| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $892M | $1.2B | — | -25.7% | — |
| Op. Income | $102M | $74M | — | 38.1% | — |
| Gross Margin | 28.5% | 21.1% | — | 7.4pp | — |
| Net Margin | 9.4% | 2.5% | — | 7.0pp | — |
| EPS (Diluted) | $0.91 | $0.32 | — | 184.4% | — |
| Free Cash Flow | $6M | $86M | — | -93.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $892M |
| Cost of Revenue | $638M |
| GROSS PROFIT | $254M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $152M |
| Other Expenses | $0 |
| Operating Expenses | $152M |
| Cost & Expenses | $790M |
| OPERATING INCOME | $102M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $85M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $20M |
| Other Adjustments | $0 |
| NET INCOME | $84M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $84M |
| D&A | $38M |
| EBIT | $102M |
| EBITDA | $139M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $892M |
| Cost of Revenue | $638M |
| GROSS PROFIT | $254M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $152M |
| Other Expenses | $0 |
| Operating Expenses | $152M |
| Cost & Expenses | $790M |
| OPERATING INCOME | $102M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $85M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $20M |
| Other Adjustments | $0 |
| NET INCOME | $84M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $84M |
| D&A | $38M |
| EBIT | $102M |
| EBITDA | $139M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $85M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$107M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$16M |
| Common Dividends Paid | -$22M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$44M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $563M |
| Short-Term Investments | $0 |
| Net Receivables | $758M |
| Inventory | $475M |
| Other Current Assets | $134M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $729M |
| Goodwill | $1.3B |
| Intangible Assets | $904M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $200M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $642M |
| Short-Term Debt | $608M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $99M |
| Other Non-Current Liabilities | $263M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $1.3B |
| Treasury Stock | -$915M |
| Accum. Other Comp. Income | -$54M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $16M |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $1.9B |
| Net Debt | $1.4B |
