| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $435M | $406M | $371M | 7.0% | 17.3% |
| Op. Income | $107M | $97M | $106M | 10.1% | 0.8% |
| Gross Margin | 82.8% | 83.0% | 84.1% | -0.2pp | -1.2pp |
| Net Margin | 18.8% | 18.5% | 21.6% | 0.3pp | -2.8pp |
| EPS (Diluted) | $1.43 | $1.30 | $1.38 | 10.0% | 3.6% |
| Free Cash Flow | $73M | $46M | $84M | 58.4% | -12.4% |
| Item | Amount |
|---|---|
| REVENUE | $435M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $360M |
| R&D Expenses | $55M |
| Selling & Marketing | $106M |
| General & Administrative | $75M |
| SG&A Expenses | $181M |
| Other Expenses | $17M |
| Operating Expenses | $253M |
| Cost & Expenses | $328M |
| OPERATING INCOME | $107M |
| Interest Income | $0 |
| Interest Expense | $266.0K |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $112M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $31M |
| EBIT | $112M |
| EBITDA | $143M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $435M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $360M |
| R&D Expenses | $55M |
| Selling & Marketing | $106M |
| General & Administrative | $75M |
| SG&A Expenses | $181M |
| Other Expenses | $17M |
| Operating Expenses | $253M |
| Cost & Expenses | $328M |
| OPERATING INCOME | $107M |
| Interest Income | $0 |
| Interest Expense | $266.0K |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $112M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $31M |
| EBIT | $112M |
| EBITDA | $143M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $82M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $701.0K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $134M |
| Capital Expenditure | -$61M |
| Acquisitions (Net) | $52.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | -$29M |
| Common Stock Repurchased | -$212M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | $425M |
| NET CASH FROM FINANCING | $163M |
| FREE CASH FLOW | $73M |
| Net Change in Cash | -$190M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $294M |
| Short-Term Investments | $0 |
| Net Receivables | $35M |
| Inventory | $1M |
| Other Current Assets | $2.4B |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $572M |
| Goodwill | $52M |
| Intangible Assets | $50M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $710M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $23M |
| Other Current Liabilities | $2.3B |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $108M |
| Deferred Tax Liabilities | $144M |
| Other Non-Current Liabilities | $52M |
| TOTAL NON-CURRENT LIABILITIES | $360M |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $600.0K |
| Additional Paid-In Capital | $724M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$891M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $76M |
| Net Debt | -$218M |
