| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $610M | $639M | $509M | -4.5% | 20.0% |
| Op. Income | $74M | -$64M | $51M | 214.9% | 44.3% |
| Gross Margin | 34.2% | 35.7% | 33.3% | -1.5pp | 1.0pp |
| Net Margin | 5.9% | -7.8% | 5.6% | 13.7pp | 0.2pp |
| EPS (Diluted) | $0.79 | $-1.09 | $0.64 | 172.5% | 23.4% |
| Free Cash Flow | -$69M | $135M | -$53M | -151.2% | -30.7% |
| Item | Amount |
|---|---|
| REVENUE | $610M |
| Cost of Revenue | $402M |
| GROSS PROFIT | $209M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $103M |
| Other Expenses | $9M |
| Operating Expenses | $135M |
| Cost & Expenses | $537M |
| OPERATING INCOME | $74M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | -$8M |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $21M |
| EBIT | $68M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $610M |
| Cost of Revenue | $402M |
| GROSS PROFIT | $209M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $103M |
| Other Expenses | $9M |
| Operating Expenses | $135M |
| Cost & Expenses | $537M |
| OPERATING INCOME | $74M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | -$8M |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $21M |
| EBIT | $68M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$126M |
| OPERATING CASH FLOW | -$58M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $273M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $56.0K |
| NET CASH FROM INVESTING | $262M |
| Net Debt Issuance | -$231M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$287M |
| FREE CASH FLOW | -$69M |
| Net Change in Cash | -$84M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $560M |
| Short-Term Investments | $0 |
| Net Receivables | $376M |
| Inventory | $396M |
| Other Current Assets | $62M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $420M |
| Goodwill | $859M |
| Intangible Assets | $267M |
| Long-Term Investments | $0 |
| Tax Assets | $33M |
| Other Non-Current Assets | $30M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $360M |
| Short-Term Debt | $17M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $207M |
| TOTAL CURRENT LIABILITIES | $584M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $60M |
| Other Non-Current Liabilities | $133M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $503.0K |
| Additional Paid-In Capital | $827M |
| Retained Earnings | $539M |
| Treasury Stock | -$353M |
| Accum. Other Comp. Income | -$67M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $947M |
| Minority Interest | $825.0K |
| TOTAL EQUITY | $948M |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $1.3B |
| Net Debt | $737M |
