| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.8B | $1.9B | 0.7% | -2.9% |
| Op. Income | $321M | $290M | $315M | 10.6% | 1.8% |
| Gross Margin | 46.7% | 46.2% | 44.4% | 0.5pp | 2.4pp |
| Net Margin | 13.8% | 12.6% | 12.8% | 1.2pp | 1.0pp |
| EPS (Diluted) | $1.96 | $1.74 | $1.83 | 12.6% | 7.0% |
| Free Cash Flow | $170M | $215M | $248M | -20.9% | -31.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $959M |
| GROSS PROFIT | $842M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $521M |
| Other Expenses | $0 |
| Operating Expenses | $521M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $321M |
| Interest Income | $12M |
| Interest Expense | $0 |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $332M |
| Income Tax Expense | $83M |
| Net Income from Continuing Ops | $249M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $249M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $249M |
| D&A | $58M |
| EBIT | $321M |
| EBITDA | $379M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $959M |
| GROSS PROFIT | $842M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $521M |
| Other Expenses | $0 |
| Operating Expenses | $521M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $321M |
| Interest Income | $12M |
| Interest Expense | $0 |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $332M |
| Income Tax Expense | $83M |
| Net Income from Continuing Ops | $249M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $249M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $249M |
| D&A | $58M |
| EBIT | $321M |
| EBITDA | $379M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $249M |
| Depreciation & Amortization | $58M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $64M |
| Change in Working Capital | -$136M |
| OPERATING CASH FLOW | $253M |
| Capital Expenditure | -$83M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $373.0K |
| NET CASH FROM INVESTING | -$83M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$534M |
| Common Dividends Paid | -$73M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$609M |
| FREE CASH FLOW | $170M |
| Net Change in Cash | -$438M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $827M |
| Short-Term Investments | $0 |
| Net Receivables | $106M |
| Inventory | $1.5B |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $2.2B |
| Goodwill | $77M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $109M |
| Other Non-Current Assets | $127M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $666M |
| Short-Term Debt | $0 |
| Deferred Revenue | $583M |
| Other Current Liabilities | $101M |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $133M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $545M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$435.0K |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $1.3B |
| Net Debt | $489M |
