Insperity, Inc. logo NSP - Insperity, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 3
HOLD 4
SELL 1
STRONG
SELL
0
| PRICE TARGET: $52.00 DETAILS
HIGH: $62.00
LOW: $36.00
MEDIAN: $55.00
CONSENSUS: $52.00
UPSIDE: 62.04%
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 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Revenue
Revenue 1,895 1,668 1,623 1,658 1,863 1,613 1,561 1,605 1,802 1,580.2 1,551 1,585 1,770 1,489.7 1,439.2 1,432.1 1,577.8 1,291.2 1,209.6 1,185.4 1,286.8 1,056.3 1,007.8 993.4 1,229.5 1,075.1 1,043.4 1,043.3 1,153.0 966.8 925.1 922.3 1,014.4 826.5 795.5 795.6 882.7 729.1 702.5 707.3 802.4 650.0 626.3 627.8 699.5 595.9 560.3 564.6 637.0 557.1 539.9 547.3 611.8 532.4 512.0 519.3 595.2 495.1 471.8 472.9 536.4 435.5 414.1 412.4 457.7 395.9 390.9 404.3 462.0 426.0 421.9 420.5 456.1 402.1 383.4 376.8 407.8 352.6 338.4 337.8 360.6 305.6 285.2 279.9 299.0 248.7 235.9 232.9 252.0 229.1 219.2 (2,677.3) 1,160.9 1,199.1 1,044.8 1,043.4 1,126.5 962.0 864.5 755.5
Cost of Revenue 1,604 1,496 1,428 1,435 1,553 1,395 1,332 1,345 1,457 1,358.1 1,293 1,360 1,438 1,248.7 1,194.6 1,192.2 1,292.1 1,120.6 1,011.1 985.8 1,035.4 888.8 822.8 773.1 995.5 913.2 872.8 869.6 926.3 805.2 759.1 767.8 814.7 683.6 655.5 665.0 723.3 618.5 584.7 594.1 652.4 553.0 519.5 523.6 569.6 494.5 459.5 469.2 530.8 467.2 442.5 449.5 503.7 438.9 413.5 432.0 492.2 405.2 384.8 389.1 445.4 354.7 340.5 341.1 385.0 334.6 319.8 332.3 378.4 338.4 336.4 336.4 369.5 317.7 308.3 298.3 339.7 278.0 266.6 269.6 292.6 238.3 227.0 223.5 244.9 197.3 188.2 184.3 202.0 170.5 172.4 (2,729.6) 1,124.4 1,152.8 1,003.2 1,015.6 1,080.1 922.0 833.1 734.8
Gross Profit 291 172 195 223 310 218 229 260 345 222.1 258 225 332 241.0 244.6 239.9 285.8 170.6 198.5 199.6 251.4 167.6 185.0 220.2 234.0 161.9 170.5 173.7 226.7 161.6 166.1 154.5 199.7 142.9 140.0 130.6 159.3 110.5 117.8 113.3 150.0 97.0 106.7 104.2 129.9 101.4 100.8 95.5 106.2 90.0 97.4 97.7 108.1 93.5 98.4 87.3 103.0 89.9 87.0 83.8 91.0 80.8 73.7 71.4 72.7 61.3 71.1 72.0 83.6 87.6 85.5 84.1 86.6 84.3 75.0 78.5 68.1 74.7 71.9 68.2 68.0 67.2 58.2 56.3 54.0 51.4 47.7 48.5 50.0 58.6 46.8 52.4 36.6 46.3 41.5 27.8 46.4 40.1 31.3 20.7
Operating Expenses
R&D Expenses 0 0 0 0 0 13 0 0 0 13.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6 0 0 0 4.1 0 0 0 3 0 0 0 3.3 0 0 0 4.1 0 0 0 3.6 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 66 59 196 209 231 222 217 215 226 189.0 177 186 201 179.9 181.8 181.4 177.2 145.1 149.0 154.6 159.6 152.0 148.4 139.4 141.2 126.4 128.5 128.1 134.6 122.5 112.3 115.5 129.8 114.3 105.5 103.2 101.6 91.9 91.0 93.1 92.7 83.5 82.3 86.1 91.2 81.6 81.1 84.3 84.4 74.4 75.0 82.3 81.0 68.5 74.6 73.4 75.7 69.4 69.1 68.8 71.9 64.5 57.9 59.1 65.1 61.4 57.4 59.1 66.5 68.9 64.6 64.7 65.0 61.4 55.4 56.4 54.3 53.9 51.7 50.4 49.7 47.7 43.9 41.8 43.4 42.1 38.2 39.5 38.3 39.6 38.8 38.3 37.2 32.6 32.7 32.6 30.0 26.5 25.0 22.8
Other Expenses 163 159 24 21 11 (2) 11 22 11 (3.0) 22 23 10 10.3 10.1 10.1 10.2 10.8 9.9 9.8 8.0 7.9 7.8 7.9 7.6 7.8 7.3 6.9 6.7 0 5.6 5.5 5.2 0 4.7 4.4 4.3 4.2 4.0 4.2 4.3 (0.1) 0.0 (0.0) 5.3 0.0 0.0 0.0 (0.0) 0.0 (0.0) (2.7) 0.0 4.9 4.7 4.5 4.2 3.9 3.8 3.6 3.9 3.6 3.7 3.7 3.8 4.0 4.2 4.2 4.2 4.2 4.0 3.8 3.6 4.9 3.8 3.7 3.7 3.8 3.9 3.8 3.9 4.1 3.7 3.6 3.8 4.0 4.4 4.6 4.6 4.7 5.3 5.8 5.3 4.7 4.1 3.7 3.5 3.0 2.9 2.6
Operating Expenses 229 218 220 230 242 233 228 237 237 199.8 199 209 211 190.2 191.9 191.5 187.4 155.9 158.9 164.3 167.6 159.8 156.3 147.3 148.8 134.2 135.8 135.0 141.3 129.0 117.9 121.0 135.0 119.2 110.2 107.6 105.9 96.1 95.0 97.2 97.0 87.7 86.8 90.7 96.5 87.1 86.4 89.6 89.6 79.8 80.3 87.5 86.1 73.4 79.3 77.9 80.0 73.3 72.9 72.4 75.8 68.2 61.6 62.8 68.9 65.4 61.5 63.4 70.7 73.1 68.6 68.5 68.6 66.3 59.2 60.2 58.0 57.8 55.6 54.2 53.6 51.8 47.6 45.5 47.1 46.1 42.6 44.0 42.9 44.3 44.1 44.1 42.5 37.4 36.8 36.3 33.5 29.5 27.9 25.4
Operating Income
Operating Income 62 (46) (25) (7) 68 (15) 1 23 108 22.3 59 16 121 50.9 52.6 48.4 98.4 14.7 39.6 35.2 83.8 7.7 28.8 73.0 85.2 27.7 34.7 38.7 85.5 32.6 48.1 33.6 64.7 23.7 29.8 22.9 53.5 14.5 22.8 16.0 53.0 10.0 19.9 12.2 23.5 13.0 14.5 3.4 16.6 6.9 17.1 10.2 22.0 20.1 19.1 9.4 23.0 16.7 14.1 11.4 15.1 12.7 12.1 8.6 3.8 (4.0) 9.6 8.6 12.9 14.5 16.9 15.6 18.0 18.1 15.8 18.3 10.0 16.9 16.3 14.0 14.4 15.4 10.6 10.9 6.9 5.4 5.1 4.5 7.2 14.3 2.7 8.2 (6.0) 9.0 4.8 (8.5) 12.9 10.6 3.5 (4.7)
Interest Expense 6 6 6 6 6 7 7 7 7 7.2 7 7 6 5.5 4.1 2.7 1.9 1.9 2.0 2.0 1.6 1.7 1.7 2.2 2.4 2.2 2.1 1.6 1.7 1.3 1.2 1.1 1.1 0.9 0.9 0.8 0.6 0.5 0.6 0.7 0.6 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
Interest Income 7 6 7 7 10 9 9 9 10 9.0 9 7 9 5.5 2.8 0.9 0.1 0.2 0.3 1.4 0.5 0.2 0.1 0.4 1.9 2.0 2.6 2.8 3.2 2.7 2.0 1.8 1.5 1.3 1.0 0.7 0.5 0.3 0.3 0.3 0.3 0.0 0.0 0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.2 0.2 0.1 0.2 0.3 0.3 0.2 0.3 0.3 0.2 0.2 0.5 0.4 0.6 0 1.7 1.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.4 4.1 0 0 0 0 0 0
Profitability
EBITDA 73 (34) (7) 4 89 5 21 43 129 42.0 79 34 140 66.6 65.5 59.4 108.7 25.7 49.8 46.4 92.4 15.8 36.7 81.3 94.7 37.5 44.6 48.4 95.4 41.8 55.8 40.9 71.4 29.8 35.5 28.0 58.2 19.0 27.2 20.5 57.6 13.6 24.6 16.9 28.9 19.8 19.8 11.2 21.8 12.3 22.4 15.5 27.2 22.2 23.8 13.9 27.3 20.6 17.9 15.0 19.1 16.3 15.8 12.7 7.8 (0.0) 13.7 12.8 17.1 18.6 20.9 19.4 21.6 23.4 19.6 22.0 13.7 20.6 20.2 18.0 18.3 19.6 14.4 14.6 10.7 9.5 9.5 9.1 11.8 19.2 8.1 14.1 (0.6) 13.8 8.9 (4.8) 16.4 13.6 6.4 (2.0)
EBIT 62 (46) (18) (7) 78 (6) 10 32 118 31.2 68 23 130 56.4 55.4 49.3 98.5 14.9 39.9 36.7 84.4 8.0 28.9 73.4 87.1 29.8 37.3 41.5 88.7 35.3 50.2 35.4 66.2 25.0 30.8 23.6 54.0 14.8 23.1 16.3 53.3 9.4 20.1 12.3 23.6 14.2 14.5 5.9 16.6 10.2 17.1 10.2 22.0 20.1 19.1 9.4 23.0 16.7 14.1 11.4 15.1 12.7 12.1 8.6 3.8 (4.0) 9.6 8.6 12.9 14.5 16.9 15.6 18.0 18.1 15.8 18.3 10.0 16.9 16.3 14.0 14.4 15.4 10.6 10.9 6.9 5.4 5.1 4.5 7.2 14.3 2.7 8.2 (6.0) 9.0 4.8 (8.5) 12.9 10.6 3.5 (4.7)
Income Before Tax 63 (46) (24) (6) 72 (13) 3 25 111 24.0 61 16 124 50.8 51.4 46.6 96.6 13.0 37.9 34.7 82.8 6.3 27.1 71.1 84.7 27.6 35.2 39.9 87.0 34.0 49.0 34.3 65.1 24.1 29.9 22.8 53.3 14.3 22.5 15.7 52.7 10.0 20.0 12.2 23.5 13.1 14.5 3.5 16.6 6.9 17.1 7.6 22.1 16.1 19.3 9.6 23.3 16.8 6.8 11.7 15.4 12.9 12.4 8.8 4.0 (3.8) 10.0 9.0 13.5 15.5 18.7 17.4 20.5 20.4 18.7 21.3 13.0 20.0 18.9 16.6 16.7 17.1 11.6 11.6 7.4 5.7 5.1 4.6 15.3 14.5 2.9 4.8 (5.2) 6.0 6.2 (7.1) 14.4 11.7 4.4 (3.9)
Income Tax Expense 30 (13) (4) (1) 21 (4) 0 7 32 4.5 16 4 29 12.6 13.7 13.0 26.7 3.3 10.6 9.5 20.8 2.0 7.1 19.3 22.6 7.2 9.3 11.3 10.7 9.3 12.8 9.7 15.1 8.5 10.7 8.8 17.7 4.8 8.4 6.0 20.0 3.6 8.0 4.9 9.7 4.9 6.1 1.6 7.0 1.6 7.1 4.1 8.9 6.6 7.8 4.0 9.4 6.0 2.7 5.0 6.6 5.1 5.1 3.7 1.7 (1.0) 4.2 3.6 5.3 5.8 6.7 6.5 7.3 7.1 6.6 7.6 4.6 6.6 6.8 6.1 6.1 6.2 4.4 4.3 2.8 2.1 1.5 1.8 6.0 5.7 1.0 3.8 (2.1) 3.7 2.4 (2.8) 5.3 4.3 1.6 (1.4)
Net Income 33 (33) (20) (5) 51 (9) 3 18 79 19.6 45 12 95 38.2 37.7 33.6 69.9 9.7 27.3 25.2 61.9 4.3 20.0 51.9 62.1 20.4 25.9 28.6 76.3 24.7 36.2 24.6 50.0 15.6 19.2 14.0 35.6 9.5 14.1 9.7 32.7 6.3 11.9 7.3 13.8 8.2 8.4 1.9 9.6 5.3 10.1 3.5 13.2 9.4 11.5 5.6 13.9 10.8 4.1 6.7 8.8 7.8 7.2 5.1 2.3 (2.8) 5.8 5.4 8.2 9.7 11.9 11.0 13.2 13.3 12.2 13.6 8.4 13.4 12.1 10.5 10.5 10.9 7.2 7.3 4.6 3.5 3.6 2.8 9.2 8.0 1.7 1.0 (3.2) 2.3 3.8 (4.3) 9.2 7.4 2.8 (2.5)
Per Share Data
EPS (Basic) 0.88 -0.88 -0.53 -0.14 1.34 -0.22 0.08 0.48 2.14 0.52 1.17 0.34 2.50 1.01 0.99 0.88 1.83 0.25 0.71 0.65 1.62 0.11 0.52 1.34 1.59 0.51 0.64 0.69 1.86 0.59 0.86 0.59 1.20 0.36 0.46 0.33 0.85 0.23 0.33 0.23 0.77 0.13 0.24 0.14 0.27 0.16 0.17 0.04 0.19 0.11 0.20 0.07 0.26 0.19 0.23 0.11 0.27 0.22 0.08 0.13 0.17 0.15 0.14 0.10 0.04 -0.06 0.12 0.11 0.17 0.20 0.24 0.22 0.26 0.26 0.23 0.26 0.16 0.25 0.22 0.19 0.20 0.20 0.14 0.14 0.09 0.07 0.07 0.06 0.18 0.15 0.03 0.02 -0.06 0.04 0.07 -0.08 0.17 0.14 0.05 -0.04
EPS (Diluted) 0.88 -0.88 -0.53 -0.14 1.34 -0.22 0.08 0.48 2.08 0.52 1.16 0.33 2.44 0.99 0.98 0.87 1.81 0.25 0.70 0.65 1.59 0.11 0.51 1.33 1.58 0.51 0.63 0.69 1.85 0.59 0.86 0.58 1.18 0.36 0.46 0.33 0.85 0.23 0.33 0.23 0.77 0.13 0.24 0.14 0.27 0.16 0.17 0.04 0.19 0.11 0.20 0.07 0.26 0.19 0.23 0.11 0.27 0.22 0.08 0.13 0.17 0.15 0.14 0.10 0.04 -0.06 0.12 0.11 0.17 0.20 0.23 0.22 0.26 0.26 0.23 0.25 0.15 0.25 0.22 0.19 0.19 0.20 0.13 0.14 0.09 0.07 0.07 0.05 0.17 0.15 0.03 0.02 -0.06 0.04 0.07 -0.08 0.17 0.13 0.05 -0.04
Shares Outstanding 37.7 37.7 38 35.7 38 40.9 38 37.5 37 37.6 37.9 38 38 37.8 38.0 38.2 38.3 38.3 38.5 38.6 38.2 38.2 38.5 38.6 38.8 39.6 40.2 40.8 40.5 41.2 41.3 41.4 41.2 40.9 40.9 41.3 41.1 41.3 41.7 41.7 41.9 47.5 48.1 49.5 49.7 49.2 49.3 49.5 49.6 48.9 49.7 49.6 49.8 49.8 49.8 50.2 50.2 50.0 50.9 51.5 51.0 50.5 50.6 50.8 50.2 49.8 49.7 49.5 49.1 49.1 50.8 50.8 50.6 50.6 52.8 53.5 54.1 54.1 55.1 55.2 54.1 52.3 51.3 52.0 51 51 51.6 51.1 52.8 52.8 57.1 54.5 57.5 57.0 53.9 54.2 53.4 54.9 53.3 54.9
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 2010 Q2 2010 Q1 2009 Q4 2009 Q2 2009 Q1 2007 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2001 Q3 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2 1998 Q1 1997 Q4 1997 Q3 1997 Q2 1997 Q1 1996 Q4 1995 Q4
Current Assets
Cash & Cash Equivalents 537 642 501 441 551 1,039 470 676 667 693 678.6 580.1 696.6 732.8 562.1 510.9 576.7 575.8 467.9 455.4 494.8 554.8 372.4 459.4 404.7 367.3 243.4 324.9 398.9 326.8 328.3 308.7 354.6 354.3 285.9 241.9 303.9 286.0 223.6 271.6 318.8 169.4 212.5 227.1 181.6 196.6 114.9 75.9 94.8 104.7 56.1 56.4 71.8 35.3 65.5 59.3 57.2 69.7 47.2 37.2 32.8 25.5 22.3 19 15.4 23.5 18.4 28.8 41.3 40.6 28.6 29 32.6 13.4 6.5
Short-Term Investments 18 18 18 15 17 16 16 16 16 16 13.8 36.0 35.5 33.1 34.5 30.8 32.6 31.8 32.7 34.6 34.3 34.5 34.0 32.0 19.5 34.7 60.9 61.1 53.6 60.8 37.6 7.2 1.9 2.0 1.9 1.9 1.8 1.9 1.8 1.9 1.9 40.9 26.6 6.0 0 0 89.0 27.3 26.2 24.0 18.7 18.0 14.7 15.0 42.5 31.4 31.3 39.0 32.6 30.8 33.5 30.7 30.9 30.2 36.7 49.7 50.1 40.6 27.8 26 24.3 0 18.9 0 0
Net Receivables 880 855 929 854 842 829 765 740 724 694 656.7 616.7 607.3 622.8 558.7 691.5 670.2 525.7 585.1 601.0 564.7 392.7 528.7 473.9 520.7 469.5 495.6 435.6 421.3 400.6 400.0 351.8 339.2 343.8 303.2 268.4 264.1 275.2 245.5 251.7 235.4 180.4 175.3 125.3 170.2 171.9 142.9 90.2 93.6 61.7 85.0 88.9 82.5 88.1 71.9 64.4 59.3 65.2 55.5 46.1 43.8 34.2 38.9 40.9 37.9 26.1 34 31.3 29.3 21.1 24.5 20.1 20.2 16.9 14.8
Inventory 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 67.4 67.7 69.6 50.6 56.0 59.5 76.8 51.9 60.7 68.8 57.6 57.7 59.4 67.8 51.8 59.7 47.1 53.5 53.6 54.1 52.5 23.5 22.4 30.6 20.2 7.8 0 11.8 0 0 0 0 0 0 0 0 6.3 6.1 4.1 2.5 0 1.1 1.8 1.8 0.7 1.1 0 0 0
Other Current Assets 295 201 89 166 188 176 151 155 175 185 107.3 108.1 128.0 111.5 103.3 124.5 129.7 100.2 101.1 93.2 100.1 85.0 79.0 79.9 88.8 92.8 71.7 73.1 81.3 69.9 66.5 64.5 69.5 68.1 61.0 59.7 65.6 62.2 60.2 59.8 68.7 45.9 46.8 45.3 44.6 45.5 47.3 15.6 13.4 15.5 5.7 13.7 12.8 12.6 1.0 0.9 0.7 0.7 0.3 0.1 0 0 0 (0.1) (0.1) 51 0.2 0.2 0.2 0.1 0.5 22.2 0 0 6.9
Total Current Assets 1,730 1,722 1,554 1,517 1,654 2,085 1,433 1,621 1,619 1,595 1,477.7 1,363.6 1,518.1 1,511.9 1,289.0 1,410.6 1,431.9 1,244.8 1,206.5 1,201.3 1,251.5 1,077.3 1,048.9 1,068.6 1,079.3 974.7 893.7 919.2 980.1 866.5 846.2 749.8 801.0 778.9 671.0 599.0 650.5 640.3 548.7 611.5 636.4 458.5 472.1 418.2 414.7 433.0 407.6 219.6 239.5 228.5 185.2 184.0 192.2 162.3 184.2 159.6 152.8 181.4 143.4 123.1 119.6 98.7 98.3 96.1 94 103.1 104.5 101.7 100.1 89.4 78.2 72.3 72.5 33 28.2
Non-Current Assets
Property, Plant & Equipment 232 240 245 248 253 257 256 241 247 254 244.6 245.0 249.7 256.5 253.2 258.5 266.7 273.6 276.0 286.1 287.9 276.9 256.9 235.2 218.8 204.6 193.1 175.0 166.4 117.2 100.7 99.0 97.1 95.7 93.7 92.7 87.7 80.3 72.7 67.7 64.3 77.5 78.3 81.2 85.5 87.7 79.5 72.2 75.5 78.8 83.5 87.0 92.4 92.0 61.6 58.0 54.5 52.4 49.1 46.8 45.1 44.4 37.5 33.8 32.4 31 26.8 19.4 18.4 16.7 14.4 13.3 12.4 11.6 9.1
Goodwill 13 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 12.7 0 0 0 12.7 0 0 0 12.7 0 0 0 12.7 0 0 0 12.7 0 0 0 12.7 0 0 0 180.4 175.3 125.3 170.2 171.9 4.8 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
Intangible Assets 0 13 13 13 13 13 13 13 13 13 12.7 12.7 12.7 12.7 12.7 12.7 12.7 0.0 12.7 12.7 12.7 0.0 12.7 12.7 12.7 0.0 12.7 12.7 12.7 19.6 12.7 12.7 12.7 0.1 12.8 12.8 13.0 0.4 13.2 13.3 13.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6.6 5.2 3.6 3 2 1.6 1.1 0.8 0.9 0.9 0.8 0.7 0.6
Long-Term Investments 0 0 147 0 0 0 0 0 0 0 0 197.9 0 0 0 166.1 0 0 225.1 220.5 196.6 0 195.7 194.3 197.0 0 185.6 203.3 186.1 181.7 166.6 179.4 172.3 168.5 157.1 172.2 164.1 157.6 148.3 144.4 152.6 0 0 6.4 7.5 7.5 (2.9) 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 Assets 221 206 50 218 213 208 212 205 241 238 251.4 35.2 259.5 242.6 225.8 35.8 228.8 217.1 12.1 7.1 7.0 207.8 6.3 6.2 6.0 199.0 6.7 6.2 5.5 4.9 5.7 5.5 5.5 3.5 4.5 3.6 3.0 1.8 2.2 2.0 1.8 58.9 71.7 59.6 53.9 64.7 54.5 52.9 47.7 35.8 16.2 25.2 25.2 28.1 3.6 8.4 9.1 9.1 9.5 9.6 4.8 4.6 5.5 5.3 5.5 5.7 2.6 2.7 2.6 2.6 2.5 2.8 2.7 3.1 1.6
Total Non-Current Assets 466 481 458 501 489 512 500 474 507 525 518.8 501.6 521.9 527.4 492.5 482.3 508.2 508.2 527.6 526.8 517.6 507.0 474.4 449.1 443.1 420.2 398.4 397.8 370.9 325.3 290.5 301.3 290.5 284.8 276.3 286.9 278.1 266.9 246.2 235.0 244.1 149.3 158.4 158.2 157.1 170.0 138.8 129.7 127.9 119.6 103.3 117.2 123 124.7 70.7 66.4 63.7 61.4 58.6 56.4 49.9 49 49.6 44.3 41.5 39.7 31.4 23.7 22.1 20.1 17.8 17 15.9 15.4 11.3
Total Assets 2,196 2,203 2,012 2,018 2,143 2,597 1,933 2,095 2,126 2,120 1,996.5 1,865.3 2,040.0 2,039.3 1,781.5 1,892.9 1,940.1 1,753.1 1,734.1 1,728.1 1,769.1 1,584.3 1,523.3 1,517.7 1,522.4 1,395.0 1,292.1 1,317.0 1,351.0 1,191.8 1,136.7 1,051.1 1,091.5 1,063.7 947.4 885.9 928.5 907.2 794.9 846.5 880.5 607.8 630.5 576.5 571.7 603.0 546.4 349.2 367.4 348.1 288.5 301.3 315.2 287.0 254.9 226.1 216.5 242.8 202.1 179.5 169.5 147.7 147.9 140.4 135.5 142.8 135.9 125.4 122.2 109.5 96 89.3 88.4 48.4 39.5
Current Liabilities
Account Payables 6 6 8 6 8 10 6 7 6 11 7.2 6.8 9.5 7.7 5.5 6.0 7.8 6.4 4.2 4.1 5.8 6.2 6.0 2.9 6.2 4.6 5.4 6.5 7.9 10.6 5.3 4.1 5.5 6.4 3.1 3.1 4.5 4.2 4.0 3.5 5.2 1.3 1.9 1.9 0.9 1.2 4.6 1.3 1.2 4.3 1.8 1.8 3.1 2.7 4.7 2.7 3.3 1.5 3.2 1.4 2.3 2.8 0.9 2.4 0.9 2.6 1.3 1.2 1.2 1.4 0.7 1.2 1.7 0.6 1.5
Short-Term Debt 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 0.6 1.9 1.9 1.9 1.8 1.8 1.7 30 4 0.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.5 0.1
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 0 0 0 (0.2) (0.4) 204.3 113.0 92.7 93.4 96.2 94.4 88.6 101.9 0 16.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.9 0
Other Current Liabilities 1,582 84 445 79 76 71 70 67 64 60 55.0 504.5 51.9 53.5 57.0 58.1 53.3 50.5 344.1 49.8 443.8 48.2 269.1 309.9 320.0 52.9 48.9 47.1 48.0 290.1 262.1 261.7 351.1 348.0 240.9 239.2 299.4 22.4 206.0 43.3 42.2 2.6 37.5 0 1.5 1.5 87.9 45.6 82.9 72.8 37.6 52.4 57.7 32.8 129.3 99.3 110.3 128.7 99.2 89.2 83.5 60.1 65.6 58 56.2 48.1 48.8 42.9 42.3 41.4 32.5 28.2 27.8 26.4 21.9
Total Current Liabilities 1,588 1,620 1,382 1,357 1,466 1,930 1,233 1,383 1,406 1,436 1,321.4 1,135.7 1,303.0 1,353.4 1,121.2 1,246.6 1,286.6 1,128.6 1,004.2 1,002.7 1,044.4 904.9 841.1 840.6 888.5 869.0 761.2 769.8 850.4 772.3 697.3 654.8 709.6 726.5 579.3 543.4 590.9 601.0 484.9 541.5 590.4 314.2 341.9 290.6 289.0 328.1 297.4 161.8 178.6 172.5 137.3 150.4 150.9 167.5 138.1 118.9 113.6 130.2 102.4 90.6 85.7 62.9 66.5 60.4 57.1 50.7 50.1 44.1 43.5 42.8 33.2 29.4 29.5 28.4 23.5
Non-Current Liabilities
Long-Term Debt 369 369 369 369 369 369 369 369 369 369 369.4 369.4 369.4 369.4 369.4 369.4 369.4 369.4 369.4 369.4 369.4 369.4 369.4 369.4 369.4 269.4 239.4 169.4 144.4 144.4 104.4 104.4 104.4 104.4 104.4 104.4 104.4 104.4 104.4 104.4 104.4 0 0 0 0 0 0 39.5 40.0 40.5 41.5 41.9 42.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4.1 4.6
Deferred Tax Liabilities 7 0 0 0 0 0 0 0 0 0 0 0 1.2 0 0 9.2 5.1 0 0 0 13.3 0 2.8 0.7 8.6 0 0 0 0 0 0 0 2.8 0 0 0 0 0 0 0 0 9.0 10.3 10.7 11.3 11.3 5.9 4.6 4.7 5.1 3.7 5.0 5.4 4.6 5.5 7.1 7.0 7.1 6.4 5.8 4.9 4.3 4.2 3.6 3 2.7 1 0.7 0.5 0.3 0.2 0.1 0.1 0 0.1
Other Non-Current Liabilities 104 102 107 113 122 135 140 146 155 163 170.6 179.6 181.4 179.6 174.7 173.7 182.9 192.7 197.5 199.0 196.6 201.5 204.9 201.6 197.6 193.6 190.4 188.2 186.6 197.4 183.1 174.0 171.8 166.5 161.7 154.4 146.8 141.3 136.0 135.7 130.3 54.5 53.1 52.0 51.3 49.0 39.7 20.5 19.4 12.5 0 0 0 0 0 0 0 0 0 0 0 0 2.6 2.5 2.5 2.5 2.6 2.6 2.6 2.6 2.5 2.6 2.6 2.6 0.6
Total Non-Current Liabilities 541 537 543 549 558 570 575 570 580 590 592.0 599.1 603.6 604.6 599.8 611.2 619.5 626.3 632.9 638.1 651.1 635.2 641.6 632.5 637.3 521.9 489.9 412.3 381.4 341.8 287.5 278.4 279.0 270.9 266.1 258.8 251.2 245.7 240.4 240.1 234.7 63.5 63.5 62.7 62.7 60.4 46.3 60.1 59.4 53.0 45.1 47.0 47.9 4.6 5.5 7.1 7.0 7.1 6.4 5.8 4.9 4.3 6.8 6.1 5.5 5.2 3.6 3.3 3.1 2.9 2.7 2.7 2.7 6.7 5.3
Total Liabilities 2,129 2,157 1,925 1,906 2,024 2,500 1,808 1,953 1,986 2,026 1,913.4 1,734.7 1,906.5 1,958.0 1,721.0 1,857.8 1,906.1 1,754.9 1,637.0 1,640.8 1,695.4 1,540.1 1,482.6 1,473.1 1,525.7 1,390.9 1,251.1 1,182.1 1,231.8 1,114.1 984.8 933.2 988.6 997.4 845.4 802.2 842.1 846.6 725.3 781.6 825.2 377.7 405.4 353.3 351.7 388.5 343.7 221.9 238.0 225.4 182.5 197.4 198.8 172.1 143.6 126.0 120.6 137.3 108.8 96.3 90.6 67.2 73.3 66.5 62.6 55.9 53.7 47.4 46.6 45.7 35.9 32.1 32.2 35.1 28.8
Stockholders' Equity
Common Stock 1 1 1 1 1 1 1 1 1 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 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 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 0.1 0.1 0
Retained Earnings 648 638 694 736 764 738 769 788 793 739 740.2 717.2 726.1 655.2 636.6 618.8 605.0 553.6 637.9 627.9 620.2 575.0 586.1 581.6 545.3 499.5 490.9 477.2 460.9 397.9 381.5 353.7 337.5 296.8 329.2 316.2 308.5 278.2 273.9 265.2 260.8 220.7 218.9 220.0 223.6 221.6 172.9 81.5 78.7 69.4 53.9 52.2 56.6 55.6 58.4 49.7 46.0 50.3 41.0 33.7 30.9 33.4 27.9 23.5 22 24 20.1 16.3 14.2 14.9 11.3 8.4 7.5 7.5 4.9
Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 0 0 0.0 0 0 0 (0.1) 0 0 0 (0.0) 0 0 (546.5) 0.0 0 0 0 0.0 0 0 0 (0.0) 0 (224.1) (218.8) (0.0) (210.7) (207.3) (205.0) (0.0) (199.3) (197.5) (194.2) 0.0 (0.0) 0.0 (140.3) (137.8) (0.2) (0.1) 0.0 (82.2) 0.1 0.1 0.2 0.2 0.7 0.3 0.3 0.2 (0.1) (0.2) (0.2) (0.2) (0.1) (9.8) 0.2 0.3 0.3 (6.7) (5.9) (5.2) (4.7) (4.2) (0.1) (3.4) (2)
Total Stockholders' Equity 67 46 87 112 119 97 125 142 140 94 83.1 130.5 133.4 81.3 60.5 35.1 34.0 (1.8) 97.0 87.3 73.6 44.1 40.6 44.6 (3.3) 4.1 41.0 134.9 119.2 77.7 151.9 117.9 102.8 66.3 101.9 83.7 86.4 60.5 69.6 64.9 55.4 230.1 225.0 223.2 220.0 214.5 202.7 127.4 129.4 122.6 106.0 103.9 116.3 114.9 111.3 100.0 95.9 105.5 93.2 83.2 78.9 80.5 74.6 73.9 72.9 86.9 82.2 78 75.6 63.8 60.1 57.2 56.2 13.3 10.7
Total Liabilities & Equity 2,196 2,203 2,012 2,018 2,143 2,597 1,933 2,095 2,126 2,120 1,996.5 1,865.3 2,040.0 2,039.3 1,781.5 1,892.9 1,940.1 1,753.1 1,734.1 1,728.1 1,769.1 1,584.3 1,523.3 1,517.7 1,522.4 1,395.0 1,292.1 1,317.0 1,351.0 1,191.8 1,136.7 1,051.1 1,091.5 1,063.7 947.4 885.9 928.5 907.2 794.9 846.5 880.5 607.8 630.5 576.5 571.7 603.0 546.4 349.2 367.4 348.1 288.5 301.3 315.2 287.0 254.9 226.1 216.5 242.8 202.1 179.5 169.5 147.7 147.9 140.4 135.5 142.8 135.9 125.4 122.2 109.5 96 89.3 88.4 48.4 39.5
Debt Metrics
Total Debt 430 435 436 436 436 435 435 424 425 427 421.4 419.5 421.0 425.0 425.1 428.3 431.5 433.6 435.4 439.1 441.1 433.7 433.8 430.2 431.0 328.3 299.5 224.0 194.8 144.4 104.4 104.4 104.4 104.4 104.4 104.4 104.4 104.4 104.4 104.4 104.4 0 0 0 0.2 0.4 1.2 41.4 41.9 42.4 43.3 43.7 44.5 30 4 0.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4.6 4.7
Net Debt (107) (207) (65) (5) (115) (604) (35) (252) (242) (266) (257.2) (160.6) (275.6) (307.8) (137.1) (82.6) (145.1) (142.2) (32.5) (16.3) (53.7) (121.2) 61.5 (29.2) 26.3 (39.1) 56.1 (100.9) (204.2) (182.4) (223.9) (204.3) (250.2) (249.9) (181.5) (137.5) (199.4) (181.6) (119.2) (167.2) (214.4) (169.4) (212.5) (227.1) (181.4) (196.2) (113.7) (34.5) (52.9) (62.4) (12.8) (12.7) (27.3) (5.3) (61.5) (58.8) (57.2) (69.7) (47.2) (37.2) (32.8) (25.5) (22.3) (19) (15.4) (23.5) (18.4) (28.8) (41.3) (40.6) (28.6) (29) (32.6) (8.8) (1.8)
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 2005 Q3 2005 Q2 2005 Q1 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2 1998 Q1 1997 Q4 1997 Q3 1997 Q2 1997 Q1
Operating Activities
Net Income 33 (33) (20) (5) 51 (9) 3 18 79 19.6 45 12 95 38.2 37.7 33.6 69.9 9.7 27.3 25.2 61.9 4.3 20.0 51.9 62.1 20.4 25.9 28.6 76.3 24.7 36.2 24.6 50.0 15.6 19.2 14.0 35.6 9.5 14.1 9.7 32.7 7.2 7.3 4.6 2.8 9.2 8.0 7.5 1.7 (4.4) 1.0 3.8 (3.2) (5.7) 2.3 8.7 3.8 9.2 7.4 2.8 (2.5) 5.6 4.3 1.6 (2.1) 3.9 3.8 2.1 (0.7) 3.5 3 0.9 0
Depreciation & Amortization 11 12 11 11 11 11 11 11 11 10.8 11 11 10 10.3 10.1 10.1 10.2 10.8 9.9 9.8 8.0 7.9 7.8 7.9 7.6 7.8 7.3 6.9 6.7 6.5 5.6 5.5 5.2 4.8 4.7 4.4 4.3 4.2 4.0 4.2 4.3 3.8 3.7 3.8 4.6 4.6 4.9 6.5 5.3 5.5 5.9 5.5 5.4 5.2 4.9 4.4 4.2 3.4 2.9 2.9 2.7 2.6 1.9 1.6 1.5 1.2 1.2 0.9 0.9 0.9 0.6 0.5 0.7
Stock-Based Compensation 0 14 16 20 11 14 17 20 10 11.3 16 15 11 11.3 13.3 15.6 9.8 4.7 10.4 13.8 11.8 22.0 20.9 10.7 6.6 3.2 6.5 8.3 6.0 5.8 5.8 5.8 3.1 8.0 6.6 5.3 4.5 4.1 4.2 4.8 3.6 0.0 0.4 1.0 0 8.2 12.8 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
Change in Working Capital (153) 281 (37) (93) (540) 618 (177) (20) (83) 26.8 137 (136) (93) 179.8 48.1 (99.5) (41.1) 182.5 1.5 (29.9) (102.8) 217.2 (59.1) 28.5 (65.0) 131.0 (65.5) (88.6) 20.0 81.0 5.8 (34.7) (41.9) 101.7 29.5 (59.1) (4.5) 84.3 (46.0) (57.6) 49.7 (31.1) 4.2 44.1 (19.3) (17.8) 48.0 (14.5) (6.4) (3.2) 17.5 (15.0) (22.1) 0.7 (20.0) 8.0 0.5 23.9 3.7 3.2 11.5 (3.3) 7.9 (1.7) (5.7) 3.5 2.2 (0.9) (7.6) 11.9 2.1 (1.2) (1.3)
Other Non-Cash Items 13 0 0 0 0 0 0 0 0 0 0 0 0 0.8 0 0 0 0.9 0 0 0 0.8 0 0 0 (0.5) (1.0) (14.6) 6.4 0.1 (6.1) (0.0) 0.0 0.1 3.3 (0.0) 0.0 0.0 0.0 0.0 0.0 0.4 0.1 0.2 0.2 (8.1) (12.4) (0.1) (0.5) 0.2 3.8 (0.0) 0.1 0.3 3.8 0.4 0.4 0.2 0.1 0.9 0.3 1.5 0.1 0.3 0.1 0.3 0 0.1 (0.1) 0.1 (1.9) 1.6 0
Operating Cash Flow (67) 255 (11) (79) (443) 619 (150) 20 31 58.2 210 (110) 40 225.7 99.2 (36.1) 58.8 205.3 47.8 5.0 2.0 239.8 (8.3) 91.1 23.8 158.1 (25.4) (45.3) 117.7 114.2 53.0 (6.3) 23.6 134.0 57.4 (30.6) 43.7 97.9 (25.9) (34.5) 95.2 (17.7) 17.8 50.3 (11.2) (3.5) 58.6 0.5 (1.0) (2.2) 28.8 (5.9) (20.2) 0.5 (9.0) 19.7 8.8 37.0 14.5 10.4 12.7 6.7 14.7 2.3 (5.9) 11 7.5 2.6 (7.2) 16.8 3.3 1.3 (0.9)
Investing Activities
Capital Expenditure (6) (9) (9) (7) (6) (13) (14) (6) (5) (17.6) (8) (7) (7) (13.9) (7.4) (4.4) (4.7) (9.3) (2.9) (8.6) (12.1) (29.4) (29.3) (23.8) (15.6) (20.3) (18.8) (11.6) (5.6) (13.8) (7.5) (7.4) (6.6) (6.8) (5.7) (9.2) (11.6) (12.7) (8.7) (7.8) (4.9) (3.1) (2.4) (1.4) (1.3) (0.9) (2.1) (2.1) (1.5) (1.0) (1.8) (11.5) (12.7) (10.6) (4.8) (2.9) (5.5) (6.1) (4.2) (2.9) (2.3) (2.8) (5.4) (3) (2.6) (5.3) (14.2) (24.3) (2.5) (2.9) (1.6) (1.4) (1.2)
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 0 0 1.8 0 0 0 8.6 0 0 0 0 0 0 0 0 0 0 (1.7) 0 0 0 6.6 0 0 0 11.6 0 0 0 (3.1) 0.1 0 0 0 0.1 (0.4) 0.5 0.1 0.1 0.0 0 0 0.1 0.1 0.2 0 0.1 0 0 0.0 0 0.1 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (6) (1) (15) (4) (6) (6) (5) (6) (6) (8.4) (8) (18) (14) (11.1) (18.4) (10.3) (7.0) (16.8) (10.6) (20.3) (10.6) (8.6) (16.6) (16.7) (8.7) (19.2) (30.3) (25.1) (35.5) (33.1) (42.9) (11.3) (0.5) (0.4) (0.4) (0.2) (0.7) (0.1) (0.6) (0.2) (0.1) (25.6) (1.1) (0.7) (11.3) (5.4) (3.8) (10.1) (4.0) (7.8) (2.9) 0.5 1.8 (14.9) (7.2) (14.2) (17.4) (10.1) 1.1 (13.7) (4.7) (0.1) (4.8) (3.3) (5.3) (5.5) 0 0 (5.5) (16.5) (3.6) (11.2) (20.5)
Sales/Maturities of Investments 6 1 13 6 6 6 5 6 6 6.5 30 18 12 12.7 14.6 11.9 5.8 17.4 12.3 19.8 10.6 7.8 14.2 4.1 24 45.4 30.7 17.8 42.9 10.0 12.4 6.0 0.5 0.4 0.4 0.1 0.7 0.0 0.7 0.2 8.1 6.5 1.3 0.3 (2.9) 3.3 2.4 5.7 3.7 4.5 3.1 3.3 28.0 14.3 1.5 3.3 17.4 4.0 5.7 7.9 1.8 0 3.9 0 0 5.8 0 0 3.7 0 0 8 1.5
Other Investing Activities 0 0 0 0 0 0 0 0 0 0 0 0 0 (1.8) 0 0 0 (8.6) 0 0 0 0.0 0 0 0 0.0 0.4 (7.3) 1.7 0.2 (30.5) (5.3) (6.6) 0.3 (0.0) (0.1) (11.6) 0.0 0.0 (0.0) 3.1 (0.0) (0.6) 0.0 12.9 (0.5) 0.1 (0.6) 2.4 (0.4) (0.6) (4.6) 2.4 (2.4) (10.7) (5.7) (2.1) (0.9) (9.6) 1.2 (1.1) (1.1) (1.7) 7.9 17.4 (1.1) (3.9) 9.1 (0.4) 14.6 1.4 (0.1) 0
Investing Cash Flow (6) (9) (11) (5) (6) (13) (14) (6) (5) (19.4) 14 (7) (9) (12.3) (11.2) (2.8) (5.9) (8.6) (1.2) (9.2) (12.1) (30.2) (31.6) (36.5) (0.3) 5.9 (18.4) (18.9) 1.7 (36.8) (38.0) (12.7) (6.6) (6.6) (5.8) (9.3) (11.6) (12.7) (8.6) (7.8) 3.1 (22.1) (2.7) (1.7) (2.6) (3.5) (3.9) (6.7) 0.7 (4.7) (2.2) (12.3) 19.4 (13.6) (21.0) (19.3) (7.6) (12.9) (6.9) (7.5) (6.3) (4) (7.9) 1.6 9.5 (6.1) (18.1) (15.2) (4.7) (4.8) (3.8) (4.7) (20.2)
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 0 100 30 70 25 0 0 0 0 0 0 0 0 0 0 0 0 104.4 (0.4) (0.4) (0.4) (0.5) (0.5) (0.5) (0.4) (0.4) (0.4) 22.5 9 5.2 3 9.5 3.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0.1 (0.1) 0 (4.6)
Stock Repurchased (4) 0 0 0 (19) (11) (15) (14) (23) (0.0) (86) (10) (35) (9.9) (6.6) (29.4) (27.4) (20.0) (11.2) (8.8) (29.7) (8.2) (30.0) (0.0) (61.2) (49.4) (114.9) (9.8) (29.0) (97.1) (0.0) (7.7) (8.6) (11.6) (1.6) (16.2) (9.3) (17.8) (9.1) (0.0) (149.0) (2.9) (4.4) (4.9) (5.1) (3.1) 0 0 0 (8.2) (13.5) 0 (2.9) (14.2) 0 0 0 0 0 0 0 0 (3.8) (0.4) (11.9) 0 0 0 (6.1) 0 0 (0.5) (2)
Dividends Paid (23) (22) (23) (22) (23) (22) (23) (23) (21) (21.2) (21) (22) (20) (19.7) (19.8) (19.9) (17.2) (94.0) (17.4) (17.4) (15.5) (15.3) (15.4) (15.5) (15.6) (11.8) (12.0) (12.4) (12.4) (8.2) (8.4) (8.4) (8.4) (47.9) (6.3) (6.3) (5.3) (5.3) (5.3) (5.3) (4.7) (1.9) (1.8) (1.8) 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
Other Financing Activities (19) 33 0 (7) (7) 23 2 (7) (39) 61.0 (3) (6) 8 11.9 (5.4) 1.5 0.8 1.0 0.8 1.3 2.8 1.4 2.1 1.9 2.4 1.1 3.5 2.7 1.1 40.6 0.5 0.8 0.4 0.4 0.3 0.5 0.3 0.3 0.9 0.4 0.3 0.1 0.0 0.1 0.0 0.0 0.0 0.1 (0.0) 0.0 0.7 0.0 0.0 0.0 0.3 0.0 0.5 0.0 (0.1) 0.1 0.0 0 0.1 0.2 (0.1) 0.1 0 0 0 (0.3) 0.1 0.4 (0.5)
Financing Cash Flow (46) 11 (23) (29) (49) (10) (36) (44) (83) 39.7 (110) (38) (47) (17.7) (31.8) (47.7) (43.9) (112.9) (27.8) (24.9) (42.4) (22.1) (43.4) (13.7) 25.6 (30.1) (53.5) 5.6 (40.3) (64.7) (7.9) (15.3) (16.6) (59.1) (7.5) (22.0) (14.3) (22.7) (13.5) (5.0) (49.0) 8.3 1.2 (6.4) (5.2) (2.9) 0.2 (0.2) (0.0) (8.5) 9.9 9.2 2.7 2.5 17.5 5.8 0.9 (1.6) 2.5 1.4 0.9 0.4 (3.5) (0.2) (11.8) 0.2 0.1 0.2 12.6 (0.1) 0.1 (0.1) 40.3
Cash Position
Net Change in Cash (107) 257 (16) (113) (498) 596 (200) 12 (57) 78.5 114 (155) (16) 195.7 49.8 (86.6) 9.1 83.8 18.8 (29.1) (52.5) 187.4 (83.3) 40.9 49.1 133.8 (97.2) (58.6) 79.1 12.7 7.1 119.9 0.4 68.3 44.0 (62.0) 17.8 62.5 (48.0) (47.3) 49.3 (31.4) 16.3 42.2 (18.9) (9.9) 55.0 (6.4) (0.3) (15.4) 36.5 (9.1) 2.0 (10.6) (12.5) 6.1 2.1 22.5 10.1 4.3 7.4 3.2 3.3 3.6 (8.1) 5.1 (10.4) (12.5) 0.7 11.9 (0.3) (3.6) 19.2
Cash at Beginning 724 688 517 846 1,344 748 948 728 1,035 957.2 843 998 1,014 818.3 564.2 816.8 807.8 724.0 705.1 734.2 786.7 599.3 682.6 641.6 592.5 458.7 555.9 614.5 535.5 522.8 515.7 395.8 395.4 285.9 241.9 303.9 286.0 223.6 271.6 318.8 269.5 140.2 123.9 81.7 94.8 104.7 49.7 56.1 56.4 71.8 35.3 44.4 42.4 53 65.5 59.3 57.2 47.2 37.2 32.8 25.5 22.3 19 15.4 23.5 18.4 28.8 41.3 40.6 28.7 29 32.6 13.4
Cash at End 617 945 501 733 846 1,344 748 740 978 1,035.7 957 843 998 1,013.9 614.0 730.3 816.8 807.8 724.0 705.1 734.2 786.7 599.3 682.6 641.6 592.5 458.7 555.9 614.5 535.5 522.8 515.7 395.8 354.3 285.9 241.9 303.9 286.0 223.6 271.6 318.8 108.8 140.2 123.9 75.9 94.8 104.7 49.7 56.1 56.4 71.8 35.3 44.4 42.4 53 65.5 59.3 69.7 47.2 37.2 32.8 25.5 22.3 19 15.4 23.5 18.4 28.8 41.3 40.6 28.7 29 32.6
Free Cash Flow (73) 246 (20) (86) (449) 606 (164) 14 26 40.6 202 (117) 33 211.8 91.8 (40.4) 54.2 196.0 45.0 (3.6) (10.1) 210.4 (37.6) 67.2 8.2 137.7 (44.1) (56.9) 112.1 100.3 45.5 (13.7) 17.0 127.2 51.6 (39.8) 32.1 85.2 (34.5) (42.3) 90.3 (20.8) 15.5 48.9 (12.4) (4.3) 56.5 (1.6) (2.5) (3.3) 27.0 (17.5) (32.9) (10.1) (13.8) 16.7 3.3 30.9 10.3 7.5 10.4 3.9 9.3 (0.7) (8.5) 5.7 (6.7) (21.7) (9.7) 13.9 1.7 (0.1) (2.1)
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 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Income Statement
Revenue 1,895 1,668 1,623 1,658 1,863 1,613 1,561 1,605 1,802 1,580.2 1,551 1,585 1,770 1,489.7 1,439.2 1,432.1 1,577.8 1,291.2 1,209.6 1,185.4 1,286.8 1,056.3 1,007.8 993.4 1,229.5 1,075.1 1,043.4 1,043.3 1,153.0 966.8 925.1 922.3 1,014.4 826.5 795.5 795.6 882.7 729.1 702.5 707.3 802.4 650.0 626.3 627.8 699.5 595.9 560.3 564.6 637.0 557.1 539.9 547.3 611.8 532.4 512.0 519.3 595.2 495.1 471.8 472.9 536.4 435.5 414.1 412.4 457.7 395.9 390.9 404.3 462.0 426.0 421.9 420.5 456.1 402.1 383.4 376.8 407.8 352.6 338.4 337.8 360.6 305.6 285.2 279.9 299.0 248.7 235.9 232.9 252.0 229.1 219.2 (2,677.3) 1,160.9 1,199.1 1,044.8 1,043.4 1,126.5 962.0 864.5 755.5
Gross Profit 291 172 195 223 310 218 229 260 345 222.1 258 225 332 241.0 244.6 239.9 285.8 170.6 198.5 199.6 251.4 167.6 185.0 220.2 234.0 161.9 170.5 173.7 226.7 161.6 166.1 154.5 199.7 142.9 140.0 130.6 159.3 110.5 117.8 113.3 150.0 97.0 106.7 104.2 129.9 101.4 100.8 95.5 106.2 90.0 97.4 97.7 108.1 93.5 98.4 87.3 103.0 89.9 87.0 83.8 91.0 80.8 73.7 71.4 72.7 61.3 71.1 72.0 83.6 87.6 85.5 84.1 86.6 84.3 75.0 78.5 68.1 74.7 71.9 68.2 68.0 67.2 58.2 56.3 54.0 51.4 47.7 48.5 50.0 58.6 46.8 52.4 36.6 46.3 41.5 27.8 46.4 40.1 31.3 20.7
Operating Income 62 (46) (25) (7) 68 (15) 1 23 108 22.3 59 16 121 50.9 52.6 48.4 98.4 14.7 39.6 35.2 83.8 7.7 28.8 73.0 85.2 27.7 34.7 38.7 85.5 32.6 48.1 33.6 64.7 23.7 29.8 22.9 53.5 14.5 22.8 16.0 53.0 10.0 19.9 12.2 23.5 13.0 14.5 3.4 16.6 6.9 17.1 10.2 22.0 20.1 19.1 9.4 23.0 16.7 14.1 11.4 15.1 12.7 12.1 8.6 3.8 (4.0) 9.6 8.6 12.9 14.5 16.9 15.6 18.0 18.1 15.8 18.3 10.0 16.9 16.3 14.0 14.4 15.4 10.6 10.9 6.9 5.4 5.1 4.5 7.2 14.3 2.7 8.2 (6.0) 9.0 4.8 (8.5) 12.9 10.6 3.5 (4.7)
Net Income 33 (33) (20) (5) 51 (9) 3 18 79 19.6 45 12 95 38.2 37.7 33.6 69.9 9.7 27.3 25.2 61.9 4.3 20.0 51.9 62.1 20.4 25.9 28.6 76.3 24.7 36.2 24.6 50.0 15.6 19.2 14.0 35.6 9.5 14.1 9.7 32.7 6.3 11.9 7.3 13.8 8.2 8.4 1.9 9.6 5.3 10.1 3.5 13.2 9.4 11.5 5.6 13.9 10.8 4.1 6.7 8.8 7.8 7.2 5.1 2.3 (2.8) 5.8 5.4 8.2 9.7 11.9 11.0 13.2 13.3 12.2 13.6 8.4 13.4 12.1 10.5 10.5 10.9 7.2 7.3 4.6 3.5 3.6 2.8 9.2 8.0 1.7 1.0 (3.2) 2.3 3.8 (4.3) 9.2 7.4 2.8 (2.5)
EPS (Diluted) 0.88 -0.88 -0.53 -0.14 1.34 -0.22 0.08 0.48 2.08 0.52 1.16 0.33 2.44 0.99 0.98 0.87 1.81 0.25 0.70 0.65 1.59 0.11 0.51 1.33 1.58 0.51 0.63 0.69 1.85 0.59 0.86 0.58 1.18 0.36 0.46 0.33 0.85 0.23 0.33 0.23 0.77 0.13 0.24 0.14 0.27 0.16 0.17 0.04 0.19 0.11 0.20 0.07 0.26 0.19 0.23 0.11 0.27 0.22 0.08 0.13 0.17 0.15 0.14 0.10 0.04 -0.06 0.12 0.11 0.17 0.20 0.23 0.22 0.26 0.26 0.23 0.25 0.15 0.25 0.22 0.19 0.19 0.20 0.13 0.14 0.09 0.07 0.07 0.05 0.17 0.15 0.03 0.02 -0.06 0.04 0.07 -0.08 0.17 0.13 0.05 -0.04
Balance Sheet
Cash & Equivalents 537 642 501 441 551 1,039 470 676 667 693 678.6 580.1 696.6 732.8 562.1 510.9 576.7 575.8 467.9 455.4 494.8 554.8 372.4 459.4 404.7 367.3 243.4 324.9 398.9 326.8 328.3 308.7 354.6 354.3 285.9 241.9 303.9 286.0 223.6 271.6 318.8 169.4 212.5 227.1 181.6 196.6 114.9 75.9 94.8 104.7 56.1 56.4 71.8 35.3 65.5 59.3 57.2 69.7 47.2 37.2 32.8 25.5 22.3 19 15.4 23.5 18.4 28.8 41.3 40.6 28.6 29 32.6 13.4 6.5
Total Assets 2,196 2,203 2,012 2,018 2,143 2,597 1,933 2,095 2,126 2,120 1,996.5 1,865.3 2,040.0 2,039.3 1,781.5 1,892.9 1,940.1 1,753.1 1,734.1 1,728.1 1,769.1 1,584.3 1,523.3 1,517.7 1,522.4 1,395.0 1,292.1 1,317.0 1,351.0 1,191.8 1,136.7 1,051.1 1,091.5 1,063.7 947.4 885.9 928.5 907.2 794.9 846.5 880.5 607.8 630.5 576.5 571.7 603.0 546.4 349.2 367.4 348.1 288.5 301.3 315.2 287.0 254.9 226.1 216.5 242.8 202.1 179.5 169.5 147.7 147.9 140.4 135.5 142.8 135.9 125.4 122.2 109.5 96 89.3 88.4 48.4 39.5
Total Debt 430 435 436 436 436 435 435 424 425 427 421.4 419.5 421.0 425.0 425.1 428.3 431.5 433.6 435.4 439.1 441.1 433.7 433.8 430.2 431.0 328.3 299.5 224.0 194.8 144.4 104.4 104.4 104.4 104.4 104.4 104.4 104.4 104.4 104.4 104.4 104.4 0 0 0 0.2 0.4 1.2 41.4 41.9 42.4 43.3 43.7 44.5 30 4 0.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4.6 4.7
Stockholders' Equity 67 46 87 112 119 97 125 142 140 94 83.1 130.5 133.4 81.3 60.5 35.1 34.0 (1.8) 97.0 87.3 73.6 44.1 40.6 44.6 (3.3) 4.1 41.0 134.9 119.2 77.7 151.9 117.9 102.8 66.3 101.9 83.7 86.4 60.5 69.6 64.9 55.4 230.1 225.0 223.2 220.0 214.5 202.7 127.4 129.4 122.6 106.0 103.9 116.3 114.9 111.3 100.0 95.9 105.5 93.2 83.2 78.9 80.5 74.6 73.9 72.9 86.9 82.2 78 75.6 63.8 60.1 57.2 56.2 13.3 10.7
Cash Flow
Operating Cash Flow (67) 255 (11) (79) (443) 619 (150) 20 31 58.2 210 (110) 40 225.7 99.2 (36.1) 58.8 205.3 47.8 5.0 2.0 239.8 (8.3) 91.1 23.8 158.1 (25.4) (45.3) 117.7 114.2 53.0 (6.3) 23.6 134.0 57.4 (30.6) 43.7 97.9 (25.9) (34.5) 95.2 (17.7) 17.8 50.3 (11.2) (3.5) 58.6 0.5 (1.0) (2.2) 28.8 (5.9) (20.2) 0.5 (9.0) 19.7 8.8 37.0 14.5 10.4 12.7 6.7 14.7 2.3 (5.9) 11 7.5 2.6 (7.2) 16.8 3.3 1.3 (0.9)
Capital Expenditure (6) (9) (9) (7) (6) (13) (14) (6) (5) (17.6) (8) (7) (7) (13.9) (7.4) (4.4) (4.7) (9.3) (2.9) (8.6) (12.1) (29.4) (29.3) (23.8) (15.6) (20.3) (18.8) (11.6) (5.6) (13.8) (7.5) (7.4) (6.6) (6.8) (5.7) (9.2) (11.6) (12.7) (8.7) (7.8) (4.9) (3.1) (2.4) (1.4) (1.3) (0.9) (2.1) (2.1) (1.5) (1.0) (1.8) (11.5) (12.7) (10.6) (4.8) (2.9) (5.5) (6.1) (4.2) (2.9) (2.3) (2.8) (5.4) (3) (2.6) (5.3) (14.2) (24.3) (2.5) (2.9) (1.6) (1.4) (1.2)
Free Cash Flow (73) 246 (20) (86) (449) 606 (164) 14 26 40.6 202 (117) 33 211.8 91.8 (40.4) 54.2 196.0 45.0 (3.6) (10.1) 210.4 (37.6) 67.2 8.2 137.7 (44.1) (56.9) 112.1 100.3 45.5 (13.7) 17.0 127.2 51.6 (39.8) 32.1 85.2 (34.5) (42.3) 90.3 (20.8) 15.5 48.9 (12.4) (4.3) 56.5 (1.6) (2.5) (3.3) 27.0 (17.5) (32.9) (10.1) (13.8) 16.7 3.3 30.9 10.3 7.5 10.4 3.9 9.3 (0.7) (8.5) 5.7 (6.7) (21.7) (9.7) 13.9 1.7 (0.1) (2.1)