| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.4B | 5.1% | 2.9% |
| Op. Income | $271M | $247M | $264M | 9.6% | 2.4% |
| Gross Margin | 42.9% | 43.1% | 43.2% | -0.2pp | -0.2pp |
| Net Margin | 18.2% | 13.1% | 14.2% | 5.0pp | 4.0pp |
| EPS (Diluted) | $5.54 | $3.77 | $4.15 | 46.9% | 33.5% |
| Free Cash Flow | $229M | $301M | $255M | -24.0% | -10.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $824M |
| GROSS PROFIT | $620M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $299M |
| Other Expenses | $50M |
| Operating Expenses | $349M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $271M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $255M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $262M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$400.0K |
| NET INCOME | $262M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $262M |
| D&A | $77M |
| EBIT | $271M |
| EBITDA | $348M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $824M |
| GROSS PROFIT | $620M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $299M |
| Other Expenses | $50M |
| Operating Expenses | $349M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $271M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $255M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $262M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$400.0K |
| NET INCOME | $262M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $262M |
| D&A | $77M |
| EBIT | $271M |
| EBITDA | $348M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $262M |
| Depreciation & Amortization | $77M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $100.0K |
| Change in Working Capital | -$98M |
| OPERATING CASH FLOW | $250M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | -$100.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $100.0K |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$100.0K |
| Common Stock Repurchased | -$139M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$135M |
| FREE CASH FLOW | $229M |
| Net Change in Cash | $118M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $561M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $965M |
| Other Current Assets | $203M |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $758M |
| Goodwill | $8.1B |
| Intangible Assets | $2.2B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $503M |
| TOTAL NON-CURRENT ASSETS | $11.5B |
| TOTAL ASSETS | $14.5B |
| Account Payables | $446M |
| Short-Term Debt | $150M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $389M |
| Other Non-Current Liabilities | $398M |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $4.4B |
| Retained Earnings | $6.1B |
| Treasury Stock | -$322M |
| Accum. Other Comp. Income | -$593M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.6B |
| Minority Interest | $6M |
| TOTAL EQUITY | $9.6B |
| TOTAL LIABILITIES & EQUITY | $14.5B |
| Total Debt | $2.8B |
| Net Debt | $2.2B |
