| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $308M | $313M | $314M | -1.4% | -1.7% |
| Op. Income | $69M | $71M | $73M | -3.6% | -5.6% |
| Gross Margin | 35.2% | 35.5% | 34.8% | -0.3pp | 0.3pp |
| Net Margin | 3.6% | 4.4% | 7.1% | -0.8pp | -3.5pp |
| EPS (Diluted) | $0.98 | $1.21 | $1.87 | -19.0% | -47.6% |
| Free Cash Flow | $67M | $64M | $143M | 5.2% | -53.0% |
| Item | Amount |
|---|---|
| REVENUE | $308M |
| Cost of Revenue | $200M |
| GROSS PROFIT | $108M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $40M |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $240M |
| OPERATING INCOME | $69M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$51M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $10M |
| EBIT | $36M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $308M |
| Cost of Revenue | $200M |
| GROSS PROFIT | $108M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $40M |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $240M |
| OPERATING INCOME | $69M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$51M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $10M |
| EBIT | $36M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $43M |
| OPERATING CASH FLOW | $72M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $32M |
| Sales/Maturities of Investments | -$53M |
| Other Investing Activities | $22M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$62M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$26M |
| NET CASH FROM FINANCING | -$94M |
| FREE CASH FLOW | $67M |
| Net Change in Cash | -$28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $0 |
| Other Current Assets | $689M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $184M |
| Goodwill | $142M |
| Intangible Assets | $34M |
| Long-Term Investments | $112M |
| Tax Assets | $0 |
| Other Non-Current Assets | $191M |
| TOTAL NON-CURRENT ASSETS | $663M |
| TOTAL ASSETS | $2.9B |
| Account Payables | $83M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $529M |
| Long-Term Debt | $410M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $38M |
| Other Non-Current Liabilities | $925M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $32M |
| Retained Earnings | $756M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $914.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $789M |
| Minority Interest | $73.0K |
| TOTAL EQUITY | $789M |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $594M |
| Net Debt | $565M |
