| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $643M | $697M | $623M | -7.8% | 3.3% |
| Op. Income | $129M | $216M | $129M | -40.3% | -0.1% |
| Gross Margin | 25.2% | 35.8% | 25.6% | -10.5pp | -0.3pp |
| Net Margin | 23.3% | 22.7% | 21.7% | 0.6pp | 1.6pp |
| EPS (Diluted) | $1.03 | $1.09 | $0.92 | -5.5% | 12.0% |
| Free Cash Flow | $146M | $40M | $106M | 263.6% | 37.6% |
| Item | Amount |
|---|---|
| REVENUE | $643M |
| Cost of Revenue | $481M |
| GROSS PROFIT | $162M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $33M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $514M |
| OPERATING INCOME | $129M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | $145M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $150M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $150M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $150M |
| D&A | $83M |
| EBIT | $129M |
| EBITDA | $212M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $643M |
| Cost of Revenue | $481M |
| GROSS PROFIT | $162M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $33M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $514M |
| OPERATING INCOME | $129M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | $145M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $150M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $150M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $150M |
| D&A | $83M |
| EBIT | $129M |
| EBITDA | $212M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $150M |
| Depreciation & Amortization | $83M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$56M |
| Other Non-Cash Items | -$27M |
| Change in Working Capital | $127M |
| OPERATING CASH FLOW | $287M |
| Capital Expenditure | -$141M |
| Acquisitions (Net) | $24M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $19M |
| NET CASH FROM INVESTING | -$98M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | -$56M |
| Other Financing Activities | -$12.0K |
| NET CASH FROM FINANCING | -$71M |
| FREE CASH FLOW | $146M |
| Net Change in Cash | $118M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $368M |
| Short-Term Investments | $0 |
| Net Receivables | $549M |
| Inventory | $0 |
| Other Current Assets | $152M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $4.1B |
| Goodwill | $0 |
| Intangible Assets | $10M |
| Long-Term Investments | $208.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $286M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $5.5B |
| Account Payables | $395M |
| Short-Term Debt | $0 |
| Deferred Revenue | $20M |
| Other Current Liabilities | $128M |
| TOTAL CURRENT LIABILITIES | $642M |
| Long-Term Debt | $586M |
| Deferred Revenue NC | $74M |
| Deferred Tax Liabilities | $214M |
| Other Non-Current Liabilities | $55M |
| TOTAL NON-CURRENT LIABILITIES | $945M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | $541M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $612M |
| Net Debt | $244M |
