| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $719M | $812M | $653M | -11.5% | 10.1% |
| Op. Income | $37M | $29M | $10M | 26.8% | 251.2% |
| Gross Margin | 36.2% | -22.6% | 33.4% | 58.9pp | 2.8pp |
| Net Margin | 1.1% | -0.4% | -1.3% | 1.5pp | 2.5pp |
| EPS (Diluted) | $0.16 | $-0.06 | $-0.16 | 365.8% | 200.0% |
| Free Cash Flow | -$18M | $76M | -$19M | -123.8% | 4.9% |
| Item | Amount |
|---|---|
| REVENUE | $719M |
| Cost of Revenue | $458M |
| GROSS PROFIT | $260M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $191M |
| Other Expenses | $33M |
| Operating Expenses | $224M |
| Cost & Expenses | $682M |
| OPERATING INCOME | $37M |
| Interest Income | $100.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $33M |
| EBIT | $37M |
| EBITDA | $70M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $719M |
| Cost of Revenue | $458M |
| GROSS PROFIT | $260M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $191M |
| Other Expenses | $33M |
| Operating Expenses | $224M |
| Cost & Expenses | $682M |
| OPERATING INCOME | $37M |
| Interest Income | $100.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $33M |
| EBIT | $37M |
| EBITDA | $70M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$171M |
| Change in Working Capital | $120M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | -$331M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$357M |
| Net Debt Issuance | $305M |
| Common Stock Repurchased | -$71M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $235M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | -$153M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $0 |
| Net Receivables | $180M |
| Inventory | $0 |
| Other Current Assets | $1.0B |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $506M |
| Goodwill | $846M |
| Intangible Assets | $214M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $206M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $158M |
| Short-Term Debt | $298.0K |
| Deferred Revenue | $72M |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $37M |
| Other Non-Current Liabilities | $74M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $1.1B |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | -$194M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | -$1.0K |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $1.9B |
| Net Debt | $298M |
