| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $964M | $897M | — | 7.5% | — |
| Op. Income | $73M | $100M | — | -27.0% | — |
| Gross Margin | 21.8% | 25.9% | — | -4.1pp | — |
| Net Margin | 5.1% | 6.5% | — | -1.4pp | — |
| EPS (Diluted) | $1.17 | $1.37 | — | -14.6% | — |
| Free Cash Flow | $104M | $155M | — | -32.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $964M |
| Cost of Revenue | $754M |
| GROSS PROFIT | $210M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $95M |
| Other Expenses | $42M |
| Operating Expenses | $137M |
| Cost & Expenses | $891M |
| OPERATING INCOME | $73M |
| Interest Income | $8M |
| Interest Expense | $14M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $38M |
| EBIT | $99M |
| EBITDA | $137M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $964M |
| Cost of Revenue | $754M |
| GROSS PROFIT | $210M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $95M |
| Other Expenses | $42M |
| Operating Expenses | $137M |
| Cost & Expenses | $891M |
| OPERATING INCOME | $73M |
| Interest Income | $8M |
| Interest Expense | $14M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $38M |
| EBIT | $99M |
| EBITDA | $137M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $49M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $82M |
| OPERATING CASH FLOW | $167M |
| Capital Expenditure | -$63M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$63M |
| Net Debt Issuance | -$41M |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | -$25M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$88M |
| FREE CASH FLOW | $104M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $280M |
| Short-Term Investments | $0 |
| Net Receivables | $455M |
| Inventory | $404M |
| Other Current Assets | $54M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $1.1B |
| Goodwill | $139M |
| Intangible Assets | $6M |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $473M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $421M |
| Short-Term Debt | $46M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $157M |
| TOTAL CURRENT LIABILITIES | $695M |
| Long-Term Debt | $917M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $189M |
| Other Non-Current Liabilities | $110M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $45M |
| Additional Paid-In Capital | $48M |
| Retained Earnings | $2.2B |
| Treasury Stock | -$158M |
| Accum. Other Comp. Income | -$1.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $901M |
| Minority Interest | $0 |
| TOTAL EQUITY | $901M |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $1.0B |
| Net Debt | $743M |
