| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $725M | $710M | $667M | 2.1% | 8.7% |
| Op. Income | $170M | $147M | $132M | 15.4% | 28.0% |
| Gross Margin | 33.6% | 30.8% | 30.2% | 2.9pp | 3.4pp |
| Net Margin | 18.3% | 15.7% | 16.7% | 2.5pp | 1.6pp |
| EPS (Diluted) | $13.79 | $11.63 | $11.60 | 18.6% | 18.9% |
| Free Cash Flow | $102M | $100M | $134M | 2.4% | -23.6% |
| Item | Amount |
|---|---|
| REVENUE | $725M |
| Cost of Revenue | $481M |
| GROSS PROFIT | $244M |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $74M |
| Cost & Expenses | $555M |
| OPERATING INCOME | $170M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$352.0K |
| INCOME BEFORE TAX | $169M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $30M |
| EBIT | $183M |
| EBITDA | $213M |
| EPS | $14 |
| EPS Diluted | $14 |
| Item | Amount |
|---|---|
| REVENUE | $725M |
| Cost of Revenue | $481M |
| GROSS PROFIT | $244M |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $74M |
| Cost & Expenses | $555M |
| OPERATING INCOME | $170M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$352.0K |
| INCOME BEFORE TAX | $169M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $30M |
| EBIT | $183M |
| EBITDA | $213M |
| EPS | $14 |
| EPS Diluted | $14 |
| Item | Amount |
|---|---|
| Net Income | $132M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$41M |
| OPERATING CASH FLOW | $117M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$88M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$24M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$113M |
| FREE CASH FLOW | $102M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80M |
| Short-Term Investments | $0 |
| Net Receivables | $488M |
| Inventory | $534M |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $829M |
| Goodwill | $380M |
| Intangible Assets | $377M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $443M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $259M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $402M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $257M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $3M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $1.2B |
| Net Debt | $1.1B |
