| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $655M | $725M | $643M | -9.7% | 1.8% |
| Op. Income | $133M | $170M | $101M | -21.7% | 31.0% |
| Gross Margin | 31.7% | 33.6% | 27.5% | -1.9pp | 4.2pp |
| Net Margin | 16.9% | 18.3% | 12.5% | -1.3pp | 4.4pp |
| EPS (Diluted) | $11.56 | $13.79 | $8.38 | -16.2% | 37.9% |
| Free Cash Flow | $171M | $102M | $158M | 66.6% | 7.9% |
| Item | Amount |
|---|---|
| REVENUE | $655M |
| Cost of Revenue | $447M |
| GROSS PROFIT | $208M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $75M |
| Cost & Expenses | $522M |
| OPERATING INCOME | $133M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $134M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $110M |
| D&A | $32M |
| EBIT | $146M |
| EBITDA | $178M |
| EPS | $12 |
| EPS Diluted | $12 |
| Item | Amount |
|---|---|
| REVENUE | $655M |
| Cost of Revenue | $447M |
| GROSS PROFIT | $208M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $75M |
| Cost & Expenses | $522M |
| OPERATING INCOME | $133M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $134M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $110M |
| D&A | $32M |
| EBIT | $146M |
| EBITDA | $178M |
| EPS | $12 |
| EPS Diluted | $12 |
| Item | Amount |
|---|---|
| Net Income | $111M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | $59M |
| OPERATING CASH FLOW | $185M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$114M |
| Common Stock Repurchased | -$32M |
| Common Dividends Paid | -$24M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$171M |
| FREE CASH FLOW | $171M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $77M |
| Short-Term Investments | $0 |
| Net Receivables | $395M |
| Inventory | $505M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $840M |
| Goodwill | $380M |
| Intangible Assets | $371M |
| Long-Term Investments | $3M |
| Tax Assets | $2M |
| Other Non-Current Assets | $505M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $226M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $44M |
| TOTAL CURRENT LIABILITIES | $374M |
| Long-Term Debt | $971M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $163M |
| Other Non-Current Liabilities | $87M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $1.1B |
| Net Debt | $982M |
