| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $636M | $633M | $506M | 0.5% | 25.8% |
| Op. Income | $15M | $19M | $12M | -17.3% | 29.1% |
| Gross Margin | 9.1% | 9.8% | 8.3% | -0.7pp | 0.7pp |
| Net Margin | 1.7% | 2.0% | 1.6% | -0.2pp | 0.2pp |
| EPS (Diluted) | $0.31 | $0.35 | $0.22 | -11.4% | 40.9% |
| Free Cash Flow | -$85M | -$11M | $30M | -671.0% | -382.3% |
| Item | Amount |
|---|---|
| REVENUE | $636M |
| Cost of Revenue | $578M |
| GROSS PROFIT | $58M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $6M |
| Operating Expenses | $42M |
| Cost & Expenses | $621M |
| OPERATING INCOME | $15M |
| Interest Income | $130.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $11M |
| EBIT | $15M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $636M |
| Cost of Revenue | $578M |
| GROSS PROFIT | $58M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $6M |
| Operating Expenses | $42M |
| Cost & Expenses | $621M |
| OPERATING INCOME | $15M |
| Interest Income | $130.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $11M |
| EBIT | $15M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$95M |
| OPERATING CASH FLOW | -$68M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5.0K |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $73M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $59M |
| FREE CASH FLOW | -$85M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $245M |
| Short-Term Investments | $0 |
| Net Receivables | $551M |
| Inventory | $608M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $283M |
| Goodwill | $192M |
| Intangible Assets | $62M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $552M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $457M |
| Short-Term Debt | $2M |
| Deferred Revenue | $130M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $684M |
| Long-Term Debt | $202M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $84.0K |
| Other Non-Current Liabilities | $55M |
| TOTAL NON-CURRENT LIABILITIES | $342M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $4M |
| Additional Paid-In Capital | $507M |
| Retained Earnings | $482M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $976M |
| Minority Interest | $0 |
| TOTAL EQUITY | $976M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $288M |
| Net Debt | $43M |
