| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $393M | $404M | $364M | -2.7% | 7.9% |
| Op. Income | $51M | $50M | $45M | 1.7% | 13.4% |
| Gross Margin | 33.2% | 32.4% | 31.2% | 0.8pp | 2.0pp |
| Net Margin | 8.3% | 7.7% | 8.7% | 0.7pp | -0.3pp |
| EPS (Diluted) | $0.77 | $0.73 | $0.75 | 5.5% | 2.7% |
| Free Cash Flow | $64M | $32M | $33M | 98.7% | 95.4% |
| Item | Amount |
|---|---|
| REVENUE | $393M |
| Cost of Revenue | $262M |
| GROSS PROFIT | $130M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $80M |
| Other Expenses | $0 |
| Operating Expenses | $80M |
| Cost & Expenses | $342M |
| OPERATING INCOME | $51M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $15M |
| EBIT | $51M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $393M |
| Cost of Revenue | $262M |
| GROSS PROFIT | $130M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $80M |
| Other Expenses | $0 |
| Operating Expenses | $80M |
| Cost & Expenses | $342M |
| OPERATING INCOME | $51M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $15M |
| EBIT | $51M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | -$104.0K |
| Change in Working Capital | $38M |
| OPERATING CASH FLOW | $77M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$31M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$17M |
| Other Financing Activities | -$301.0K |
| NET CASH FROM FINANCING | -$49M |
| FREE CASH FLOW | $64M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $0 |
| Net Receivables | $302M |
| Inventory | $581M |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $959M |
| PP&E (Net) | $495M |
| Goodwill | $426M |
| Intangible Assets | $12M |
| Long-Term Investments | $0 |
| Tax Assets | $55M |
| Other Non-Current Assets | $96M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $119M |
| Short-Term Debt | $18M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $256M |
| Long-Term Debt | $626M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $66M |
| TOTAL NON-CURRENT LIABILITIES | $706M |
| TOTAL LIABILITIES | $962M |
| Common Stock | $5M |
| Additional Paid-In Capital | $116M |
| Retained Earnings | $1.8B |
| Treasury Stock | -$618M |
| Accum. Other Comp. Income | -$193M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $643M |
| Net Debt | $606M |
