| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.4B | $1.2B | -5.2% | 4.7% |
| Op. Income | $281M | $176M | $303M | 59.1% | -7.2% |
| Gross Margin | 42.6% | 42.5% | 44.5% | 0.1pp | -1.9pp |
| Net Margin | 15.8% | 11.6% | 17.8% | 4.2pp | -2.1pp |
| EPS (Diluted) | $0.83 | $0.64 | $0.88 | 29.7% | -5.7% |
| Free Cash Flow | $137M | $286M | $74M | -51.9% | 85.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $745M |
| GROSS PROFIT | $553M |
| R&D Expenses | $0 |
| Selling & Marketing | $102M |
| General & Administrative | $170M |
| SG&A Expenses | $272M |
| Other Expenses | $0 |
| Operating Expenses | $272M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $281M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $266M |
| Income Tax Expense | $62M |
| Net Income from Continuing Ops | $204M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $204M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $204M |
| D&A | $54M |
| EBIT | $283M |
| EBITDA | $337M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $745M |
| GROSS PROFIT | $553M |
| R&D Expenses | $0 |
| Selling & Marketing | $102M |
| General & Administrative | $170M |
| SG&A Expenses | $272M |
| Other Expenses | $0 |
| Operating Expenses | $272M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $281M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $266M |
| Income Tax Expense | $62M |
| Net Income from Continuing Ops | $204M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $204M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $204M |
| D&A | $54M |
| EBIT | $283M |
| EBITDA | $337M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $204M |
| Depreciation & Amortization | $54M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$104M |
| OPERATING CASH FLOW | $153M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$100.0K |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | -$150M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$64M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$203M |
| FREE CASH FLOW | $137M |
| Net Change in Cash | -$66M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $174M |
| Short-Term Investments | $0 |
| Net Receivables | $407M |
| Inventory | $599M |
| Other Current Assets | $42M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $653M |
| Goodwill | $2.3B |
| Intangible Assets | $3.5B |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $317M |
| TOTAL NON-CURRENT ASSETS | $6.7B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $655M |
| Short-Term Debt | $826M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $285M |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $738M |
| Other Non-Current Liabilities | $175M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $293M |
| Additional Paid-In Capital | $334M |
| Retained Earnings | $5.5B |
| Treasury Stock | -$2.7B |
| Accum. Other Comp. Income | -$53M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $2.6B |
| Net Debt | $2.4B |
