| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue & Cost | |||||
| Total Revenue | $837.45M | $898.40M | $955.04M | $1.10B | $1.13B |
| Cost of Revenue | $246.25M | $260.72M | $269.58M | $321.06M | $351.07M |
| Gross Profit | $591.21M | $637.68M | $685.46M | $775.93M | $778.62M |
| Gross Margin % | 70.60% | 70.98% | 71.77% | 70.73% | 68.92% |
| Operating Expenses | |||||
| R&D Expenses | $0.00 | $0.00 | $0.00 | - | - |
| SG&A Expenses | $95.75M | $99.26M | $92.75M | $93.64M | $93.43M |
| Other Operating Expenses | $273.13M | $299.31M | $310.04M | $357.61M | - |
| Total Operating Expenses | $368.88M | $398.57M | $402.79M | $451.25M | $93.43M |
| Operating Performance | |||||
| Operating Income | $222.32M | $239.11M | $282.67M | $326.44M | $329.91M |
| Operating Margin % | 26.55% | 26.61% | 29.60% | 29.76% | 29.20% |
| EBITDA | $517.79M | $558.01M | $1.02B | $684.05M | $686.21M |
| EBITDA Margin % | 61.83% | 62.11% | 106.59% | 62.36% | 60.74% |
| Other Income/Expenses | |||||
| Interest Expense | $48.54M | $70.77M | $78.56M | $84.28M | $114.22M |
| Other Income/Expenses Net | $-7.09M | $-31.81M | $376.24M | $-66.95M | $-91.62M |
| Income Before Tax | $215.23M | $207.29M | $658.91M | $259.49M | $238.29M |
| Income Tax Expense | $0.00 | $0.00 | $0.00 | $84.28M | - |
| Net Performance | |||||
| Net Income | $195.44M | $187.11M | $628.14M | $175.22M | $212.24M |
| Net Margin % | 23.34% | 20.83% | 65.77% | 15.97% | 18.79% |
| EPS | $1.87 | $1.63 | $5.55 | $1.50 | $1.80 |
| Diluted EPS | $1.86 | $1.63 | $5.55 | $1.49 | $1.80 |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Cash Equivalents | $60.04M | $731.99M | $414.08M | $347.38M | $510.16M |
| Short Term Investments | $27.10M | $27.48M | $27.48M | $23.55M | $284.67M |
| Net Receivables | $366.08M | $398.67M | $420.05M | $472.78M | $474.59M |
| Inventory | - | - | - | $-9.53M | $995.28M |
| Other Current Assets | $35.02M | $101.33M | $28.24M | $9.53M | $-984.75M |
| Total Current Assets | $488.24M | $1.26B | $889.84M | $843.71M | $1.28B |
| Non-Current Assets | |||||
| Property, Plant & Equipment (Net) | $35.29M | $138.89M | $170.06M | $126.53M | $162.58M |
| Long Term Investments | $27.10M | - | - | $23.55M | - |
| Tax Assets | - | - | - | $-23.55M | - |
| Other Non-Current Assets | $8.23B | $8.59B | $9.47B | $9.76B | $9.90B |
| Total Non-Current Assets | $8.41B | $8.74B | $9.69B | $9.95B | $10.12B |
| Total Assets | |||||
| Total Assets | $8.90B | $10.00B | $10.58B | $10.80B | $11.40B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $418.85M | $445.10M | $391.26M | $392.36M | $371.18M |
| Short Term Debt | - | - | $125.55M | $124.99M | $929.72M |
| Tax Payables | - | - | - | - | - |
| Deferred Revenue | - | - | $246.11M | $277.39M | $253.00M |
| Other Current Liabilities | $53.22M | $59.43M | $-63.70M | $-60.71M | $-1.24B |
| Total Current Liabilities | $472.07M | $504.53M | $699.23M | $734.04M | $688.62M |
| Non-Current Liabilities | |||||
| Long Term Debt | $3.55B | $4.02B | $4.19B | $4.39B | $5.05B |
| Other Non-Current Liabilities | $98.40M | - | - | $538.08M | $514.98M |
| Total Non-Current Liabilities | $3.86B | $4.22B | $4.19B | $4.39B | $5.05B |
| Total Liabilities | |||||
| Total Liabilities | $4.33B | $4.72B | $4.89B | $5.12B | $5.74B |
| Shareholders Equity | |||||
| Equity Components | |||||
| Common Stock | $1.06M | $1.16M | $1.17M | $1.17M | $1.17M |
| Retained Earnings | $-58.47M | $-103.13M | $283.66M | $265.12M | $221.15M |
| Accumulated Other Comprehensive Income/Loss | - | - | - | - | $0.00 |
| Total Shareholders Equity | $4.29B | $5.03B | $5.44B | $5.44B | $5.43B |
| Key Metrics | |||||
| Balance Check | |||||
| Total Liabilities & Equity | $8.62B | $9.75B | $10.33B | $10.80B | $11.40B |
| Total Debt | $3.58B | $4.02B | $4.19B | $4.39B | $5.05B |
| Net Debt | $3.52B | $3.29B | $3.78B | $4.04B | $4.54B |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Core Operations | |||||
| Net Income | $195.44M | $187.11M | $628.14M | $259.49M | $238.29M |
| Depreciation & Amortization | $273.81M | $300.13M | $311.28M | $358.38M | $356.30M |
| Stock Based Compensation | $27.01M | $30.25M | $33.80M | $28.35M | $36.86M |
| Working Capital Changes | |||||
| Change in Accounts Receivable | - | - | - | - | - |
| Change in Inventory | - | - | - | - | - |
| Change in Accounts Payable | - | - | - | - | - |
| Other Working Capital Changes | $9.70M | $24.48M | $190.61M | $35.84M | $-521.00K |
| Total Working Capital Change | $9.70M | $24.48M | $36.92M | $35.84M | $-521.00K |
| Other Operating | |||||
| Other Non-Cash Items | $-119.44M | $-86.37M | $-493.75M | $-89.82M | $-39.89M |
| Net Cash from Operations | $386.52M | $455.59M | $516.40M | $592.24M | $602.59M |
| Investing Activities | |||||
| Capital Investments | |||||
| Capital Expenditures | - | - | - | $-586.61M | $-543.82M |
| Purchase of Investments | - | - | - | $-586.61M | $-256.58M |
| Sale of Investments | - | - | - | $33.42M | - |
| Other Investing Activities | $-1.35B | $-616.07M | $-1.80B | $553.19M | $-800.40M |
| Net Cash from Investing | $-1.23B | $-542.13M | $-747.88M | $-553.19M | $-800.40M |
| Financing Activities | |||||
| Debt & Equity | |||||
| Debt Repayment | $-986.31M | $-590.14M | $-317.45M | $-5.56M | $-668.64M |
| Stock Repurchases | $-14.56M | $-14.08M | $-21.89M | $-22.93M | $-11.60M |
| Dividends Paid | $-196.25M | $-224.58M | $-237.36M | $-247.56M | $-255.43M |
| Other Financing Activities | $1.59B | $940.46M | $412.12M | $157.30M | $-41.02M |
| Net Cash from Financing | $747.07M | $833.32M | $-164.57M | $-118.75M | $360.60M |
| Cash Position | |||||
| Summary | |||||
| Net Change in Cash | $-94.69M | $746.79M | $-396.05M | $-79.70M | $162.78M |
| Cash at Beginning of Period | $171.03M | $76.34M | $823.13M | $427.08M | $347.38M |
| Cash at End of Period | $76.34M | $823.13M | $427.08M | $347.38M | $510.16M |
| Key Metrics | |||||
| Operating Cash Flow | $386.52M | $455.59M | $516.40M | $592.24M | $602.59M |
| Capital Expenditure | $-1.17B | $-616.07M | $-1.80B | $-586.61M | $-543.82M |
| Free Cash Flow | $-779.92M | $-160.48M | $-1.28B | $5.63M | $58.77M |