| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $2.0B | $1.4B | -2.4% | 42.4% |
| Op. Income | $273M | $207M | $103M | 31.9% | 163.9% |
| Gross Margin | 20.0% | 16.9% | 15.6% | 3.0pp | 4.4pp |
| Net Margin | 11.8% | 7.5% | 4.6% | 4.3pp | 7.1pp |
| EPS (Diluted) | $1.90 | $1.24 | $0.53 | 53.2% | 258.5% |
| Free Cash Flow | -$44M | $77M | -$49M | -157.3% | 10.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $395M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $123M |
| Other Expenses | $0 |
| Operating Expenses | $123M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $273M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $262M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $233M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $233M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $233M |
| D&A | $41M |
| EBIT | $273M |
| EBITDA | $314M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $395M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $123M |
| Other Expenses | $0 |
| Operating Expenses | $123M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $273M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $262M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $233M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $233M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $233M |
| D&A | $41M |
| EBIT | $273M |
| EBITDA | $314M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $233M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$583.0K |
| Change in Working Capital | -$252M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$70M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$69M |
| Net Debt Issuance | -$598.0K |
| Common Stock Repurchased | -$22M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$39M |
| FREE CASH FLOW | -$44M |
| Net Change in Cash | -$83M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $415M |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $1.1B |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $1.6B |
| Goodwill | $66M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $286M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $425M |
| Short-Term Debt | $57M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $892M |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $104M |
| Other Non-Current Liabilities | $235M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $357M |
| Retained Earnings | $2.4B |
| Treasury Stock | -$146M |
| Accum. Other Comp. Income | -$105M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $232.0K |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $1.1B |
| Net Debt | $650M |
