| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $211M | $233M | $245M | -9.4% | -14.0% |
| Op. Income | $36M | $48M | $52M | -24.7% | -30.0% |
| Gross Margin | 48.1% | 55.9% | 51.0% | -7.9pp | -3.0pp |
| Net Margin | 12.5% | 11.0% | 14.3% | 1.5pp | -1.8pp |
| EPS (Diluted) | $0.77 | $0.73 | $1.02 | 5.5% | -24.5% |
| Free Cash Flow | -$62M | $63M | -$46M | -199.0% | -34.1% |
| Item | Amount |
|---|---|
| REVENUE | $211M |
| Cost of Revenue | $110M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $65M |
| Other Expenses | $0 |
| Operating Expenses | $65M |
| Cost & Expenses | $175M |
| OPERATING INCOME | $36M |
| Interest Income | $100.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $15M |
| EBIT | $36M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $211M |
| Cost of Revenue | $110M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $65M |
| Other Expenses | $0 |
| Operating Expenses | $65M |
| Cost & Expenses | $175M |
| OPERATING INCOME | $36M |
| Interest Income | $100.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $15M |
| EBIT | $36M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$200.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$99M |
| OPERATING CASH FLOW | -$52M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $70M |
| Common Stock Repurchased | -$53M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $300.0K |
| NET CASH FROM FINANCING | $17M |
| FREE CASH FLOW | -$62M |
| Net Change in Cash | -$44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $219M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $264M |
| PP&E (Net) | $64M |
| Goodwill | $410M |
| Intangible Assets | $75M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $59M |
| TOTAL NON-CURRENT ASSETS | $607M |
| TOTAL ASSETS | $872M |
| Account Payables | $55M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $46M |
| TOTAL CURRENT LIABILITIES | $203M |
| Long-Term Debt | $194M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $74M |
| TOTAL NON-CURRENT LIABILITIES | $315M |
| TOTAL LIABILITIES | $518M |
| Common Stock | $400.0K |
| Additional Paid-In Capital | $264M |
| Retained Earnings | $278M |
| Treasury Stock | -$111M |
| Accum. Other Comp. Income | -$78M |
| Other Equity | $1 |
| TOTAL STOCKHOLDERS' EQUITY | $354M |
| Minority Interest | $0 |
| TOTAL EQUITY | $354M |
| TOTAL LIABILITIES & EQUITY | $872M |
| Total Debt | $261M |
| Net Debt | $251M |
