| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.3B | 1.7% | 6.4% |
| Op. Income | $221M | $246M | $237M | -10.2% | -6.8% |
| Gross Margin | 47.9% | 49.9% | 50.9% | -2.0pp | -2.9pp |
| Net Margin | 12.0% | 14.3% | 13.9% | -2.3pp | -1.9pp |
| EPS (Diluted) | $1.38 | $1.61 | $1.44 | -14.3% | -4.2% |
| Free Cash Flow | $678M | $596M | $664M | 13.8% | 2.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $716M |
| GROSS PROFIT | $659M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $256M |
| SG&A Expenses | $256M |
| Other Expenses | $182M |
| Operating Expenses | $438M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $221M |
| Interest Income | $1.2B |
| Interest Expense | $270M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $221M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $165M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $165M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $165M |
| D&A | $66M |
| EBIT | $221M |
| EBITDA | $287M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $716M |
| GROSS PROFIT | $659M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $256M |
| SG&A Expenses | $256M |
| Other Expenses | $182M |
| Operating Expenses | $438M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $221M |
| Interest Income | $1.2B |
| Interest Expense | $270M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $221M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $165M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $165M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $165M |
| D&A | $66M |
| EBIT | $221M |
| EBITDA | $287M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $165M |
| Depreciation & Amortization | $66M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $434M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $678M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$51M |
| Sales/Maturities of Investments | $50M |
| Other Investing Activities | -$709M |
| NET CASH FROM INVESTING | -$710M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | -$48M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$190M |
| FREE CASH FLOW | $678M |
| Net Change in Cash | -$222M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $1.6B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $0 |
| Goodwill | $1.4B |
| Intangible Assets | $260M |
| Long-Term Investments | $18.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $995M |
| TOTAL NON-CURRENT ASSETS | $21.6B |
| TOTAL ASSETS | $24.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $19.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $21.1B |
| TOTAL LIABILITIES | $21.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $2.3B |
| Treasury Stock | -$728M |
| Accum. Other Comp. Income | -$87M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $24.3B |
| Total Debt | $19.8B |
| Net Debt | $18.8B |
