| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.9B | $8.9B | $8.5B | 0.1% | 4.8% |
| Op. Income | $165M | $278M | $187M | -40.6% | -11.8% |
| Gross Margin | 16.7% | 17.8% | 16.7% | -1.1pp | 0.0pp |
| Net Margin | 0.9% | 1.6% | 1.0% | -0.7pp | -0.0pp |
| EPS (Diluted) | $0.33 | $0.59 | $0.30 | -44.1% | 10.0% |
| Free Cash Flow | $52M | $63M | $218M | -17.5% | -76.1% |
| Item | Amount |
|---|---|
| REVENUE | $8.9B |
| Cost of Revenue | $7.5B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.3B |
| Other Expenses | $13M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $8.8B |
| OPERATING INCOME | $165M |
| Interest Income | $0 |
| Interest Expense | $79M |
| Other Income/Expenses | -$78M |
| INCOME BEFORE TAX | $87M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $105M |
| EBIT | $166M |
| EBITDA | $271M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $8.9B |
| Cost of Revenue | $7.5B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.3B |
| Other Expenses | $13M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $8.8B |
| OPERATING INCOME | $165M |
| Interest Income | $0 |
| Interest Expense | $79M |
| Other Income/Expenses | -$78M |
| INCOME BEFORE TAX | $87M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $105M |
| EBIT | $166M |
| EBITDA | $271M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $82M |
| Depreciation & Amortization | $105M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$78M |
| OPERATING CASH FLOW | $139M |
| Capital Expenditure | -$87M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$86M |
| Net Debt Issuance | -$31M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$55M |
| FREE CASH FLOW | $52M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $267M |
| Short-Term Investments | $0 |
| Net Receivables | $2.2B |
| Inventory | $1.6B |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $2.3B |
| Goodwill | $5.7B |
| Intangible Assets | $796M |
| Long-Term Investments | $43M |
| Tax Assets | $0 |
| Other Non-Current Assets | $317M |
| TOTAL NON-CURRENT ASSETS | $9.2B |
| TOTAL ASSETS | $13.4B |
| Account Payables | $2.3B |
| Short-Term Debt | $314M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $4.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $300M |
| Other Non-Current Liabilities | $442M |
| TOTAL NON-CURRENT LIABILITIES | $5.3B |
| TOTAL LIABILITIES | $8.6B |
| Common Stock | $3M |
| Additional Paid-In Capital | $3.7B |
| Retained Earnings | $1.6B |
| Treasury Stock | -$324M |
| Accum. Other Comp. Income | -$113M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $13.4B |
| Total Debt | $4.9B |
| Net Debt | $4.6B |
