HLIT - Harmonic Inc.
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$15.75
DETAILS
HIGH:
$18.00
LOW:
$15.00
MEDIAN:
$15.00
CONSENSUS:
$15.75
UPSIDE:
28.89%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||
| Revenue | 360.5 | 678.7 | 607.9 | 625.0 | 507.1 | 378.8 | 402.9 | 403.6 | 358.2 | 405.9 | 377.0 | 433.6 | 461.9 | 530.5 | 549.3 | 423.3 | 319.6 | 365.0 | 311.2 | 247.7 | 257.4 | 248.3 | 182.3 | 186.6 | 203.8 | 263.0 | 184.1 | 83.9 | 74.4 | 60.9 | 39.2 |
| Cost of Revenue | 196.9 | 312.8 | 295.4 | 309.1 | 247.4 | 183.8 | 179.9 | 194.3 | 188.4 | 205.2 | 174.3 | 221.2 | 241.5 | 293.9 | 294.8 | 227.9 | 185.2 | 187.4 | 177.1 | 146.2 | 163.4 | 143.8 | 121.7 | 132.2 | 202.3 | 162.2 | 97.2 | 49 | 36.4 | 30.7 | 19.5 |
| Gross Profit | 163.7 | 365.9 | 312.5 | 315.9 | 259.7 | 195.0 | 223.0 | 209.2 | 169.8 | 200.8 | 202.7 | 212.3 | 220.4 | 236.6 | 254.5 | 195.4 | 134.4 | 177.5 | 134.1 | 101.4 | 93.9 | 104.5 | 60.6 | 54.4 | 1.6 | 100.8 | 86.9 | 34.9 | 38 | 30.2 | 19.7 |
| Operating Expenses | |||||||||||||||||||||||||||||||
| R&D Expenses | 65.2 | 121.0 | 126.3 | 120.3 | 102.2 | 82.5 | 84.6 | 89.2 | 96.0 | 98.4 | 87.5 | 93.1 | 99.9 | 106.2 | 102.7 | 77.2 | 61.4 | 54.5 | 42.9 | 39.5 | 38.2 | 35.6 | 35.1 | 40.8 | 51.3 | 49.3 | 17.3 | 13.5 | 11.7 | 9.2 | 6.1 |
| SG&A Expenses | 81.4 | 153.1 | 163.3 | 146.7 | 138.1 | 119.6 | 119.0 | 119.0 | 136.3 | 144.4 | 121.0 | 131.3 | 134.0 | 130.9 | 131.1 | 108.2 | 81.1 | 83.1 | 70.7 | 65.2 | 61.5 | 59.7 | 48.3 | 81.4 | 106.3 | 67.0 | 34.3 | 25 | 18.4 | 13.3 | 8 |
| Other Expenses | 0 | 28.7 | 0.8 | 3.3 | 0.6 | 5.3 | 6.3 | (0.5) | (2.2) | (0.0) | (0.3) | (0.4) | (0.3) | (0.3) | 8.9 | 4.9 | 3.8 | 0.6 | 1.2 | 0.5 | 1.3 | 7.7 | 7.7 | 9.5 | 12.7 | 247.4 | 6.3 | 4.3 | 3.4 | 2.5 | 1.8 |
| Operating Expenses | 146.6 | 302.8 | 290.4 | 270.4 | 240.9 | 207.4 | 209.9 | 211.3 | 235.4 | 253.2 | 214.3 | 231.2 | 242.0 | 245.9 | 242.7 | 190.3 | 146.4 | 138.2 | 114.8 | 105.2 | 101.0 | 103.1 | 91.1 | 131.8 | 170.3 | 363.7 | 57.9 | 42.8 | 33.5 | 25 | 15.9 |
| Operating Income | |||||||||||||||||||||||||||||||
| Operating Income | 17.0 | 63.1 | 22.2 | 45.5 | 18.8 | (12.4) | 13.1 | (5.0) | (70.9) | (67.0) | (12.9) | (21.6) | (23.0) | (9.3) | 11.8 | 5.1 | (12.0) | 39.3 | 19.3 | (3.7) | (7.0) | 1.4 | (30.5) | (77.3) | (168.8) | (262.9) | 29 | (7.9) | 4.5 | 5.2 | 3.8 |
| Interest Expense | 3.8 | 7.3 | 2.7 | 5.0 | 10.6 | 11.5 | 11.7 | 11.4 | 11.1 | 10.6 | 0.3 | 0 | 0 | 0 | 0 | 1.1 | 3.2 | 9.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.2 | 0.5 | 0.4 | 0.3 | 2.3 | 6.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||||||||
| EBITDA | 23.7 | 77.4 | 34.1 | 61.7 | 32.5 | 1.0 | 24.7 | 15.8 | (50.7) | (36.1) | 4.0 | 18.5 | 23.2 | 26.5 | 56.1 | 32.6 | 8.5 | 52.6 | 31.3 | 5.9 | 4.2 | 24.7 | (4.4) | (43.0) | (129.9) | (15.5) | 35.3 | (3.6) | 7.9 | 7.7 | 5.6 |
| EBIT | 12.7 | 65.3 | 21.8 | 49.4 | 19.5 | (14.7) | 5.1 | (5.5) | (73.6) | (69.8) | (15.7) | (18.8) | (21.6) | (9.1) | 1.5 | 5.1 | (12.0) | 39.3 | 19.3 | (3.7) | (7.0) | 1.4 | (30.5) | (77.3) | (168.8) | (262.9) | 29 | (7.9) | 4.5 | 5.2 | 3.8 |
| Income Before Tax | 8.9 | 57.9 | 19.1 | 44.5 | 8.9 | (26.2) | (6.6) | (16.9) | (84.7) | (80.4) | (16.1) | (21.8) | (23.2) | (9.1) | 11.6 | 5.4 | (9.7) | 46.0 | 25.5 | 1.6 | (5.3) | 2.2 | (29.1) | (76.4) | (167.2) | (1,672.6) | 31.6 | (21.4) | 5.2 | 6.2 | 4.3 |
| Income Tax Expense | 7.6 | 18.7 | (64.9) | 16.3 | (4.4) | 3.1 | (0.7) | 4.1 | (1.8) | (8.1) | (0.4) | 24.5 | (44.7) | 1.9 | 2.9 | 9.8 | 14.4 | (18.0) | 2.1 | 0.6 | 0.4 | 0.6 | 0.3 | 0.5 | (0.8) | (18.6) | 7.9 | 13.6 | 0.3 | 0.3 | 0.2 |
| Net Income | (43.3) | 39.2 | 84.0 | 28.2 | 13.3 | (29.3) | (5.9) | (21.0) | (83.0) | (72.3) | (15.7) | (46.2) | 37.0 | (10.9) | 8.8 | (4.3) | (24.1) | 64.0 | 23.4 | 1.0 | (5.7) | 1.6 | (29.4) | (76.9) | (166.4) | (1,654.0) | 23.7 | (21.5) | 4.9 | 5.9 | 4.1 |
| Per Share Data | |||||||||||||||||||||||||||||||
| EPS (Basic) | -0.38 | 0.34 | 0.75 | 0.27 | 0.13 | -0.30 | -0.07 | -0.25 | -1.02 | -0.93 | -0.18 | -0.50 | 0.35 | -0.09 | 0.08 | -0.04 | -0.25 | 0.68 | 0.29 | 0.01 | -0.08 | 0.02 | -0.47 | -1.29 | -2.84 | -34.06 | 0.84 | -0.46 | 0.12 | 0.26 | 0.18 |
| EPS (Diluted) | -0.38 | 0.33 | 0.72 | 0.25 | 0.12 | -0.30 | -0.07 | -0.25 | -1.02 | -0.93 | -0.18 | -0.50 | 0.34 | -0.09 | 0.08 | -0.04 | -0.25 | 0.67 | 0.28 | 0.01 | -0.08 | 0.02 | -0.47 | -1.29 | -2.84 | -34.06 | 0.76 | -0.46 | 0.11 | 0.26 | 0.10 |
| Shares Outstanding | 113.7 | 115.1 | 111.7 | 105.1 | 101.5 | 97.0 | 89.6 | 85.6 | 81.0 | 77.7 | 87.0 | 92.5 | 106.5 | 115.6 | 115.2 | 101.5 | 95.8 | 94.5 | 81.9 | 74.6 | 73.3 | 72.0 | 62.3 | 59.8 | 58.5 | 48.6 | 28.3 | 46.5 | 20.8 | 22.9 | 22.8 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 124.1 | 101.5 | 84.3 | 89.6 | 133.4 | 98.6 | 93.1 | 66.0 | 57.0 | 55.6 | 126.2 | 73.0 | 90.3 | 96.7 | 91.0 | 96.5 | 152.5 | 179.9 | 129.0 | 33.5 | 37.8 | 26.6 | 41.9 | 21.5 | 36.0 | 13.5 | 24.8 | 9.2 | 13.7 | 16.4 | 22.1 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.9 | 26.6 | 31.8 | 80.3 | 104.5 | 70.9 | 23.8 | 118.6 | 147.3 | 140.3 | 58.9 | 73.0 | 74.0 | 70.7 | 27.6 | 18.3 | 86.2 | 64.9 | 0 | 0 | 0 | 0 |
| Net Receivables | 87.9 | 182.3 | 146.3 | 114.0 | 96.6 | 76.0 | 102.5 | 92.9 | 69.8 | 86.8 | 69.5 | 74.1 | 75.1 | 85.9 | 109.9 | 101.7 | 64.8 | 63.9 | 69.3 | 64.7 | 43.4 | 64.1 | 38.5 | 25.4 | 34.4 | 67.7 | 35.4 | 17.6 | 16.5 | 12.6 | 5.8 |
| Inventory | 47.8 | 64.0 | 84.0 | 120.9 | 71.2 | 35.0 | 29.0 | 25.6 | 26.0 | 41.2 | 38.8 | 32.7 | 36.9 | 64.3 | 70.6 | 58.1 | 35.1 | 26.9 | 34.3 | 42.1 | 38.6 | 41.8 | 22.4 | 25.9 | 30.9 | 80.2 | 35.3 | 22.4 | 15.5 | 14.8 | 9.2 |
| Other Current Assets | 227.4 | 14.1 | 12.4 | 15.2 | 1.9 | 16.9 | 23.7 | 15.9 | 15.1 | 20.8 | 17.8 | 11.2 | 35.3 | 45.5 | 28.0 | 68.5 | 47.3 | 52.4 | 3.5 | 0 | 0 | 0 | 0 | 0 | 9.1 | 41.5 | 9.3 | 1.2 | 1.7 | 1.4 | 0.2 |
| Total Current Assets | 494.4 | 366.1 | 330.7 | 345.3 | 323.1 | 238.0 | 251.4 | 196.7 | 171.8 | 216.8 | 286.1 | 232.7 | 328.7 | 396.9 | 391.9 | 348.6 | 418.3 | 470.3 | 393.8 | 212.0 | 201.1 | 215.0 | 179.7 | 105.9 | 138.5 | 289.1 | 169.7 | 50.4 | 47.4 | 45.2 | 37.3 |
| Non-Current Assets | |||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 39.3 | 39.2 | 57.5 | 65.3 | 73.7 | 70.7 | 50.4 | 22.3 | 29.3 | 32.2 | 27.0 | 27.2 | 34.9 | 38.1 | 40.5 | 39.8 | 41.7 | 15.4 | 14.1 | 14.8 | 17.0 | 19.6 | 23.5 | 32.5 | 45.8 | 47.4 | 14.9 | 10.7 | 10.1 | 8.8 | 4.5 |
| Goodwill | 60.9 | 236.9 | 239.2 | 237.7 | 240.2 | 243.7 | 239.8 | 240.6 | 242.8 | 237.3 | 197.8 | 197.9 | 198.0 | 212.5 | 212.4 | 211.9 | 64.0 | 41.7 | 45.8 | 37.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 4.5 | 12.8 | 21.3 | 29.2 | 4.1 | 10.6 | 31.1 | 58.4 | 87.7 | 118.1 | 25.3 | 12.1 | 17.8 | 16.6 | 8.1 | 7.7 | 21.5 | 35.4 | 53.8 | 89.5 | 1.1 | 1.2 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 3.6 | 3.6 | 4.8 | 5.5 | 9 | 12.1 | (37.9) | (33.4) | 0 | (41.9) | (49.4) | (61.2) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 19.8 | 33.3 | 36.1 | 61.7 | 56.7 | 39.1 | 37.7 | 26.1 | 42.9 | 38.6 | 9.9 | (15.5) | 13.3 | 11.6 | 1.8 | 2.1 | 22.8 | 24.9 | 4.3 | 1.4 | 0 | 0 | 0 | 0 | (9.1) | 0 | 0 | 0.1 | 1.4 | 0.6 | 0 |
| Total Non-Current Assets | 224.1 | 430.4 | 437.5 | 364.7 | 370.6 | 353.5 | 336.0 | 314.1 | 336.3 | 337.2 | 238.8 | 247.8 | 277.4 | 320.7 | 342.3 | 371.8 | 153.7 | 94.0 | 82.0 | 70.0 | 25.1 | 27.3 | 45.0 | 67.8 | 99.6 | 136.9 | 16 | 12 | 11.5 | 9.4 | 4.5 |
| Total Assets | 718.5 | 796.5 | 768.2 | 710.0 | 693.7 | 591.5 | 587.3 | 510.8 | 508.1 | 554.1 | 525.0 | 480.5 | 606.1 | 717.5 | 734.2 | 720.4 | 572.0 | 564.4 | 475.8 | 282.0 | 226.3 | 242.4 | 224.7 | 173.8 | 238.1 | 425.9 | 185.7 | 62.4 | 58.9 | 54.6 | 41.8 |
| Current Liabilities | |||||||||||||||||||||||||||||||
| Account Payables | 23.1 | 35.2 | 38.6 | 67.5 | 64.4 | 23.5 | 40.9 | 33.8 | 33.1 | 28.9 | 19.4 | 15.3 | 22.4 | 25.4 | 30.5 | 26.3 | 22.1 | 13.4 | 20.5 | 33.9 | 19.4 | 22.4 | 14.9 | 7.3 | 10.3 | 32.8 | 18.9 | 7.5 | 3.7 | 5.6 | 2.2 |
| Short-Term Debt | 9.4 | 7.1 | 119.8 | 118.7 | 41.8 | 11.8 | 50.1 | 7.2 | 7.6 | 7.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.5 | 0.8 | 1.1 | 1.0 | 1.9 | 1.3 | 0 | 0 | 0.2 | 0 | 0 | 0 |
| Deferred Revenue | 31.5 | 47.1 | 46.2 | 0 | 57.2 | 0 | 0 | 41.6 | 52.4 | 52.4 | 33.9 | 38.6 | 27.0 | 33.2 | 33.1 | 46.3 | 32.9 | 29.9 | 37.9 | 29.1 | 19.7 | 15.5 | 61.5 | 58.7 | 57.5 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 134.0 | 35.7 | 38.2 | 99.4 | 26.8 | 81.5 | 72.5 | 35.0 | 32.3 | 35.8 | 23.2 | 23.3 | 19.1 | 24.1 | 24.4 | 29.9 | 24.3 | 34.0 | 0.5 | 7.1 | 6.5 | 7.1 | 6.9 | 6.9 | 2.8 | 61.7 | 21.4 | 10.4 | 4.9 | 5.4 | 2.6 |
| Total Current Liabilities | 197.9 | 167.6 | 272.4 | 322.1 | 224.5 | 147.3 | 191.9 | 136.4 | 142.1 | 144.9 | 84.9 | 89.9 | 85.8 | 102.9 | 112.8 | 130.7 | 93.1 | 95.2 | 110.5 | 114.6 | 83.8 | 97.9 | 84.4 | 74.7 | 71.9 | 94.4 | 40.3 | 18.1 | 8.6 | 11 | 4.8 |
| Non-Current Liabilities | |||||||||||||||||||||||||||||||
| Long-Term Debt | 123.8 | 120.8 | 10.5 | 11.2 | 111.9 | 139.6 | 101.5 | 127.5 | 124.1 | 117.2 | 98.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.5 | 1.3 | 0.6 | 0.7 | 1.5 | 0 | 0 | 0.4 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (1.7) | 0 | 3.1 | 0 | 0 | 0.7 | 14.8 | 0 | 0 | 3.5 | 0 | 0 | 0 | 0 | 0 | 9.1 | 35.2 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | (1.2) | 28.2 | 29.5 | 28.2 | 31.4 | 20.3 | 15.7 | 18.6 | 23.4 | 16.7 | 13.6 | 15.7 | 26.8 | 61.2 | 55.7 | 54.7 | 64.5 | 54.8 | 23.9 | 22.3 | 29.1 | 32.6 | 33.6 | 36.2 | 20.6 | 0.6 | 0.5 | 0.4 | 0.4 | 0 | 0 |
| Total Non-Current Liabilities | 137.3 | 163.7 | 58.9 | 63.4 | 172.4 | 185.9 | 143.0 | 146.2 | 147.6 | 138.5 | 111.9 | 18.8 | 26.8 | 61.2 | 57.0 | 69.5 | 71.4 | 54.8 | 30.8 | 22.3 | 29.5 | 33.9 | 34.2 | 36.9 | 31.1 | 35.8 | 0.5 | 0.8 | 0.4 | 0 | 0 |
| Total Liabilities | 335.2 | 331.2 | 331.3 | 385.5 | 396.9 | 333.2 | 334.9 | 282.6 | 289.7 | 283.4 | 196.8 | 108.7 | 112.6 | 164.1 | 169.8 | 200.2 | 164.6 | 150.0 | 141.4 | 136.8 | 113.3 | 131.8 | 118.6 | 111.6 | 103.0 | 130.2 | 40.8 | 18.9 | 9 | 11 | 4.8 |
| Stockholders' Equity | |||||||||||||||||||||||||||||||
| Common Stock | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 2,432.9 | 0.1 | 2,397.8 | 2,280.0 | 2,263.3 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | (2,076.4) | (1,953.5) | (1,962.6) | (2,046.6) | (2,088.0) | (2,101.2) | (2,071.9) | (2,067.4) | (2,057.8) | (1,976.2) | (1,903.9) | (1,888.2) | (1,842.0) | (1,879.0) | (1,868.1) | (1,876.9) | (1,872.5) | (1,848.4) | (1,912.4) | (1,933.7) | (1,934.7) | (1,929.0) | (1,930.6) | (1,901.1) | (1,824.2) | (1,657.8) | (3.8) | (27.5) | (6) | (10.9) | (16.9) |
| Accumulated Other Comprehensive Income | (6.6) | (14.1) | (5.7) | (9.7) | (3.3) | 5.9 | (3.1) | (1.2) | 3.4 | (7.3) | (4.4) | (2.0) | (0.2) | (0.5) | (0.9) | (0.7) | (0.0) | (0.6) | (0.2) | (0.1) | (0.5) | (0.3) | 0.1 | 0.0 | 0.2 | 0.7 | 0.1 | 0 | 0 | 0 | 0 |
| Total Stockholders' Equity | 383.2 | 465.3 | 436.9 | 324.5 | 296.8 | 258.3 | 252.4 | 228.2 | 218.3 | 270.6 | 328.2 | 371.8 | 493.5 | 553.4 | 564.3 | 520.2 | 407.5 | 414.3 | 334.4 | 145.1 | 113.0 | 110.6 | 106.2 | 62.2 | 135.1 | 295.7 | 144.9 | 43.5 | 49.9 | 43.6 | 37 |
| Total Liabilities & Equity | 718.5 | 796.5 | 768.2 | 710.0 | 693.7 | 591.5 | 587.3 | 510.8 | 508.1 | 554.1 | 525.0 | 480.5 | 606.1 | 717.5 | 734.2 | 720.4 | 572.0 | 564.4 | 475.8 | 282.0 | 226.3 | 242.4 | 224.7 | 173.8 | 238.1 | 425.9 | 185.7 | 62.4 | 58.9 | 54.6 | 41.8 |
| Debt Metrics | |||||||||||||||||||||||||||||||
| Total Debt | 147.8 | 148.3 | 156.1 | 160.8 | 190.2 | 184.8 | 186.3 | 134.7 | 131.7 | 124.4 | 98.3 | 0 | 0 | 0 | 0 | 0 | 6.9 | 0 | 0 | 0.5 | 1.3 | 2.3 | 1.7 | 2.6 | 2.7 | 0 | 0 | 0.6 | 0 | 0 | 0 |
| Net Debt | 23.7 | 46.9 | 71.8 | 71.2 | 56.8 | 86.1 | 93.2 | 68.7 | 74.7 | 68.8 | (27.9) | (73.0) | (90.3) | (96.7) | (91.0) | (96.5) | (145.6) | (179.9) | (129.0) | (32.9) | (36.5) | (24.3) | (40.2) | (19.0) | (33.3) | (13.5) | (24.8) | (8.6) | (13.7) | (16.4) | (22.1) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||
| Net Income | (43.3) | 39.2 | 84.0 | 28.2 | 13.3 | (29.3) | (5.9) | (21.0) | (83.0) | (72.3) | (15.7) | (46.2) | 22.4 | (10.9) | 8.8 | (4.3) | (24.1) | 64.0 | 23.4 | 1.0 | (5.7) | 1.6 | (29.4) | (76.9) | (166.4) | (1,654.0) | 23.7 | (21.5) | 4.9 | 5.9 | 4.1 |
| Depreciation & Amortization | 11.1 | 12.1 | 12.3 | 12.3 | 13.1 | 15.7 | 19.6 | 21.3 | 22.9 | 33.7 | 19.7 | 37.0 | 44.0 | 44.4 | 44.3 | 27.4 | 20.6 | 13.3 | 12.0 | 9.6 | 11.3 | 23.3 | 26.2 | 34.4 | 38.9 | 247.4 | 6.3 | 4.3 | 3.4 | 2.5 | 1.8 |
| Stock-Based Compensation | 31.9 | 28.1 | 27.3 | 25.2 | 24.1 | 18.0 | 12.1 | 17.3 | 16.6 | 13.1 | 15.6 | 17.3 | 16.1 | 18.9 | 20.9 | 15.5 | 10.6 | 7.8 | 6.2 | 5.7 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 36.4 | (25.0) | (37.2) | (69.5) | (13.9) | 14.3 | (22.4) | (17.4) | 22.5 | 17.8 | (19.8) | (0.0) | (22.1) | 17.9 | (28.0) | (22.2) | (10.5) | 27.6 | (7.0) | (8.0) | 10.7 | (30.9) | 2.2 | 42.6 | 53.8 | (373.0) | (8.2) | 1.2 | (6.4) | (8) | (3.6) |
| Other Non-Cash Items | 63.4 | 23.9 | 13.5 | 4.3 | 10.7 | 20.5 | 30.1 | 11.4 | 21.8 | 18.4 | 7.0 | 7.2 | 6.6 | 5.5 | 1.5 | 1.7 | 2.8 | 3.3 | 7.0 | 6.0 | 0.1 | (3.0) | (4.5) | (5.7) | 48.9 | 1,420.1 | 0 | 14 | 0.1 | (0.1) | 0 |
| Operating Cash Flow | 108.0 | 61.9 | 7.1 | 5.5 | 41.0 | 39.2 | 31.3 | 12.3 | 3.1 | 0.4 | 6.4 | 47.4 | 53.8 | 70.8 | 45.2 | 17.8 | 11.1 | 60.1 | 35.4 | 8.6 | 16.1 | (9.0) | (5.6) | (5.4) | (24.8) | (359.5) | 21.8 | (2) | 2 | 0.3 | 2.3 |
| Investing Activities | |||||||||||||||||||||||||||||||
| Capital Expenditure | (11.1) | (9.2) | (8.5) | (9.2) | (13.0) | (32.2) | (10.3) | (7.0) | (11.4) | (15.1) | (14.4) | (10.1) | (14.6) | (12.6) | (17.3) | (35.6) | (8.1) | (9.0) | (5.9) | (5.1) | (5.7) | (6.3) | (3.4) | (3.3) | (29.1) | (29.9) | (9.3) | (4.7) | (4.8) | (6.7) | (3.1) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (75.7) | 0 | 0 | 43.5 | 12.6 | (0.2) | (153.5) | (63.5) | (2.8) | (6.9) | (26.2) | (5.7) | 6.3 | 0 | 3.3 | 29.1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | 0 | (6.3) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (25.3) | (36.0) | (78.8) | (133.8) | (107.5) | (51.5) | (129.2) | (132.8) | (178.1) | (70.4) | (63.3) | (85.5) | (67.9) | (27.9) | (58.5) | (66.6) | (71.8) | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 6.3 | 8.0 | 0 | 0 | 0 | 0.1 | 6.9 | 19.7 | 30.4 | 73.9 | 100.9 | 98.8 | 59.7 | 144.2 | 157.9 | 126.7 | 98.3 | 84.8 | 64.3 | 81.7 | 24.9 | 18.5 | 126.2 | 45.4 | 5.8 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.3 | 0.6 | (1.1) | 37.9 | 65.7 | (12.6) | (65.3) | (35.9) | (71.6) | (9.4) | (12.8) | (31.4) | (11.3) | (6.3) | 0 | (3.3) | (29.1) | 393.7 | 0 | 0 | (1.3) | 0 | 0 |
| Investing Cash Flow | (11.1) | (9.2) | (8.5) | (1.3) | (13.0) | (32.2) | (10.3) | (6.9) | (4.2) | (70.5) | (10.4) | 27.8 | 51.1 | (47.5) | (65.3) | (96.4) | (42.9) | (18.0) | (92.6) | (17.0) | (10.3) | (10.1) | (46.4) | (12.7) | 38.6 | 342.7 | (75.3) | (4.7) | (6.1) | (6.7) | (3.1) |
| Financing Activities | |||||||||||||||||||||||||||||||
| Net Debt Issuance | (4.0) | (2.0) | (1.0) | (38.8) | (2.3) | (5.9) | 3.7 | (2.1) | (1.1) | (2.4) | 128.2 | 0 | 0 | 0 | 0 | 18.8 | 0 | 0 | (0.5) | (0.9) | (1.2) | 0.7 | (0.9) | (0.2) | 2.7 | 0 | (0.5) | 0.6 | 0 | 0 | (3.2) |
| Stock Repurchased | (79.0) | (30.0) | 0 | (5.1) | 0 | 0 | 0 | 0 | 0 | 0 | (72.9) | (93.1) | (116.5) | (22.6) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 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 Financing Activities | (4.4) | (7.8) | (10.5) | (6.3) | (2.1) | 5.5 | (5.8) | (0.2) | (2.8) | (2.2) | (7.1) | 0.0 | 0.1 | 0.1 | 2.0 | 0 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0 | 0.1 | 0 | 0 |
| Financing Cash Flow | (81.4) | (33.3) | (5.0) | (43.1) | 7.9 | (2.1) | 6.3 | 2.7 | 0.9 | (0.2) | 57.5 | (92.0) | (111.2) | (17.7) | 14.7 | 22.7 | 4.2 | 8.5 | 152.9 | 3.9 | 5.3 | 3.9 | 72.3 | 3.6 | 9.0 | 5.5 | 69 | 2.2 | 1.4 | 0.7 | 21.2 |
| Cash Position | |||||||||||||||||||||||||||||||
| Net Change in Cash | 22.7 | 17.5 | (5.3) | (43.8) | 34.8 | 5.6 | 27.1 | 7.2 | 1.4 | (70.6) | 53.2 | (17.3) | (6.3) | 5.7 | (5.5) | (55.9) | (27.4) | 50.9 | 95.6 | (4.4) | 11.2 | (15.3) | 20.3 | (14.5) | 22.5 | (11.3) | 15.6 | 2.2 | 1.4 | 0.7 | 21.2 |
| Cash at Beginning | 101.8 | 84.3 | 89.6 | 133.4 | 98.6 | 93.1 | 66.0 | 58.8 | 55.6 | 126.2 | 73.0 | 90.3 | 96.7 | 91.0 | 96.5 | 152.5 | 179.9 | 129.0 | 33.5 | 37.8 | 26.6 | 41.9 | 21.5 | 36.0 | 13.5 | 24.8 | 9.2 | 13.7 | 16.4 | 22.1 | 1.7 |
| Cash at End | 124.5 | 101.8 | 84.3 | 89.6 | 133.4 | 98.6 | 93.1 | 66.0 | 57.0 | 55.6 | 126.2 | 73.0 | 90.3 | 96.7 | 91.0 | 96.5 | 152.5 | 179.9 | 129.0 | 33.5 | 37.8 | 26.6 | 41.9 | 21.5 | 36.0 | 13.5 | 24.8 | 15.9 | 17.8 | 22.8 | 22.9 |
| Free Cash Flow | 96.9 | 52.7 | (1.4) | (3.8) | 28.0 | 7.0 | 21.0 | 5.2 | (8.3) | (14.7) | (8.0) | 37.3 | 39.2 | 58.2 | 27.9 | (17.8) | 3.0 | 51.1 | 29.5 | 3.5 | 10.4 | (15.3) | (8.9) | (8.7) | (53.8) | (389.4) | 12.5 | (6.7) | (2.8) | (6.4) | (0.8) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||||||||
| Revenue | 360.5 | 678.7 | 607.9 | 625.0 | 507.1 | 378.8 | 402.9 | 403.6 | 358.2 | 405.9 | 377.0 | 433.6 | 461.9 | 530.5 | 549.3 | 423.3 | 319.6 | 365.0 | 311.2 | 247.7 | 257.4 | 248.3 | 182.3 | 186.6 | 203.8 | 263.0 | 184.1 | 83.9 | 74.4 | 60.9 | 39.2 |
| Gross Profit | 163.7 | 365.9 | 312.5 | 315.9 | 259.7 | 195.0 | 223.0 | 209.2 | 169.8 | 200.8 | 202.7 | 212.3 | 220.4 | 236.6 | 254.5 | 195.4 | 134.4 | 177.5 | 134.1 | 101.4 | 93.9 | 104.5 | 60.6 | 54.4 | 1.6 | 100.8 | 86.9 | 34.9 | 38 | 30.2 | 19.7 |
| Operating Income | 17.0 | 63.1 | 22.2 | 45.5 | 18.8 | (12.4) | 13.1 | (5.0) | (70.9) | (67.0) | (12.9) | (21.6) | (23.0) | (9.3) | 11.8 | 5.1 | (12.0) | 39.3 | 19.3 | (3.7) | (7.0) | 1.4 | (30.5) | (77.3) | (168.8) | (262.9) | 29 | (7.9) | 4.5 | 5.2 | 3.8 |
| Net Income | (43.3) | 39.2 | 84.0 | 28.2 | 13.3 | (29.3) | (5.9) | (21.0) | (83.0) | (72.3) | (15.7) | (46.2) | 37.0 | (10.9) | 8.8 | (4.3) | (24.1) | 64.0 | 23.4 | 1.0 | (5.7) | 1.6 | (29.4) | (76.9) | (166.4) | (1,654.0) | 23.7 | (21.5) | 4.9 | 5.9 | 4.1 |
| EPS (Diluted) | -0.38 | 0.33 | 0.72 | 0.25 | 0.12 | -0.30 | -0.07 | -0.25 | -1.02 | -0.93 | -0.18 | -0.50 | 0.34 | -0.09 | 0.08 | -0.04 | -0.25 | 0.67 | 0.28 | 0.01 | -0.08 | 0.02 | -0.47 | -1.29 | -2.84 | -34.06 | 0.76 | -0.46 | 0.11 | 0.26 | 0.10 |
| Balance Sheet | |||||||||||||||||||||||||||||||
| Cash & Equivalents | 124.1 | 101.5 | 84.3 | 89.6 | 133.4 | 98.6 | 93.1 | 66.0 | 57.0 | 55.6 | 126.2 | 73.0 | 90.3 | 96.7 | 91.0 | 96.5 | 152.5 | 179.9 | 129.0 | 33.5 | 37.8 | 26.6 | 41.9 | 21.5 | 36.0 | 13.5 | 24.8 | 9.2 | 13.7 | 16.4 | 22.1 |
| Total Assets | 718.5 | 796.5 | 768.2 | 710.0 | 693.7 | 591.5 | 587.3 | 510.8 | 508.1 | 554.1 | 525.0 | 480.5 | 606.1 | 717.5 | 734.2 | 720.4 | 572.0 | 564.4 | 475.8 | 282.0 | 226.3 | 242.4 | 224.7 | 173.8 | 238.1 | 425.9 | 185.7 | 62.4 | 58.9 | 54.6 | 41.8 |
| Total Debt | 147.8 | 148.3 | 156.1 | 160.8 | 190.2 | 184.8 | 186.3 | 134.7 | 131.7 | 124.4 | 98.3 | 0 | 0 | 0 | 0 | 0 | 6.9 | 0 | 0 | 0.5 | 1.3 | 2.3 | 1.7 | 2.6 | 2.7 | 0 | 0 | 0.6 | 0 | 0 | 0 |
| Stockholders' Equity | 383.2 | 465.3 | 436.9 | 324.5 | 296.8 | 258.3 | 252.4 | 228.2 | 218.3 | 270.6 | 328.2 | 371.8 | 493.5 | 553.4 | 564.3 | 520.2 | 407.5 | 414.3 | 334.4 | 145.1 | 113.0 | 110.6 | 106.2 | 62.2 | 135.1 | 295.7 | 144.9 | 43.5 | 49.9 | 43.6 | 37 |
| Cash Flow | |||||||||||||||||||||||||||||||
| Operating Cash Flow | 108.0 | 61.9 | 7.1 | 5.5 | 41.0 | 39.2 | 31.3 | 12.3 | 3.1 | 0.4 | 6.4 | 47.4 | 53.8 | 70.8 | 45.2 | 17.8 | 11.1 | 60.1 | 35.4 | 8.6 | 16.1 | (9.0) | (5.6) | (5.4) | (24.8) | (359.5) | 21.8 | (2) | 2 | 0.3 | 2.3 |
| Capital Expenditure | (11.1) | (9.2) | (8.5) | (9.2) | (13.0) | (32.2) | (10.3) | (7.0) | (11.4) | (15.1) | (14.4) | (10.1) | (14.6) | (12.6) | (17.3) | (35.6) | (8.1) | (9.0) | (5.9) | (5.1) | (5.7) | (6.3) | (3.4) | (3.3) | (29.1) | (29.9) | (9.3) | (4.7) | (4.8) | (6.7) | (3.1) |
| Free Cash Flow | 96.9 | 52.7 | (1.4) | (3.8) | 28.0 | 7.0 | 21.0 | 5.2 | (8.3) | (14.7) | (8.0) | 37.3 | 39.2 | 58.2 | 27.9 | (17.8) | 3.0 | 51.1 | 29.5 | 3.5 | 10.4 | (15.3) | (8.9) | (8.7) | (53.8) | (389.4) | 12.5 | (6.7) | (2.8) | (6.4) | (0.8) |