| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.1B | $3.2B | $3.0B | -3.8% | 3.3% |
| Op. Income | $270M | $424M | $326M | -36.3% | -17.2% |
| Gross Margin | 41.4% | 42.5% | 40.5% | -1.2pp | 0.9pp |
| Net Margin | -0.0% | 5.5% | -2.1% | -5.5pp | 2.1pp |
| EPS (Diluted) | $0.23 | $1.34 | $-0.51 | -82.8% | 145.1% |
| Free Cash Flow | $4M | -$666M | -$4M | 100.6% | 200.0% |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $77M |
| Other Expenses | $940M |
| Operating Expenses | $1.0B |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $270M |
| Interest Income | $0 |
| Interest Expense | $217M |
| Other Income/Expenses | -$217M |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $128M |
| EBIT | $229M |
| EBITDA | $357M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $128M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $22M |
| Other Non-Cash Items | $92M |
| Change in Working Capital | -$140M |
| OPERATING CASH FLOW | $101M |
| Capital Expenditure | -$97M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$49M |
| Sales/Maturities of Investments | $24M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$120M |
| Net Debt Issuance | $9M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$29M |
| NET CASH FROM FINANCING | -$28M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $460M |
| Short-Term Investments | $0 |
| Net Receivables | $2.2B |
| Inventory | $353M |
| Other Current Assets | $164M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $6.3B |
| Goodwill | $4.2B |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $53M |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $11.8B |
| TOTAL ASSETS | $15.3B |
| Account Payables | $825M |
| Short-Term Debt | $192M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $633M |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $11.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $213M |
| Other Non-Current Liabilities | $790M |
| TOTAL NON-CURRENT LIABILITIES | $13.7B |
| TOTAL LIABILITIES | $16.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | -$3.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.4B |
| Minority Interest | $573M |
| TOTAL EQUITY | -$819M |
| TOTAL LIABILITIES & EQUITY | $15.3B |
| Total Debt | $12.9B |
| Net Debt | $12.5B |
