| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.6B | $5.2B | $4.7B | 6.8% | 18.2% |
| Op. Income | $168M | $118M | $19M | 42.6% | 809.3% |
| Gross Margin | 11.8% | 12.3% | 10.9% | -0.5pp | 0.9pp |
| Net Margin | 2.0% | 1.6% | -0.4% | 0.4pp | 2.4pp |
| EPS (Diluted) | $1.10 | $0.85 | $-0.19 | 29.4% | 678.9% |
| Free Cash Flow | -$43M | -$118M | $102M | 63.5% | -142.0% |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $4.9B |
| GROSS PROFIT | $660M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $486M |
| Other Expenses | $5M |
| Operating Expenses | $491M |
| Cost & Expenses | $5.4B |
| OPERATING INCOME | $168M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $145M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $41M |
| EBIT | $168M |
| EBITDA | $209M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $4.9B |
| GROSS PROFIT | $660M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $486M |
| Other Expenses | $5M |
| Operating Expenses | $491M |
| Cost & Expenses | $5.4B |
| OPERATING INCOME | $168M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $145M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $41M |
| EBIT | $168M |
| EBITDA | $209M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $111M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$192M |
| OPERATING CASH FLOW | -$31M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $318.0K |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $177M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$24M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $142M |
| FREE CASH FLOW | -$43M |
| Net Change in Cash | $99M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $299M |
| Short-Term Investments | $0 |
| Net Receivables | $3.7B |
| Inventory | $3.3B |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $7.5B |
| PP&E (Net) | $609M |
| Goodwill | $824M |
| Intangible Assets | $23M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $290M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $9.2B |
| Account Payables | $2.5B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $332M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $5.1B |
| Common Stock | $99M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $2.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$179M |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $9.2B |
| Total Debt | $1.7B |
| Net Debt | $1.4B |
