| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $970M | $965M | $964M | 0.5% | 0.6% |
| Op. Income | $156M | $146M | $73M | 6.8% | 113.7% |
| Gross Margin | 24.4% | 27.5% | 21.8% | -3.0pp | 2.6pp |
| Net Margin | 8.4% | 9.8% | 5.1% | -1.5pp | 3.3pp |
| EPS (Diluted) | $1.93 | $2.27 | $1.17 | -15.0% | 65.0% |
| Free Cash Flow | $100M | $119M | $104M | -16.0% | -3.8% |
| Item | Amount |
|---|---|
| REVENUE | $970M |
| Cost of Revenue | $733M |
| GROSS PROFIT | $237M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $81M |
| Operating Expenses | $81M |
| Cost & Expenses | $814M |
| OPERATING INCOME | $156M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$56M |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $44M |
| EBIT | $107M |
| EBITDA | $151M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $970M |
| Cost of Revenue | $733M |
| GROSS PROFIT | $237M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $81M |
| Operating Expenses | $81M |
| Cost & Expenses | $814M |
| OPERATING INCOME | $156M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$56M |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $44M |
| EBIT | $107M |
| EBITDA | $151M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $81M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | $36M |
| OPERATING CASH FLOW | $164M |
| Capital Expenditure | -$64M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$64M |
| Net Debt Issuance | -$122M |
| Common Stock Repurchased | -$39M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$16M |
| NET CASH FROM FINANCING | -$196M |
| FREE CASH FLOW | $100M |
| Net Change in Cash | -$103M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $205M |
| Short-Term Investments | $0 |
| Net Receivables | $455M |
| Inventory | $361M |
| Other Current Assets | $42M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $1.0B |
| Goodwill | $111M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $428M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $375M |
| Short-Term Debt | $22M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $206M |
| TOTAL CURRENT LIABILITIES | $682M |
| Long-Term Debt | $782M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $152M |
| Other Non-Current Liabilities | $141M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $45M |
| Additional Paid-In Capital | $71M |
| Retained Earnings | $2.5B |
| Treasury Stock | -$234M |
| Accum. Other Comp. Income | -$1.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $847M |
| Minority Interest | $0 |
| TOTAL EQUITY | $847M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $804M |
| Net Debt | $599M |
