| Stage | AOS | % of rev | FELE | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $941M | 100.00% | $634M | 100.00% | AOS ×1.48 |
| Gross profit | $365M | 38.78% | $224M | 35.36% | AOS +3.4pp |
| Operating income | $175M | 18.63% | $87M | 13.65% | AOS +5.0pp |
| Pre-tax income | $167M | 17.72% | $81M | 12.75% | AOS +5.0pp |
| Net income | $126M | 13.43% | $61M | 9.63% | AOS +3.8pp |
| Stage | AOS | FELE | Gap · A − B |
|---|---|---|---|
| Revenue | $941M100.00% | $634M100.00% | AOS ×1.48 |
| Gross profit | 38.78%$365M | 35.36%$224M | AOS +3.4pp |
| Operating income | 18.63%$175M | 13.65%$87M | AOS +5.0pp |
| Pre-tax income | 17.72%$167M | 12.75%$81M | AOS +5.0pp |
| Net income |
| 13.43%$126M |
| 9.63%$61M |
| AOS +3.8pp |