| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $777M | $750M | $789M | 3.6% | -1.5% |
| Op. Income | $149M | $132M | $146M | 13.5% | 2.0% |
| Gross Margin | 46.7% | 47.2% | 47.0% | -0.6pp | -0.4pp |
| Net Margin | 15.9% | 12.2% | 13.5% | 3.7pp | 2.4pp |
| EPS (Diluted) | $0.82 | $0.60 | $0.68 | 36.7% | 20.6% |
| Free Cash Flow | $148M | $103M | $148M | 43.4% | -0.2% |
| Item | Amount |
|---|---|
| REVENUE | $777M |
| Cost of Revenue | $414M |
| GROSS PROFIT | $362M |
| R&D Expenses | $42M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $151M |
| Other Expenses | $20M |
| Operating Expenses | $213M |
| Cost & Expenses | $628M |
| OPERATING INCOME | $149M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $131M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $33M |
| EBIT | $149M |
| EBITDA | $182M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $777M |
| Cost of Revenue | $414M |
| GROSS PROFIT | $362M |
| R&D Expenses | $42M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $151M |
| Other Expenses | $20M |
| Operating Expenses | $213M |
| Cost & Expenses | $628M |
| OPERATING INCOME | $149M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $131M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $33M |
| EBIT | $149M |
| EBITDA | $182M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $124M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $168M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | -$53M |
| Common Stock Repurchased | -$60M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$116M |
| FREE CASH FLOW | $148M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $356M |
| Short-Term Investments | $0 |
| Net Receivables | $526M |
| Inventory | $338M |
| Other Current Assets | $150M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $167M |
| Goodwill | $1.7B |
| Intangible Assets | $487M |
| Long-Term Investments | $342M |
| Tax Assets | $0 |
| Other Non-Current Assets | $219M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $378M |
| Short-Term Debt | $52M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $402M |
| TOTAL CURRENT LIABILITIES | $909M |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $59M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $154M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $0 |
| Additional Paid-In Capital | $83M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$627M |
| Accum. Other Comp. Income | $56M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $9M |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $2.2B |
| Net Debt | $1.8B |
