| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $710M | $697M | $685M | 1.9% | 3.7% |
| Op. Income | $147M | $141M | $124M | 4.4% | 18.3% |
| Gross Margin | 30.8% | 31.1% | 28.6% | -0.3pp | 2.2pp |
| Net Margin | 15.7% | 15.5% | 14.5% | 0.3pp | 1.2pp |
| EPS (Diluted) | $11.63 | $11.23 | $10.37 | 3.6% | 12.2% |
| Free Cash Flow | $100M | $89M | $138M | 12.0% | -27.7% |
| Item | Amount |
|---|---|
| REVENUE | $710M |
| Cost of Revenue | $492M |
| GROSS PROFIT | $218M |
| R&D Expenses | $29M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $43M |
| Other Expenses | $0 |
| Operating Expenses | $72M |
| Cost & Expenses | $563M |
| OPERATING INCOME | $147M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $143M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $112M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $112M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $29M |
| EBIT | $159M |
| EBITDA | $188M |
| EPS | $12 |
| EPS Diluted | $12 |
| Item | Amount |
|---|---|
| REVENUE | $710M |
| Cost of Revenue | $492M |
| GROSS PROFIT | $218M |
| R&D Expenses | $29M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $43M |
| Other Expenses | $0 |
| Operating Expenses | $72M |
| Cost & Expenses | $563M |
| OPERATING INCOME | $147M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $143M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $112M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $112M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $29M |
| EBIT | $159M |
| EBITDA | $188M |
| EPS | $12 |
| EPS Diluted | $12 |
| Item | Amount |
|---|---|
| Net Income | $112M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $115M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$107M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$24M |
| Other Financing Activities | $78.0K |
| NET CASH FROM FINANCING | -$131M |
| FREE CASH FLOW | $100M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $88M |
| Short-Term Investments | $0 |
| Net Receivables | $496M |
| Inventory | $493M |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $833M |
| Goodwill | $380M |
| Intangible Assets | $384M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $438M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $271M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $420M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $264M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $2M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $1.2B |
| Net Debt | $1.2B |
