| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | — | $1.1B | — | 13.1% |
| Op. Income | $65M | — | $62M | — | 4.4% |
| Gross Margin | 17.1% | — | 17.3% | — | -0.2pp |
| Net Margin | 3.0% | — | 2.7% | — | 0.3pp |
| EPS (Diluted) | $1.31 | — | $1.02 | — | 28.4% |
| Free Cash Flow | $16M | — | $57M | — | -71.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $221M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $157M |
| Other Expenses | $0 |
| Operating Expenses | $157M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $65M |
| Interest Income | $3M |
| Interest Expense | $3M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$114.0K |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $20M |
| EBIT | $60M |
| EBITDA | $80M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $221M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $157M |
| Other Expenses | $0 |
| Operating Expenses | $157M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $65M |
| Interest Income | $3M |
| Interest Expense | $3M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$114.0K |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $20M |
| EBIT | $60M |
| EBITDA | $80M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $529.0K |
| Change in Working Capital | $24M |
| OPERATING CASH FLOW | $87M |
| Capital Expenditure | -$70M |
| Acquisitions (Net) | $44.0K |
| Purchases of Investments | -$44M |
| Sales/Maturities of Investments | $39M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$75M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$18M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $173M |
| Short-Term Investments | $94M |
| Net Receivables | $20M |
| Inventory | $502M |
| Other Current Assets | $61M |
| TOTAL CURRENT ASSETS | $848M |
| PP&E (Net) | $1.0B |
| Goodwill | $43M |
| Intangible Assets | $0 |
| Long-Term Investments | $83M |
| Tax Assets | $32M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $507M |
| Short-Term Debt | $51M |
| Deferred Revenue | $38M |
| Other Current Liabilities | $69M |
| TOTAL CURRENT LIABILITIES | $709M |
| Long-Term Debt | $102M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $234M |
| TOTAL LIABILITIES | $943M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $505M |
| Retained Earnings | $859M |
| Treasury Stock | -$116M |
| Accum. Other Comp. Income | -$155M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $261M |
| Net Debt | $88M |
