| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $212M | $195M | $203M | 8.8% | 4.2% |
| Op. Income | $92M | $81M | $95M | 14.1% | -3.4% |
| Gross Margin | 71.7% | 67.9% | 73.5% | 3.8pp | -1.8pp |
| Net Margin | 34.3% | 35.8% | 36.2% | -1.5pp | -1.9pp |
| EPS (Diluted) | $1.92 | $1.84 | $1.96 | 4.3% | -2.0% |
| Free Cash Flow | -$20M | $128M | -$3M | -115.7% | -494.9% |
| Item | Amount |
|---|---|
| REVENUE | $212M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $152M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $60M |
| Operating Expenses | $60M |
| Cost & Expenses | $120M |
| OPERATING INCOME | $92M |
| Interest Income | $6M |
| Interest Expense | $316.0K |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $20M |
| EBIT | $97M |
| EBITDA | $117M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $212M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $152M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $60M |
| Operating Expenses | $60M |
| Cost & Expenses | $120M |
| OPERATING INCOME | $92M |
| Interest Income | $6M |
| Interest Expense | $316.0K |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $20M |
| EBIT | $97M |
| EBITDA | $117M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $73M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$105M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$14M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$29M |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | -$53M |
| FREE CASH FLOW | -$20M |
| Net Change in Cash | -$77M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $377M |
| Short-Term Investments | $72M |
| Net Receivables | $650M |
| Inventory | $0 |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $169M |
| Goodwill | $237M |
| Intangible Assets | $114M |
| Long-Term Investments | $64M |
| Tax Assets | $0 |
| Other Non-Current Assets | $87M |
| TOTAL NON-CURRENT ASSETS | $670M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $33M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $502M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $107M |
| TOTAL LIABILITIES | $609M |
| Common Stock | $123.0K |
| Additional Paid-In Capital | $328M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$269M |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $78M |
| Net Debt | -$299M |
