| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.7B | $2.8B | $2.5B | -3.7% | 9.2% |
| Op. Income | $266M | $261M | $257M | 2.0% | 3.8% |
| Gross Margin | 18.5% | 19.2% | 18.7% | -0.7pp | -0.2pp |
| Net Margin | 6.6% | 5.9% | 7.3% | 0.7pp | -0.7pp |
| EPS (Diluted) | $2.75 | $2.56 | $2.79 | 7.4% | -1.4% |
| Free Cash Flow | $272M | -$251M | $68M | 208.7% | 298.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $506M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $226M |
| Other Expenses | $13M |
| Operating Expenses | $240M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $266M |
| Interest Income | $2M |
| Interest Expense | $34M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $237M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $180M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $180M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $180M |
| D&A | $52M |
| EBIT | $272M |
| EBITDA | $324M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $506M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $226M |
| Other Expenses | $13M |
| Operating Expenses | $240M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $266M |
| Interest Income | $2M |
| Interest Expense | $34M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $237M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $180M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $180M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $180M |
| D&A | $52M |
| EBIT | $272M |
| EBITDA | $324M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $180M |
| Depreciation & Amortization | $52M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $14M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $72M |
| OPERATING CASH FLOW | $326M |
| Capital Expenditure | -$54M |
| Acquisitions (Net) | -$106M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$400.0K |
| NET CASH FROM INVESTING | -$160M |
| Net Debt Issuance | -$102M |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | -$30M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$147M |
| FREE CASH FLOW | $272M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $161M |
| Short-Term Investments | $0 |
| Net Receivables | $2.5B |
| Inventory | $2.3B |
| Other Current Assets | $102M |
| TOTAL CURRENT ASSETS | $5.1B |
| PP&E (Net) | $1.1B |
| Goodwill | $1.4B |
| Intangible Assets | $809M |
| Long-Term Investments | $0 |
| Tax Assets | $248M |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $9.9B |
| Account Payables | $1.1B |
| Short-Term Debt | $935M |
| Deferred Revenue | $672M |
| Other Current Liabilities | $470M |
| TOTAL CURRENT LIABILITIES | $3.5B |
| Long-Term Debt | $602M |
| Deferred Revenue NC | $1.2B |
| Deferred Tax Liabilities | $30M |
| Other Non-Current Liabilities | $525M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $5.8B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $841M |
| Retained Earnings | $4.2B |
| Treasury Stock | -$911M |
| Accum. Other Comp. Income | -$72M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $9.9B |
| Total Debt | $1.5B |
| Net Debt | $1.4B |
