| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $660M | $587M | $460M | 12.5% | 43.5% |
| Op. Income | $119M | $160M | $125M | -25.8% | -4.8% |
| Gross Margin | 49.2% | 63.4% | 55.0% | -14.2pp | -5.8pp |
| Net Margin | 11.0% | 26.4% | 21.4% | -15.4pp | -10.4pp |
| EPS (Diluted) | $1.19 | $2.57 | $1.47 | -53.7% | -19.0% |
| Free Cash Flow | -$109M | $192M | $22M | -156.6% | -589.7% |
| Item | Amount |
|---|---|
| REVENUE | $660M |
| Cost of Revenue | $335M |
| GROSS PROFIT | $325M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $206M |
| Other Expenses | $0 |
| Operating Expenses | $206M |
| Cost & Expenses | $541M |
| OPERATING INCOME | $119M |
| Interest Income | $102.0K |
| Interest Expense | $19M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $99M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $8M |
| EBIT | $118M |
| EBITDA | $126M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $660M |
| Cost of Revenue | $335M |
| GROSS PROFIT | $325M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $206M |
| Other Expenses | $0 |
| Operating Expenses | $206M |
| Cost & Expenses | $541M |
| OPERATING INCOME | $119M |
| Interest Income | $102.0K |
| Interest Expense | $19M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $99M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $8M |
| EBIT | $118M |
| EBITDA | $126M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $73M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $24M |
| Change in Working Capital | -$182M |
| OPERATING CASH FLOW | -$69M |
| Capital Expenditure | -$40M |
| Acquisitions (Net) | -$2.0B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $85.0K |
| NET CASH FROM INVESTING | -$2.1B |
| Net Debt Issuance | $2.2B |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$49M |
| NET CASH FROM FINANCING | $2.1B |
| FREE CASH FLOW | -$109M |
| Net Change in Cash | -$42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $172M |
| Short-Term Investments | $0 |
| Net Receivables | $417M |
| Inventory | $408M |
| Other Current Assets | $34.0K |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $335M |
| Goodwill | $642M |
| Intangible Assets | $1.9B |
| Long-Term Investments | $3M |
| Tax Assets | $548M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $203M |
| Short-Term Debt | $75M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $144M |
| TOTAL CURRENT LIABILITIES | $531M |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $330M |
| Other Non-Current Liabilities | $228M |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $4.1B |
| Common Stock | $109.0K |
| Additional Paid-In Capital | $775M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$1.7B |
| Accum. Other Comp. Income | -$87M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $349M |
| Minority Interest | $0 |
| TOTAL EQUITY | $349M |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $3.1B |
| Net Debt | $2.9B |
