| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $679M | $784M | $571M | -13.4% | 19.0% |
| Op. Income | $44M | $81M | -$55M | -46.1% | 179.1% |
| Gross Margin | 43.4% | 42.8% | 39.5% | 0.6pp | 3.9pp |
| Net Margin | 5.0% | 7.6% | -13.5% | -2.6pp | 18.5pp |
| EPS (Diluted) | $0.88 | $1.54 | $-2.11 | -42.9% | 141.7% |
| Free Cash Flow | -$31M | $49M | $18M | -163.0% | -270.9% |
| Item | Amount |
|---|---|
| REVENUE | $679M |
| Cost of Revenue | $384M |
| GROSS PROFIT | $295M |
| R&D Expenses | $0 |
| Selling & Marketing | $218M |
| General & Administrative | $33M |
| SG&A Expenses | $251M |
| Other Expenses | $0 |
| Operating Expenses | $251M |
| Cost & Expenses | $635M |
| OPERATING INCOME | $44M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.0K |
| NET INCOME | $34M |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $13M |
| EBIT | $47M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $679M |
| Cost of Revenue | $384M |
| GROSS PROFIT | $295M |
| R&D Expenses | $0 |
| Selling & Marketing | $218M |
| General & Administrative | $33M |
| SG&A Expenses | $251M |
| Other Expenses | $0 |
| Operating Expenses | $251M |
| Cost & Expenses | $635M |
| OPERATING INCOME | $44M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.0K |
| NET INCOME | $34M |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $13M |
| EBIT | $47M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$44M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | -$21M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $15M |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | -$45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $0 |
| Net Receivables | $122M |
| Inventory | $597M |
| Other Current Assets | $54M |
| TOTAL CURRENT ASSETS | $836M |
| PP&E (Net) | $654M |
| Goodwill | $5M |
| Intangible Assets | $223M |
| Long-Term Investments | -$15M |
| Tax Assets | $15M |
| Other Non-Current Assets | $126M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $331M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $455M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $453M |
| Deferred Revenue NC | -$15M |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | -$411M |
| TOTAL NON-CURRENT LIABILITIES | $495M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $376.0K |
| Additional Paid-In Capital | $169M |
| Retained Earnings | $158M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $319M |
| Minority Interest | $5M |
| TOTAL EQUITY | $323M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $871M |
| Net Debt | $841M |
