| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $525M | $541M | $548M | -3.0% | -4.2% |
| Op. Income | $79M | $55M | $77M | 44.5% | 2.9% |
| Gross Margin | 25.8% | 26.6% | 24.3% | -0.8pp | 1.5pp |
| Net Margin | 8.9% | 3.6% | -3.5% | 5.3pp | 12.4pp |
| EPS (Diluted) | $1.45 | $0.61 | $-0.59 | 137.7% | 345.8% |
| Free Cash Flow | $35M | $30M | $34M | 18.1% | 3.8% |
| Item | Amount |
|---|---|
| REVENUE | $525M |
| Cost of Revenue | $390M |
| GROSS PROFIT | $135M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $50M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $446M |
| OPERATING INCOME | $79M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $61M |
| 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 | $74M |
| EBITDA | $100M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $525M |
| Cost of Revenue | $390M |
| GROSS PROFIT | $135M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $50M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $446M |
| OPERATING INCOME | $79M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $61M |
| 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 | $74M |
| EBITDA | $100M |
| 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 | -$19M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $60M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | -$23M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$600.0K |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | $35M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $317M |
| Short-Term Investments | $7M |
| Net Receivables | $413M |
| Inventory | $342M |
| Other Current Assets | $62M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $994M |
| Goodwill | $914M |
| Intangible Assets | $222M |
| Long-Term Investments | $0 |
| Tax Assets | $18M |
| Other Non-Current Assets | $105M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $190M |
| Short-Term Debt | $88M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $186M |
| TOTAL CURRENT LIABILITIES | $464M |
| Long-Term Debt | $895M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $137M |
| Other Non-Current Liabilities | $153M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $5M |
| Additional Paid-In Capital | $521M |
| Retained Earnings | $2.5B |
| Treasury Stock | -$903M |
| Accum. Other Comp. Income | -$381M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $39M |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $983M |
| Net Debt | $666M |
