| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.4B | $1.2B | -5.9% | 4.8% |
| Op. Income | $138M | $216M | $135M | -36.3% | 2.0% |
| Gross Margin | 24.9% | 30.3% | 25.1% | -5.4pp | -0.2pp |
| Net Margin | 11.4% | 14.8% | 9.9% | -3.3pp | 1.5pp |
| EPS (Diluted) | $1.65 | $2.31 | $1.36 | -28.6% | 21.3% |
| Free Cash Flow | $133M | $105M | $145M | 27.4% | -8.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $981M |
| GROSS PROFIT | $325M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $169M |
| SG&A Expenses | $169M |
| Other Expenses | $18M |
| Operating Expenses | $187M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $138M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $149M |
| Income Tax Expense | $24.0K |
| Net Income from Continuing Ops | $149M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $149M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $142M |
| D&A | $16M |
| EBIT | $153M |
| EBITDA | $169M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $981M |
| GROSS PROFIT | $325M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $169M |
| SG&A Expenses | $169M |
| Other Expenses | $18M |
| Operating Expenses | $187M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $138M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $149M |
| Income Tax Expense | $24.0K |
| Net Income from Continuing Ops | $149M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $149M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $142M |
| D&A | $16M |
| EBIT | $153M |
| EBITDA | $169M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $149M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $68M |
| Change in Working Capital | -$107M |
| OPERATING CASH FLOW | $133M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.4B |
| Sales/Maturities of Investments | $2.8B |
| Other Investing Activities | -$43M |
| NET CASH FROM INVESTING | $323M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$40M |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | -$60M |
| FREE CASH FLOW | $133M |
| Net Change in Cash | $389M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $987M |
| Short-Term Investments | $11.5B |
| Net Receivables | $8.9B |
| Inventory | $0 |
| Other Current Assets | -$22.9B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $99M |
| Goodwill | $101M |
| Intangible Assets | $206M |
| Long-Term Investments | $12.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$13.1B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $27.8B |
| Account Payables | $1.5B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1.6B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1.4B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $22.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $6.3B |
| Treasury Stock | -$3.7B |
| Accum. Other Comp. Income | -$338M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.1B |
| TOTAL LIABILITIES & EQUITY | $27.8B |
| Total Debt | $1.4B |
| Net Debt | $438M |
