| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $605M | $640M | $594M | -5.5% | 1.9% |
| Op. Income | $56M | $54M | $53M | 2.7% | 4.5% |
| Gross Margin | 37.0% | 30.2% | 35.3% | 6.8pp | 1.7pp |
| Net Margin | 7.1% | 7.0% | 7.1% | 0.2pp | -0.0pp |
| EPS (Diluted) | $2.31 | $2.39 | $2.26 | -3.3% | 2.2% |
| Free Cash Flow | $25M | $64M | $7M | -61.5% | 271.0% |
| Item | Amount |
|---|---|
| REVENUE | $605M |
| Cost of Revenue | $381M |
| GROSS PROFIT | $224M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $134M |
| Other Expenses | $35M |
| Operating Expenses | $168M |
| Cost & Expenses | $549M |
| OPERATING INCOME | $56M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $35M |
| EBIT | $56M |
| EBITDA | $90M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $605M |
| Cost of Revenue | $381M |
| GROSS PROFIT | $224M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $134M |
| Other Expenses | $35M |
| Operating Expenses | $168M |
| Cost & Expenses | $549M |
| OPERATING INCOME | $56M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $35M |
| EBIT | $56M |
| EBITDA | $90M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $483.0K |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | $58M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | $153.0K |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $166M |
| Short-Term Investments | $15M |
| Net Receivables | $282M |
| Inventory | $389M |
| Other Current Assets | $57M |
| TOTAL CURRENT ASSETS | $916M |
| PP&E (Net) | $867M |
| Goodwill | $650M |
| Intangible Assets | $114M |
| Long-Term Investments | $0 |
| Tax Assets | $804.0K |
| Other Non-Current Assets | $153M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $86M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $261M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $258M |
| TOTAL NON-CURRENT LIABILITIES | $307M |
| TOTAL LIABILITIES | $568M |
| Common Stock | $2M |
| Additional Paid-In Capital | $104M |
| Retained Earnings | $2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $67M |
| Net Debt | -$99M |
