| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $958M | $1.1B | 10.6% | -4.2% |
| Op. Income | $49M | $39M | $6M | 27.4% | 764.9% |
| Gross Margin | 24.4% | 27.1% | 25.0% | -2.8pp | -0.6pp |
| Net Margin | -3.6% | -0.2% | -4.6% | -3.4pp | 1.0pp |
| EPS (Diluted) | $-0.49 | $-0.03 | $-0.66 | -1533.3% | 25.8% |
| Free Cash Flow | $375M | -$153M | $195M | 345.2% | 92.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $801M |
| GROSS PROFIT | $258M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $172M |
| Other Expenses | $6M |
| Operating Expenses | $209M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $49M |
| Interest Income | $1M |
| Interest Expense | $46M |
| Other Income/Expenses | -$48M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | -$38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$38M |
| D&A | $35M |
| EBIT | $44M |
| EBITDA | $79M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$38M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | $398M |
| OPERATING CASH FLOW | $415M |
| Capital Expenditure | -$40M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$86M |
| Sales/Maturities of Investments | $65M |
| Other Investing Activities | $22M |
| NET CASH FROM INVESTING | -$45M |
| Net Debt Issuance | -$192M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$193M |
| FREE CASH FLOW | $375M |
| Net Change in Cash | $173M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $389M |
| Short-Term Investments | $34M |
| Net Receivables | $595M |
| Inventory | $544M |
| Other Current Assets | $277M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $291M |
| Goodwill | $744M |
| Intangible Assets | $348M |
| Long-Term Investments | $11M |
| Tax Assets | $96M |
| Other Non-Current Assets | $132M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $706M |
| Short-Term Debt | $47M |
| Deferred Revenue | $322M |
| Other Current Liabilities | $433M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $106M |
| Other Non-Current Liabilities | $141M |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $118M |
| Additional Paid-In Capital | $820M |
| Retained Earnings | -$822M |
| Treasury Stock | -$582M |
| Accum. Other Comp. Income | -$379M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$845M |
| Minority Interest | $8M |
| TOTAL EQUITY | -$837M |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $2.5B |
| Net Debt | $2.1B |
