| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $535M | $541M | $529M | -1.1% | 1.1% |
| Op. Income | $81M | $87M | $84M | -6.3% | -3.9% |
| Gross Margin | 28.8% | 10.3% | 28.9% | 18.5pp | -0.1pp |
| Net Margin | 7.9% | 8.7% | 7.5% | -0.8pp | 0.3pp |
| EPS (Diluted) | $0.20 | $0.23 | $0.19 | -13.0% | 5.3% |
| Free Cash Flow | $83M | $47M | $41M | 77.5% | 102.9% |
| Item | Amount |
|---|---|
| REVENUE | $535M |
| Cost of Revenue | $381M |
| GROSS PROFIT | $154M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $29M |
| SG&A Expenses | $29M |
| Other Expenses | $44M |
| Operating Expenses | $73M |
| Cost & Expenses | $454M |
| OPERATING INCOME | $81M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $39M |
| EBIT | $88M |
| EBITDA | $127M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $535M |
| Cost of Revenue | $381M |
| GROSS PROFIT | $154M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $29M |
| SG&A Expenses | $29M |
| Other Expenses | $44M |
| Operating Expenses | $73M |
| Cost & Expenses | $454M |
| OPERATING INCOME | $81M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $39M |
| EBIT | $88M |
| EBITDA | $127M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $603.0K |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $100M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $26.0K |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$13M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$51M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$73M |
| FREE CASH FLOW | $83M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $498M |
| Short-Term Investments | $0 |
| Net Receivables | $193M |
| Inventory | $6M |
| Other Current Assets | $133M |
| TOTAL CURRENT ASSETS | $868M |
| PP&E (Net) | $1.8B |
| Goodwill | $773M |
| Intangible Assets | $1.2B |
| Long-Term Investments | $340M |
| Tax Assets | $271M |
| Other Non-Current Assets | -$87M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $26M |
| Short-Term Debt | $29M |
| Deferred Revenue | $144M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $425M |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $89M |
| Deferred Tax Liabilities | $271M |
| Other Non-Current Liabilities | $90M |
| TOTAL NON-CURRENT LIABILITIES | $4.5B |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $47M |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | $400M |
| Treasury Stock | -$3.1B |
| Accum. Other Comp. Income | -$63M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $294M |
| Minority Interest | $0 |
| TOTAL EQUITY | $294M |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $4.1B |
| Net Debt | $3.6B |
