| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $594M | $572M | $542M | 3.8% | 9.5% |
| Op. Income | $53M | $36M | $43M | 47.3% | 22.4% |
| Gross Margin | 35.3% | 33.9% | 34.7% | 1.4pp | 0.7pp |
| Net Margin | 7.1% | 4.8% | 6.3% | 2.3pp | 0.9pp |
| EPS (Diluted) | $2.26 | $1.47 | $1.81 | 53.7% | 24.9% |
| Free Cash Flow | $7M | $25M | -$11M | -73.6% | 158.3% |
| Item | Amount |
|---|---|
| REVENUE | $594M |
| Cost of Revenue | $384M |
| GROSS PROFIT | $210M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $123M |
| Other Expenses | $34M |
| Operating Expenses | $157M |
| Cost & Expenses | $540M |
| OPERATING INCOME | $53M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $33M |
| EBIT | $53M |
| EBITDA | $86M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $594M |
| Cost of Revenue | $384M |
| GROSS PROFIT | $210M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $123M |
| Other Expenses | $34M |
| Operating Expenses | $157M |
| Cost & Expenses | $540M |
| OPERATING INCOME | $53M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $33M |
| EBIT | $53M |
| EBITDA | $86M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $640.0K |
| Other Non-Cash Items | $628.0K |
| Change in Working Capital | -$34M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | -$39M |
| Acquisitions (Net) | $39M |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | -$38M |
| NET CASH FROM INVESTING | -$40M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$255.0K |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $77M |
| Short-Term Investments | $11M |
| Net Receivables | $299M |
| Inventory | $398M |
| Other Current Assets | $62M |
| TOTAL CURRENT ASSETS | $859M |
| PP&E (Net) | $832M |
| Goodwill | $649M |
| Intangible Assets | $138M |
| Long-Term Investments | $0 |
| Tax Assets | $615.0K |
| Other Non-Current Assets | $123M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $86M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $259M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $253M |
| TOTAL NON-CURRENT LIABILITIES | $303M |
| TOTAL LIABILITIES | $562M |
| Common Stock | $2M |
| Additional Paid-In Capital | $100M |
| Retained Earnings | $2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $67M |
| Net Debt | -$10M |
