| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.6B | $1.5B | -4.7% | 2.2% |
| Op. Income | $127M | $112M | $134M | 13.4% | -5.5% |
| Gross Margin | 8.5% | 7.2% | 9.2% | 1.4pp | -0.7pp |
| Net Margin | 5.9% | 8.8% | 6.4% | -2.8pp | -0.5pp |
| EPS (Diluted) | $3.70 | $5.74 | $3.67 | -35.5% | 0.8% |
| Free Cash Flow | $176M | $70M | $161M | 151.6% | 9.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $127M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $127M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $117M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $33M |
| EBIT | $127M |
| EBITDA | $160M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $127M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $127M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $117M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $33M |
| EBIT | $127M |
| EBITDA | $160M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $88M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | $46M |
| OPERATING CASH FLOW | $186M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$116M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$126M |
| Net Debt Issuance | -$42M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$42M |
| FREE CASH FLOW | $176M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $104M |
| Short-Term Investments | $0 |
| Net Receivables | $779M |
| Inventory | $87M |
| Other Current Assets | $272M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $543M |
| Goodwill | $3.7B |
| Intangible Assets | $502M |
| Long-Term Investments | $23M |
| Tax Assets | $0 |
| Other Non-Current Assets | $161M |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $119M |
| Short-Term Debt | $47M |
| Deferred Revenue | $81M |
| Other Current Liabilities | $219M |
| TOTAL CURRENT LIABILITIES | $836M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $331M |
| Other Non-Current Liabilities | $236M |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $4M |
| Additional Paid-In Capital | $562M |
| Retained Earnings | $3.3B |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | -$41M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $135.0K |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $2.1B |
| Net Debt | $2.0B |
