| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $979M | $990M | 4.0% | 2.8% |
| Op. Income | $56M | $58M | $42M | -3.7% | 32.0% |
| Gross Margin | 50.3% | 50.8% | 50.0% | -0.4pp | 0.3pp |
| Net Margin | -1.1% | 0.4% | 0.3% | -1.6pp | -1.4pp |
| EPS (Diluted) | $-0.21 | $0.08 | $0.05 | -373.8% | -547.8% |
| Free Cash Flow | -$37M | $63M | $44M | -158.4% | -183.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $505M |
| GROSS PROFIT | $513M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $204M |
| SG&A Expenses | $204M |
| Other Expenses | $243M |
| Operating Expenses | $457M |
| Cost & Expenses | $962M |
| OPERATING INCOME | $56M |
| Interest Income | $730.0K |
| Interest Expense | $29M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $31M |
| EBIT | $57M |
| EBITDA | $88M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $15M |
| Other Non-Cash Items | $312M |
| Change in Working Capital | -$386M |
| OPERATING CASH FLOW | -$20M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $66M |
| Common Stock Repurchased | -$26M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | $868.0K |
| NET CASH FROM FINANCING | $22M |
| FREE CASH FLOW | -$37M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $94M |
| Short-Term Investments | $0 |
| Net Receivables | $111M |
| Inventory | $1.2B |
| Other Current Assets | $1.3B |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $563M |
| Goodwill | $290M |
| Intangible Assets | $301M |
| Long-Term Investments | $0 |
| Tax Assets | $72M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $177M |
| Short-Term Debt | $107M |
| Deferred Revenue | $73M |
| Other Current Liabilities | $195M |
| TOTAL CURRENT LIABILITIES | $607M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $61M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $995M |
| Treasury Stock | -$1.9B |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $560M |
| Minority Interest | $0 |
| TOTAL EQUITY | $560M |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $1.6B |
| Net Debt | $1.5B |
