Universal Display Corporation logo OLED - Universal Display Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 12
HOLD 7
SELL 0
STRONG
SELL
0
| PRICE TARGET: $141.00 DETAILS
HIGH: $168.00
LOW: $120.00
MEDIAN: $135.00
CONSENSUS: $141.00
UPSIDE: 49.51%
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 142.2 172.9 139.6 171.8 166.3 162.3 161.6 158.5 165.3 158.3 141.1 146.6 130.5 169.0 160.6 136.6 150.5 146.2 143.6 129.7 134 141.5 117.1 58.0 112.3 101.7 97.5 118.2 87.8 70.1 77.5 56.1 43.6 115.9 61.7 102.5 55.6 74.6 30.2 64.4 29.7 62.3 39.4 58.1 31.2 56.2 32.9 64.1 37.8 49.5 32.8 49.4 15.0 28.1 12.5 30.0 12.6 18.7 21.8 11.3 9.6 10.8 7.1 8.4 4.2 4.9 5.1 3.0 2.8 3.6 2.6 2.1 2.7 2.9 3.1 2.3 3.0 2.5 3.1 3.0 3.3 2.3 3.4 3.0 1.5 1.7 1.7 1.5 2.1 1.9 1.3 0.9 0.5 0.2 0.3 0.2 0.2 0.1 0.1 0.0
Cost of Revenue 41.8 46.0 40.2 43.9 42.8 37.4 35.8 38.3 37.0 36.0 34.2 32.1 33.0 30.1 37.4 27.2 33.2 32.2 31.5 28.0 23.3 27.0 23.4 12.6 22.5 18.2 17.3 24.1 15.8 18.3 16.1 11.6 7.5 16.9 13.5 11.3 13.0 9.1 6.5 5.7 5.1 8.1 7.2 39.1 8.6 12.1 7.4 12.0 9.9 7.7 9.8 8.3 3.1 0.7 1.1 1.6 1.1 2.4 2.4 0.4 0.3 (1.8) 0.3 0.4 0.1 0.7 0.3 0.3 0.2 0.3 0.4 0.2 0.3 0.2 0.4 0.2 0.4 0.3 0.3 0.2 0.3 0.0 0.0 0.0 0.2 0.0 0.0 0.1 0.1 0.0 0 0 0 0 0 (0.7) (0.6) (0.2) (0.1) (0.1)
Gross Profit 100.4 127.0 99.4 127.9 123.5 124.9 125.8 120.2 128.3 122.3 106.8 114.4 97.5 138.9 123.2 109.3 117.3 114.0 112.1 101.7 110.7 114.5 93.7 45.3 89.8 83.5 80.2 94.1 72.0 51.8 61.4 44.5 36.1 98.9 48.2 91.2 42.6 65.5 23.8 58.7 24.7 54.2 32.2 19.0 22.6 44.1 25.5 52.2 27.9 41.7 23.0 41.1 11.9 27.4 11.4 28.4 11.5 16.2 19.4 10.9 9.3 12.6 6.7 8.1 4.1 4.1 4.9 2.6 2.7 3.3 2.3 1.9 2.4 2.7 2.7 2.1 2.6 2.2 2.8 2.8 3.0 2.3 3.3 3.0 1.3 1.7 1.7 1.4 2.1 1.9 0 0 0 0 0 0.9 0.8 0.3 0.3 0.1
Operating Expenses
R&D Expenses 35.2 36.9 36.3 36.4 34.3 46.3 36.1 36.8 38.0 33.6 33.1 32.3 31.4 31.9 30.4 28.2 26.5 26.9 25.3 24.1 23.3 22.2 20.8 21.4 19.5 19.8 16.8 18.8 15.8 14.8 13.6 12.9 12.4 15.0 11.6 10.7 11.8 11.2 10.1 11.0 10.5 12.6 11.4 10.6 9.9 12.5 7.9 10.5 10.2 10.1 7.9 7.3 8.9 8.0 8.2 7.2 6.7 5.9 6.1 5.6 6.6 7.7 4.8 4.7 4.5 4.5 4.9 5.3 5.2 6.3 5.8 5.1 5.2 5.3 4.6 5.5 5.5 5.1 4.4 5.4 5.0 5.3 4.7 4.6 4.6 4.1 4.0 4.3 4.3 5.4 4.2 4.3 3.8 3.9 4.1 3.3 3.1 1.3 1.5 0.9
SG&A Expenses 19.6 18.8 18.0 20.4 17.0 19.5 15.7 19.8 19.3 16.8 18.1 17.1 15.4 18.5 18.4 19.9 21.1 22.8 21.0 20.2 16.4 16.2 13.6 16.1 15.4 19.1 12.6 15.9 12.0 12.5 12.1 11.6 10.8 15.2 11.7 9.8 10.1 10.1 8.5 7.7 6.7 8.9 7.2 6.7 6.2 8.5 6.6 6.5 6.4 6.8 6.4 6.3 5.2 3.5 5.6 7.4 6.2 6.7 7.4 6.4 5.7 5.2 4.8 4.6 3.5 3.8 3.7 3.6 3.4 2.8 2.3 2.8 2.4 2.4 2.2 2.6 2.4 2.7 2.0 2.2 2.0 2.5 1.9 1.8 1.9 2.0 1.6 1.8 1.8 2.2 1.2 1.4 1.3 1.1 1.1 0.9 0.9 0.7 0.9 0.9
Other Expenses 2.4 2.4 1.9 2.6 1.9 6.6 7.1 7.1 8.2 7.1 7.2 6.4 5.3 5.4 5.8 7.9 7.5 7.8 8.1 7.5 7.4 10.4 10.9 9.0 10.4 10.1 10.0 10.7 9.8 9.2 9.7 9.1 8.4 10.8 9.1 10.2 8.6 9.4 8.2 6.0 5.0 6.1 5.1 6.1 4.8 5.9 4.9 6.2 4.7 5.4 4.5 5.7 4.9 7.6 4.0 3.0 2.1 0 1.9 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 0.1 0 0 0 0.1 0.1 0 0.1 0.2 0 0 0 0.7 0.6 0.2 0.1 0.1
Operating Expenses 57.2 58.1 56.3 59.4 53.2 72.5 58.8 63.7 65.4 57.6 58.4 55.8 52.1 55.9 54.7 56.0 55.1 57.5 54.4 51.8 47.1 48.8 45.3 46.5 45.3 49.0 39.4 45.4 37.6 36.5 35.4 33.6 31.6 41.1 32.4 30.7 30.5 30.7 26.8 24.7 22.1 27.6 23.8 23.8 20.9 27.0 19.4 23.3 21.3 22.3 18.8 19.3 19.0 19.0 17.5 15.5 13.1 12.7 13.4 12.0 12.0 12.9 10.6 10.0 8.4 8.3 8.7 8.9 8.7 9.1 8.1 7.8 7.5 7.8 6.8 8.1 7.8 7.8 6.4 7.7 7.0 7.7 6.6 6.5 6.5 6.0 5.6 6.2 6.3 7.6 5.5 5.9 5.1 4.9 5.1 4.8 4.7 2.5 2.5 2.0
Operating Income
Operating Income 43.2 68.8 43.1 68.5 70.3 52.5 67.0 56.4 62.9 64.7 48.4 58.6 45.4 83.1 68.5 53.3 62.2 56.5 57.7 49.9 63.6 65.8 48.4 (1.2) 44.5 34.5 40.8 48.7 34.4 15.3 26.0 10.9 4.5 57.9 15.8 60.5 12.1 34.8 (3.0) 34.0 2.5 26.6 8.4 (4.5) 1.8 17.1 6.1 28.8 6.6 19.4 4.2 21.7 (7.2) 8.4 (6.1) 12.9 (1.6) 3.6 5.9 (1.1) (2.7) (0.2) (3.9) (1.9) (4.2) (4.2) (3.8) (6.3) (6.0) (5.8) (5.8) (5.9) (5.1) (5.1) (4.1) (6.0) (5.2) (5.5) (3.5) (4.9) (4.0) (5.5) (3.3) (3.5) (5.2) (4.4) (3.9) (4.8) (4.2) (5.7) (4.2) (5.0) (4.6) (4.7) (4.9) (3.9) (3.8) (1.9) (2.2) (1.9)
Interest Expense 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0 0 0 0 0 0 0 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 8.7 9.8 10.0 9.8 10.1 10.6 10.6 9.9 9.6 7.9 7.1 6.2 7.0 3.5 2.4 1.6 0.3 0.2 0.1 0.1 0.1 0.7 1.0 1.3 2.1 2.5 2.7 2.8 2.8 2.5 2.1 1.8 1.3 1.0 0.9 0.8 0.7 0.5 0.6 0.7 0.3 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.3 0.3 0.4 0.4 0.4 0.4 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.3 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
Profitability
EBITDA 56.3 80.8 55.2 80.0 81.4 63.5 78.0 67.5 74.0 76.6 59.9 69.3 54.8 92.8 78.5 64.7 73.4 67.5 68.5 60.4 73.3 75.3 57.8 8.0 53.6 43.5 49.5 57.2 42.6 23.3 33.5 18.7 12.2 65.3 23.2 67.7 19.1 42.4 4.4 38.1 6.6 31.1 12.6 0.2 5.9 21.7 10.3 33.8 10.8 23.9 8.4 26.4 (2.3) 14.2 (2.1) 15.5 0.7 4.3 8.5 4.0 (11.2) (4.6) (6.4) (3.6) (2.5) (3.6) (2.9) (5.4) (4.6) (4.9) (5.0) (5.4) (4.7) (4.4) (3.3) (5.2) (4.3) (4.7) (2.7) (4.0) (3.1) (4.6) (2.4) (2.7) (4.5) (3.6) (3.1) (4.0) (3.4) (4.8) (3.2) (4.1) (2.7) (2.8) (4.2) (3.3) (3.3) (2.0) (2.1) (1.7)
EBIT 43.2 68.8 43.1 68.5 70.3 52.5 67.0 56.4 62.9 64.7 48.4 58.6 45.4 83.1 68.5 53.3 62.2 56.5 57.7 49.9 63.6 65.8 48.4 (1.2) 44.5 34.5 40.8 48.7 34.4 15.3 26.0 10.9 4.5 57.9 15.8 60.5 12.1 35.2 (3.0) 34.0 2.5 26.9 8.6 (4.3) 1.9 17.3 6.3 29.0 6.8 19.6 4.5 21.9 (6.9) 8.6 (5.8) 13.3 (1.2) 3.9 6.5 3.6 (11.6) (5.0) (7.2) (4.4) (3.4) (4.5) (3.8) (6.3) (5.6) (5.8) (5.8) (5.9) (5.1) (5.1) (4.1) (6.0) (5.2) (5.5) (3.5) (4.9) (4.0) (5.5) (3.3) (3.5) (5.2) (4.4) (3.9) (4.8) (4.2) (5.7) (4.2) (5.0) (4.6) (4.7) (4.9) (3.9) (3.8) (2.2) (2.2) (1.9)
Income Before Tax 45.3 76.7 54.1 83.9 80.1 55.3 81.4 64.9 70.5 75.6 53.9 64.1 51.6 80.6 70.1 55.0 62.5 56.5 57.8 50.2 63.8 66.7 49.7 0.3 46.9 37.0 43.6 51.8 37.5 17.8 28.1 12.7 5.7 58.8 16.7 61.3 12.7 35.4 (2.5) 32.8 2.9 26.8 8.6 (4.3) 1.9 17.2 6.2 29.0 6.8 19.6 4.4 21.9 (7.0) 8.6 (5.8) 13.2 (1.2) 3.9 6.5 3.6 (11.6) (5.0) (7.2) (4.4) (3.4) (20.6) (4.7) (6.4) (5.6) (20.1) (5.3) (5.2) (4.2) (16.8) (3.0) (5.2) (4.6) (15.7) (2.9) (4.3) (3.5) (16.2) (3.0) (3.2) (5.3) 0 0 (4.8) (4.1) 0 (4.2) (5.0) (5.6) (5.9) 0 (3.8) 0 (2.1) 0 0
Income Tax Expense 9.4 10.3 10.1 16.6 15.7 9.3 14.5 12.6 13.6 13.6 2.4 14.4 11.8 15.5 16.6 13.5 12.5 10.7 11.7 9.7 12.1 12.8 9.2 (0.6) 8.7 10.5 6.7 8.4 6.0 (1.5) 5.3 1.9 (0.2) 26.0 3.1 14.1 2.3 9.6 (1.0) 11.0 0.9 8.8 1.5 7.5 0.6 4.1 2.0 8.6 2.8 (38.3) (1.1) 6.5 (2.2) 3.2 (0.3) 2.3 0 (1.8) 0.5 0.3 0.3 0.3 0 0 (0.5) (0.1) 0 0 0 (1.0) 0 0 0 (0.8) 0 0 0 (0.5) 0 0 0 (0.4) 0 0 (0.2) (0.8) (0.2) (0.2) (0.1) 0.0 (0.1) 0.1 0 0 (0.1) 0 (0.1) (0.1) (0.1) (0.1)
Net Income 35.9 66.3 44.0 67.3 64.4 45.9 66.9 52.3 56.9 62.0 51.5 49.7 39.8 65.1 53.2 41.3 49.6 45.9 45.9 40.3 51.3 53.5 40.2 0.8 37.8 26.2 36.7 43.1 31.1 19.0 22.6 10.7 5.9 32.3 13.3 46.5 10.2 25.8 (1.5) 21.8 1.9 18.1 7.0 (11.8) 1.3 13.1 4.3 20.4 4.0 57.9 5.5 15.4 (4.8) 5.4 (5.5) 11.0 (1.2) 5.7 6.0 3.3 (11.9) (5.3) (7.2) (4.4) (3.0) (3.8) (4.7) (6.4) (5.6) (4.4) (5.3) (5.2) (4.2) (3.3) (3.0) (5.2) (4.6) (4.4) (2.9) (4.3) (3.5) (4.6) (3.0) (3.2) (5.0) (3.5) (3.7) (4.5) (4.1) (5.7) (4.1) (5.2) (5.6) (5.9) (4.8) (3.8) (3.7) (1.8) (2.2) (1.8)
Per Share Data
EPS (Basic) 0.76 1.39 0.93 1.41 1.35 0.97 1.40 1.10 1.19 1.30 1.08 1.04 0.83 1.37 1.12 0.87 1.05 0.96 0.97 0.85 1.09 1.13 0.85 0.02 0.80 0.56 0.78 0.92 0.66 0.40 0.48 0.23 0.13 0.70 0.28 0.99 0.22 0.55 -0.03 0.46 0.04 0.39 0.15 -0.25 0.03 0.29 0.09 0.44 0.09 1.26 0.12 0.34 -0.10 0.12 -0.12 0.24 -0.03 0.13 0.13 0.07 -0.31 -0.14 -0.19 -0.12 -0.08 -0.10 -0.13 -0.18 -0.15 -0.12 -0.15 -0.15 -0.12 -0.09 -0.08 -0.16 -0.15 -0.14 -0.09 -0.14 -0.12 -0.16 -0.10 -0.11 -0.18 -0.13 -0.13 -0.17 -0.16 -0.24 -0.19 -0.24 -0.31 -0.32 -0.28 -0.23 -0.23 -0.12 -0.14 -0.12
EPS (Diluted) 0.76 1.39 0.92 1.41 1.35 0.97 1.40 1.10 1.19 1.29 1.08 1.04 0.83 1.36 1.12 0.87 1.05 0.96 0.97 0.85 1.08 1.13 0.85 0.02 0.80 0.56 0.78 0.92 0.66 0.40 0.48 0.23 0.13 0.69 0.28 0.99 0.22 0.55 -0.03 0.46 0.04 0.39 0.15 -0.25 0.03 0.28 0.09 0.44 0.09 1.24 0.12 0.33 -0.10 0.12 -0.12 0.23 -0.03 0.13 0.12 -0.03 -0.31 -0.14 -0.19 -0.12 -0.08 -0.10 -0.13 -0.18 -0.15 -0.12 -0.15 -0.15 -0.12 -0.09 -0.08 -0.16 -0.15 -0.14 -0.09 -0.14 -0.12 -0.15 -0.10 -0.11 -0.18 -0.13 -0.13 -0.17 -0.16 -0.23 -0.19 -0.24 -0.31 -0.32 -0.28 -0.23 -0.23 -0.12 -0.14 -0.12
Shares Outstanding 47.1 47.6 47.6 47.6 47.6 47.5 47.5 47.5 47.6 47.6 47.6 47.6 47.5 47.4 47.4 47.4 47.4 47.3 47.3 47.3 47.3 47.2 47.2 47.2 47.1 47.0 47.0 47.0 46.9 46.9 46.9 46.9 46.8 46.8 46.8 46.7 46.7 46.9 46.9 46.9 46.8 46.7 46.5 46.4 45.8 45.9 46.2 46.3 46.2 46.0 45.9 45.9 45.8 45.8 45.6 46.0 45.7 45.6 45.3 45.0 38.9 38.1 37.7 37.4 37.0 36.8 36.5 36.4 36.3 36.1 36.0 35.9 35.8 35.3 35.0 33.1 31.5 31.2 31.2 31.0 30.0 29.0 28.6 28.2 28.0 27.8 27.4 27.3 24.7 24.0 21.7 21.4 18.2 18.4 16.9 16.7 16.4 15.4 15.0 15.0
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 1996 Q3 1996 Q2 1996 Q1 1995 Q4
Current Assets
Cash & Cash Equivalents 159.4 138.4 121.6 95.8 157.5 99.0 79.6 92.9 74.0 92.0 79.3 93.5 158.3 93.4 187.8 213.9 357.4 312.0 535.2 542.9 726.3 630.0 162.6 133.6 222.7 131.6 235.5 324.3 225.0 211.0 101.6 103.8 177.2 132.8 69.2 109.4 96.1 139.4 54.4 69.9 110.1 11.8 7.6 22.7 9.9 6.1 60.6 18.3 43.5 14.1 7.7 11.0 15.9 17.5 6.3 3.2 5.7 7.7 4.2 4.1 4.6 1.6 1.9 8.7 1.4 1.8 0.1 0.3 0.3 0.1 3.9 0.8 0.7 0.6 1.1 2 0 0
Short-Term Investments 357.1 464.0 481.4 429.4 413.8 393.7 472.0 437.7 465.3 422.1 412.4 465.7 487.8 484.3 501.1 439.4 325.1 351.2 253.8 190.5 0.7 100.0 510.0 510.5 417.0 514.5 361.5 228.4 301.5 304.3 392.0 353.7 280.1 287.4 296.3 256.1 228.9 188.6 231.5 246.3 269.5 54.3 55.5 41.2 58.2 66.1 23.1 36.6 12.2 12.8 5.9 6.1 4.7 2.8 3.8 4.2 4.0 2.7 1.9 3.4 4.1 4.3 5 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 93.6 120.0 74.2 147.0 139.6 113.6 87.7 124.4 119.6 139.8 122.2 109.4 92.7 92.7 78.2 74.9 104.9 107.6 96.2 99.6 91.3 82.3 99.3 68.5 82.6 60.5 65.8 67.0 52.1 43.1 43.2 35.6 22.8 52.4 43.3 39.7 36.3 25.0 22.5 18.0 20.9 3.9 2.4 3.3 1.8 1.8 2.5 1.1 1.1 0.8 0.6 0.9 0.7 0.6 0.4 0.3 0.3 0.3 0.2 0.1 0.0 0.3 0.3 0.1 0.2 0.1 0.1 0.1 0.2 0.1 0 0 0 0 0 0 0 0
Inventory 248.2 240.9 212.6 208.2 197.4 182.9 176.0 171.8 172.9 175.8 181.4 175.9 174.2 183.2 180.2 165.6 143.2 134.2 121.5 104.7 101.4 91.6 84.1 84.5 74.1 64.0 57.8 60.1 68.0 70 69.0 56.0 53.6 36.3 32.7 24.4 16.7 17.3 16.1 16.5 14.7 0 0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0 0 0 0 15.3 1.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 74.0 123.8 147.5 130.4 110.2 110.6 126.6 132.7 89.5 87.4 83.4 33.8 37.2 45.8 30.0 38.2 29.1 20.9 48.5 55.2 39.6 20.7 30.0 33.1 15.6 21.9 10.4 8.9 5.4 6.4 11.9 20.3 14.3 10.3 9.2 7.2 5.8 15.1 17.6 15.7 17.2 0.5 0.4 0.4 0.6 0.5 0.7 0.4 0.2 0.2 0 0 0 0.7 15.7 0.4 0 0.2 0.3 0.2 0.3 0.5 0.4 0.3 0.9 1 3.3 3.8 4.4 5.1 1.2 1 1.9 2.5 2.5 2.2 0.2 0
Total Current Assets 932.3 1,087.1 1,037.3 1,010.8 1,018.4 899.8 941.8 959.5 921.3 917.1 878.7 878.1 950.2 899.5 977.2 932.2 959.8 925.9 1,055.1 992.9 959.3 924.6 886.2 830.2 812.1 792.4 731.0 688.7 652.2 634.8 617.8 569.4 548.0 519.2 450.7 436.9 383.7 385.4 342.0 366.3 432.4 70.4 65.8 67.6 70.5 74.5 86.9 56.4 57.1 27.9 14.6 18.2 21.4 21.6 26.4 9.1 11.1 10.9 6.6 7.8 9.0 6.6 7.6 10.1 2.5 2.9 3.5 4.2 4.9 5.3 5.1 1.8 2.6 3.1 3.6 4.2 0.2 0
Non-Current Assets
Property, Plant & Equipment 213.1 234.9 232.3 224.2 216.1 215.1 213.4 208.6 199.9 200.1 200.0 187.1 175.8 174.9 165.8 166.6 161.5 159.4 119.0 113.2 107.8 110.9 96.8 92.0 88.3 87.9 86.3 83.6 80.6 69.7 67.5 62.3 58.4 56.5 49.4 38.7 28.6 27.2 25.8 22.6 22.4 10.2 10.6 11.0 11.9 12.4 13.4 2.9 3.2 3.5 4.1 4.4 4.6 5.0 4.5 4.8 4.7 4.6 4.7 4.0 4.0 3.7 1.7 0.3 0.1 0.1 (0.1) (0.1) 0.1 0.1 0 0.1 0.1 0.1 0.1 0 0 0
Goodwill 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 15.5 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
Intangible Assets 3.7 60.8 65.4 69.9 74.5 79 83.6 88.1 92.7 97.2 101.8 105.8 43.8 46.6 49.6 48.4 53.9 59.4 64.8 70.3 75.7 80.9 86.4 91.9 97.4 102.8 108.3 113.8 119.3 124.4 129.9 135.4 140.9 146.4 151.9 157.4 162.9 168.4 173.4 162.5 69.3 0.4 0.8 1.2 2.1 2.5 5.0 10.6 11.0 11.4 12.3 12.7 13.1 13.5 0 15.6 16.1 0 16.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 419.7 479.8 422.9 432.4 369.0 457.6 396.9 362.5 312.9 299.5 301.2 211.4 213.4 259.9 173.9 200.1 164.1 168.1 8.5 8.5 8.5 5 5 5 5 5 5 5 0 0 0 0 0 14.8 14.8 14.8 14.8 15.0 15.2 15.8 16.1 0 0 0 0 0 0 0 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 0
Other Non-Current Assets 231.0 6.2 96.7 96.0 89.6 86.9 87.5 75.8 78.4 80.4 76.1 72.6 73.7 78.3 105.3 99.6 96.6 105.1 133.1 114.7 106.7 94.6 103.1 96.4 89.3 86.1 90.0 79.2 75.8 64.5 39.2 40.1 2.4 0.6 0.3 0.3 0.2 0.3 0.4 0.5 0.6 0.3 0.2 0.2 0.2 0.1 0.1 2.9 3.1 3.4 4.0 1.3 0.5 0.0 15.2 0.0 0.0 16.5 0.0 0.0 0.1 0.1 0 0.2 0 0.1 0.3 0.3 0 0 0.1 0 0.1 0.1 0.1 0 0 0
Total Non-Current Assets 962.4 885.8 910.1 920.9 846.1 932.5 869.0 817.1 762.4 751.8 744.2 662.7 585.5 633.4 553.1 567.3 527.4 541.0 373.5 357.8 351.2 344.6 338.8 330.9 324.3 327.7 331.5 322.4 316.0 298.6 266.0 263.9 247.2 260.8 276.5 270.8 271.7 242.2 242.7 213.7 123.7 10.9 11.7 12.5 14.3 15.0 18.5 16.4 17.3 18.3 20.3 18.4 18.2 18.6 19.8 20.4 20.9 21.2 21.6 4.0 4.0 3.7 1.7 0.5 0.1 0.2 0.2 0.2 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0 0 0
Total Assets 1,894.7 1,972.9 1,947.5 1,931.7 1,864.5 1,832.3 1,810.9 1,776.6 1,683.7 1,669.0 1,622.9 1,540.9 1,535.7 1,532.8 1,530.3 1,499.4 1,487.2 1,466.9 1,428.6 1,350.7 1,310.5 1,269.2 1,225.0 1,161.1 1,136.4 1,120.2 1,062.5 1,011.1 968.2 933.4 883.7 833.2 795.1 780.0 727.2 707.6 655.4 627.6 584.8 580.0 556.0 81.3 77.5 80.1 84.7 89.5 105.4 72.7 74.4 46.2 34.9 36.6 39.6 40.2 46.1 29.5 31.9 32.1 28.2 11.8 13.1 10.3 9.3 10.6 2.6 3.1 3.7 4.4 5 5.4 5.2 1.9 2.8 3.3 3.8 4.2 0.2 0
Current Liabilities
Account Payables 17.0 23.3 34.7 38.5 28.3 36.6 24.7 23.6 12.8 10.9 20.6 7.3 9.7 9.5 13.4 14.0 27.1 15.0 10.9 10.3 14.7 13.8 9.6 10.2 10.4 13.3 9.2 7.7 7.0 10.5 13.3 7.9 10.4 13.8 13.8 17.8 11.1 8.1 5.5 6.4 7.3 1.7 1.6 1.3 1.5 1.3 1.2 0.3 0.4 0.4 0.8 0.3 0.4 1.2 0.2 0.3 1.0 0.8 0.9 0.5 0.7 0.7 0.3 0.7 0.3 0.2 0.2 0.2 0.2 0.3 0.1 0.1 0.2 0.1 0.1 0 0.8 0.5
Short-Term Debt 4.5 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7.1 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
Deferred Revenue 21.0 21.0 23.3 36.0 22.8 33.1 47.4 63.8 19.2 47.7 66.8 29.7 37.4 45.6 67.3 99.1 111.8 120.9 123.5 123.0 128.5 105.2 138.4 120.2 99.6 97.3 91.2 82.5 86.3 80.8 69.1 69.2 59.7 15.0 10.6 10.1 10.1 10.3 10.2 10.2 10.4 0.9 1.0 1.4 2.0 2.4 0.6 0.3 0.1 0.5 0.3 0.1 0.3 1.1 0.6 0.5 0.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 55.1 29.7 31.8 27.7 41.1 38.5 28.4 27.3 35.1 37.6 28.1 27.6 55.0 61.3 30.0 22.7 25.4 34.3 3.1 2.0 3.9 26.7 1.1 1.2 5.0 32.2 12.6 13.8 10.8 19.6 0.0 0.0 0.0 21.0 1.2 1.1 2.0 12.8 1.7 0.4 0.8 4.0 6.2 6.0 6.1 6.1 7.2 1.5 1.3 1.3 1.2 1.2 1.1 0 0.3 0.2 0.2 0.9 0 0.3 0.2 0.2 0 0 0 0.3 0 0 0 0 0 0 0 0 0 0 0.4 0.1
Total Current Liabilities 97.8 108.0 108.6 125.6 113.1 125.4 131.2 152.0 95.0 118.8 131.3 80.7 115.0 135.7 138.2 155.2 178.3 187.9 180.3 162.6 166.3 165.0 182.8 162.7 136.6 161.5 148.4 139.7 131.6 133.2 114.3 101.5 99.2 63.8 46.3 41.4 33.2 40.2 30.6 27.7 25.1 11.0 12.3 14.0 13.6 13.3 12.7 4.5 3.5 4.2 3.3 2.5 2.9 3.1 8.3 1.0 1.7 1.7 0.9 0.8 0.9 0.9 0.3 0.7 0.3 0.5 0.2 0.2 0.2 0.3 0.1 0.1 0.2 0.1 0.1 0 1.2 0.6
Non-Current Liabilities
Long-Term Debt 0 19.2 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0.0 0.0 0.0 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 Tax Liabilities 0 9.1 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 73.7 54.4 72.1 71.5 70.9 70.7 70.5 70.0 68.6 68.1 77.0 75.8 75.3 74.4 128.7 123.7 119.6 115.6 168.6 150.4 142.1 127.6 110.9 107.3 103.3 99.7 77.1 75.7 78.8 68.0 53.3 52.7 33.8 33.2 32.2 31.2 28.1 27.6 24.9 24.3 24.5 14.5 6.3 6.5 5.9 5.8 3.1 3.1 3.1 3.1 3.1 3.1 3.1 0 0 0 0 0.6 0 0 0 0 0 0 0 0 0.1 0 0 0 0 0 0 0 0 0 (0.1) 0
Total Non-Current Liabilities 93.0 103.8 94.0 91.5 92.1 90.4 93.0 97.7 103.8 102.9 109.2 121.4 121.3 121.8 180.3 178.9 177.7 179.1 212.0 196.5 191.7 191.6 162.6 158.6 153.1 147.2 127.6 120.3 120.4 109.7 94.0 81.0 53.3 57.1 57.9 58.4 57.1 58.9 58.3 58.4 60 14.5 6.3 6.5 6.1 6.1 3.1 3.1 3.1 3.1 3.1 3.1 3.1 0.0 0.0 0.0 0.0 0.6 0.0 0.0 0.0 0.0 0 0 0 0 0.1 0 0 0 0 0 0 0 0 0 (0.1) 0
Total Liabilities 190.7 211.8 202.6 217.1 205.2 215.8 224.1 249.7 198.8 221.7 240.6 202.1 236.2 257.5 318.5 334.1 355.9 367.0 392.3 359.1 358.0 356.5 345.3 321.3 289.7 308.7 276.0 260.0 252.0 242.9 208.2 182.6 152.5 120.9 104.2 99.8 90.3 99.1 88.9 86.1 85.2 25.5 18.6 20.5 19.7 19.4 15.8 7.6 6.6 7.3 6.4 5.6 6.0 3.1 8.3 1.0 1.7 2.3 0.9 0.8 0.9 0.9 0.3 0.7 0.3 0.5 0.3 0.2 0.2 0.3 0.1 0.1 0.2 0.1 0.1 0 1.1 0.6
Stockholders' Equity
Common Stock 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.4 0.4 0.4 0.4 0.4 0.4 0.3 0.3 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.1 0.1 0.1 0.1 0 0.1 0 0 0 0 0 0 0 0 0 0 0 0
Retained Earnings 1,102.5 1,090.5 1,045.6 1,023.2 977.6 934.7 907.8 860.1 826.9 789.6 744.2 709.4 676.3 653.3 602.4 563.2 535.9 500.2 463.8 427.2 396.1 353.9 307.1 273.8 280.1 249.0 227.3 195.0 156.3 129.6 112.3 92.3 84.4 99.1 67.7 55.6 9.8 (25.6) (51.4) (49.9) (71.7) (204.5) (200.1) (197.1) (188.6) (182.2) (158.1) (107.1) (102.6) (98.5) (80.0) (83.9) (80.1) (73.0) (39.4) (36.8) (32.0) (28.2) (24.5) (22.7) (20.5) (18.7) (16.8) (15.8) (14.2) (13.6) (12.5) (11.7) (11.1) (10.8) (7) (6.3) (5.5) (4.9) (4.3) (3.8) (3.4) (3.1)
Accumulated Other Comprehensive Income (2.6) 0.8 0.9 0.2 0.3 (1.1) 2.6 (4.7) (3.8) (1.1) (15.0) (16.3) (15.5) (18.5) (24.6) (23.2) (21.9) (18.2) (32.8) (33.8) (35.0) (36.0) (14.8) (14.8) (14.5) (17.0) (14.1) (14.8) (15.5) (16.2) (10.0) (10.5) (11.0) (11.5) (11.5) (11.6) (10.4) (10.7) (9.6) (9.7) (10.5) (5.5) (0.0) 0.0 0.1 0.1 (0.0) (0.3) (0.3) (0.0) (0.0) (0.0) (0.0) (0.0) 0.0 (1.2) (0.9) (0.7) (0.6) (0.4) (0.3) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) 0 0 0 0 0 0 0 0 0 0
Total Stockholders' Equity 1,704.0 1,761.0 1,744.8 1,714.6 1,659.3 1,616.5 1,586.8 1,526.8 1,484.9 1,447.2 1,382.4 1,338.8 1,299.5 1,275.4 1,211.8 1,165.3 1,131.3 1,099.9 1,036.3 991.6 952.5 912.7 879.6 839.8 846.7 811.4 786.6 751.0 716.2 690.5 675.5 650.7 642.6 659.1 623.0 607.8 565.2 528.5 495.8 493.9 470.9 55.8 58.9 59.6 65.0 70.1 89.6 65.1 67.7 38.9 28.5 31.0 33.7 37.1 37.9 28.5 30.3 29.8 27.3 11.0 12.2 9.4 9 9.9 2.3 2.6 3.4 4.2 4.8 5.1 5.1 1.8 2.6 3.2 3.7 4.2 (0.9) (0.6)
Total Liabilities & Equity 1,894.7 1,972.9 1,947.5 1,931.7 1,864.5 1,832.3 1,810.9 1,776.6 1,683.7 1,669.0 1,622.9 1,540.9 1,535.7 1,532.8 1,530.3 1,499.4 1,487.2 1,466.9 1,428.6 1,350.7 1,310.5 1,269.2 1,225.0 1,161.1 1,136.4 1,120.2 1,062.5 1,011.1 968.2 933.4 883.7 833.2 795.1 780.0 727.2 707.6 655.4 627.6 584.8 580.0 556.0 81.3 77.5 80.1 84.7 89.5 105.4 72.7 74.4 46.2 34.9 36.6 39.6 40.2 46.1 29.5 31.9 32.1 28.2 11.8 13.1 10.3 9.3 10.6 2.6 3.1 3.7 4.4 5 5.4 5.2 1.9 2.8 3.3 3.8 4.2 0.2 0
Debt Metrics
Total Debt 22.1 43.2 20.4 17.8 18.8 19.1 20.1 21.0 21.9 22.9 23.4 27.2 28.2 29.0 24.8 25.2 26.3 27.3 0 0 0 6.9 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 0.0 0.0 0.0 0.0 0.0 0.0 7.1 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
Net Debt (137.2) (95.2) (101.3) (78.0) (138.7) (79.8) (59.4) (71.8) (52.1) (69.1) (55.9) (66.3) (130.1) (64.4) (162.9) (188.7) (331.1) (284.7) (535.2) (542.9) (726.3) (623.1) (162.6) (133.6) (222.7) (131.6) (235.5) (324.3) (225.0) (211.0) (101.6) (103.8) (177.2) (132.8) (69.2) (109.4) (96.1) (139.4) (54.4) (69.9) (110.1) (11.8) (7.6) (22.7) (9.9) (6.1) (60.6) (18.3) (43.5) (14.1) (7.7) (11.0) (15.9) (17.5) 0.9 (3.2) (5.7) (7.7) (4.2) (4.1) (4.6) (1.5) (1.9) (8.7) (1.4) (1.8) (0.1) (0.3) (0.3) (0.1) (3.9) (0.8) (0.7) (0.6) (1.1) (2) 0 0
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 1996 Q4 1996 Q3 1996 Q2 1996 Q1
Operating Activities
Net Income 35.9 66.3 44.0 67.3 64.4 46.3 66.9 52.2 56.7 62.0 51.5 49.7 39.8 65.1 53.5 41.5 50.0 45.9 46.1 40.5 51.7 53.9 40.5 0.8 38.2 26.4 37.0 43.4 31.5 19.2 22.8 10.8 6.0 32.8 13.5 47.2 10.4 25.8 (1.5) 21.8 1.9 (3.0) (3.2) (5.0) (4.5) (4.1) (5.7) (3.7) (4.1) (3.9) (5.2) (15.0) (5.6) (5.3) (5.9) (1.9) (4.8) (3.7) (1.8) (2.2) (1.8) (1.8) (1) (1.7) (0.6) (1.1) (0.7) (0.7) (0.3) (3.8) (0.7) (0.8) (0.6) (0.5) (0.5) (0.5) (0.3)
Depreciation & Amortization 13.2 12.0 12.1 11.4 11.1 11.0 10.9 11.0 11.2 11.8 11.5 10.7 9.4 9.7 10.0 11.4 11.1 11.0 10.7 10.5 9.8 9.6 9.4 9.2 9.1 9.0 8.7 8.5 8.2 8.0 7.2 7.7 7.7 6.8 6.7 6.7 6.7 6.7 6.6 3.8 3.7 0.9 0.8 0.7 0.7 0.8 1.0 1.0 0.9 0.9 0.9 11.9 1.9 1.9 1.9 1.2 0.7 0.6 0.2 0.1 0.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Stock-Based Compensation 7.6 0 6.5 9.3 7.1 6.2 5.3 9.3 9.2 5.5 7.3 6.9 4.4 6.3 8.6 8.5 6.5 12.4 8.6 9.8 5.5 7.3 7.3 7.6 6.0 5.9 3.8 3.9 4.1 3.9 4.8 4.5 3.7 4.5 3.6 2.9 3.9 3.6 3.2 3.1 3.2 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 0 0
Change in Working Capital 50.7 (50.4) 32.7 (34.0) (47.9) (28.7) 3.5 (0.8) 0.8 (29.5) (28.7) (48.0) 2.7 (263.9) 47.4 (27.6) 49.3 46.3 58.7 18.6 16.8 74.8 41.8 27.9 (8.0) 51.2 42.9 27.6 17.8 39.2 36.5 (14.2) 33.9 4.0 (6.7) (6.5) (18.4) 11.4 (3.0) 3.5 (7.2) 2.6 (0.6) 1.3 0.7 (0.3) 1.1 (0.3) 0.8 (0.4) 3.1 0.4 (0.3) 0.4 1.1 (0.1) (0.9) 0.4 (0.1) (0.0) 0.4 0.5 (0.5) 0.5 (0.2) 0.3 (0.2) 0.3 (0.2) 5 3.3 (0.7) 0.1 (0.5) 0.3 (1.5) 0.6
Other Non-Cash Items 1.6 5.2 (3.7) (0.6) (1.0) 6.1 (1.2) (1.4) (1.9) (1.4) (1.6) (2.6) (2.8) 204.4 (75.8) 0.6 (62.9) (56.3) (51.7) (50.7) (54.8) (70.4) (53.3) (18.0) (40.5) (33.2) (37.1) (33.0) (27.0) (14.8) (22.8) (16.9) (12.4) (3.6) (2.0) (1.6) (2.0) (5.9) (1.2) (1.1) (1.3) 0.6 2.2 1.8 1.1 1.6 2.4 1.7 1.3 1.0 1.8 1.3 1.4 1.5 1.7 (0.9) 1.9 1.3 0 0.0 0 0.1 0.1 0.4 0 0.3 0.1 0 0 (1.7) (3.2) 0.7 0 0.4 (0.1) 0.5 (0.3)
Operating Cash Flow 108.9 31.1 97.2 51.9 30.6 34.7 79.9 67.0 72.2 37.1 60.3 9.8 47.6 2.6 38.0 33.5 52.6 56.8 75.2 29.6 29.5 73.0 43.8 26.3 5.7 56.2 53.9 49.8 34.0 26.8 45.0 11.1 38.8 62.1 14.6 55.0 1.6 40.0 4.1 36.0 0.2 1.1 (0.8) (1.2) (2.0) (1.9) (1.3) (1.2) (1.0) (2.3) 0.7 (1.4) (2.6) (1.5) (1.2) (1.7) (3.0) (1.5) (1.7) (2.0) (1.3) (1.3) (1.4) (0.8) (0.8) (0.5) (0.8) (0.4) (0.5) (0.5) (0.6) (0.8) (0.5) (0.6) (0.3) (1.5) 0.2
Investing Activities
Capital Expenditure (8.6) (16.1) (12.8) (14.5) (13.1) (12.7) (13.6) (9.1) (7.2) (7.6) (25.4) (84.2) (9.1) (11.3) (14.5) (10.6) (10.8) (13.7) (8.8) (10.8) (10.2) (8.8) (7.4) (7.0) (4.8) (4.7) (5.0) (7.0) (13.7) (4.5) (7.5) (4.7) (8.7) (6.6) (13.5) (9.1) (0.6) (2.9) (2.2) (97.7) (0.5) (0.7) (1.2) (1.5) (0.0) (0.0) (0.0) (0.4) (0.2) (0.3) (0.1) (0.1) (0.2) (0.8) (1.1) (0.1) (0.3) (0.1) (0.6) (0.1) (0.3) (1.6) (1.3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Acquisitions 0 0 0 0 0 0 0 0 0 (66.6) 0.5 66.0 0.1 (0.1) 40.3 0 0.0 0 0 0 0.3 0 0 0.0 0 0 0 0 0.4 0 0 0 0 0 0 0 0 (0.2) (0.0) 96.0 0 0 0 0 0 0.0 0 0 0 0 0 0 0 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 (116.0) (55.9) (127.6) (153.2) (38.8) (256.9) (163.2) (74.8) (99.9) (228.1) (188.0) (49.8) (65.2) (237.2) (176.8) (263.0) (24.9) (369.8) (78.4) (189.7) (4.2) 0 (199.9) (255.6) (148.6) (283.8) (284.4) (198.1) (165.5) (127.8) (240.3) (137.3) (123.4) (138.0) (201.0) (85.1) (170.1) (70.0) (55.0) (131.3) (193.9) (7.4) (3.1) (4.0) (29.1) (2.8) (10.7) (1.1) (4.3) (3.1) (3.8) (0.6) (1.1) (1.4) (2.4) (0.5) (2.4) (1.2) (0.5) (0.3) (1.5) (3.1) (3.7) 0 0 0 0 0 0 0 0 0 0 0 (0.4) 0 0
Sales/Maturities of Investments 174.5 121.5 90 75 110 272.3 103.1 54.6 43.0 227.8 155.5 75.9 115.0 165.6 141.3 111.3 50.2 112.7 15.2 0 100 410.1 200.6 162.4 250.4 133.1 152.8 267.8 170.1 217.5 203.8 65.3 146.5 147.5 161.7 58.7 130.6 113.8 70.7 155.4 208.6 3.9 16.9 7.9 5.0 3.6 3.6 1.8 1.8 0.9 1.5 0.8 2.7 1.4 1.7 0.9 2.2 0.3 2.0 1.0 1.6 3.7 (0.2) 0 0 2.7 0.5 0.4 0.7 1.6 (0.2) 0.9 0.6 0 0 0 0
Other Investing Activities (40) 0 0 0 0 0 0 0 0 66.6 (0.5) (66.0) (0.1) 0.1 (40.3) 0 (0.0) 0 0 0 (0.3) 410.1 0.6 (0.0) 101.8 (150.8) (131.7) 69.6 (0.4) 89.7 (36.4) (72.0) 23.2 9.5 (39.4) (26.4) (39.5) 43.8 (33.1) (96.0) 14.6 0 0 0 0 (0.0) 0 0 0 0 0 15.1 0.0 0.0 (15.2) 0 0 0 (0.0) 0 0 0.1 (0.2) (0.7) 0 (0.3) 0 0 0 (5) 0 0 0 0.1 (0.2) (2) 0
Investing Cash Flow 9.9 39.5 (50.5) (92.7) 58.2 2.7 (73.7) (29.3) (64.2) (7.9) (57.9) (58.2) 40.7 (83.0) (50.0) (162.3) 14.6 (270.8) (72.0) (200.6) 85.5 401.3 (6.8) (100.3) 97.0 (155.5) (136.7) 62.6 (9.1) 85.2 (43.9) (76.7) 14.4 2.9 (52.9) (35.5) (40.1) 40.6 (19.7) (73.5) 14.1 (4.2) 12.6 2.4 (24.2) 0.8 (7.1) 0.3 (2.7) (2.6) (2.4) 15.2 1.5 (0.9) (16.9) 0.3 (0.5) (0.9) 0.9 0.5 (0.2) (0.9) (5.4) (0.7) 0 2.4 0.5 0.4 0.7 (3.4) (0.2) 0.9 0.6 0.1 (0.6) (2) 0
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 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) (0.4) (8.4) (0.0) (0.0) 8.0 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
Stock Repurchased (67.1) (32.9) 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 (0.6) 0 0 0 (0.5) 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 0 0 0 0
Dividends Paid (23.5) (21.3) (21.4) (21.4) (21.4) (18.3) (19.2) (19.2) (19.5) (16.7) (16.7) (16.7) (16.8) (14.3) (14.2) (14.2) (14.2) (9.5) (9.5) (9.5) (9.5) (7.1) (7.1) (7.1) (7.1) (4.7) (4.7) (4.7) (4.7) (2.8) (2.8) (2.8) (2.8) (1.4) (1.4) (1.4) (1.4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 (7.7) (0.1) (0.0) (0.0) (9.4) (0.1) (0.9) (0.3) (7.1) (0.3) (0.5) (0.2) (7.2) (0.1) (0.3) (0.9) (7.9) (0.1) (1.9) (3.4) (9.6) (0.1) (1.1) (8.3) (4.8) (0.1) (1.4) (8.7) (5.8) (0.0) (0.6) (5.2) (5.8) (0.1) (0.8) (5.0) (3.5) 4.2 (0.0) (2.8) (1.9) 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 3.9 0 0 0 0 5.5 0
Financing Cash Flow (97.7) (53.9) (20.9) (20.9) (30.2) (18.0) (19.5) (18.9) (25.9) (16.5) (16.6) (16.4) (23.4) (14.0) (14.2) (14.8) (21.7) (9.2) (11.0) (12.4) (18.8) (6.9) (8.0) (15.1) (11.7) (4.5) (5.9) (13.2) (10.9) (2.7) (3.2) (7.8) (8.9) (1.3) (2.1) (6.2) (4.8) 4.3 0.1 (2.7) (1.8) 1.4 0.8 0.0 0.9 30.6 0.8 14.9 0.3 0.0 0.1 (0.8) 0.0 (0.0) 4.6 19.6 1.0 5.9 0.9 1.0 4.4 1.8 0 8.9 0.3 0 0 0 0 0.1 3.9 0 0 0 0 5.5 0
Cash Position
Net Change in Cash 21.0 16.7 25.8 (61.7) 58.5 19.4 (13.3) 18.8 (18.0) 12.7 (14.1) (64.8) 64.9 (94.3) (26.1) (143.5) 45.4 (223.2) (7.8) (183.4) 96.3 467.4 29.1 (89.2) 91.1 (103.9) (88.7) 99.2 14.0 109.4 (2.1) (73.4) 44.3 63.7 (40.3) 13.3 (43.2) 84.9 (15.5) (40.2) 12.6 (1.7) 12.6 1.2 (25.3) 29.5 (7.6) 14.0 (3.4) (4.9) (1.6) 13.1 (1.1) (2.4) (13.5) 18.2 (2.6) 3.5 0.2 (0.5) 3.0 (0.3) (6.8) 7.4 (0.5) 1.9 (0.6) 0 0.2 (3.8) 3.1 0.1 0.1 (0.5) (0.9) 2 0.2
Cash at Beginning 138.4 121.6 95.8 157.5 99.0 79.6 92.9 74.0 92.0 79.3 93.5 158.3 93.4 187.8 213.9 357.4 312.0 535.2 542.9 726.3 630.0 162.6 133.6 222.7 131.6 235.5 324.3 225.0 211.0 101.6 103.8 177.2 132.8 69.2 109.4 96.1 139.4 54.4 69.9 110.1 97.5 32.8 20.2 18.9 43.5 14.1 21.7 7.7 11.0 15.9 17.5 4.4 5.5 7.9 21.4 3.2 5.7 4.2 4.1 4.6 1.6 1.9 8.7 1.3 1.8 0 0.3 0 0.1 0 0 0 0.6 0 0 0 0
Cash at End 159.4 138.4 121.6 95.8 157.5 99.0 79.6 92.9 74.0 92.0 79.3 93.5 158.3 93.4 187.8 213.9 357.4 312.0 535.2 542.9 726.3 630.0 162.6 133.6 222.7 131.6 235.5 324.3 225.0 211.0 101.6 103.8 177.2 132.8 69.2 109.4 96.1 139.4 54.4 69.9 110.1 31.1 32.8 20.2 18.3 43.5 14.1 21.7 7.7 11.0 15.9 17.5 4.4 5.5 7.9 21.4 3.2 7.7 4.2 4.1 4.6 1.6 1.9 8.7 1.3 1.9 (0.3) 0 0.3 (3.8) 3.1 0.1 0.7 (0.5) (0.9) 2 0.2
Free Cash Flow 100.3 15.1 84.3 37.5 17.5 22.0 66.2 57.9 65.0 29.5 34.9 (74.4) 38.5 (8.7) 23.5 22.9 41.8 43.1 66.4 18.8 19.3 64.2 36.4 19.2 1.0 51.4 48.9 42.8 20.4 22.4 37.5 6.5 30.1 55.5 1.1 45.9 1.0 37.1 1.9 (61.7) (0.3) 0.4 (2.0) (2.7) (2.0) (1.9) (1.3) (1.6) (1.2) (2.7) 0.6 (1.4) (2.8) (2.3) (2.3) (1.7) (3.3) (1.6) (2.3) (2.2) (1.6) (2.9) (2.7) (0.8) (0.8) (0.5) (0.8) (0.4) (0.5) (0.5) (0.6) (0.8) (0.5) (0.6) (0.3) (1.5) 0.2
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 142.2 172.9 139.6 171.8 166.3 162.3 161.6 158.5 165.3 158.3 141.1 146.6 130.5 169.0 160.6 136.6 150.5 146.2 143.6 129.7 134 141.5 117.1 58.0 112.3 101.7 97.5 118.2 87.8 70.1 77.5 56.1 43.6 115.9 61.7 102.5 55.6 74.6 30.2 64.4 29.7 62.3 39.4 58.1 31.2 56.2 32.9 64.1 37.8 49.5 32.8 49.4 15.0 28.1 12.5 30.0 12.6 18.7 21.8 11.3 9.6 10.8 7.1 8.4 4.2 4.9 5.1 3.0 2.8 3.6 2.6 2.1 2.7 2.9 3.1 2.3 3.0 2.5 3.1 3.0 3.3 2.3 3.4 3.0 1.5 1.7 1.7 1.5 2.1 1.9 1.3 0.9 0.5 0.2 0.3 0.2 0.2 0.1 0.1 0.0
Gross Profit 100.4 127.0 99.4 127.9 123.5 124.9 125.8 120.2 128.3 122.3 106.8 114.4 97.5 138.9 123.2 109.3 117.3 114.0 112.1 101.7 110.7 114.5 93.7 45.3 89.8 83.5 80.2 94.1 72.0 51.8 61.4 44.5 36.1 98.9 48.2 91.2 42.6 65.5 23.8 58.7 24.7 54.2 32.2 19.0 22.6 44.1 25.5 52.2 27.9 41.7 23.0 41.1 11.9 27.4 11.4 28.4 11.5 16.2 19.4 10.9 9.3 12.6 6.7 8.1 4.1 4.1 4.9 2.6 2.7 3.3 2.3 1.9 2.4 2.7 2.7 2.1 2.6 2.2 2.8 2.8 3.0 2.3 3.3 3.0 1.3 1.7 1.7 1.4 2.1 1.9 0 0 0 0 0 0.9 0.8 0.3 0.3 0.1
Operating Income 43.2 68.8 43.1 68.5 70.3 52.5 67.0 56.4 62.9 64.7 48.4 58.6 45.4 83.1 68.5 53.3 62.2 56.5 57.7 49.9 63.6 65.8 48.4 (1.2) 44.5 34.5 40.8 48.7 34.4 15.3 26.0 10.9 4.5 57.9 15.8 60.5 12.1 34.8 (3.0) 34.0 2.5 26.6 8.4 (4.5) 1.8 17.1 6.1 28.8 6.6 19.4 4.2 21.7 (7.2) 8.4 (6.1) 12.9 (1.6) 3.6 5.9 (1.1) (2.7) (0.2) (3.9) (1.9) (4.2) (4.2) (3.8) (6.3) (6.0) (5.8) (5.8) (5.9) (5.1) (5.1) (4.1) (6.0) (5.2) (5.5) (3.5) (4.9) (4.0) (5.5) (3.3) (3.5) (5.2) (4.4) (3.9) (4.8) (4.2) (5.7) (4.2) (5.0) (4.6) (4.7) (4.9) (3.9) (3.8) (1.9) (2.2) (1.9)
Net Income 35.9 66.3 44.0 67.3 64.4 45.9 66.9 52.3 56.9 62.0 51.5 49.7 39.8 65.1 53.2 41.3 49.6 45.9 45.9 40.3 51.3 53.5 40.2 0.8 37.8 26.2 36.7 43.1 31.1 19.0 22.6 10.7 5.9 32.3 13.3 46.5 10.2 25.8 (1.5) 21.8 1.9 18.1 7.0 (11.8) 1.3 13.1 4.3 20.4 4.0 57.9 5.5 15.4 (4.8) 5.4 (5.5) 11.0 (1.2) 5.7 6.0 3.3 (11.9) (5.3) (7.2) (4.4) (3.0) (3.8) (4.7) (6.4) (5.6) (4.4) (5.3) (5.2) (4.2) (3.3) (3.0) (5.2) (4.6) (4.4) (2.9) (4.3) (3.5) (4.6) (3.0) (3.2) (5.0) (3.5) (3.7) (4.5) (4.1) (5.7) (4.1) (5.2) (5.6) (5.9) (4.8) (3.8) (3.7) (1.8) (2.2) (1.8)
EPS (Diluted) 0.76 1.39 0.92 1.41 1.35 0.97 1.40 1.10 1.19 1.29 1.08 1.04 0.83 1.36 1.12 0.87 1.05 0.96 0.97 0.85 1.08 1.13 0.85 0.02 0.80 0.56 0.78 0.92 0.66 0.40 0.48 0.23 0.13 0.69 0.28 0.99 0.22 0.55 -0.03 0.46 0.04 0.39 0.15 -0.25 0.03 0.28 0.09 0.44 0.09 1.24 0.12 0.33 -0.10 0.12 -0.12 0.23 -0.03 0.13 0.12 -0.03 -0.31 -0.14 -0.19 -0.12 -0.08 -0.10 -0.13 -0.18 -0.15 -0.12 -0.15 -0.15 -0.12 -0.09 -0.08 -0.16 -0.15 -0.14 -0.09 -0.14 -0.12 -0.15 -0.10 -0.11 -0.18 -0.13 -0.13 -0.17 -0.16 -0.23 -0.19 -0.24 -0.31 -0.32 -0.28 -0.23 -0.23 -0.12 -0.14 -0.12
Balance Sheet
Cash & Equivalents 159.4 138.4 121.6 95.8 157.5 99.0 79.6 92.9 74.0 92.0 79.3 93.5 158.3 93.4 187.8 213.9 357.4 312.0 535.2 542.9 726.3 630.0 162.6 133.6 222.7 131.6 235.5 324.3 225.0 211.0 101.6 103.8 177.2 132.8 69.2 109.4 96.1 139.4 54.4 69.9 110.1 11.8 7.6 22.7 9.9 6.1 60.6 18.3 43.5 14.1 7.7 11.0 15.9 17.5 6.3 3.2 5.7 7.7 4.2 4.1 4.6 1.6 1.9 8.7 1.4 1.8 0.1 0.3 0.3 0.1 3.9 0.8 0.7 0.6 1.1 2 0 0
Total Assets 1,894.7 1,972.9 1,947.5 1,931.7 1,864.5 1,832.3 1,810.9 1,776.6 1,683.7 1,669.0 1,622.9 1,540.9 1,535.7 1,532.8 1,530.3 1,499.4 1,487.2 1,466.9 1,428.6 1,350.7 1,310.5 1,269.2 1,225.0 1,161.1 1,136.4 1,120.2 1,062.5 1,011.1 968.2 933.4 883.7 833.2 795.1 780.0 727.2 707.6 655.4 627.6 584.8 580.0 556.0 81.3 77.5 80.1 84.7 89.5 105.4 72.7 74.4 46.2 34.9 36.6 39.6 40.2 46.1 29.5 31.9 32.1 28.2 11.8 13.1 10.3 9.3 10.6 2.6 3.1 3.7 4.4 5 5.4 5.2 1.9 2.8 3.3 3.8 4.2 0.2 0
Total Debt 22.1 43.2 20.4 17.8 18.8 19.1 20.1 21.0 21.9 22.9 23.4 27.2 28.2 29.0 24.8 25.2 26.3 27.3 0 0 0 6.9 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 0.0 0.0 0.0 0.0 0.0 0.0 7.1 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
Stockholders' Equity 1,704.0 1,761.0 1,744.8 1,714.6 1,659.3 1,616.5 1,586.8 1,526.8 1,484.9 1,447.2 1,382.4 1,338.8 1,299.5 1,275.4 1,211.8 1,165.3 1,131.3 1,099.9 1,036.3 991.6 952.5 912.7 879.6 839.8 846.7 811.4 786.6 751.0 716.2 690.5 675.5 650.7 642.6 659.1 623.0 607.8 565.2 528.5 495.8 493.9 470.9 55.8 58.9 59.6 65.0 70.1 89.6 65.1 67.7 38.9 28.5 31.0 33.7 37.1 37.9 28.5 30.3 29.8 27.3 11.0 12.2 9.4 9 9.9 2.3 2.6 3.4 4.2 4.8 5.1 5.1 1.8 2.6 3.2 3.7 4.2 (0.9) (0.6)
Cash Flow
Operating Cash Flow 108.9 31.1 97.2 51.9 30.6 34.7 79.9 67.0 72.2 37.1 60.3 9.8 47.6 2.6 38.0 33.5 52.6 56.8 75.2 29.6 29.5 73.0 43.8 26.3 5.7 56.2 53.9 49.8 34.0 26.8 45.0 11.1 38.8 62.1 14.6 55.0 1.6 40.0 4.1 36.0 0.2 1.1 (0.8) (1.2) (2.0) (1.9) (1.3) (1.2) (1.0) (2.3) 0.7 (1.4) (2.6) (1.5) (1.2) (1.7) (3.0) (1.5) (1.7) (2.0) (1.3) (1.3) (1.4) (0.8) (0.8) (0.5) (0.8) (0.4) (0.5) (0.5) (0.6) (0.8) (0.5) (0.6) (0.3) (1.5) 0.2
Capital Expenditure (8.6) (16.1) (12.8) (14.5) (13.1) (12.7) (13.6) (9.1) (7.2) (7.6) (25.4) (84.2) (9.1) (11.3) (14.5) (10.6) (10.8) (13.7) (8.8) (10.8) (10.2) (8.8) (7.4) (7.0) (4.8) (4.7) (5.0) (7.0) (13.7) (4.5) (7.5) (4.7) (8.7) (6.6) (13.5) (9.1) (0.6) (2.9) (2.2) (97.7) (0.5) (0.7) (1.2) (1.5) (0.0) (0.0) (0.0) (0.4) (0.2) (0.3) (0.1) (0.1) (0.2) (0.8) (1.1) (0.1) (0.3) (0.1) (0.6) (0.1) (0.3) (1.6) (1.3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Free Cash Flow 100.3 15.1 84.3 37.5 17.5 22.0 66.2 57.9 65.0 29.5 34.9 (74.4) 38.5 (8.7) 23.5 22.9 41.8 43.1 66.4 18.8 19.3 64.2 36.4 19.2 1.0 51.4 48.9 42.8 20.4 22.4 37.5 6.5 30.1 55.5 1.1 45.9 1.0 37.1 1.9 (61.7) (0.3) 0.4 (2.0) (2.7) (2.0) (1.9) (1.3) (1.6) (1.2) (2.7) 0.6 (1.4) (2.8) (2.3) (2.3) (1.7) (3.3) (1.6) (2.3) (2.2) (1.6) (2.9) (2.7) (0.8) (0.8) (0.5) (0.8) (0.4) (0.5) (0.5) (0.6) (0.8) (0.5) (0.6) (0.3) (1.5) 0.2