| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.4B | $3.7B | $3.3B | -7.2% | 2.9% |
| Op. Income | $263M | $334M | $244M | -21.3% | 7.6% |
| Gross Margin | 36.0% | 35.3% | 35.5% | 0.6pp | 0.5pp |
| Net Margin | 5.8% | 6.8% | 5.5% | -0.9pp | 0.3pp |
| EPS (Diluted) | $0.37 | $0.46 | $0.33 | -19.7% | 10.9% |
| Free Cash Flow | $100M | $169M | -$138M | -40.7% | 172.4% |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $853M |
| Other Expenses | $104M |
| Operating Expenses | $958M |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $263M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $251M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $198M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $198M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $198M |
| D&A | $104M |
| EBIT | $263M |
| EBITDA | $367M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $853M |
| Other Expenses | $104M |
| Operating Expenses | $958M |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $263M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $251M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $198M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $198M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $198M |
| D&A | $104M |
| EBIT | $263M |
| EBITDA | $367M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $198M |
| Depreciation & Amortization | $104M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$70M |
| OPERATING CASH FLOW | $257M |
| Capital Expenditure | -$157M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$152M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$140M |
| Common Dividends Paid | -$119M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$238M |
| FREE CASH FLOW | $100M |
| Net Change in Cash | -$133M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $264M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $3.0B |
| Other Current Assets | $207M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $5.7B |
| Goodwill | $0 |
| Intangible Assets | $270M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $80M |
| TOTAL NON-CURRENT ASSETS | $6.0B |
| TOTAL ASSETS | $9.6B |
| Account Payables | $1.5B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $68M |
| Other Non-Current Liabilities | $140M |
| TOTAL NON-CURRENT LIABILITIES | $4.9B |
| TOTAL LIABILITIES | $7.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $6.4B |
| Treasury Stock | -$5.6B |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $9.6B |
| Total Debt | $5.1B |
| Net Debt | $4.8B |
