| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue & Cost | |||||
| Total Revenue | $425.98M | $448.03M | $476.29M | $539.93M | $614.03M |
| Cost of Revenue | $116.59M | $119.20M | $131.30M | $143.66M | $169.32M |
| Gross Profit | $309.40M | $328.83M | $344.99M | $396.27M | $444.71M |
| Gross Margin % | 72.63% | 73.40% | 72.43% | 73.39% | 72.42% |
| Operating Expenses | |||||
| R&D Expenses | $0.00 | $0.00 | $0.00 | $909.00K | - |
| SG&A Expenses | $28.57M | $32.85M | $34.61M | $33.97M | $37.12M |
| Other Operating Expenses | $121.23M | $129.64M | $130.95M | $147.42M | - |
| Total Operating Expenses | $149.80M | $162.49M | $165.56M | $182.30M | $448.37M |
| Operating Performance | |||||
| Operating Income | $159.60M | $166.35M | $179.43M | $210.78M | $315.60M |
| Operating Margin % | 37.47% | 37.13% | 37.67% | 39.04% | 51.40% |
| EBITDA | $419.57M | $387.45M | $459.04M | $358.20M | $413.32M |
| EBITDA Margin % | 98.49% | 86.48% | 96.38% | 66.34% | 67.31% |
| Other Income/Expenses | |||||
| Interest Expense | $50.27M | $51.29M | $44.10M | $49.01M | $74.34M |
| Other Income/Expenses Net | $71.45M | $32.03M | $102.78M | $79.26M | $-53.28M |
| Income Before Tax | $231.05M | $198.38M | $282.21M | $290.03M | $262.32M |
| Income Tax Expense | $3.41M | $2.41M | $4.88M | $23.36M | $8.69M |
| Net Performance | |||||
| Net Income | $238.78M | $195.99M | $271.00M | $266.67M | $274.82M |
| Net Margin % | 56.05% | 43.74% | 56.90% | 49.39% | 44.76% |
| EPS | $1.89 | $1.53 | $2.09 | $2.02 | $2.08 |
| Diluted EPS | $1.88 | $1.53 | $2.09 | $2.02 | $2.07 |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Cash Equivalents | $21.12M | $162.09M | $58.59M | $133.24M | $43.84M |
| Short Term Investments | - | - | $4.65B | $8.82M | - |
| Net Receivables | $86.23M | $90.28M | $103.83M | $130.05M | $155.03M |
| Inventory | - | - | - | $11.87M | - |
| Other Current Assets | $314.43M | $172.55M | $-4.49B | $200.10M | - |
| Total Current Assets | $421.78M | $424.92M | $318.66M | $475.27M | $198.87M |
| Non-Current Assets | |||||
| Property, Plant & Equipment (Net) | $24.88M | $25.21M | $24.93M | $24.58M | $24.21M |
| Long Term Investments | $18.21M | $45.70M | $36.05M | $8.82M | $44.66M |
| Tax Assets | - | - | - | - | $155.96M |
| Other Non-Current Assets | $3.05B | $3.30B | $3.80B | $4.42B | $4.86B |
| Total Non-Current Assets | $3.10B | $3.37B | $3.86B | $4.48B | $4.95B |
| Total Assets | |||||
| Total Assets | $3.52B | $3.79B | $4.18B | $4.95B | $5.18B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $114.64M | $120.29M | $153.10M | $178.88M | $143.43M |
| Short Term Debt | - | - | - | $143.00M | $2.85M |
| Tax Payables | - | - | - | - | - |
| Deferred Revenue | - | - | - | - | - |
| Other Current Liabilities | $30.57M | $33.70M | $37.18M | $41.26M | $32.35M |
| Total Current Liabilities | $145.20M | $154.00M | $190.27M | $363.14M | $178.63M |
| Non-Current Liabilities | |||||
| Long Term Debt | $1.48B | $1.62B | $1.63B | $1.95B | $1.95B |
| Other Non-Current Liabilities | $34.26M | $11.06M | $9.25M | $15.15M | $106.73M |
| Total Non-Current Liabilities | $1.58B | $1.69B | $1.74B | $2.06B | $2.05B |
| Total Liabilities | |||||
| Total Liabilities | $1.72B | $1.84B | $1.93B | $2.42B | $2.54B |
| Shareholders Equity | |||||
| Equity Components | |||||
| Common Stock | $1.27M | $1.29M | $1.32M | $1.32M | $1.32M |
| Retained Earnings | $-370.84M | $-306.29M | $-178.29M | $23.13M | $127.71M |
| Accumulated Other Comprehensive Income/Loss | $-6.88M | $-16.95M | $-4.24M | $33.41M | $22.27M |
| Total Shareholders Equity | $1.76B | $1.90B | $2.19B | $2.53B | $2.56B |
| Key Metrics | |||||
| Balance Check | |||||
| Total Liabilities & Equity | $3.48B | $3.75B | $4.13B | $4.95B | $5.18B |
| Total Debt | $1.51B | $1.62B | $1.63B | $2.09B | $2.25B |
| Net Debt | $1.48B | $1.46B | $1.57B | $1.96B | $2.20B |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Core Operations | |||||
| Net Income | $238.78M | $195.99M | $271.00M | $381.61M | $285.84M |
| Depreciation & Amortization | $127.11M | $137.76M | $139.06M | $152.32M | $164.52M |
| Stock Based Compensation | - | - | - | $32.85M | $16.67M |
| Working Capital Changes | |||||
| Change in Accounts Receivable | $-11.44M | $4.51M | $-337.00K | $-4.90M | $-2.37M |
| Change in Inventory | - | - | - | $-26.46M | $6.78M |
| Change in Accounts Payable | $22.10M | $-2.67M | $13.95M | $31.31M | $-4.42M |
| Other Working Capital Changes | $276.58M | $270.93M | $128.38M | $26.46M | $-6.78M |
| Total Working Capital Change | $10.66M | $1.84M | $13.61M | $26.41M | $-6.78M |
| Other Operating | |||||
| Other Non-Cash Items | $-130.93M | $-94.51M | $-156.63M | $-182.29M | $-146.74M |
| Net Cash from Operations | $245.62M | $241.08M | $267.03M | $410.90M | $304.81M |
| Investing Activities | |||||
| Capital Investments | |||||
| Capital Expenditures | - | - | - | $-522.37M | $-480.64M |
| Purchase of Investments | - | - | - | $-5.62M | $-12.35M |
| Sale of Investments | - | - | - | $175.41M | $120.41M |
| Other Investing Activities | $-205.18M | $-208.99M | $-415.27M | $-270.92M | $6.62M |
| Net Cash from Investing | $-205.39M | $-251.74M | $-416.82M | $-629.11M | $-378.31M |
| Financing Activities | |||||
| Debt & Equity | |||||
| Debt Repayment | $-380.25M | $-435.15M | $-274.45M | $-725.47M | $-218.32M |
| Stock Repurchases | - | - | - | $-2.94M | $-2.51M |
| Dividends Paid | $-117.21M | $-127.34M | $-139.71M | $-155.33M | $-169.37M |
| Other Financing Activities | $559.58M | $541.36M | $277.32M | $1.18B | $359.91M |
| Net Cash from Financing | $62.11M | $57.60M | $8.92M | $304.55M | $-27.78M |
| Cash Position | |||||
| Summary | |||||
| Net Change in Cash | $102.35M | $46.94M | $-140.88M | $86.34M | $-101.27M |
| Cash at Beginning of Period | $50.37M | $152.72M | $199.66M | $58.78M | $145.12M |
| Cash at End of Period | $152.72M | $199.66M | $58.78M | $145.12M | $43.84M |
| Key Metrics | |||||
| Operating Cash Flow | $245.62M | $241.08M | $267.03M | $410.90M | $304.81M |
| Capital Expenditure | - | - | - | $-522.37M | $-480.64M |
| Free Cash Flow | $245.62M | $241.08M | $267.03M | $-111.47M | $-175.82M |