| Metrics | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Revenue & Cost | ||||
| Total Revenue | $4.35B | $5.85B | $6.81B | $6.40B |
| Cost of Revenue | $3.13B | $4.18B | $4.87B | $4.57B |
| Gross Profit | $1.21B | $1.67B | $1.95B | $1.83B |
| Gross Margin % | 27.90% | 28.50% | 28.58% | 28.63% |
| Operating Expenses | ||||
| R&D Expenses | $125.00M | $154.00M | $202.90M | $185.20M |
| SG&A Expenses | $0.00 | $697.00M | $771.40M | $812.20M |
| Other Operating Expenses | $714.00M | $0.00 | $-6.10M | - |
| Total Operating Expenses | $839.00M | $851.00M | $974.30M | $997.40M |
| Operating Performance | ||||
| Operating Income | $374.00M | $595.00M | $947.80M | $734.90M |
| Operating Margin % | 8.60% | 10.18% | 13.91% | 11.48% |
| EBITDA | $605.00M | $921.00M | $1.21B | $1.01B |
| EBITDA Margin % | 13.92% | 15.75% | 17.73% | 15.85% |
| Other Income/Expenses | ||||
| Interest Expense | $67.00M | $-65.00M | $98.10M | $112.40M |
| Other Income/Expenses Net | $164.00M | $213.00M | $-94.20M | $-106.00M |
| Income Before Tax | $538.00M | $808.00M | $853.60M | $628.90M |
| Income Tax Expense | $98.00M | $141.00M | $172.30M | $196.30M |
| Net Performance | ||||
| Net Income | $440.00M | $667.00M | $677.00M | $420.40M |
| Net Margin % | 10.12% | 11.41% | 9.94% | 6.57% |
| EPS | $79.20 | $77.80 | $9.05 | $5.99 |
| Diluted EPS | $79.20 | $77.80 | $9.00 | $5.96 |
| Metrics | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Assets | ||||
| Current Assets | ||||
| Cash & Cash Equivalents | $519.00M | $354.00M | $595.60M | $467.80M |
| Short Term Investments | $56.00M | $367.00M | $4.50M | $800.00K |
| Net Receivables | $337.00M | $485.00M | $543.00M | $493.20M |
| Inventory | $711.00M | $1.21B | $1.47B | $1.48B |
| Other Current Assets | $12.00M | $-354.00M | $67.80M | $60.00M |
| Total Current Assets | $1.64B | $2.06B | $2.70B | $2.51B |
| Non-Current Assets | ||||
| Property, Plant & Equipment (Net) | $83.00M | $92.00M | $1.39B | $1.47B |
| Long Term Investments | - | $43.00M | $54.00M | $38.70M |
| Tax Assets | $136.00M | $146.00M | $203.30M | $186.80M |
| Other Non-Current Assets | $14.00M | - | $18.20M | $18.60M |
| Total Non-Current Assets | $1.20B | $2.22B | $3.63B | $3.72B |
| Total Assets | ||||
| Total Assets | $2.84B | $5.43B | $6.32B | $6.23B |
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts Payable | $457.00M | $693.00M | $662.60M | $558.00M |
| Short Term Debt | $43.00M | $224.00M | $89.00M | $483.00M |
| Tax Payables | - | - | $16.30M | $10.20M |
| Deferred Revenue | - | - | $70.30M | $73.70M |
| Other Current Liabilities | - | - | $668.00M | $69.20M |
| Total Current Liabilities | $500.00M | $917.00M | $1.49B | $1.75B |
| Non-Current Liabilities | ||||
| Long Term Debt | $908.00M | $1.74B | $2.42B | $2.11B |
| Other Non-Current Liabilities | - | - | $308.40M | $216.50M |
| Total Non-Current Liabilities | $908.00M | $1.74B | $2.79B | $2.39B |
| Total Liabilities | ||||
| Total Liabilities | - | - | $4.28B | $4.14B |
| Shareholders Equity | ||||
| Equity Components | ||||
| Common Stock | $76.00M | $76.00M | $76.90M | $76.90M |
| Retained Earnings | $2.23B | $2.72B | $3.29B | $3.60B |
| Accumulated Other Comprehensive Income/Loss | $-42.00M | $-31.00M | $-29.50M | $-25.70M |
| Total Shareholders Equity | $3.77B | - | $2.04B | $2.09B |
| Key Metrics | ||||
| Balance Check | ||||
| Total Liabilities & Equity | $3.77B | $5.43B | $6.32B | $6.23B |
| Total Debt | $951.00M | $1.97B | $2.51B | $2.59B |
| Net Debt | $432.00M | $1.61B | $1.91B | $2.12B |
| Metrics | 2021 | 2022 | 2023 |
|---|---|---|---|
| Operating Activities | |||
| Core Operations | |||
| Net Income | $667.00M | $681.30M | $432.60M |
| Depreciation & Amortization | $178.00M | $231.20M | $272.90M |
| Stock Based Compensation | $29.00M | $21.90M | $22.40M |
| Working Capital Changes | |||
| Change in Accounts Receivable | $-85.00M | $-74.60M | $55.00M |
| Change in Inventory | $-343.00M | $-292.80M | $700.00K |
| Change in Accounts Payable | $134.00M | $-12.20M | $-86.10M |
| Other Working Capital Changes | $1.14B | $29.00M | $14.60M |
| Total Working Capital Change | $-267.00M | $-350.60M | $-15.80M |
| Other Operating | |||
| Other Non-Cash Items | - | $22.20M | $7.50M |
| Net Cash from Operations | $586.00M | $586.10M | $733.60M |
| Investing Activities | |||
| Capital Investments | |||
| Capital Expenditures | $7.00M | $-388.30M | $-289.30M |
| Purchase of Investments | - | $-71.30M | $-4.60M |
| Sale of Investments | $55.00M | $98.90M | $3.80M |
| Other Investing Activities | $-277.00M | $11.30M | $14.80M |
| Net Cash from Investing | $-1.35B | $-443.20M | $-378.90M |
| Financing Activities | |||
| Debt & Equity | |||
| Debt Repayment | $-10.00M | $-184.10M | $-90.90M |
| Stock Repurchases | $-120.00M | $-450.00M | $-275.00M |
| Dividends Paid | $-98.00M | $-108.60M | $-112.00M |
| Other Financing Activities | $849.00M | $853.50M | $-13.80M |
| Net Cash from Financing | $621.00M | $110.80M | $-487.00M |
| Cash Position | |||
| Summary | |||
| Net Change in Cash | - | $228.90M | $-140.70M |
| Cash at Beginning of Period | - | $366.70M | $608.50M |
| Cash at End of Period | - | $595.60M | $467.80M |
| Key Metrics | |||
| Operating Cash Flow | $586.00M | $586.10M | $733.60M |
| Capital Expenditure | $-267.00M | $-388.30M | $-289.30M |
| Free Cash Flow | $319.00M | $197.80M | $444.30M |