| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $965M | $933M | $897M | 3.4% | 7.6% |
| Op. Income | $146M | $122M | $100M | 19.7% | 46.0% |
| Gross Margin | 27.5% | 26.7% | 25.9% | 0.8pp | 1.6pp |
| Net Margin | 9.8% | 8.9% | 6.5% | 0.9pp | 3.4pp |
| EPS (Diluted) | $2.27 | $1.98 | $1.37 | 14.6% | 65.7% |
| Free Cash Flow | $119M | $62M | $155M | 91.9% | -23.2% |
| Item | Amount |
|---|---|
| REVENUE | $965M |
| Cost of Revenue | $700M |
| GROSS PROFIT | $265M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $74M |
| SG&A Expenses | $74M |
| Other Expenses | $45M |
| Operating Expenses | $119M |
| Cost & Expenses | $819M |
| OPERATING INCOME | $146M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $132M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $95M |
| D&A | $39M |
| EBIT | $146M |
| EBITDA | $185M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $965M |
| Cost of Revenue | $700M |
| GROSS PROFIT | $265M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $74M |
| SG&A Expenses | $74M |
| Other Expenses | $45M |
| Operating Expenses | $119M |
| Cost & Expenses | $819M |
| OPERATING INCOME | $146M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $132M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $95M |
| D&A | $39M |
| EBIT | $146M |
| EBITDA | $185M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $95M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $28M |
| OPERATING CASH FLOW | $163M |
| Capital Expenditure | -$44M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$44M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$18M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $119M |
| Net Change in Cash | $103M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $248M |
| Short-Term Investments | $0 |
| Net Receivables | $473M |
| Inventory | $421M |
| Other Current Assets | $87M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $1.0B |
| Goodwill | $125M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $477M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $381M |
| Short-Term Debt | $43M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $214M |
| TOTAL CURRENT LIABILITIES | $714M |
| Long-Term Debt | $883M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $164M |
| Other Non-Current Liabilities | $163M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $45M |
| Additional Paid-In Capital | $65M |
| Retained Earnings | $2.4B |
| Treasury Stock | -$195M |
| Accum. Other Comp. Income | -$1.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $937M |
| Minority Interest | $0 |
| TOTAL EQUITY | $937M |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $926M |
| Net Debt | $678M |
