| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $541M | $551M | $537M | -1.8% | 0.8% |
| Op. Income | $87M | $102M | $84M | -14.7% | 3.1% |
| Gross Margin | 10.3% | 29.1% | 55.9% | -18.7pp | -45.6pp |
| Net Margin | 8.7% | 10.5% | 7.7% | -1.9pp | 1.0pp |
| EPS (Diluted) | $0.23 | $0.28 | $0.19 | -17.9% | 21.1% |
| Free Cash Flow | $47M | $102M | $42M | -54.6% | 11.5% |
| Item | Amount |
|---|---|
| REVENUE | $541M |
| Cost of Revenue | $485M |
| GROSS PROFIT | $56M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$67M |
| SG&A Expenses | -$67M |
| Other Expenses | $36M |
| Operating Expenses | -$31M |
| Cost & Expenses | $454M |
| OPERATING INCOME | $87M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $40M |
| EBIT | $98M |
| EBITDA | $137M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $541M |
| Cost of Revenue | $485M |
| GROSS PROFIT | $56M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$67M |
| SG&A Expenses | -$67M |
| Other Expenses | $36M |
| Operating Expenses | -$31M |
| Cost & Expenses | $454M |
| OPERATING INCOME | $87M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $40M |
| EBIT | $98M |
| EBITDA | $137M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$305.0K |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $76M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $31.0K |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | -$38M |
| Common Stock Repurchased | -$47M |
| Common Dividends Paid | -$51M |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$131M |
| FREE CASH FLOW | $47M |
| Net Change in Cash | -$84M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $516M |
| Short-Term Investments | $0 |
| Net Receivables | $122M |
| Inventory | $7M |
| Other Current Assets | $156M |
| TOTAL CURRENT ASSETS | $838M |
| PP&E (Net) | $1.8B |
| Goodwill | $774M |
| Intangible Assets | $1.2B |
| Long-Term Investments | $348M |
| Tax Assets | $433M |
| Other Non-Current Assets | -$255M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $27M |
| Short-Term Debt | $29M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $172M |
| TOTAL CURRENT LIABILITIES | $382M |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $90M |
| Deferred Tax Liabilities | $270M |
| 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 | $410M |
| Treasury Stock | -$3.0B |
| Accum. Other Comp. Income | -$58M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $310M |
| Minority Interest | $0 |
| TOTAL EQUITY | $310M |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $4.1B |
| Net Debt | $3.6B |
