| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $535M | $525M | $546M | 1.9% | -2.1% |
| Op. Income | $77M | $69M | $63M | 11.7% | 22.5% |
| Gross Margin | 25.4% | 23.9% | 22.1% | 1.5pp | 3.3pp |
| Net Margin | 8.7% | 7.6% | 6.8% | 1.1pp | 2.0pp |
| EPS (Diluted) | $1.44 | $1.22 | $1.14 | 18.0% | 26.3% |
| Free Cash Flow | $39M | $73M | $9M | -45.9% | 323.7% |
| Item | Amount |
|---|---|
| REVENUE | $535M |
| Cost of Revenue | $399M |
| GROSS PROFIT | $136M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $53M |
| Other Expenses | $0 |
| Operating Expenses | $59M |
| Cost & Expenses | $457M |
| OPERATING INCOME | $77M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $27M |
| EBIT | $75M |
| EBITDA | $102M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $535M |
| Cost of Revenue | $399M |
| GROSS PROFIT | $136M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $53M |
| Other Expenses | $0 |
| Operating Expenses | $59M |
| Cost & Expenses | $457M |
| OPERATING INCOME | $77M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $27M |
| EBIT | $75M |
| EBITDA | $102M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $56M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $100.0K |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$13M |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$32M |
| FREE CASH FLOW | $39M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $316M |
| Short-Term Investments | $4M |
| Net Receivables | $396M |
| Inventory | $326M |
| Other Current Assets | $59M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $977M |
| Goodwill | $913M |
| Intangible Assets | $228M |
| Long-Term Investments | $2M |
| Tax Assets | $15M |
| Other Non-Current Assets | $103M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $195M |
| Short-Term Debt | $97M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $150M |
| TOTAL CURRENT LIABILITIES | $442M |
| Long-Term Debt | $904M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $143M |
| Other Non-Current Liabilities | $154M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $5M |
| Additional Paid-In Capital | $504M |
| Retained Earnings | $2.4B |
| Treasury Stock | -$860M |
| Accum. Other Comp. Income | -$391M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $35M |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $1.0B |
| Net Debt | $686M |
