| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $541M | $535M | $552M | 1.3% | -1.9% |
| Op. Income | $55M | $77M | $71M | -29.1% | -22.4% |
| Gross Margin | 26.6% | 25.4% | 23.2% | 1.2pp | 3.4pp |
| Net Margin | 3.6% | 8.7% | 4.8% | -5.1pp | -1.2pp |
| EPS (Diluted) | $0.61 | $1.44 | $0.82 | -57.6% | -25.6% |
| Free Cash Flow | $30M | $39M | $24M | -24.1% | 24.6% |
| Item | Amount |
|---|---|
| REVENUE | $541M |
| Cost of Revenue | $397M |
| GROSS PROFIT | $144M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $83M |
| Other Expenses | $0 |
| Operating Expenses | $89M |
| Cost & Expenses | $486M |
| OPERATING INCOME | $55M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $28M |
| EBIT | $50M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $541M |
| Cost of Revenue | $397M |
| GROSS PROFIT | $144M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $83M |
| Other Expenses | $0 |
| Operating Expenses | $89M |
| Cost & Expenses | $486M |
| OPERATING INCOME | $55M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $28M |
| EBIT | $50M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $34M |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | $50M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$400.0K |
| NET CASH FROM FINANCING | -$23M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $311M |
| Short-Term Investments | $6M |
| Net Receivables | $405M |
| Inventory | $333M |
| Other Current Assets | $59M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $974M |
| Goodwill | $913M |
| Intangible Assets | $225M |
| Long-Term Investments | $2M |
| Tax Assets | $17M |
| Other Non-Current Assets | $102M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $184M |
| Short-Term Debt | $94M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $176M |
| TOTAL CURRENT LIABILITIES | $454M |
| Long-Term Debt | $898M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $147M |
| Other Non-Current Liabilities | $151M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $5M |
| Additional Paid-In Capital | $517M |
| Retained Earnings | $2.4B |
| Treasury Stock | -$880M |
| Accum. Other Comp. Income | -$400M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $35M |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $991M |
| Net Debt | $681M |
