| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.4B | $1.3B | -12.3% | -6.0% |
| Op. Income | $122M | $193M | $163M | -36.8% | -25.2% |
| Gross Margin | 20.2% | 23.8% | 22.6% | -3.6pp | -2.4pp |
| Net Margin | 7.3% | 10.2% | 9.2% | -2.9pp | -2.0pp |
| EPS (Diluted) | $1.31 | $2.08 | $1.75 | -37.0% | -25.1% |
| Free Cash Flow | $87M | $43M | $106M | 102.3% | -18.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $967M |
| GROSS PROFIT | $245M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $124M |
| Other Expenses | -$1M |
| Operating Expenses | $123M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $122M |
| Interest Income | $3M |
| Interest Expense | $13M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $99M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $15M |
| EBIT | $112M |
| EBITDA | $127M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $967M |
| GROSS PROFIT | $245M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $124M |
| Other Expenses | -$1M |
| Operating Expenses | $123M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $122M |
| Interest Income | $3M |
| Interest Expense | $13M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $99M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $15M |
| EBIT | $112M |
| EBITDA | $127M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $88M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $116M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | -$200.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | -$40M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$65M |
| FREE CASH FLOW | $87M |
| Net Change in Cash | $33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $352M |
| Short-Term Investments | $0 |
| Net Receivables | $670M |
| Inventory | $1.2B |
| Other Current Assets | $137M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $602M |
| Goodwill | $301M |
| Intangible Assets | $14M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $483M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $593M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $399M |
| TOTAL CURRENT LIABILITIES | $996M |
| Long-Term Debt | $624M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $204M |
| TOTAL NON-CURRENT LIABILITIES | $828M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $914M |
| Retained Earnings | $2.0B |
| Treasury Stock | -$656M |
| Accum. Other Comp. Income | -$279M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $628M |
| Net Debt | $276M |
