| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $381M | $391M | $329M | -2.7% | 15.6% |
| Op. Income | $254M | $245M | $171M | 3.6% | 48.6% |
| Gross Margin | 65.0% | 67.4% | 60.1% | -2.4pp | 4.9pp |
| Net Margin | 59.7% | 54.7% | 40.2% | 5.0pp | 19.5pp |
| EPS (Diluted) | $4.34 | $4.11 | $2.40 | 5.6% | 80.8% |
| Free Cash Flow | $258M | $212M | $220M | 22.1% | 17.5% |
| Item | Amount |
|---|---|
| REVENUE | $381M |
| Cost of Revenue | $133M |
| GROSS PROFIT | $248M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $37M |
| SG&A Expenses | $37M |
| Other Expenses | -$43M |
| Operating Expenses | -$6M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $254M |
| Interest Income | $6M |
| Interest Expense | $33M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $227M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $227M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $227M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $227M |
| D&A | $47M |
| EBIT | $261M |
| EBITDA | $307M |
| EPS | $5 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $381M |
| Cost of Revenue | $133M |
| GROSS PROFIT | $248M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $37M |
| SG&A Expenses | $37M |
| Other Expenses | -$43M |
| Operating Expenses | -$6M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $254M |
| Interest Income | $6M |
| Interest Expense | $33M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $227M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $227M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $227M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $227M |
| D&A | $47M |
| EBIT | $261M |
| EBITDA | $307M |
| EPS | $5 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $227M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$40M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $272M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $70M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$495.0K |
| NET CASH FROM INVESTING | $56M |
| Net Debt Issuance | -$398M |
| Common Stock Repurchased | -$54M |
| Common Dividends Paid | -$22M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$473M |
| FREE CASH FLOW | $258M |
| Net Change in Cash | -$145M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $225M |
| Short-Term Investments | $0 |
| Net Receivables | $228M |
| Inventory | $8M |
| Other Current Assets | $157M |
| TOTAL CURRENT ASSETS | $617M |
| PP&E (Net) | $3.3B |
| Goodwill | $8M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $63M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $14M |
| Short-Term Debt | $139M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $232M |
| Long-Term Debt | $766M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $840M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $760.0K |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | $986M |
| Treasury Stock | -$1.2B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $982M |
| Net Debt | $758M |
