| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.7B | $1.3B | -7.4% | 20.4% |
| Op. Income | $210M | $252M | $144M | -16.8% | 45.4% |
| Gross Margin | 20.4% | 21.0% | 20.0% | -0.6pp | 0.4pp |
| Net Margin | 10.7% | 12.6% | 9.0% | -1.9pp | 1.7pp |
| EPS (Diluted) | $0.69 | $0.88 | $0.49 | -21.6% | 40.8% |
| Free Cash Flow | $8M | $201M | $66M | -96.0% | -87.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $325M |
| R&D Expenses | $38M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $77M |
| Other Expenses | $0 |
| Operating Expenses | $115M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $210M |
| Interest Income | $603.0K |
| Interest Expense | $14M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $201M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $171M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $171M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $171M |
| D&A | $148M |
| EBIT | $215M |
| EBITDA | $363M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $325M |
| R&D Expenses | $38M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $77M |
| Other Expenses | $0 |
| Operating Expenses | $115M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $210M |
| Interest Income | $603.0K |
| Interest Expense | $14M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $201M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $171M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $171M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $171M |
| D&A | $148M |
| EBIT | $215M |
| EBITDA | $363M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $171M |
| Depreciation & Amortization | $148M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$164M |
| OPERATING CASH FLOW | $166M |
| Capital Expenditure | -$158M |
| Acquisitions (Net) | $416.0K |
| Purchases of Investments | -$126M |
| Sales/Maturities of Investments | $71M |
| Other Investing Activities | -$27M |
| NET CASH FROM INVESTING | -$240M |
| Net Debt Issuance | $121M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $653.0K |
| NET CASH FROM FINANCING | $109M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $855M |
| Short-Term Investments | $307M |
| Net Receivables | $1.2B |
| Inventory | $516M |
| Other Current Assets | $60M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $3.1B |
| Goodwill | $23M |
| Intangible Assets | $0 |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $140M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $753M |
| Short-Term Debt | $262M |
| Deferred Revenue | $113M |
| Other Current Liabilities | $338M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $216M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $291.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $1.3B |
| Treasury Stock | -$219M |
| Accum. Other Comp. Income | $10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $31M |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $1.5B |
| Net Debt | $667M |
