| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | — | $2.0B | — | 1.6% |
| Op. Income | $157M | — | $125M | — | 25.6% |
| Gross Margin | 11.6% | — | 11.3% | — | 0.3pp |
| Net Margin | 4.8% | — | 3.7% | — | 1.2pp |
| EPS (Diluted) | $1.79 | — | $1.29 | — | 38.8% |
| Free Cash Flow | $76M | — | $113M | — | -32.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $235M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $84M |
| Other Expenses | -$6M |
| Operating Expenses | $78M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $157M |
| Interest Income | $0 |
| Interest Expense | $32M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $123M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $98M |
| D&A | $36M |
| EBIT | $155M |
| EBITDA | $191M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $235M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $84M |
| Other Expenses | -$6M |
| Operating Expenses | $78M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $157M |
| Interest Income | $0 |
| Interest Expense | $32M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $123M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $98M |
| D&A | $36M |
| EBIT | $155M |
| EBITDA | $191M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $98M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | -$50M |
| OPERATING CASH FLOW | $82M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $352M |
| NET CASH FROM INVESTING | $336M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$88M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$105M |
| FREE CASH FLOW | $76M |
| Net Change in Cash | $313M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $422M |
| Short-Term Investments | $0 |
| Net Receivables | $995M |
| Inventory | $77M |
| Other Current Assets | $181M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $245M |
| Goodwill | $2.9B |
| Intangible Assets | $980M |
| Long-Term Investments | $64M |
| Tax Assets | $37M |
| Other Non-Current Assets | $105M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $6.0B |
| Account Payables | $809M |
| Short-Term Debt | $46M |
| Deferred Revenue | $47M |
| Other Current Liabilities | $421M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | -$3M |
| Other Non-Current Liabilities | $233M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $0 |
| Additional Paid-In Capital | $563M |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $6.0B |
| Total Debt | $2.5B |
| Net Debt | $2.1B |
