| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | — | $2.0B | — | 1.6% |
| Op. Income | $242M | — | $234M | — | 3.5% |
| Gross Margin | 38.4% | — | 37.2% | — | 1.2pp |
| Net Margin | 7.5% | — | 10.0% | — | -2.5pp |
| EPS (Diluted) | $1.18 | — | $1.54 | — | -23.4% |
| Free Cash Flow | $239M | — | -$47M | — | 606.9% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $775M |
| R&D Expenses | $87M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $446M |
| Other Expenses | $0 |
| Operating Expenses | $533M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $242M |
| Interest Income | $679.0K |
| Interest Expense | $34M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $207M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $152M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $151M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $151M |
| D&A | $40M |
| EBIT | $236M |
| EBITDA | $276M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $775M |
| R&D Expenses | $87M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $446M |
| Other Expenses | $0 |
| Operating Expenses | $533M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $242M |
| Interest Income | $679.0K |
| Interest Expense | $34M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $207M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $152M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $151M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $151M |
| D&A | $40M |
| EBIT | $236M |
| EBITDA | $276M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $152M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $123M |
| OPERATING CASH FLOW | $314M |
| Capital Expenditure | -$75M |
| Acquisitions (Net) | $75M |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$72M |
| NET CASH FROM INVESTING | -$74M |
| Net Debt Issuance | -$149M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | -$54M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$218M |
| FREE CASH FLOW | $239M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $216M |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $1.1B |
| Other Current Assets | $330M |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $1.6B |
| Goodwill | $1.3B |
| Intangible Assets | $555M |
| Long-Term Investments | $0 |
| Tax Assets | $15M |
| Other Non-Current Assets | $165M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $6.8B |
| Account Payables | $681M |
| Short-Term Debt | $179M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $257M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $90M |
| Other Non-Current Liabilities | $267M |
| TOTAL NON-CURRENT LIABILITIES | $3.1B |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $2.4B |
| Treasury Stock | -$784M |
| Accum. Other Comp. Income | -$605M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $2M |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $3.0B |
| Net Debt | $2.8B |
