| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.0B | $1.1B | 1.0% | -0.7% |
| Op. Income | $110M | $129M | $133M | -14.7% | -17.3% |
| Gross Margin | 23.4% | 25.2% | 23.9% | -1.9pp | -0.5pp |
| Net Margin | -3.8% | 1.1% | -1.0% | -4.9pp | -2.8pp |
| EPS (Diluted) | $-0.20 | $0.04 | $-0.07 | -600.0% | -185.7% |
| Free Cash Flow | $57M | $25M | $144M | 128.0% | -60.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $803M |
| GROSS PROFIT | $245M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $134M |
| Operating Expenses | $135M |
| Cost & Expenses | $938M |
| OPERATING INCOME | $110M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$164M |
| INCOME BEFORE TAX | -$54M |
| Income Tax Expense | -$14M |
| Net Income from Continuing Ops | -$40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$43M |
| D&A | $23M |
| EBIT | $20M |
| EBITDA | $43M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$40M |
| Depreciation & Amortization | $116M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $85M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$45M |
| Net Debt Issuance | -$1.4B |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $1.4B |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $57M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $415M |
| Short-Term Investments | $0 |
| Net Receivables | $911M |
| Inventory | $0 |
| Other Current Assets | $270M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $512M |
| Goodwill | $1.3B |
| Intangible Assets | $326M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $179M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $198M |
| Short-Term Debt | $30M |
| Deferred Revenue | $82M |
| Other Current Liabilities | $300M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $48M |
| Deferred Tax Liabilities | $75M |
| Other Non-Current Liabilities | $189M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | -$2.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$429M |
| Other Equity | -$142M |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $1.7B |
| Net Debt | $1.3B |
