| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.8B | $1.9B | 6.2% | -0.7% |
| Op. Income | $143M | $362M | $133M | -60.5% | 7.5% |
| Gross Margin | 12.1% | 12.1% | 11.6% | -0.0pp | 0.5pp |
| Net Margin | 4.9% | 13.8% | 4.2% | -8.9pp | 0.7pp |
| EPS (Diluted) | $1.74 | $4.58 | $1.45 | -62.0% | 20.0% |
| Free Cash Flow | $97M | $144M | $122M | -32.6% | -20.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $229M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $87M |
| Other Expenses | -$1M |
| Operating Expenses | $86M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $143M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $114M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $93M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $93M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $93M |
| D&A | $34M |
| EBIT | $141M |
| EBITDA | $175M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $229M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $87M |
| Other Expenses | -$1M |
| Operating Expenses | $86M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $143M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $114M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $93M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $93M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $93M |
| D&A | $34M |
| EBIT | $141M |
| EBITDA | $175M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $93M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$32M |
| OPERATING CASH FLOW | $101M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | -$103M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$118M |
| NET CASH FROM FINANCING | -$132M |
| FREE CASH FLOW | $97M |
| Net Change in Cash | -$41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $311M |
| Short-Term Investments | $0 |
| Net Receivables | $1.0B |
| Inventory | $67M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $225M |
| Goodwill | $2.9B |
| Intangible Assets | $923M |
| Long-Term Investments | $71M |
| Tax Assets | $92M |
| Other Non-Current Assets | $108M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $840M |
| Short-Term Debt | $69M |
| Deferred Revenue | -$840M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | -$2M |
| Other Non-Current Liabilities | $278M |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $395M |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $2.4B |
| Net Debt | $2.1B |
