| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $578M | $509M | $515M | 13.7% | 12.4% |
| Op. Income | $61M | $59M | $53M | 2.6% | 15.6% |
| Gross Margin | 37.9% | 39.6% | 38.2% | -1.8pp | -0.4pp |
| Net Margin | 8.5% | 9.1% | 8.2% | -0.6pp | 0.3pp |
| EPS (Diluted) | $0.79 | $0.75 | $0.68 | 5.3% | 16.2% |
| Free Cash Flow | $6M | $13M | $48M | -58.1% | -88.3% |
| Item | Amount |
|---|---|
| REVENUE | $578M |
| Cost of Revenue | $359M |
| GROSS PROFIT | $219M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $146M |
| Other Expenses | $0 |
| Operating Expenses | $146M |
| Cost & Expenses | $518M |
| OPERATING INCOME | $61M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $10M |
| EBIT | $65M |
| EBITDA | $75M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $578M |
| Cost of Revenue | $359M |
| GROSS PROFIT | $219M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $146M |
| Other Expenses | $0 |
| Operating Expenses | $146M |
| Cost & Expenses | $518M |
| OPERATING INCOME | $61M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $10M |
| EBIT | $65M |
| EBITDA | $75M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $49M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$680.0K |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | $93.0K |
| Purchases of Investments | -$135M |
| Sales/Maturities of Investments | $82M |
| Other Investing Activities | $93.0K |
| NET CASH FROM INVESTING | -$91M |
| Net Debt Issuance | -$255.0K |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $12M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $171M |
| Short-Term Investments | $183M |
| Net Receivables | $1M |
| Inventory | $531M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $895M |
| PP&E (Net) | $801M |
| Goodwill | $445M |
| Intangible Assets | $231M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $130M |
| Short-Term Debt | $589.0K |
| Deferred Revenue | $14M |
| Other Current Liabilities | $36M |
| TOTAL CURRENT LIABILITIES | $298M |
| Long-Term Debt | $984.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $73M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $486M |
| TOTAL LIABILITIES | $784M |
| Common Stock | $67.0K |
| Additional Paid-In Capital | $714M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$386M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $501M |
| Net Debt | $330M |
