| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $572M | $577M | $516M | -0.8% | 10.7% |
| Op. Income | $36M | $33M | $33M | 8.0% | 8.5% |
| Gross Margin | 33.9% | 34.2% | 34.8% | -0.3pp | -0.9pp |
| Net Margin | 4.8% | 4.2% | 5.1% | 0.6pp | -0.2pp |
| EPS (Diluted) | $1.47 | $1.29 | $1.39 | 14.0% | 5.8% |
| Free Cash Flow | $25M | $29M | -$13M | -14.9% | 288.9% |
| Item | Amount |
|---|---|
| REVENUE | $572M |
| Cost of Revenue | $378M |
| GROSS PROFIT | $194M |
| R&D Expenses | $0 |
| Selling & Marketing | $10M |
| General & Administrative | $115M |
| SG&A Expenses | $125M |
| Other Expenses | $33M |
| Operating Expenses | $158M |
| Cost & Expenses | $536M |
| OPERATING INCOME | $36M |
| Interest Income | $385.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $407.0K |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $34M |
| EBIT | $36M |
| EBITDA | $70M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $572M |
| Cost of Revenue | $378M |
| GROSS PROFIT | $194M |
| R&D Expenses | $0 |
| Selling & Marketing | $10M |
| General & Administrative | $115M |
| SG&A Expenses | $125M |
| Other Expenses | $33M |
| Operating Expenses | $158M |
| Cost & Expenses | $536M |
| OPERATING INCOME | $36M |
| Interest Income | $385.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $407.0K |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $34M |
| EBIT | $36M |
| EBITDA | $70M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $73M |
| Capital Expenditure | -$48M |
| Acquisitions (Net) | -$1.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $32.0K |
| NET CASH FROM INVESTING | -$48M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $79M |
| Short-Term Investments | $10M |
| Net Receivables | $279M |
| Inventory | $397M |
| Other Current Assets | $54M |
| TOTAL CURRENT ASSETS | $840M |
| PP&E (Net) | $819M |
| Goodwill | $648M |
| Intangible Assets | $146M |
| Long-Term Investments | $0 |
| Tax Assets | $567.0K |
| Other Non-Current Assets | $117M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $93M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $267M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $252M |
| TOTAL NON-CURRENT LIABILITIES | $299M |
| TOTAL LIABILITIES | $566M |
| Common Stock | $2M |
| Additional Paid-In Capital | $99M |
| Retained Earnings | $1.9B |
| 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 | $65M |
| Net Debt | -$15M |
