| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.4B | $1.2B | -14.5% | 2.3% |
| Op. Income | $198M | $225M | $158M | -12.3% | 24.9% |
| Gross Margin | 44.7% | 42.5% | 44.8% | 2.2pp | -0.1pp |
| Net Margin | 10.4% | 13.5% | 9.6% | -3.1pp | 0.8pp |
| EPS (Diluted) | $1.25 | $1.88 | $1.10 | -33.5% | 13.6% |
| Free Cash Flow | $215M | $144M | $116M | 48.6% | 85.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $654M |
| GROSS PROFIT | $529M |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $307M |
| Other Expenses | $19.0K |
| Operating Expenses | $331M |
| Cost & Expenses | $986M |
| OPERATING INCOME | $198M |
| Interest Income | $1M |
| Interest Expense | $32M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $167M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $131M |
| Net Income from Discontinued Ops | -$7M |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $138M |
| EBIT | $199M |
| EBITDA | $337M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $654M |
| GROSS PROFIT | $529M |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $307M |
| Other Expenses | $19.0K |
| Operating Expenses | $331M |
| Cost & Expenses | $986M |
| OPERATING INCOME | $198M |
| Interest Income | $1M |
| Interest Expense | $32M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $167M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $131M |
| Net Income from Discontinued Ops | -$7M |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $138M |
| EBIT | $199M |
| EBITDA | $337M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $124M |
| Depreciation & Amortization | $138M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$445.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $281M |
| Capital Expenditure | -$67M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5.0K |
| NET CASH FROM INVESTING | -$67M |
| Net Debt Issuance | -$160M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$46M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$214M |
| FREE CASH FLOW | $215M |
| Net Change in Cash | $257.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $209M |
| Short-Term Investments | $0 |
| Net Receivables | $888M |
| Inventory | $769M |
| Other Current Assets | $166M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $1.9B |
| Goodwill | $3.9B |
| Intangible Assets | $2.9B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $80M |
| TOTAL NON-CURRENT ASSETS | $8.8B |
| TOTAL ASSETS | $10.8B |
| Account Payables | $261M |
| Short-Term Debt | $63M |
| Deferred Revenue | $92M |
| Other Current Liabilities | $307M |
| TOTAL CURRENT LIABILITIES | $887M |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $618M |
| Other Non-Current Liabilities | $77M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $4.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$311M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.2B |
| Minority Interest | $10M |
| TOTAL EQUITY | $6.2B |
| TOTAL LIABILITIES & EQUITY | $10.8B |
| Total Debt | $3.1B |
| Net Debt | $2.9B |
