| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.6B | $3.0B | $2.7B | 19.1% | 31.9% |
| Op. Income | $132M | $74M | -$94M | 78.2% | 240.9% |
| Gross Margin | 10.1% | 9.9% | 5.2% | 0.2pp | 4.9pp |
| Net Margin | 1.0% | 1.1% | -5.5% | -0.1pp | 6.5pp |
| EPS (Diluted) | $0.14 | $0.13 | $-0.59 | 7.7% | 123.7% |
| Free Cash Flow | $302M | -$94M | $186M | 421.3% | 62.7% |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $358M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $87M |
| Other Expenses | $139M |
| Operating Expenses | $226M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $132M |
| Interest Income | $0 |
| Interest Expense | $93M |
| Other Income/Expenses | -$93M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $139M |
| EBIT | $145M |
| EBITDA | $283M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $358M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $87M |
| Other Expenses | $139M |
| Operating Expenses | $226M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $132M |
| Interest Income | $0 |
| Interest Expense | $93M |
| Other Income/Expenses | -$93M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $139M |
| EBIT | $145M |
| EBITDA | $283M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $139M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | -$44M |
| Change in Working Capital | $292M |
| OPERATING CASH FLOW | $423M |
| Capital Expenditure | -$121M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$131M |
| Net Debt Issuance | -$525M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$28M |
| Other Financing Activities | $307M |
| NET CASH FROM FINANCING | -$238M |
| FREE CASH FLOW | $302M |
| Net Change in Cash | $49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $533M |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $413M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $2.6B |
| Goodwill | $5.5B |
| Intangible Assets | $2.2B |
| Long-Term Investments | $405M |
| Tax Assets | $0 |
| Other Non-Current Assets | $747M |
| TOTAL NON-CURRENT ASSETS | $11.5B |
| TOTAL ASSETS | $14.4B |
| Account Payables | $919M |
| Short-Term Debt | $59M |
| Deferred Revenue | $341M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $7.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $383M |
| Other Non-Current Liabilities | $696M |
| TOTAL NON-CURRENT LIABILITIES | $8.8B |
| TOTAL LIABILITIES | $11.6B |
| Common Stock | $3M |
| Additional Paid-In Capital | $3.5B |
| Retained Earnings | $328M |
| Treasury Stock | -$933M |
| Accum. Other Comp. Income | -$208M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $9M |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $14.4B |
| Total Debt | $7.8B |
| Net Debt | $7.3B |
