| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $2.0B | $1.9B | -2.6% | 4.7% |
| Op. Income | $211M | $208M | $186M | 1.4% | 13.3% |
| Gross Margin | 27.5% | 27.5% | 25.5% | 0.1pp | 2.0pp |
| Net Margin | 5.1% | 4.9% | 4.8% | 0.3pp | 0.3pp |
| EPS (Diluted) | $1.53 | $1.48 | $1.38 | 3.4% | 10.9% |
| Free Cash Flow | $162M | $151M | $213M | 7.0% | -24.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $537M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $326M |
| Other Expenses | $0 |
| Operating Expenses | $326M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $211M |
| Interest Income | $0 |
| Interest Expense | $79M |
| Other Income/Expenses | -$79M |
| INCOME BEFORE TAX | $132M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $100M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $100M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $100M |
| D&A | $121M |
| EBIT | $210M |
| EBITDA | $331M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $537M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $326M |
| Other Expenses | $0 |
| Operating Expenses | $326M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $211M |
| Interest Income | $0 |
| Interest Expense | $79M |
| Other Income/Expenses | -$79M |
| INCOME BEFORE TAX | $132M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $100M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $100M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $100M |
| D&A | $121M |
| EBIT | $210M |
| EBITDA | $331M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $100M |
| Depreciation & Amortization | $121M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$21M |
| Other Non-Cash Items | $22M |
| Change in Working Capital | $51M |
| OPERATING CASH FLOW | $272M |
| Capital Expenditure | -$111M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $500.0K |
| NET CASH FROM INVESTING | -$106M |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | -$204M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $50M |
| NET CASH FROM FINANCING | -$170M |
| FREE CASH FLOW | $162M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $334M |
| Short-Term Investments | $4M |
| Net Receivables | $536M |
| Inventory | $795M |
| Other Current Assets | $88M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $2.2B |
| Goodwill | $4.6B |
| Intangible Assets | $3.2B |
| Long-Term Investments | $21M |
| Tax Assets | $0 |
| Other Non-Current Assets | $346M |
| TOTAL NON-CURRENT ASSETS | $10.4B |
| TOTAL ASSETS | $12.1B |
| Account Payables | $393M |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $463M |
| TOTAL CURRENT LIABILITIES | $857M |
| Long-Term Debt | $6.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $646M |
| Other Non-Current Liabilities | $272M |
| TOTAL NON-CURRENT LIABILITIES | $7.3B |
| TOTAL LIABILITIES | $8.2B |
| Common Stock | $900.0K |
| Additional Paid-In Capital | $5.3B |
| Retained Earnings | $1.7B |
| Treasury Stock | -$3.0B |
| Accum. Other Comp. Income | -$87M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $11M |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $12.1B |
| Total Debt | $6.4B |
| Net Debt | $6.1B |
