| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.1B | $5.3B | $4.9B | -4.1% | 3.0% |
| Op. Income | $604M | $659M | $550M | -8.3% | 9.8% |
| Gross Margin | 28.3% | 28.3% | 27.6% | 0.1pp | 0.7pp |
| Net Margin | 9.6% | 10.0% | 9.1% | -0.3pp | 0.6pp |
| EPS (Diluted) | $1.48 | $1.59 | $1.33 | -6.9% | 11.3% |
| Free Cash Flow | $333M | $395M | $272M | -15.6% | 22.2% |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $833M |
| Other Expenses | $0 |
| Operating Expenses | $833M |
| Cost & Expenses | $4.5B |
| OPERATING INCOME | $604M |
| Interest Income | $58M |
| Interest Expense | $15M |
| Other Income/Expenses | $43M |
| INCOME BEFORE TAX | $647M |
| Income Tax Expense | $158M |
| Net Income from Continuing Ops | $489M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $489M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $489M |
| D&A | $112M |
| EBIT | $662M |
| EBITDA | $774M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $833M |
| Other Expenses | $0 |
| Operating Expenses | $833M |
| Cost & Expenses | $4.5B |
| OPERATING INCOME | $604M |
| Interest Income | $58M |
| Interest Expense | $15M |
| Other Income/Expenses | $43M |
| INCOME BEFORE TAX | $647M |
| Income Tax Expense | $158M |
| Net Income from Continuing Ops | $489M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $489M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $489M |
| D&A | $112M |
| EBIT | $662M |
| EBITDA | $774M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $489M |
| Depreciation & Amortization | $112M |
| Stock-Based Compensation | $39M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$477M |
| Change in Working Capital | $349M |
| OPERATING CASH FLOW | $513M |
| Capital Expenditure | -$180M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$180M |
| Net Debt Issuance | -$250M |
| Common Stock Repurchased | -$286M |
| Common Dividends Paid | -$122M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$651M |
| FREE CASH FLOW | $333M |
| Net Change in Cash | -$318M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.3B |
| Short-Term Investments | $0 |
| Net Receivables | $176M |
| Inventory | $2.9B |
| Other Current Assets | $242M |
| TOTAL CURRENT ASSETS | $7.6B |
| PP&E (Net) | $7.0B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $272M |
| TOTAL NON-CURRENT ASSETS | $7.3B |
| TOTAL ASSETS | $14.9B |
| Account Payables | $2.3B |
| Short-Term Debt | $699M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.8B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $197M |
| Other Non-Current Liabilities | $266M |
| TOTAL NON-CURRENT LIABILITIES | $4.8B |
| TOTAL LIABILITIES | $9.6B |
| Common Stock | $3M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $3.9B |
| Treasury Stock | -$719M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.3B |
| TOTAL LIABILITIES & EQUITY | $14.9B |
| Total Debt | $5.7B |
| Net Debt | $1.4B |
