| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $274M | $249M | $253M | 10.1% | 8.4% |
| Op. Income | $37M | $27M | $25M | 39.3% | 50.7% |
| Gross Margin | 56.9% | 57.2% | 53.6% | -0.3pp | 3.3pp |
| Net Margin | 8.9% | 6.0% | 9.5% | 2.9pp | -0.6pp |
| EPS (Diluted) | $0.75 | $0.47 | $0.81 | 59.6% | -7.4% |
| Free Cash Flow | $31M | $16M | $17M | 93.8% | 80.0% |
| Item | Amount |
|---|---|
| REVENUE | $274M |
| Cost of Revenue | $118M |
| GROSS PROFIT | $156M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $107M |
| Other Expenses | $0 |
| Operating Expenses | $119M |
| Cost & Expenses | $237M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $17M |
| EBIT | $37M |
| EBITDA | $55M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $274M |
| Cost of Revenue | $118M |
| GROSS PROFIT | $156M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $107M |
| Other Expenses | $0 |
| Operating Expenses | $119M |
| Cost & Expenses | $237M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $17M |
| EBIT | $37M |
| EBITDA | $55M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$34M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$970.0K |
| NET CASH FROM FINANCING | -$41M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $0 |
| Net Receivables | $184M |
| Inventory | $232M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $460M |
| PP&E (Net) | $109M |
| Goodwill | $618M |
| Intangible Assets | $471M |
| Long-Term Investments | $0 |
| Tax Assets | $10M |
| Other Non-Current Assets | $99M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $58M |
| Short-Term Debt | $12M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $126M |
| TOTAL CURRENT LIABILITIES | $197M |
| Long-Term Debt | $672M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $69M |
| Other Non-Current Liabilities | $43M |
| TOTAL NON-CURRENT LIABILITIES | $784M |
| TOTAL LIABILITIES | $981M |
| Common Stock | $313.0K |
| Additional Paid-In Capital | $397M |
| Retained Earnings | $497M |
| Treasury Stock | -$54M |
| Accum. Other Comp. Income | -$54M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $785M |
| Minority Interest | $0 |
| TOTAL EQUITY | $785M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $685M |
| Net Debt | $664M |
