| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.6B | $1.6B | 4.8% | 6.0% |
| Op. Income | $132M | $48M | -$196M | 175.0% | 167.3% |
| Gross Margin | 33.5% | 31.3% | 25.7% | 2.3pp | 7.8pp |
| Net Margin | 6.2% | 2.2% | -8.1% | 4.0pp | 14.3pp |
| EPS (Diluted) | $1.29 | $0.43 | $-1.57 | 200.0% | 182.2% |
| Free Cash Flow | $273M | -$154M | $166M | 276.8% | 64.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $572M |
| R&D Expenses | $0 |
| Selling & Marketing | $215M |
| General & Administrative | $66M |
| SG&A Expenses | $281M |
| Other Expenses | $159M |
| Operating Expenses | $440M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $132M |
| Interest Income | $16M |
| Interest Expense | $7M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $139M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $105M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $105M |
| Net Income Deductions | $7M |
| BOTTOM LINE NET INCOME | $98M |
| D&A | $138M |
| EBIT | $146M |
| EBITDA | $284M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $572M |
| R&D Expenses | $0 |
| Selling & Marketing | $215M |
| General & Administrative | $66M |
| SG&A Expenses | $281M |
| Other Expenses | $159M |
| Operating Expenses | $440M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $132M |
| Interest Income | $16M |
| Interest Expense | $7M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $139M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $105M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $105M |
| Net Income Deductions | $7M |
| BOTTOM LINE NET INCOME | $98M |
| D&A | $138M |
| EBIT | $146M |
| EBITDA | $284M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $105M |
| Depreciation & Amortization | $138M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $34M |
| Other Non-Cash Items | -$21M |
| Change in Working Capital | $119M |
| OPERATING CASH FLOW | $375M |
| Capital Expenditure | -$102M |
| Acquisitions (Net) | $119M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$830.0K |
| NET CASH FROM INVESTING | $16M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$71M |
| Common Dividends Paid | -$25M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$98M |
| FREE CASH FLOW | $273M |
| Net Change in Cash | $294M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $0 |
| Net Receivables | $449M |
| Inventory | $847M |
| Other Current Assets | -$1M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $3.8B |
| Goodwill | $2.3B |
| Intangible Assets | $367M |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $530M |
| TOTAL NON-CURRENT ASSETS | $7.0B |
| TOTAL ASSETS | $9.3B |
| Account Payables | $596M |
| Short-Term Debt | $300M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $59M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $200M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $658M |
| Other Non-Current Liabilities | $209M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $2.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $5.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$308M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.2B |
| TOTAL LIABILITIES & EQUITY | $9.3B |
| Total Debt | $523M |
| Net Debt | -$481M |
