| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.1B | — | $4.5B | — | -8.0% |
| Op. Income | $90M | — | -$48M | — | 287.5% |
| Gross Margin | 11.2% | — | 8.5% | — | 2.7pp |
| Net Margin | 6.7% | — | -4.6% | — | 11.3pp |
| EPS (Diluted) | $1.07 | — | $-0.81 | — | 232.1% |
| Free Cash Flow | -$127M | — | $24M | — | -629.2% |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $464M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $374M |
| Other Expenses | $0 |
| Operating Expenses | $374M |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $90M |
| Interest Income | $20M |
| Interest Expense | $62M |
| Other Income/Expenses | $334M |
| INCOME BEFORE TAX | $424M |
| Income Tax Expense | $142M |
| Net Income from Continuing Ops | $282M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $278M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $278M |
| D&A | $427M |
| EBIT | $486M |
| EBITDA | $913M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $464M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $374M |
| Other Expenses | $0 |
| Operating Expenses | $374M |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $90M |
| Interest Income | $20M |
| Interest Expense | $62M |
| Other Income/Expenses | $334M |
| INCOME BEFORE TAX | $424M |
| Income Tax Expense | $142M |
| Net Income from Continuing Ops | $282M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $278M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $278M |
| D&A | $427M |
| EBIT | $486M |
| EBITDA | $913M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $278M |
| Depreciation & Amortization | $427M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$25M |
| Other Non-Cash Items | -$235M |
| Change in Working Capital | -$474M |
| OPERATING CASH FLOW | -$29M |
| Capital Expenditure | -$98M |
| Acquisitions (Net) | $580M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | $311M |
| Net Debt Issuance | -$805M |
| Common Stock Repurchased | -$48M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$22M |
| NET CASH FROM FINANCING | -$866M |
| FREE CASH FLOW | -$127M |
| Net Change in Cash | -$508M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.5B |
| Short-Term Investments | $0 |
| Net Receivables | $4.1B |
| Inventory | $0 |
| Other Current Assets | $341M |
| TOTAL CURRENT ASSETS | $7.5B |
| PP&E (Net) | $4.1B |
| Goodwill | $639M |
| Intangible Assets | $3.9B |
| Long-Term Investments | $0 |
| Tax Assets | $238M |
| Other Non-Current Assets | $4.4B |
| TOTAL NON-CURRENT ASSETS | $13.3B |
| TOTAL ASSETS | $20.9B |
| Account Payables | $857M |
| Short-Term Debt | $457M |
| Deferred Revenue | $1.0B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $7.4B |
| Long-Term Debt | $3.7B |
| Deferred Revenue NC | $598M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.4B |
| TOTAL NON-CURRENT LIABILITIES | $8.1B |
| TOTAL LIABILITIES | $15.5B |
| Common Stock | $3M |
| Additional Paid-In Capital | $10.7B |
| Retained Earnings | -$5.0B |
| Treasury Stock | -$168M |
| Accum. Other Comp. Income | -$426M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.1B |
| Minority Interest | $309M |
| TOTAL EQUITY | $5.4B |
| TOTAL LIABILITIES & EQUITY | $20.9B |
| Total Debt | $6.3B |
| Net Debt | $3.9B |
