| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.4B | $4.5B | — | -3.7% | — |
| Op. Income | $250M | $184M | — | 35.8% | — |
| Gross Margin | 8.8% | 7.1% | — | 1.7pp | — |
| Net Margin | 4.0% | 3.0% | — | 1.0pp | — |
| EPS (Diluted) | $0.73 | $0.57 | — | 28.1% | — |
| Free Cash Flow | $163M | $167M | — | -2.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $384M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $119M |
| Other Expenses | $15M |
| Operating Expenses | $134M |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $250M |
| Interest Income | $10M |
| Interest Expense | $41M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $227M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $175M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $174M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $174M |
| D&A | $103M |
| EBIT | $268M |
| EBITDA | $372M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $384M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $119M |
| Other Expenses | $15M |
| Operating Expenses | $134M |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $250M |
| Interest Income | $10M |
| Interest Expense | $41M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $227M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $175M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $174M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $174M |
| D&A | $103M |
| EBIT | $268M |
| EBITDA | $372M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $175M |
| Depreciation & Amortization | $103M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $16M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | $271M |
| Capital Expenditure | -$108M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$106M |
| Net Debt Issuance | -$153.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $163M |
| Net Change in Cash | $164M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $871M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $1.9B |
| Other Current Assets | $246M |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $3.4B |
| Goodwill | $1.3B |
| Intangible Assets | $838M |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $46M |
| TOTAL NON-CURRENT ASSETS | $5.6B |
| TOTAL ASSETS | $9.8B |
| Account Payables | $1.2B |
| Short-Term Debt | $650.0K |
| Deferred Revenue | $45M |
| Other Current Liabilities | $384M |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $401M |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $4.0B |
| TOTAL LIABILITIES | $6.3B |
| Common Stock | $3M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $2.2B |
| Treasury Stock | -$545M |
| Accum. Other Comp. Income | -$206M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $14M |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $9.8B |
| Total Debt | $3.6B |
| Net Debt | $2.8B |
