| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.1B | $1.0B | 5.5% | 12.5% |
| Op. Income | $275M | $289M | $280M | -4.8% | -1.8% |
| Gross Margin | 57.6% | 54.4% | 56.1% | 3.1pp | 1.5pp |
| Net Margin | 18.0% | 19.9% | 21.8% | -1.9pp | -3.8pp |
| EPS (Diluted) | $1.42 | $1.49 | $1.53 | -4.7% | -7.2% |
| Free Cash Flow | $249M | $245M | $97M | 1.7% | 157.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $493M |
| GROSS PROFIT | $669M |
| R&D Expenses | $74M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $222M |
| Other Expenses | $98M |
| Operating Expenses | $394M |
| Cost & Expenses | $888M |
| OPERATING INCOME | $275M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $259M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $209M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $209M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $209M |
| D&A | $38M |
| EBIT | $339M |
| EBITDA | $377M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $493M |
| GROSS PROFIT | $669M |
| R&D Expenses | $74M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $222M |
| Other Expenses | $98M |
| Operating Expenses | $394M |
| Cost & Expenses | $888M |
| OPERATING INCOME | $275M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $259M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $209M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $209M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $209M |
| D&A | $38M |
| EBIT | $339M |
| EBITDA | $377M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $209M |
| Depreciation & Amortization | $53M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $16.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $273M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | -$130M |
| Common Stock Repurchased | -$58M |
| Common Dividends Paid | -$71M |
| Other Financing Activities | $20M |
| NET CASH FROM FINANCING | -$239M |
| FREE CASH FLOW | $249M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $210M |
| Short-Term Investments | $0 |
| Net Receivables | $764M |
| Inventory | $1.1B |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $705M |
| Goodwill | $2.9B |
| Intangible Assets | $528M |
| Long-Term Investments | $160M |
| Tax Assets | $156M |
| Other Non-Current Assets | $116M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $6.9B |
| Account Payables | $202M |
| Short-Term Debt | $10M |
| Deferred Revenue | $149M |
| Other Current Liabilities | $38M |
| TOTAL CURRENT LIABILITIES | $764M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $127M |
| Deferred Tax Liabilities | $89M |
| Other Non-Current Liabilities | $85M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $588.0K |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $4.5B |
| Treasury Stock | -$1.7B |
| Accum. Other Comp. Income | -$208M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.5B |
| TOTAL LIABILITIES & EQUITY | $6.9B |
| Total Debt | $1.4B |
| Net Debt | $1.2B |
