| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $336M | $291M | $494M | 15.5% | -31.9% |
| Op. Income | $162M | $141M | $309M | 14.4% | -47.7% |
| Gross Margin | 59.3% | 54.6% | 65.4% | 4.7pp | -6.1pp |
| Net Margin | 35.9% | 34.5% | 53.5% | 1.5pp | -17.6pp |
| EPS (Diluted) | $2.34 | $1.93 | $4.37 | 21.2% | -46.5% |
| Free Cash Flow | $178M | $175M | $308M | 2.1% | -42.1% |
| Item | Amount |
|---|---|
| REVENUE | $336M |
| Cost of Revenue | $137M |
| GROSS PROFIT | $199M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $32M |
| SG&A Expenses | $32M |
| Other Expenses | $6M |
| Operating Expenses | $38M |
| Cost & Expenses | $175M |
| OPERATING INCOME | $162M |
| Interest Income | $4M |
| Interest Expense | $46M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | $121M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $121M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $121M |
| D&A | $51M |
| EBIT | $167M |
| EBITDA | $218M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $336M |
| Cost of Revenue | $137M |
| GROSS PROFIT | $199M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $32M |
| SG&A Expenses | $32M |
| Other Expenses | $6M |
| Operating Expenses | $38M |
| Cost & Expenses | $175M |
| OPERATING INCOME | $162M |
| Interest Income | $4M |
| Interest Expense | $46M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | $121M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $121M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $121M |
| D&A | $51M |
| EBIT | $167M |
| EBITDA | $218M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $121M |
| Depreciation & Amortization | $51M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$19M |
| Other Non-Cash Items | $27M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $184M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $33M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $29M |
| Net Debt Issuance | -$191M |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$166.0K |
| NET CASH FROM FINANCING | -$222M |
| FREE CASH FLOW | $178M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $356M |
| Short-Term Investments | $0 |
| Net Receivables | $204M |
| Inventory | $8M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $577M |
| PP&E (Net) | $3.6B |
| Goodwill | $8M |
| Intangible Assets | $0 |
| Long-Term Investments | $12M |
| Tax Assets | $0 |
| Other Non-Current Assets | $54M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $10M |
| Short-Term Debt | $221M |
| Deferred Revenue | $12M |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $510M |
| Long-Term Debt | $939M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $745.0K |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | $587M |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $1.6B |
| Net Debt | $1.2B |
