| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $596M | $633M | $657M | -5.8% | -9.3% |
| Op. Income | $61M | $78M | $58M | -21.3% | 5.9% |
| Gross Margin | 18.2% | 19.4% | 14.4% | -1.3pp | 3.8pp |
| Net Margin | 8.5% | 8.7% | 6.3% | -0.3pp | 2.1pp |
| EPS (Diluted) | $1.07 | $1.16 | $0.84 | -7.8% | 27.4% |
| Free Cash Flow | $106M | $29M | $37M | 264.7% | 184.9% |
| Item | Amount |
|---|---|
| REVENUE | $596M |
| Cost of Revenue | $488M |
| GROSS PROFIT | $108M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $37M |
| SG&A Expenses | $44M |
| Other Expenses | $3M |
| Operating Expenses | $47M |
| Cost & Expenses | $535M |
| OPERATING INCOME | $61M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $13M |
| EBIT | $62M |
| EBITDA | $75M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $596M |
| Cost of Revenue | $488M |
| GROSS PROFIT | $108M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $37M |
| SG&A Expenses | $44M |
| Other Expenses | $3M |
| Operating Expenses | $47M |
| Cost & Expenses | $535M |
| OPERATING INCOME | $61M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $13M |
| EBIT | $62M |
| EBITDA | $75M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$23M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $71M |
| OPERATING CASH FLOW | $115M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $154.0K |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$7.0K |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $106M |
| Net Change in Cash | $74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $179M |
| Short-Term Investments | $0 |
| Net Receivables | $195M |
| Inventory | $268M |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $681M |
| PP&E (Net) | $358M |
| Goodwill | $188M |
| Intangible Assets | $94M |
| Long-Term Investments | $2M |
| Tax Assets | $51M |
| Other Non-Current Assets | $39M |
| TOTAL NON-CURRENT ASSETS | $733M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $157M |
| Short-Term Debt | $9M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $122M |
| TOTAL CURRENT LIABILITIES | $352M |
| Long-Term Debt | $396M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $69M |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $512M |
| TOTAL LIABILITIES | $864M |
| Common Stock | $774.0K |
| Additional Paid-In Capital | $678M |
| Retained Earnings | $404M |
| Treasury Stock | -$533M |
| Accum. Other Comp. Income | -$428.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $549M |
| Minority Interest | $603.0K |
| TOTAL EQUITY | $550M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $429M |
| Net Debt | $249M |
