| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.1B | 2.9% | 7.2% |
| Op. Income | $375M | $275M | $301M | 36.2% | 24.6% |
| Gross Margin | 56.9% | 57.6% | 55.3% | -0.6pp | 1.6pp |
| Net Margin | 25.1% | 18.0% | 20.8% | 7.1pp | 4.3pp |
| EPS (Diluted) | $2.04 | $1.42 | $1.58 | 43.7% | 29.1% |
| Free Cash Flow | $379M | $249M | $251M | 51.9% | 50.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $515M |
| GROSS PROFIT | $682M |
| R&D Expenses | $77M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $230M |
| Other Expenses | $0 |
| Operating Expenses | $307M |
| Cost & Expenses | $822M |
| OPERATING INCOME | $375M |
| Interest Income | $3M |
| Interest Expense | $14M |
| Other Income/Expenses | $837.0K |
| INCOME BEFORE TAX | $375M |
| Income Tax Expense | $75M |
| Net Income from Continuing Ops | $300M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $300M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $300M |
| D&A | $55M |
| EBIT | $375M |
| EBITDA | $429M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $515M |
| GROSS PROFIT | $682M |
| R&D Expenses | $77M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $230M |
| Other Expenses | $0 |
| Operating Expenses | $307M |
| Cost & Expenses | $822M |
| OPERATING INCOME | $375M |
| Interest Income | $3M |
| Interest Expense | $14M |
| Other Income/Expenses | $837.0K |
| INCOME BEFORE TAX | $375M |
| Income Tax Expense | $75M |
| Net Income from Continuing Ops | $300M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $300M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $300M |
| D&A | $55M |
| EBIT | $375M |
| EBITDA | $429M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $300M |
| Depreciation & Amortization | $55M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | $41M |
| OPERATING CASH FLOW | $402M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | -$220M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | -$70M |
| Other Financing Activities | -$314.0K |
| NET CASH FROM FINANCING | -$336M |
| FREE CASH FLOW | $379M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $238M |
| Short-Term Investments | $0 |
| Net Receivables | $779M |
| Inventory | $829M |
| Other Current Assets | $181M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $687M |
| Goodwill | $2.8B |
| Intangible Assets | $501M |
| Long-Term Investments | $175M |
| Tax Assets | $162M |
| Other Non-Current Assets | $102M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $6.8B |
| Account Payables | $177M |
| Short-Term Debt | $10M |
| Deferred Revenue | $151M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $773M |
| Long-Term Debt | $997M |
| Deferred Revenue NC | $132M |
| Deferred Tax Liabilities | $87M |
| Other Non-Current Liabilities | $60M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $588.0K |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $4.8B |
| Treasury Stock | -$1.7B |
| Accum. Other Comp. Income | -$265M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.6B |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $1.2B |
| Net Debt | $930M |
