| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | — | $1.2B | — | 6.7% |
| Op. Income | $226M | — | $191M | — | 18.7% |
| Gross Margin | 43.2% | — | 42.9% | — | 0.3pp |
| Net Margin | 10.8% | — | 10.2% | — | 0.7pp |
| EPS (Diluted) | $1.42 | — | $1.24 | — | 14.5% |
| Free Cash Flow | $172M | — | $114M | — | 51.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $738M |
| GROSS PROFIT | $560M |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $308M |
| Other Expenses | $6.0K |
| Operating Expenses | $334M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $226M |
| Interest Income | $2M |
| Interest Expense | $39M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $190M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $149M |
| Net Income from Discontinued Ops | -$8M |
| Other Adjustments | $0 |
| NET INCOME | $141M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $141M |
| D&A | $141M |
| EBIT | $229M |
| EBITDA | $369M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $738M |
| GROSS PROFIT | $560M |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $308M |
| Other Expenses | $6.0K |
| Operating Expenses | $334M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $226M |
| Interest Income | $2M |
| Interest Expense | $39M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $190M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $149M |
| Net Income from Discontinued Ops | -$8M |
| Other Adjustments | $0 |
| NET INCOME | $141M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $141M |
| D&A | $141M |
| EBIT | $229M |
| EBITDA | $369M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $141M |
| Depreciation & Amortization | $141M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $808.0K |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $291M |
| Capital Expenditure | -$119M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $15.0K |
| NET CASH FROM INVESTING | -$119M |
| Net Debt Issuance | -$141M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$51M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$198M |
| FREE CASH FLOW | $172M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $196M |
| Short-Term Investments | $0 |
| Net Receivables | $964M |
| Inventory | $856M |
| Other Current Assets | $204M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $2.0B |
| Goodwill | $4.1B |
| Intangible Assets | $3.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $77M |
| TOTAL NON-CURRENT ASSETS | $9.2B |
| TOTAL ASSETS | $11.4B |
| Account Payables | $277M |
| Short-Term Debt | $78M |
| Deferred Revenue | $90M |
| Other Current Liabilities | $335M |
| TOTAL CURRENT LIABILITIES | $914M |
| Long-Term Debt | $3.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $621M |
| Other Non-Current Liabilities | $78M |
| TOTAL NON-CURRENT LIABILITIES | $4.1B |
| TOTAL LIABILITIES | $5.0B |
| Common Stock | $4.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$253M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.4B |
| Minority Interest | $13M |
| TOTAL EQUITY | $6.4B |
| TOTAL LIABILITIES & EQUITY | $11.4B |
| Total Debt | $3.5B |
| Net Debt | $3.3B |
