| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $744M | $725M | $690M | 2.6% | 7.7% |
| Op. Income | $405M | $401M | $371M | 1.0% | 9.3% |
| Gross Margin | 82.3% | 82.6% | 82.2% | -0.3pp | 0.1pp |
| Net Margin | 41.1% | 38.8% | 58.5% | 2.3pp | -17.4pp |
| EPS (Diluted) | $3.90 | $3.57 | $5.07 | 9.2% | -23.1% |
| Free Cash Flow | $416M | $415M | $385M | 0.3% | 8.1% |
| Item | Amount |
|---|---|
| REVENUE | $744M |
| Cost of Revenue | $132M |
| GROSS PROFIT | $612M |
| R&D Expenses | $38M |
| Selling & Marketing | $77M |
| General & Administrative | $44M |
| SG&A Expenses | $121M |
| Other Expenses | $47M |
| Operating Expenses | $207M |
| Cost & Expenses | $338M |
| OPERATING INCOME | $405M |
| Interest Income | $4M |
| Interest Expense | $46M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $363M |
| Income Tax Expense | $58M |
| Net Income from Continuing Ops | $306M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $306M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $306M |
| D&A | $53M |
| EBIT | $409M |
| EBITDA | $462M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $744M |
| Cost of Revenue | $132M |
| GROSS PROFIT | $612M |
| R&D Expenses | $38M |
| Selling & Marketing | $77M |
| General & Administrative | $44M |
| SG&A Expenses | $121M |
| Other Expenses | $47M |
| Operating Expenses | $207M |
| Cost & Expenses | $338M |
| OPERATING INCOME | $405M |
| Interest Income | $4M |
| Interest Expense | $46M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $363M |
| Income Tax Expense | $58M |
| Net Income from Continuing Ops | $306M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $306M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $306M |
| D&A | $53M |
| EBIT | $409M |
| EBITDA | $462M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $306M |
| Depreciation & Amortization | $53M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | $77M |
| OPERATING CASH FLOW | $431M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$778.0K |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | $25M |
| Common Stock Repurchased | -$374M |
| Common Dividends Paid | -$125M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$476M |
| FREE CASH FLOW | $416M |
| Net Change in Cash | -$92M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $406M |
| Short-Term Investments | $0 |
| Net Receivables | $821M |
| Inventory | $0 |
| Other Current Assets | $69M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $190M |
| Goodwill | $2.9B |
| Intangible Assets | $908M |
| Long-Term Investments | $0 |
| Tax Assets | $41M |
| Other Non-Current Assets | $48M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $15M |
| Short-Term Debt | $25M |
| Deferred Revenue | $1.1B |
| Other Current Liabilities | $193M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $4.5B |
| Deferred Revenue NC | $32M |
| Deferred Tax Liabilities | $48M |
| Other Non-Current Liabilities | $88M |
| TOTAL NON-CURRENT LIABILITIES | $4.8B |
| TOTAL LIABILITIES | $6.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $4.8B |
| Treasury Stock | -$7.3B |
| Accum. Other Comp. Income | -$71M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$940M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$940M |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $4.7B |
| Net Debt | $4.3B |
