| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $512M | $485M | $469M | 5.5% | 9.1% |
| Op. Income | $126M | $102M | $102M | 23.8% | 23.7% |
| Gross Margin | 51.5% | 50.5% | 51.4% | 1.0pp | 0.1pp |
| Net Margin | 25.7% | 24.9% | 22.8% | 0.8pp | 2.9pp |
| EPS (Diluted) | $0.99 | $0.91 | $0.79 | 8.8% | 25.3% |
| Free Cash Flow | $93M | $92M | $95M | 1.1% | -1.8% |
| Item | Amount |
|---|---|
| REVENUE | $512M |
| Cost of Revenue | $248M |
| GROSS PROFIT | $263M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $63M |
| SG&A Expenses | $63M |
| Other Expenses | $75M |
| Operating Expenses | $138M |
| Cost & Expenses | $386M |
| OPERATING INCOME | $126M |
| Interest Income | $11M |
| Interest Expense | $139.0K |
| Other Income/Expenses | $45M |
| INCOME BEFORE TAX | $170M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $131M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $131M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $131M |
| D&A | $19M |
| EBIT | $171M |
| EBITDA | $189M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $512M |
| Cost of Revenue | $248M |
| GROSS PROFIT | $263M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $63M |
| SG&A Expenses | $63M |
| Other Expenses | $75M |
| Operating Expenses | $138M |
| Cost & Expenses | $386M |
| OPERATING INCOME | $126M |
| Interest Income | $11M |
| Interest Expense | $139.0K |
| Other Income/Expenses | $45M |
| INCOME BEFORE TAX | $170M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $131M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $131M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $131M |
| D&A | $19M |
| EBIT | $171M |
| EBITDA | $189M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $131M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | $112M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$42M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$47M |
| Common Dividends Paid | -$60M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$62M |
| FREE CASH FLOW | $93M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $847M |
| Short-Term Investments | $32M |
| Net Receivables | $617M |
| Inventory | $0 |
| Other Current Assets | $59M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $189M |
| Goodwill | $137M |
| Intangible Assets | $318M |
| Long-Term Investments | $229M |
| Tax Assets | $45M |
| Other Non-Current Assets | $95M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $15M |
| Other Current Liabilities | $57M |
| TOTAL CURRENT LIABILITIES | $276M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $33M |
| TOTAL LIABILITIES | $309M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $844M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$41M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $23M |
| Net Debt | -$823M |
