| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $701M | $655M | $697M | 7.1% | 0.6% |
| Op. Income | $160M | $133M | $141M | 20.4% | 13.5% |
| Gross Margin | 33.7% | 31.7% | 31.1% | 1.9pp | 2.6pp |
| Net Margin | 18.0% | 16.9% | 15.5% | 1.1pp | 2.5pp |
| EPS (Diluted) | $13.26 | $11.56 | $11.23 | 14.7% | 18.1% |
| Free Cash Flow | $107M | $171M | $89M | -37.1% | 20.2% |
| Item | Amount |
|---|---|
| REVENUE | $701M |
| Cost of Revenue | $465M |
| GROSS PROFIT | $236M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $43M |
| Other Expenses | $0 |
| Operating Expenses | $76M |
| Cost & Expenses | $541M |
| OPERATING INCOME | $160M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $164M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $126M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $126M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $125M |
| D&A | $29M |
| EBIT | $175M |
| EBITDA | $204M |
| EPS | $13 |
| EPS Diluted | $13 |
| Item | Amount |
|---|---|
| REVENUE | $701M |
| Cost of Revenue | $465M |
| GROSS PROFIT | $236M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $43M |
| Other Expenses | $0 |
| Operating Expenses | $76M |
| Cost & Expenses | $541M |
| OPERATING INCOME | $160M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $164M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $126M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $126M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $125M |
| D&A | $29M |
| EBIT | $175M |
| EBITDA | $204M |
| EPS | $13 |
| EPS Diluted | $13 |
| Item | Amount |
|---|---|
| Net Income | $126M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $505.0K |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | $120M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $19M |
| Common Stock Repurchased | -$57M |
| Common Dividends Paid | -$26M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$68M |
| FREE CASH FLOW | $107M |
| Net Change in Cash | $41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $118M |
| Short-Term Investments | $0 |
| Net Receivables | $463M |
| Inventory | $490M |
| Other Current Assets | $52M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $810M |
| Goodwill | $380M |
| Intangible Assets | $364M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $555M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $250M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $396M |
| Long-Term Debt | $991M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $269M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $44M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $1.1B |
| Net Debt | $947M |
