| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue & Cost | |||||
| Total Revenue | $2.85B | $2.72B | $2.87B | $3.27B | $3.65B |
| Cost of Revenue | $1.60B | $1.54B | $1.66B | $1.95B | $2.07B |
| Gross Profit | $1.25B | $1.18B | $1.20B | $1.32B | $1.58B |
| Gross Margin % | 43.88% | 43.34% | 42.02% | 40.42% | 43.32% |
| Operating Expenses | |||||
| R&D Expenses | $0.00 | $0.00 | $0.00 | $74.50M | $101.90M |
| SG&A Expenses | $687.20M | $635.70M | $674.70M | $736.00M | $865.60M |
| Other Operating Expenses | $0.00 | $0.00 | $0.00 | $11.60M | $-94.40M |
| Total Operating Expenses | $687.20M | $635.70M | $674.70M | $736.00M | $873.10M |
| Operating Performance | |||||
| Operating Income | $565.10M | $403.50M | $530.20M | $586.40M | $708.40M |
| Operating Margin % | 19.80% | 14.84% | 18.49% | 17.92% | 19.40% |
| EBITDA | $613.90M | $497.30M | $657.00M | $695.90M | $819.30M |
| EBITDA Margin % | 21.51% | 18.28% | 22.91% | 21.27% | 22.44% |
| Other Income/Expenses | |||||
| Interest Expense | $56.00M | $51.10M | $50.20M | $75.90M | $93.10M |
| Other Income/Expenses Net | $-89.90M | $-38.10M | $-6.20M | $-71.90M | $-91.20M |
| Income Before Tax | $475.20M | $365.40M | $524.00M | $514.50M | $617.20M |
| Income Tax Expense | $73.10M | $50.90M | $40.70M | $56.20M | $76.60M |
| Net Performance | |||||
| Net Income | $401.80M | $314.30M | $483.00M | $458.00M | $540.40M |
| Net Margin % | 14.08% | 11.56% | 16.84% | 14.00% | 14.80% |
| EPS | $4.29 | $3.41 | $5.37 | $5.20 | $6.15 |
| Diluted EPS | $4.26 | $3.39 | $5.34 | $5.19 | $6.12 |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Cash Equivalents | $355.30M | $480.40M | $397.90M | $288.00M | $468.10M |
| Short Term Investments | - | - | - | - | - |
| Net Receivables | $344.00M | $347.60M | $312.40M | $395.60M | $421.70M |
| Inventory | $269.90M | $283.10M | $380.40M | $479.00M | $438.50M |
| Other Current Assets | $32.60M | $33.90M | $26.90M | $48.50M | $32.60M |
| Total Current Assets | $1.00B | $1.15B | $1.12B | $1.21B | $1.36B |
| Non-Current Assets | |||||
| Property, Plant & Equipment (Net) | $291.40M | $294.90M | $283.70M | $308.70M | $358.10M |
| Long Term Investments | - | - | - | $46.80M | $65.80M |
| Tax Assets | $112.50M | $126.70M | $154.50M | $227.60M | $292.90M |
| Other Non-Current Assets | $177.30M | $196.70M | $243.90M | $171.50M | $217.90M |
| Total Non-Current Assets | $1.97B | $1.92B | $1.93B | $2.78B | $2.95B |
| Total Assets | |||||
| Total Assets | $2.97B | $3.07B | $3.05B | $3.99B | $4.31B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $221.00M | $220.40M | $259.10M | $280.70M | $259.20M |
| Short Term Debt | $100.00K | $200.00K | $12.60M | $12.60M | $446.30M |
| Tax Payables | $12.80M | $18.20M | $11.90M | $27.70M | $14.90M |
| Deferred Revenue | - | - | - | - | $-842.50M |
| Other Current Liabilities | $273.10M | $282.70M | $317.60M | $410.30M | $359.30M |
| Total Current Liabilities | $507.00M | $521.50M | $601.20M | $703.60M | $1.08B |
| Non-Current Liabilities | |||||
| Long Term Debt | $1.43B | $1.43B | $1.43B | $2.08B | $1.72B |
| Other Non-Current Liabilities | $164.40M | $180.20M | $157.10M | $159.60M | $100.20M |
| Total Non-Current Liabilities | $1.70B | $1.72B | $1.69B | $2.34B | $1.91B |
| Total Liabilities | |||||
| Total Liabilities | $2.21B | $2.24B | $2.29B | $3.05B | $2.99B |
| Shareholders Equity | |||||
| Equity Components | |||||
| Common Stock | $900.00K | $900.00K | $900.00K | $900.00K | $900.00K |
| Retained Earnings | $975.10M | $985.60M | $952.60M | $1.21B | $1.58B |
| Accumulated Other Comprehensive Income/Loss | $-218.60M | $-157.10M | $-194.40M | $-285.80M | $-261.50M |
| Total Shareholders Equity | $757.40M | $829.40M | $759.10M | $944.50M | $1.32B |
| Key Metrics | |||||
| Balance Check | |||||
| Total Liabilities & Equity | $2.96B | $3.07B | $3.05B | $3.99B | $4.31B |
| Total Debt | $1.43B | $1.43B | $1.44B | $2.09B | $2.02B |
| Net Debt | $1.07B | $949.20M | $1.04B | $1.81B | $1.55B |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Core Operations | |||||
| Net Income | $402.10M | $314.50M | $483.30M | $458.30M | $540.60M |
| Depreciation & Amortization | $83.00M | $81.00M | $83.10M | $97.90M | $111.60M |
| Stock Based Compensation | $20.40M | $20.80M | $23.40M | $24.50M | $26.40M |
| Working Capital Changes | |||||
| Change in Accounts Receivable | - | - | - | $-53.40M | $-11.90M |
| Change in Inventory | $5.40M | $-7.80M | $-105.60M | $-61.70M | $44.60M |
| Change in Accounts Payable | $-11.00M | $-1.60M | $40.00M | $2.50M | $-33.60M |
| Other Working Capital Changes | - | - | - | $15.90M | $-16.90M |
| Total Working Capital Change | $-22.20M | $-36.20M | $-40.20M | $-96.70M | $-17.80M |
| Other Operating | |||||
| Other Non-Cash Items | $35.10M | $134.60M | $-17.20M | $46.80M | $7.50M |
| Net Cash from Operations | $488.20M | $490.30M | $488.60M | $459.50M | $600.60M |
| Investing Activities | |||||
| Capital Investments | |||||
| Capital Expenditures | - | - | - | $-64.00M | $-84.20M |
| Purchase of Investments | - | $-3.00M | - | - | - |
| Sale of Investments | - | - | - | - | - |
| Other Investing Activities | $-73.30M | $-41.20M | $-32.70M | $-7.00M | $-13.20M |
| Net Cash from Investing | $-77.60M | $-56.70M | $-31.60M | $-994.10M | $-129.10M |
| Financing Activities | |||||
| Debt & Equity | |||||
| Debt Repayment | $-417.70M | $-200.00K | $-238.90M | $-283.60M | $-81.60M |
| Stock Repurchases | $-226.00M | $-208.80M | $-412.80M | $-61.00M | $-59.90M |
| Dividends Paid | $-100.60M | $-117.30M | $-129.00M | $-143.90M | $-158.70M |
| Other Financing Activities | $402.10M | $4.40M | $251.40M | $925.50M | $1.50M |
| Net Cash from Financing | $-342.20M | $-321.90M | $-529.30M | $437.00M | $-298.70M |
| Cash Position | |||||
| Summary | |||||
| Net Change in Cash | $68.10M | $121.70M | $-82.50M | $-109.90M | $180.10M |
| Cash at Beginning of Period | $290.60M | $358.70M | $480.40M | $397.90M | $288.00M |
| Cash at End of Period | $358.70M | $480.40M | $397.90M | $288.00M | $468.10M |
| Key Metrics | |||||
| Operating Cash Flow | $488.20M | $490.30M | $488.60M | $459.50M | $600.60M |
| Capital Expenditure | $-65.60M | $-47.10M | $-45.40M | $-64.00M | $-84.20M |
| Free Cash Flow | $422.60M | $443.20M | $443.20M | $395.50M | $516.40M |