| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.9B | $3.6B | $2.7B | 11.2% | 43.9% |
| Op. Income | $140M | $132M | -$20M | 6.0% | 785.2% |
| Gross Margin | 9.6% | 10.1% | 7.6% | -0.5pp | 2.0pp |
| Net Margin | 1.1% | 1.0% | -3.0% | 0.1pp | 4.0pp |
| EPS (Diluted) | $0.17 | $0.14 | $-0.32 | 21.4% | 153.1% |
| Free Cash Flow | -$577M | $302M | -$180M | -290.9% | -220.2% |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $377M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $101M |
| Other Expenses | $136M |
| Operating Expenses | $237M |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | $140M |
| Interest Income | $0 |
| Interest Expense | $93M |
| Other Income/Expenses | -$93M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $136M |
| EBIT | $140M |
| EBITDA | $276M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $377M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $101M |
| Other Expenses | $136M |
| Operating Expenses | $237M |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | $140M |
| Interest Income | $0 |
| Interest Expense | $93M |
| Other Income/Expenses | -$93M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $136M |
| EBIT | $140M |
| EBITDA | $276M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $136M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | -$73.0K |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | -$698M |
| OPERATING CASH FLOW | -$503M |
| Capital Expenditure | -$74M |
| Acquisitions (Net) | -$121M |
| Purchases of Investments | -$64M |
| Sales/Maturities of Investments | $72M |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$178M |
| Net Debt Issuance | $588M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$28M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | $565M |
| FREE CASH FLOW | -$577M |
| Net Change in Cash | -$117M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $415M |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $393M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $2.6B |
| Goodwill | $5.5B |
| Intangible Assets | $2.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $11.6B |
| TOTAL ASSETS | $14.5B |
| Account Payables | $785M |
| Short-Term Debt | $53M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $8.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.0B |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $9.3B |
| TOTAL LIABILITIES | $11.7B |
| Common Stock | $3M |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | $340M |
| Treasury Stock | -$940M |
| Accum. Other Comp. Income | -$190M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $9M |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $14.5B |
| Total Debt | $8.4B |
| Net Debt | $8.0B |
