABILITIES | $7.5B |
| Common Stock | $2.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $3.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$525M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.4B |
| Minority Interest | $27M |
| TOTAL EQUITY | $5.4B |
| TOTAL LIABILITIES & EQUITY | $12.9B |
| Total Debt | $4.3B |
| Net Debt | $4.2B |
