| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | $1.1B | 4.2% | 17.0% |
| Op. Income | $85M | $81M | $81M | 5.5% | 5.0% |
| Gross Margin | 20.1% | 20.3% | 23.3% | -0.2pp | -3.2pp |
| Net Margin | 4.2% | 4.3% | 5.2% | -0.1pp | -0.9pp |
| EPS (Diluted) | $0.31 | $0.30 | $0.31 | 3.3% | 0.0% |
| Free Cash Flow | $151M | $186M | $53M | -18.9% | 186.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $257M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $157M |
| Other Expenses | $15M |
| Operating Expenses | $172M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $85M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $15M |
| EBIT | $86M |
| EBITDA | $101M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $257M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $157M |
| Other Expenses | $15M |
| Operating Expenses | $172M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $85M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $15M |
| EBIT | $86M |
| EBITDA | $101M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $54M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $450.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $75M |
| OPERATING CASH FLOW | $160M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$42M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$948.0K |
| NET CASH FROM FINANCING | -$45M |
| FREE CASH FLOW | $151M |
| Net Change in Cash | $106M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $483M |
| Short-Term Investments | $0 |
| Net Receivables | $429M |
| Inventory | $311M |
| Other Current Assets | $99M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $215M |
| Goodwill | $1.5B |
| Intangible Assets | $310M |
| Long-Term Investments | $29M |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $592M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $61M |
| TOTAL CURRENT LIABILITIES | $763M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $45M |
| Other Non-Current Liabilities | $279.0K |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $18.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $609M |
| Treasury Stock | -$417M |
| Accum. Other Comp. Income | $10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $1.2B |
| Net Debt | $738M |
