| Stage | WTS | % of rev | BMI | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $763M | 100.00% | $236M | 100.00% | WTS ×3.23 |
| Gross profit | $374M | 49.02% | $99M | 41.90% | WTS +7.1pp |
| Operating income | $154M | 20.18% | $48M | 20.23% | BMI +0.1pp |
| Pre-tax income | $154M | 20.14% | $48M | 20.33% | BMI +0.2pp |
| Net income | $118M | 15.50% | $36M | 15.22% | WTS +0.3pp |
| Stage | WTS | BMI | Gap · A − B |
|---|---|---|---|
| Revenue | $763M100.00% | $236M100.00% | WTS ×3.23 |
| Gross profit | 49.02%$374M | 41.90%$99M | WTS +7.1pp |
| Operating income | 20.18%$154M | 20.23%$48M | BMI +0.1pp |
| Pre-tax income | 20.14%$154M | 20.33%$48M | BMI +0.2pp |
| Net income |
| 15.50%$118M |
| 15.22%$36M |
| WTS +0.3pp |