Artisan Partners Asset Management Inc. logo APAM - Artisan Partners Asset Management Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 5
HOLD 8
SELL 2
STRONG
SELL
0
| PRICE TARGET: $40.00 DETAILS
HIGH: $43.00
LOW: $37.00
MEDIAN: $40.00
CONSENSUS: $40.00
UPSIDE: 5.88%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q2 2010 Q1
Revenue
Revenue 295.4 350.7 301.3 282.7 277.1 297.1 279.6 270.8 264.4 249.0 248.7 242.9 234.5 226 234.3 251.4 281.6 315.0 316.6 304.9 290.7 261.1 232.8 202.9 202.8 208.3 203.0 200.7 187.0 191.5 212.8 212.3 212.0 210.7 204.6 196.3 184.1 181.5 184.1 180.8 174.5 192.0 198.3 211.6 203.6 206.0 212.4 208.5 201.8 197.6 178.1 161.9 148.2 137.0 128.1 120.8 119.7 111.7 110.3 120.2 112.9 91.9 91.1
Cost of Revenue 2.3 2 163.2 165.9 155.2 148.4 149.0 146.8 149.9 136.8 130.6 130.4 131.5 120.6 122.1 127.4 139.9 143.3 142.2 138.0 139.5 120.2 108.7 102.2 104.7 99.8 99.8 101.5 99.3 98.8 102.7 106.7 105.2 102.0 98.5 102.8 99.6 97.1 96.4 95.1 95.3 99.3 101.7 104.4 108.8 100.8 103.1 101.5 109.5 111.4 102.9 93.1 548.9 77.6 144.5 62.4 98.7 65.8 167.4 0 0 0 0
Gross Profit 293.1 348.7 138.0 116.9 122.0 148.6 130.5 124.0 114.5 112.2 118.1 112.5 103.0 105.4 112.2 124.0 141.7 171.7 174.3 166.9 151.2 140.9 124.1 100.7 98.1 108.5 103.1 99.2 87.7 92.7 110.0 105.6 106.8 108.7 106.0 93.5 84.5 84.4 87.7 85.6 79.2 92.7 96.6 107.2 94.7 105.2 109.3 107.0 92.3 86.2 75.2 68.8 (400.7) 59.5 (16.4) 58.4 21.0 45.9 (57.2) 120.2 112.9 91.9 91.1
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 19 38.7 36.2 37.1 35.5 39.5 37.4 37.4 36.8 35.8 35.9 35.8 34.7 35.0 33.5 35.6 34.7 33.9 31.3 29.1 29.4 27.4 26.9 24.1 27.2 29.1 27.6 28.4 29.9 28.8 28.2 26.7 26.8 27.5 25.4 26.9 26.5 25.9 25.8 26.6 24.4 26.9 26.1 28.8 27 27.3 28.2 26.2 25.1 27.8 21.7 20.4 20.6 20.0 21.8 16.9 16.7 19.2 (127.6) 80.2 95.8 79.3 67.2
Other Expenses 187.3 163.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses 206.3 202 36.2 37.1 35.5 39.5 37.4 37.4 36.8 35.8 35.9 35.8 34.7 35 33.5 35.6 34.7 33.9 31.3 29.1 29.4 27.4 26.9 24.2 27.1 29.1 27.6 28.3 29.9 28.8 28.2 26.7 26.8 27.5 25.4 26.9 26.5 25.9 25.8 26.7 24.5 27.0 26.1 28.9 27 27.3 28.3 26.2 25.1 27.8 21.7 20.4 20.6 20.0 21.8 16.9 16.7 19.2 (127.6) 80.2 95.8 79.3 67.2
Operating Income
Operating Income 86.8 146.7 101.8 79.8 86.5 109.2 93.2 86.6 77.6 76.4 82.2 76.7 68.3 70.0 78.7 88.4 107.0 137.8 143.1 137.8 121.8 113.5 97.2 76.6 71.0 79.3 75.5 70.9 57.7 64.2 81.8 78.9 80.0 81.2 80.6 66.5 58.0 58.6 61.9 59.0 54.7 65.7 70.6 78.3 67.8 77.9 81.0 80.8 67.2 58.4 53.4 48.4 (421.3) 39.4 (38.2) 41.5 4.4 26.7 70.5 40.0 17.2 12.6 23.8
Interest Expense 2.1 2.1 2.2 2.2 2.1 2.2 2.2 2.2 2.1 2.1 2.3 2.2 2.1 2.1 2.5 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.8 2.8 2.8 2.8 2.8 2.8 2.8 2.8 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 3.0 3.0 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 3.2 3.3 2.9 2.6 2.7 2.9 3.1 5.7 6.7 5.3 6.2
Interest Income 1.9 5.3 2.6 2.0 1.9 3.0 2.8 2.1 1.8 2.5 2.1 1.2 0.5 0 0.1 0.1 0.0 0.0 0 0 0.0 0.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.0) 0.0 0.0 0.0 0.0
Profitability
EBITDA 90.8 151.6 128.0 125.5 101.9 117.6 133.7 94.6 113.1 78.9 92.7 96.7 94.5 87.7 72.5 65.0 105.5 140.5 146.0 151.8 130.2 129.4 107.6 92.3 57.4 88.0 59.2 75.8 63.5 61.8 85.5 83.7 88.0 376.4 84.2 67.8 59.3 60.0 64.8 60.3 55.9 67.0 65.8 79.8 62.4 77.0 82.2 76.2 67.2 75.2 66.6 56.6 (391.0) 41.3 (32.2) 41.3 7.1 24.3 69.3 40.6 17.6 13.2 25.0
EBIT 88.5 149.6 125.7 123.0 99.4 115.3 131.0 92.2 110.7 76.4 90.3 94.4 92.5 84.9 69.7 63.1 103.9 139.2 144.1 150.1 128.9 127.8 105.9 90.7 55.8 86.4 57.6 74.3 62.0 60.1 83.7 82.5 86.7 375.0 82.9 66.5 58.0 58.6 63.4 59.0 54.7 65.7 64.7 78.7 61.4 76.0 81.4 75.5 66.3 74.3 65.8 55.8 (391.7) 40.5 (32.8) 40.8 6.6 23.6 68.7 40.1 17.1 12.6 24.5
Income Before Tax 86.4 147.5 123.4 120.8 97.3 113.1 128.8 90.0 108.7 113.0 88.0 92.2 90.4 83.0 67.2 60.4 101.2 136.6 141.4 147.3 126.2 125.1 103.1 88.0 53.1 83.7 54.9 71.5 59.3 57.3 80.9 79.6 83.9 372.2 80.0 63.8 55.3 56.0 60.5 56.1 51.8 62.8 61.8 75.8 58.5 73.2 78.5 72.6 63.4 71.4 62.9 52.9 (394.9) 37.2 (35.7) 38.2 3.9 20.8 65.6 34.3 10.4 7.3 18.3
Income Tax Expense 18.8 29.5 37.0 24.9 20.0 25.6 24.6 18.7 22.0 20.2 14.6 18.4 18.6 16.7 14.8 13.2 18.8 29 28.1 28.5 21.6 16.6 18.4 16.3 9.5 14.2 (7.4) 11.5 9.4 9.2 14.2 12.0 12.3 371.3 21.5 14.9 12.7 12.2 15.1 12.6 11.5 13.6 11.6 16.5 5.1 13.6 15.3 8.7 11.2 9.2 6.8 5.9 4.4 0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.3 0 0
Net Income 58 94.8 66.8 67.6 61.1 69.7 73.0 57.6 59.5 64.8 53.2 53.6 50.8 52.8 44.2 44.3 65.4 76.4 86.4 88.2 77.3 73.1 58.5 46.2 34.8 44.6 41.3 39.2 31.5 28.5 42.5 42.0 41.3 (27.5) 30.7 26.6 19.8 19.3 19.1 18.4 16.3 20.1 18.5 23.7 19.5 21.3 20.4 19.3 8.6 10.1 6.0 5.8 3.0 36.7 59 128 81 (111.3) 67.1 34.1 10.1 7.3 18.3
Per Share Data
EPS (Basic) 0.88 1.32 0.93 0.94 0.82 0.97 1.03 0.80 0.84 0.92 0.76 0.76 0.72 0.76 0.65 0.62 0.90 1.25 1.30 1.33 1.19 1.15 0.93 0.72 0.53 0.76 0.71 0.66 0.47 0.57 0.77 0.72 0.75 -0.67 0.61 0.45 0.37 0.42 0.41 0.38 0.35 0.47 0.44 0.50 0.43 0.58 0.57 0.42 -2.29 -1.42 0.14 0.14 0.07 0.86 0.90 1.95 1.23 -1.69 1.02 0.52 0.15 0.11 0.28
EPS (Diluted) 0.76 1.22 0.93 0.94 0.82 0.90 1.03 0.80 0.84 0.85 0.76 0.76 0.72 0.76 0.65 0.62 0.90 1.25 1.30 1.33 1.19 1.15 0.93 0.72 0.53 0.76 0.71 0.66 0.47 0.57 0.77 0.72 0.75 -0.67 0.61 0.45 0.37 0.42 0.41 0.38 0.35 0.47 0.44 0.50 0.43 0.58 0.57 0.42 -2.29 -1.42 0.35 0.38 0.19 0.90 0.90 1.95 1.23 -1.69 1.02 0.52 0.15 0.11 0.28
Shares Outstanding 66.1 65.7 71 70.9 65.4 65.2 65.1 65.0 64.3 63.5 63.5 63.5 63.2 62.9 62.6 62.3 62.0 60.9 60.0 59.8 58.8 57 56.4 55.9 53.3 51.7 51.4 51.2 50.1 49.6 49.4 49.0 47.4 46.4 45.9 45.2 41.0 38.9 38.6 38.0 37.0 35.4 36.4 36.0 32.6 27.5 35.8 29.8 29.1 19.8 42.8 42.8 42.8 42.8 65.8 65.8 65.8 65.8 65.8 65.8 65.8 65.8 65.8
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1
Current Assets
Cash & Cash Equivalents 300.4 255.5 342.2 311.6 259.0 268.2 279.8 232.9 228.6 178.5 230.5 197.6 173.1 143.2 187.0 163.3 203.0 200.1 289.8 241.2 281.1 198.8 230.3 195.7 177.4 143.6 173.3 152.6 154.4 174.9 227.0 237.0 245.6 159.2 221.7 217.4 222.2 156.8 212.6 197.8 217.9
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 21.8 0 0 0 0 0 0 0 0 0 0 0 10.5 0
Net Receivables 156.5 165.2 127.1 126.6 155.8 127.7 135.9 124.5 123.4 114.5 107.1 113.4 124.2 103.6 156.3 118.6 106.3 122.3 132.3 124.6 116.6 103.5 101.1 96.9 98.4 83.5 92.8 82.4 82.8 73.3 92.6 96.6 110.1 93.5 74.6 68.0 63.4 58.8 67.1 62.8 56.4
Inventory 0 0 0 0 0 0 0 0 0 0 (7.4) (9.8) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6.7 0 (2.1) 0 (3.7) 0 (3.6) 0 0 0 0 0 0 0
Other Current Assets 0 0 0 0 0 0 141.1 0 (20.0) 0 7.4 9.8 0 0 0.6 33.1 19.1 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 2.7 0.6 4.3 0.6 4.2 0 0 0 1.5 0 0 0
Total Current Assets 456.9 420.7 469.3 438.2 414.8 409.4 575.9 357.5 352.0 307.8 356.6 329.6 317.1 262.6 363.4 339.2 345.6 335.6 443.9 385.0 413.9 313.7 347.0 304.2 289.3 237.4 278.9 262.4 250.7 258.7 333.5 348.8 368.7 262.2 310.8 301.1 298.6 225.8 292.5 274.0 287.9
Non-Current Assets
Property, Plant & Equipment 136.8 138.3 143.5 115.8 121.3 124.8 130.7 136.6 137.3 141.4 138.6 142.9 146.4 149.5 152.2 147.1 138.6 124.0 109.2 113.2 116.3 115.2 118.1 119.3 123.2 126.7 129.8 132.6 128.4 29.1 25.6 20.8 20.3 21.0 20.5 20.1 20.6 20.0 22.4 19.5 17.5
Goodwill 40.3 0 0 0 0 0 0 0 0 0 0 2.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 8.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 428.7 638.3 586.7 486.0 414.6 670.9 625.7 563.9 568.4 514.6 476.1 478.4 400.6 341.2 342.5 322.0 282.8 242.9 223.7 237.9 263.3 234.0 158.7 112.7 94.5 130.6 115.7 116.5 98.7 104.3 83.3 142.0 124.9 120.3 47.3 23.2 0 6.3 0 0 0
Other Non-Current Assets 24.1 25.3 18.6 18.8 20.3 4.2 (625.7) 0 0 5.6 65.9 69.2 0 4.3 0 485.0 490.2 7.7 0 0 0 6.9 0 0 0 3.1 0 (7.9) 0 (16.2) 0 0 0 4.4 34.5 3.4 13.2 5.5 20.3 23.9 23.8
Total Non-Current Assets 984.3 1,156.6 1,112.4 1,006.5 955.5 1,209.3 550.1 1,129.0 1,144.0 1,098.1 1,123.3 1,145.8 1,013.3 972.0 979.5 954.0 911.6 872.5 815.1 834.8 871.1 838.2 735.6 697.7 684.6 696.3 687.0 666.4 655.8 546.3 542.8 601.9 585.5 574.9 884.6 834.3 821.9 710.4 727.3 735.3 728.3
Total Assets 1,441.2 1,577.3 1,581.6 1,444.7 1,370.3 1,618.8 1,610.6 1,505.3 1,516.0 1,405.9 1,417.7 1,406.2 1,330.5 1,234.6 1,342.9 1,293.2 1,257.2 1,208.0 1,259.0 1,219.8 1,284.9 1,152.0 1,082.5 1,001.9 974.0 933.6 966.0 928.7 906.5 805.0 876.3 950.7 954.2 837.2 1,160.9 1,135.4 1,107.5 936.2 1,007.0 995.9 1,002.6
Current Liabilities
Account Payables 67.1 0 53.9 52.0 66.3 139.4 86.9 45.4 77.2 63.6 61.1 81.5 56.0 50.8 111.1 88.1 41.4 49.2 64.8 74.4 123.6 134.1 80.1 51.9 49.2 54.1 42.3 37.4 25.6 18.8 36.4 37.0 51.7 21.2 27.8 35.3 21.8 15.6 24.3 25.6 24.3
Short-Term Debt 0 20.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 99.2 0 120.1 104.6 91.7 20.5 0 0 0 19.2 0 0 0 0 0 33.7 33.5 0 0 0 0 0 0 0 0 0 0 0 374.7 (15.4) (82.5) (76.0) 0 (6.5) (78.3) (69) (60.0) (16.2) (71.3) (63.9) (57.1)
Total Current Liabilities 471.4 20.7 477.1 469.4 500.0 501.4 428.3 393.2 453.0 446.9 425.1 454.4 455.9 449.6 509.4 229.3 184.0 474.6 469.3 480.8 551.9 546.6 466.1 444.0 455.4 429.4 416.3 396.6 400.4 390.8 405.3 414.5 452.2 410.2 694.3 705.2 707.2 601.9 616.3 617.4 625.6
Non-Current Liabilities
Long-Term Debt 189.2 289.3 189.1 199.5 199.5 199.4 199.4 199.3 199.3 199.3 199.2 199.1 199.1 199.1 199.0 199.6 199.5 199.4 199.4 199.4 199.3 199.3 199.2 199.2 199.1 199.1 199.1 199.4 199.3 199.3 199.3 199.2 199.2 199.1 198.9 199.6 199.5 199.5 199.4 199.4 199.4
Deferred Tax Liabilities 0 0.3 0 0 0 0 0.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 146.8 384.4 93.4 75.8 69.2 66.7 173 363.1 382.7 42.6 139.8 388.5 115.1 50.5 127.0 382.8 413.7 26.7 234.0 210.4 236.4 28.7 167.9 138.0 110.9 65.5 125.1 120.1 106.3 74.4 134.8 223.3 203.9 119.7 110.8 88.5 60.0 17.1 71.3 63.9 57.1
Total Non-Current Liabilities 456.2 774.2 407.4 371.0 368.1 367.4 478.3 671.7 691.8 355.2 449.5 701.8 431.9 370.4 449.5 693.5 714.3 326.4 518.8 498.6 528.0 320.6 462.7 432.1 407.9 365.7 427.0 424.9 413.2 273.7 334.1 422.5 403.1 318.8 309.8 288.1 259.5 216.6 270.7 263.3 256.4
Total Liabilities 927.6 794.9 884.6 840.4 868.1 868.8 906.6 857.2 899.0 802.1 874.6 893.2 887.9 820.0 958.9 922.8 898.2 801.1 988.1 979.4 1,079.9 867.2 928.8 876.1 863.2 795.1 843.3 821.5 777.0 630.2 739.4 836.9 773.6 666.5 988.9 980.6 966.8 818.5 887.0 880.6 882.0
Stockholders' Equity
Common Stock 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.7 0.7 0.7 0.7
Retained Earnings 149.0 203.4 171.0 155.9 136.5 170.0 158.2 135.3 120.6 132.1 112.3 101.2 82.0 93.1 78.6 75.4 82.8 134.9 121.5 100.4 69.0 72.9 51.7 34.6 21.3 44.5 36.8 29.4 21.2 38.6 38.7 28.7 4.0 (37.9) 19.9 18.5 13.6 13.4 12.6 12.4 10.7
Accumulated Other Comprehensive Income (1.9) (1.7) (1.7) (1.4) (2.3) (2.8) (1.8) (2.6) (2.6) (2.5) (3.2) (2.5) (2.7) (3.1) (4.3) (3.0) (1.8) (1.3) (1.3) (0.8) (0.9) (1.0) (1.9) (2.5) (2.5) (1.4) (2.4) (2.0) (1.7) (1.9) (1.6) (1.5) (0.7) (0.9) (0.9) (1.4) (1.8) (1.6) (1.2) (1.0) (0.6)
Total Stockholders' Equity 389.0 438.8 402.1 381.8 356.5 388.9 372.1 341.2 320.3 324.2 297.6 281.0 255.4 262.2 238.9 226.4 227.8 276.2 249.6 220.3 183.6 180.5 145.3 120.9 105.8 133.0 118.7 105.1 89.8 135.0 128.4 110.8 93.1 109.9 156.1 146.7 139.5 131.7 126.5 124.1 120.9
Total Liabilities & Equity 1,441.2 1,577.3 1,581.6 1,444.7 1,370.3 1,618.8 1,610.6 1,505.3 1,516.0 1,405.9 1,417.7 1,406.2 1,330.5 1,234.6 1,342.9 1,293.2 1,257.2 1,208.0 1,259.0 1,219.8 1,284.9 1,152.0 1,082.5 1,001.9 974.0 933.6 966.0 928.7 906.5 805.0 876.3 950.7 954.2 837.2 1,160.9 1,135.4 1,107.5 936.2 1,007.0 995.9 1,002.6
Debt Metrics
Total Debt 309.4 410.2 314.0 295.2 298.9 300.7 305.1 308.5 309.1 312.7 309.8 313.3 316.8 319.9 322.5 318.1 312.4 299.7 284.8 288.2 291.6 292.0 294.8 294.1 296.9 300.3 301.9 304.8 306.8 199.3 199.3 199.2 199.2 199.1 198.9 199.6 199.5 199.5 199.4 199.4 199.4
Net Debt 8.9 154.7 (28.1) (16.4) 39.9 32.5 25.3 75.6 80.5 134.2 79.2 115.7 143.7 176.6 135.5 154.8 109.4 99.6 (5.0) 47.0 10.5 93.1 64.5 98.5 119.5 156.6 128.6 146.1 152.5 24.4 (27.7) (37.8) (46.4) 40.0 (22.8) (17.8) (22.7) 42.7 (13.2) 1.6 (18.6)
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1
Operating Activities
Net Income 58 118.1 86.5 67.6 53.8 87.5 66.8 71.2 86.7 64.8 73.4 73.8 71.8 66.3 52.5 47.2 65.4 84.6 113.4 79.4 70.1 108.5 84.7 71.7 43.6 39.9 61.8 60.0 49.8 48.2 66.7 67.6 71.7 0.8 58.5 48.8 42.6 16.5 45.4 43.5 40.3
Depreciation & Amortization 2.3 2.1 2.3 2.6 2.5 2.4 2.7 2.4 2.4 2.6 2.4 0.0 2.2 2.2 2.1 1.8 1.8 2.0 1.8 1.0 1.3 1.5 1.7 1.6 1.6 1.5 1.6 1.5 1.5 1.4 1.8 1.2 1.3 1.4 1.3 1.3 1.3 1.5 1.4 1.2 1.2
Stock-Based Compensation 0 6.3 6.9 6.9 8.5 7.7 0.0 7.9 9.2 7.7 7.9 7.7 10.3 9.9 10.0 10.1 11.3 9.6 9.7 0 0 9.1 9.2 9.1 9.7 0 10.0 12.1 12.3 11.2 12.8 15.2 14.4 12.6 12.6 18.8 18.8 16.6 18.5 18.0 18.9
Change in Working Capital 104.2 (138.0) 32.8 11.7 103.2 (28.8) 54.1 (7.5) 87.5 8.9 (3.7) 65.8 64.2 (112.0) 79.0 28.0 (3.2) (24.7) 5.5 (44.2) 126.8 (57.1) 25.9 2.3 43.0 (42.7) 13.8 19.0 43.7 (56.6) 16.1 1.9 71.9 (94.2) (2.6) 15.8 46.7 (58.5) 2.0 0.8 43.0
Other Non-Cash Items 17.2 (74.8) (109.9) (37.8) (10.2) (53.4) (22.9) (8.1) (51.5) (93.7) (8.9) (96.3) (39.7) 31.1 (62.0) (66.0) 116.1 (77.1) 6.1 47.0 47.9 (51.3) (34.3) (10.3) 15.7 32.5 (12.6) (11.2) (21.0) (4.5) (15.5) (18.8) 0.8 (41.7) (8.1) (16.2) 0.0 27.2 (0.7) 0.1 0.1
Operating Cash Flow 181.8 (77.2) 40.4 50.9 157.9 37.2 112.8 75.9 147.0 (9.8) 79.7 62.2 120.9 6.0 88.5 26.6 191.5 (5.6) 144.7 83.3 246.1 20.0 94.8 83.4 120.5 31.2 78.9 88.8 93.9 5.1 87.3 73.6 167.3 (45.6) 72.2 77.5 119.0 12.1 74.2 72.4 111.7
Investing Activities
Capital Expenditure (0.5) (0.3) (0.1) (0.1) (0.2) (0.5) (0.5) (1.9) (1.9) (2.4) (1.8) (1.4) (3.1) (3.3) (6.7) (5.6) (4.0) (0.8) (1.1) (2.3) (1.7) (1.4) (0.6) (0.4) (0.8) (1.1) (2.4) (9.4) (4.8) (5.0) (6.1) (1.9) (0.8) (1.5) (2.1) (0.8) (1.5) (0.7) (2.7) (3.2) (0.7)
Acquisitions (22.5) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (146.1) (0.4) (0.3) 0 (91.8) 0.0 (0.0) (0.7) (31.1) 0 0.2 (0.0) (35.6) (16.6) (0.7) 7.8 0 0 0 (53.1) (124.6) (0.0) (0.9) 0 (1.3) 0 (0.0) 0 0 (0.2) 0 0 (317.6) 0 (2) (3) (0.2) (4) 0 (0.0) 0
Sales/Maturities of Investments 165.5 31.7 10.2 0 37.9 98.9 0.7 7.1 102.4 0 0.2 2.6 2.5 101.3 0 1.2 0 0 0 36.5 50.2 3.9 0.8 13.7 5.6 0.3 0 0 0 0 0 0 339.7 0 0 0 6.4 7.2 2.0 0.0 0
Other Investing Activities (8.3) 0 0 32.8 15.9 (98.9) 0 0 (98.5) 0.7 0 0 0 (84.8) 0 0 (52.4) 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.2) 0 (22.1) 0 0 0 0 0 0 0 0
Investing Cash Flow (12.0) 30.9 9.8 32.7 (38.3) (0.5) 0.2 4.5 (29.1) (1.6) (1.5) 1.2 (36.2) (3.3) (7.4) 3.3 (56.4) (0.8) (1.1) (18.9) (76.1) 2.5 (0.7) 13.4 3.6 (0.8) (2.4) (9.4) (4.8) (5.2) (6.4) (1.9) (0.8) (1.5) (4.1) (3.8) 4.6 2.5 (0.7) (3.2) (0.7)
Financing Activities
Net Debt Issuance 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.1) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Stock Repurchased 0 0 0 (0.4) (8.5) 0 0 0 (6.8) 0 0 0 0 (0.1) (0.3) 0 (7.4) (0.1) (1.3) 0 (46.9) 63.0 0 0 (63.0) 0 (0.3) 0 0 0 (0.8) 0 (21.5) 0 0 0 (162.5) 0 0 0 0
Dividends Paid (112.5) (62.4) (51.8) (48.2) (94.7) (57.9) (50.1) (42.9) (71.0) (44.9) (42.2) (34.5) (61.8) (38.4) (41.1) (51.6) (117.5) (71.2) (65.3) (56.8) (81.3) (51.9) (41.4) (37.2) (72.4) (36.9) (33.9) (31.0) (86.4) (32.6) (32.6) (32.4) (70.2) (30.3) (30.1) (29.9) (40.7) (25.1) (25.3) (25.3) (39.6)
Other Financing Activities 17.4 22.0 32.1 17.5 11.4 9.6 (16.0) (33.1) 14.0 4.2 1.5 (4.4) 7.0 (8.6) (16.0) (18.1) (7.2) (11.9) (28.3) (55.2) 36.3 (2.1) (18.0) (41.3) (17.8) (23.1) (27.8) (44.0) (23.2) (19.3) (18.6) (47.9) (9.8) 12.0 (33.7) (48.6) (17.5) (45.3) (33.3) (64.0) (19.7)
Financing Cash Flow (95.1) (40.4) (19.7) (31.0) (91.9) (48.3) (66.1) (76.0) (63.8) (40.7) (40.6) (38.9) (54.8) (47.1) (57.4) (69.7) (132.2) (83.2) (95.0) (104.3) (52.9) (54.0) (59.4) (78.6) (90.3) (60.0) (62.0) (75.0) (109.6) (51.9) (51.2) (80.3) (80.0) (18.3) (63.8) (78.5) (58.2) (70.4) (58.7) (89.4) (59.3)
Cash Position
Net Change in Cash 74.7 (86.7) 30.6 52.6 27.7 (11.6) 46.9 4.4 50.1 (52.1) 32.9 24.5 29.9 (44.4) 23.7 (39.8) 2.9 (89.7) 48.6 (39.9) 82.3 (31.5) 34.7 18.3 33.8 (29.7) 14.6 4.3 (20.5) (52.1) (10.0) (8.6) 86.4 (65.3) 4.4 (4.8) 65.4 (55.8) 14.8 (20.1) 51.7
Cash at Beginning 255.5 342.2 311.6 259.0 268.2 279.8 232.9 228.6 178.5 230.5 197.6 173.1 143.2 187.6 163.9 203.7 200.8 290.5 241.8 281.7 199.4 230.9 196.3 178.0 144.3 173.9 159.3 155.0 175.5 227.6 237.6 246.2 159.8 202.6 218.0 222.8 156.8 212.6 197.8 217.9 166.2
Cash at End 330.2 255.5 342.2 311.6 296.0 268.2 279.8 232.9 228.6 178.5 230.5 197.6 173.1 143.2 187.6 163.9 203.7 200.8 290.5 241.8 281.7 199.4 230.9 196.3 178.0 144.3 173.9 159.3 155.0 175.5 227.6 237.6 246.2 137.3 222.4 218.0 222.2 156.8 212.6 197.8 217.9
Free Cash Flow 181.8 (77.6) 40.4 50.9 157.9 36.7 112.2 74.0 145.2 (12.1) 77.9 60.8 117.9 2.7 81.8 21.0 187.5 (6.5) 143.6 80.9 244.4 18.6 94.2 83.1 119.7 30.1 76.6 79.4 89.0 0.1 81.2 71.7 166.5 (47.0) 70.2 76.7 117.5 11.4 71.5 69.2 111.0
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q2 2010 Q1
Income Statement
Revenue 295.4 350.7 301.3 282.7 277.1 297.1 279.6 270.8 264.4 249.0 248.7 242.9 234.5 226 234.3 251.4 281.6 315.0 316.6 304.9 290.7 261.1 232.8 202.9 202.8 208.3 203.0 200.7 187.0 191.5 212.8 212.3 212.0 210.7 204.6 196.3 184.1 181.5 184.1 180.8 174.5 192.0 198.3 211.6 203.6 206.0 212.4 208.5 201.8 197.6 178.1 161.9 148.2 137.0 128.1 120.8 119.7 111.7 110.3 120.2 112.9 91.9 91.1
Gross Profit 293.1 348.7 138.0 116.9 122.0 148.6 130.5 124.0 114.5 112.2 118.1 112.5 103.0 105.4 112.2 124.0 141.7 171.7 174.3 166.9 151.2 140.9 124.1 100.7 98.1 108.5 103.1 99.2 87.7 92.7 110.0 105.6 106.8 108.7 106.0 93.5 84.5 84.4 87.7 85.6 79.2 92.7 96.6 107.2 94.7 105.2 109.3 107.0 92.3 86.2 75.2 68.8 (400.7) 59.5 (16.4) 58.4 21.0 45.9 (57.2) 120.2 112.9 91.9 91.1
Operating Income 86.8 146.7 101.8 79.8 86.5 109.2 93.2 86.6 77.6 76.4 82.2 76.7 68.3 70.0 78.7 88.4 107.0 137.8 143.1 137.8 121.8 113.5 97.2 76.6 71.0 79.3 75.5 70.9 57.7 64.2 81.8 78.9 80.0 81.2 80.6 66.5 58.0 58.6 61.9 59.0 54.7 65.7 70.6 78.3 67.8 77.9 81.0 80.8 67.2 58.4 53.4 48.4 (421.3) 39.4 (38.2) 41.5 4.4 26.7 70.5 40.0 17.2 12.6 23.8
Net Income 58 94.8 66.8 67.6 61.1 69.7 73.0 57.6 59.5 64.8 53.2 53.6 50.8 52.8 44.2 44.3 65.4 76.4 86.4 88.2 77.3 73.1 58.5 46.2 34.8 44.6 41.3 39.2 31.5 28.5 42.5 42.0 41.3 (27.5) 30.7 26.6 19.8 19.3 19.1 18.4 16.3 20.1 18.5 23.7 19.5 21.3 20.4 19.3 8.6 10.1 6.0 5.8 3.0 36.7 59 128 81 (111.3) 67.1 34.1 10.1 7.3 18.3
EPS (Diluted) 0.76 1.22 0.93 0.94 0.82 0.90 1.03 0.80 0.84 0.85 0.76 0.76 0.72 0.76 0.65 0.62 0.90 1.25 1.30 1.33 1.19 1.15 0.93 0.72 0.53 0.76 0.71 0.66 0.47 0.57 0.77 0.72 0.75 -0.67 0.61 0.45 0.37 0.42 0.41 0.38 0.35 0.47 0.44 0.50 0.43 0.58 0.57 0.42 -2.29 -1.42 0.35 0.38 0.19 0.90 0.90 1.95 1.23 -1.69 1.02 0.52 0.15 0.11 0.28
Balance Sheet
Cash & Equivalents 300.4 255.5 342.2 311.6 259.0 268.2 279.8 232.9 228.6 178.5 230.5 197.6 173.1 143.2 187.0 163.3 203.0 200.1 289.8 241.2 281.1 198.8 230.3 195.7 177.4 143.6 173.3 152.6 154.4 174.9 227.0 237.0 245.6 159.2 221.7 217.4 222.2 156.8 212.6 197.8 217.9
Total Assets 1,441.2 1,577.3 1,581.6 1,444.7 1,370.3 1,618.8 1,610.6 1,505.3 1,516.0 1,405.9 1,417.7 1,406.2 1,330.5 1,234.6 1,342.9 1,293.2 1,257.2 1,208.0 1,259.0 1,219.8 1,284.9 1,152.0 1,082.5 1,001.9 974.0 933.6 966.0 928.7 906.5 805.0 876.3 950.7 954.2 837.2 1,160.9 1,135.4 1,107.5 936.2 1,007.0 995.9 1,002.6
Total Debt 309.4 410.2 314.0 295.2 298.9 300.7 305.1 308.5 309.1 312.7 309.8 313.3 316.8 319.9 322.5 318.1 312.4 299.7 284.8 288.2 291.6 292.0 294.8 294.1 296.9 300.3 301.9 304.8 306.8 199.3 199.3 199.2 199.2 199.1 198.9 199.6 199.5 199.5 199.4 199.4 199.4
Stockholders' Equity 389.0 438.8 402.1 381.8 356.5 388.9 372.1 341.2 320.3 324.2 297.6 281.0 255.4 262.2 238.9 226.4 227.8 276.2 249.6 220.3 183.6 180.5 145.3 120.9 105.8 133.0 118.7 105.1 89.8 135.0 128.4 110.8 93.1 109.9 156.1 146.7 139.5 131.7 126.5 124.1 120.9
Cash Flow
Operating Cash Flow 181.8 (77.2) 40.4 50.9 157.9 37.2 112.8 75.9 147.0 (9.8) 79.7 62.2 120.9 6.0 88.5 26.6 191.5 (5.6) 144.7 83.3 246.1 20.0 94.8 83.4 120.5 31.2 78.9 88.8 93.9 5.1 87.3 73.6 167.3 (45.6) 72.2 77.5 119.0 12.1 74.2 72.4 111.7
Capital Expenditure (0.5) (0.3) (0.1) (0.1) (0.2) (0.5) (0.5) (1.9) (1.9) (2.4) (1.8) (1.4) (3.1) (3.3) (6.7) (5.6) (4.0) (0.8) (1.1) (2.3) (1.7) (1.4) (0.6) (0.4) (0.8) (1.1) (2.4) (9.4) (4.8) (5.0) (6.1) (1.9) (0.8) (1.5) (2.1) (0.8) (1.5) (0.7) (2.7) (3.2) (0.7)
Free Cash Flow 181.8 (77.6) 40.4 50.9 157.9 36.7 112.2 74.0 145.2 (12.1) 77.9 60.8 117.9 2.7 81.8 21.0 187.5 (6.5) 143.6 80.9 244.4 18.6 94.2 83.1 119.7 30.1 76.6 79.4 89.0 0.1 81.2 71.7 166.5 (47.0) 70.2 76.7 117.5 11.4 71.5 69.2 111.0