| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.4B | $1.4B | 4.1% | 5.4% |
| Op. Income | $237M | $271M | $272M | -12.4% | -12.7% |
| Gross Margin | 42.8% | 42.9% | 43.7% | -0.1pp | -0.9pp |
| Net Margin | 13.2% | 18.2% | 22.7% | -4.9pp | -9.5pp |
| EPS (Diluted) | $4.20 | $5.54 | $6.75 | -24.2% | -37.8% |
| Free Cash Flow | $303M | $229M | $124M | 32.7% | 144.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $860M |
| GROSS PROFIT | $643M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $395M |
| Operating Expenses | $406M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $237M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $226M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $199M |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $400.0K |
| NET INCOME | $199M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $199M |
| D&A | $77M |
| EBIT | $244M |
| EBITDA | $321M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $860M |
| GROSS PROFIT | $643M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $395M |
| Operating Expenses | $406M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $237M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $226M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $199M |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $400.0K |
| NET INCOME | $199M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $199M |
| D&A | $77M |
| EBIT | $244M |
| EBITDA | $321M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $199M |
| Depreciation & Amortization | $77M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $43M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $332M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | -$150M |
| Common Stock Repurchased | -$21M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$173M |
| FREE CASH FLOW | $303M |
| Net Change in Cash | $89M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $650M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $914M |
| Other Current Assets | $167M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $745M |
| Goodwill | $8.0B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $507M |
| TOTAL NON-CURRENT ASSETS | $11.3B |
| TOTAL ASSETS | $14.2B |
| Account Payables | $416M |
| Short-Term Debt | $300.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $354M |
| Other Non-Current Liabilities | $381M |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $4.4B |
| Retained Earnings | $6.3B |
| Treasury Stock | -$292M |
| Accum. Other Comp. Income | -$840M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.5B |
| Minority Interest | $6M |
| TOTAL EQUITY | $9.6B |
| TOTAL LIABILITIES & EQUITY | $14.2B |
| Total Debt | $2.6B |
| Net Debt | $2.0B |
