| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.8B | $1.8B | 4.0% | 6.5% |
| Op. Income | $214M | $237M | $205M | -9.8% | 4.6% |
| Gross Margin | 33.9% | 33.6% | 32.5% | 0.4pp | 1.5pp |
| Net Margin | 4.9% | 8.5% | 2.9% | -3.6pp | 2.0pp |
| EPS (Diluted) | $0.13 | $0.24 | $0.06 | -45.8% | 116.7% |
| Free Cash Flow | $261M | $229M | $286M | 13.8% | -8.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $648M |
| R&D Expenses | $0 |
| Selling & Marketing | $62M |
| General & Administrative | $372M |
| SG&A Expenses | $434M |
| Other Expenses | $0 |
| Operating Expenses | $434M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $214M |
| Interest Income | $0 |
| Interest Expense | $61M |
| Other Income/Expenses | -$74M |
| INCOME BEFORE TAX | $140M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $94M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $104M |
| EBIT | $201M |
| EBITDA | $305M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $648M |
| R&D Expenses | $0 |
| Selling & Marketing | $62M |
| General & Administrative | $372M |
| SG&A Expenses | $434M |
| Other Expenses | $0 |
| Operating Expenses | $434M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $214M |
| Interest Income | $0 |
| Interest Expense | $61M |
| Other Income/Expenses | -$74M |
| INCOME BEFORE TAX | $140M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $94M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $104M |
| EBIT | $201M |
| EBITDA | $305M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $94M |
| Depreciation & Amortization | $104M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | $65M |
| OPERATING CASH FLOW | $301M |
| Capital Expenditure | -$40M |
| Acquisitions (Net) | -$2.8B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$2.9B |
| Net Debt Issuance | $1.5B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | $1.5B |
| FREE CASH FLOW | $261M |
| Net Change in Cash | -$1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $302M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $872M |
| Other Current Assets | $81M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $706M |
| Goodwill | $5.3B |
| Intangible Assets | $5.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $233M |
| TOTAL NON-CURRENT ASSETS | $11.4B |
| TOTAL ASSETS | $13.9B |
| Account Payables | $755M |
| Short-Term Debt | $45M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $601M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $7.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $913M |
| Other Non-Current Liabilities | $358M |
| TOTAL NON-CURRENT LIABILITIES | $8.2B |
| TOTAL LIABILITIES | $9.7B |
| Common Stock | $2.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $484M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$43M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.2B |
| TOTAL LIABILITIES & EQUITY | $13.9B |
| Total Debt | $7.0B |
| Net Debt | $6.7B |
