| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $349M | $364M | $349M | -4.0% | 0.2% |
| Op. Income | $8M | $45M | $41M | -81.9% | -80.4% |
| Gross Margin | 28.6% | 31.2% | 32.0% | -2.7pp | -3.4pp |
| Net Margin | -1.7% | 8.7% | 8.4% | -10.3pp | -10.0pp |
| EPS (Diluted) | $-0.14 | $0.75 | $0.69 | -118.7% | -120.3% |
| Free Cash Flow | $43M | $33M | -$30M | 31.3% | 240.3% |
| Item | Amount |
|---|---|
| REVENUE | $349M |
| Cost of Revenue | $249M |
| GROSS PROFIT | $100M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $92M |
| Other Expenses | $0 |
| Operating Expenses | $92M |
| Cost & Expenses | $341M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $14M |
| EBIT | $8M |
| EBITDA | $23M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $25M |
| Change in Working Capital | $35M |
| OPERATING CASH FLOW | $63M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$295.0K |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | -$27M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$17M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$46M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $0 |
| Net Receivables | $272M |
| Inventory | $598M |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $937M |
| PP&E (Net) | $505M |
| Goodwill | $424M |
| Intangible Assets | $12M |
| Long-Term Investments | $0 |
| Tax Assets | $42M |
| Other Non-Current Assets | $95M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $131M |
| Short-Term Debt | $13M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $236M |
| Long-Term Debt | $645M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $66M |
| TOTAL NON-CURRENT LIABILITIES | $725M |
| TOTAL LIABILITIES | $961M |
| Common Stock | $5M |
| Additional Paid-In Capital | $116M |
| Retained Earnings | $1.7B |
| Treasury Stock | -$623M |
| Accum. Other Comp. Income | -$172M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $659M |
| Net Debt | $630M |
