| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.3B | — | 1.2% | — |
| Op. Income | $281M | $323M | — | -13.2% | — |
| Gross Margin | 22.0% | 23.7% | — | -1.7pp | — |
| Net Margin | 10.0% | 16.2% | — | -6.2pp | — |
| EPS (Diluted) | $1.75 | $2.78 | — | -37.1% | — |
| Free Cash Flow | $94M | $364M | — | -74.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $507M |
| R&D Expenses | $0 |
| Selling & Marketing | $24M |
| General & Administrative | $113M |
| SG&A Expenses | $137M |
| Other Expenses | $89M |
| Operating Expenses | $226M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $281M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $265M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $232M |
| Net Income from Discontinued Ops | -$800.0K |
| Other Adjustments | $0 |
| NET INCOME | $231M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $231M |
| D&A | $89M |
| EBIT | $281M |
| EBITDA | $370M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $507M |
| R&D Expenses | $0 |
| Selling & Marketing | $24M |
| General & Administrative | $113M |
| SG&A Expenses | $137M |
| Other Expenses | $89M |
| Operating Expenses | $226M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $281M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $265M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $232M |
| Net Income from Discontinued Ops | -$800.0K |
| Other Adjustments | $0 |
| NET INCOME | $231M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $231M |
| D&A | $89M |
| EBIT | $281M |
| EBITDA | $370M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $232M |
| Depreciation & Amortization | $89M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$168M |
| OPERATING CASH FLOW | $181M |
| Capital Expenditure | -$87M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$84M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$186M |
| Common Dividends Paid | -$144M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$313M |
| FREE CASH FLOW | $94M |
| Net Change in Cash | -$215M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $948M |
| Short-Term Investments | $0 |
| Net Receivables | $68M |
| Inventory | $211M |
| Other Current Assets | $129M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $6.7B |
| Goodwill | $1.0B |
| Intangible Assets | $806M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $307M |
| TOTAL NON-CURRENT ASSETS | $8.9B |
| TOTAL ASSETS | $10.5B |
| Account Payables | $325M |
| Short-Term Debt | $0 |
| Deferred Revenue | $447M |
| Other Current Liabilities | $686M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $937M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $216M |
| Other Non-Current Liabilities | $940M |
| TOTAL NON-CURRENT LIABILITIES | $6.1B |
| TOTAL LIABILITIES | $7.8B |
| Common Stock | $2.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $446M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $10.5B |
| Total Debt | $4.9B |
| Net Debt | $4.0B |
