| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.7B | $9.7B | $9.1B | 0.2% | 6.8% |
| Op. Income | $279M | $353M | $230M | -21.0% | 21.3% |
| Gross Margin | 17.1% | 17.6% | 16.9% | -0.4pp | 0.2pp |
| Net Margin | 1.5% | 2.0% | 1.0% | -0.5pp | 0.5pp |
| EPS (Diluted) | $0.61 | $0.80 | $0.38 | -23.8% | 60.5% |
| Free Cash Flow | $190M | $413M | $223M | -54.0% | -14.8% |
| Item | Amount |
|---|---|
| REVENUE | $9.7B |
| Cost of Revenue | $8.1B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.4B |
| Other Expenses | $9M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $9.4B |
| OPERATING INCOME | $279M |
| Interest Income | $0 |
| Interest Expense | $75M |
| Other Income/Expenses | -$78M |
| INCOME BEFORE TAX | $201M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $148M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $148M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $148M |
| D&A | $114M |
| EBIT | $276M |
| EBITDA | $390M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $9.7B |
| Cost of Revenue | $8.1B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.4B |
| Other Expenses | $9M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $9.4B |
| OPERATING INCOME | $279M |
| Interest Income | $0 |
| Interest Expense | $75M |
| Other Income/Expenses | -$78M |
| INCOME BEFORE TAX | $201M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $148M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $148M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $148M |
| D&A | $114M |
| EBIT | $276M |
| EBITDA | $390M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $148M |
| Depreciation & Amortization | $114M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$22M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $270M |
| Capital Expenditure | -$80M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$79M |
| Net Debt Issuance | $49M |
| Common Stock Repurchased | -$574M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | -$515M |
| FREE CASH FLOW | $190M |
| Net Change in Cash | -$324M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $81M |
| Short-Term Investments | $0 |
| Net Receivables | $2.3B |
| Inventory | $1.6B |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $2.4B |
| Goodwill | $5.8B |
| Intangible Assets | $852M |
| Long-Term Investments | $48M |
| Tax Assets | $0 |
| Other Non-Current Assets | $322M |
| TOTAL NON-CURRENT ASSETS | $9.4B |
| TOTAL ASSETS | $13.5B |
| Account Payables | $2.4B |
| Short-Term Debt | $297M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.5B |
| Long-Term Debt | $4.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $261M |
| Other Non-Current Liabilities | $468M |
| TOTAL NON-CURRENT LIABILITIES | $5.4B |
| TOTAL LIABILITIES | $8.9B |
| Common Stock | $3M |
| Additional Paid-In Capital | $3.7B |
| Retained Earnings | $1.9B |
| Treasury Stock | -$945M |
| Accum. Other Comp. Income | -$111M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.6B |
| TOTAL LIABILITIES & EQUITY | $13.5B |
| Total Debt | $5.0B |
| Net Debt | $4.9B |
