| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | — | $2.4B | — | 22.3% |
| Op. Income | $286M | — | $214M | — | 33.7% |
| Gross Margin | 23.2% | — | 22.0% | — | 1.2pp |
| Net Margin | 8.0% | — | 7.2% | — | 0.8pp |
| EPS (Diluted) | $3.78 | — | $2.71 | — | 39.5% |
| Free Cash Flow | $230M | — | $141M | — | 63.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $678M |
| R&D Expenses | $132M |
| Selling & Marketing | $270M |
| General & Administrative | -$11M |
| SG&A Expenses | $259M |
| Other Expenses | $0 |
| Operating Expenses | $391M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $286M |
| Interest Income | $3M |
| Interest Expense | $48M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $276M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $232M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $232M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $232M |
| D&A | $120M |
| EBIT | $286M |
| EBITDA | $406M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $678M |
| R&D Expenses | $132M |
| Selling & Marketing | $270M |
| General & Administrative | -$11M |
| SG&A Expenses | $259M |
| Other Expenses | $0 |
| Operating Expenses | $391M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $286M |
| Interest Income | $3M |
| Interest Expense | $48M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $276M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $232M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $232M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $232M |
| D&A | $120M |
| EBIT | $286M |
| EBITDA | $406M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $232M |
| Depreciation & Amortization | $120M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$40M |
| Other Non-Cash Items | $23M |
| Change in Working Capital | -$28M |
| OPERATING CASH FLOW | $306M |
| Capital Expenditure | -$77M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$74M |
| Net Debt Issuance | -$68M |
| Common Stock Repurchased | -$126M |
| Common Dividends Paid | -$51M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$194M |
| FREE CASH FLOW | $230M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $137M |
| Short-Term Investments | $0 |
| Net Receivables | $764M |
| Inventory | $518M |
| Other Current Assets | $50M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $938M |
| Goodwill | $791M |
| Intangible Assets | $452M |
| Long-Term Investments | $48M |
| Tax Assets | $59M |
| Other Non-Current Assets | $252M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $234M |
| Short-Term Debt | $80M |
| Deferred Revenue | $34M |
| Other Current Liabilities | $132.0K |
| TOTAL CURRENT LIABILITIES | $617M |
| Long-Term Debt | $643M |
| Deferred Revenue NC | $415M |
| Deferred Tax Liabilities | $133M |
| Other Non-Current Liabilities | $111M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $106.0K |
| Additional Paid-In Capital | $328M |
| Retained Earnings | $2.9B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$68M |
| Other Equity | $3M |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $749M |
| Net Debt | $611M |
