| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.4B | $1.2B | 7.9% | 25.0% |
| Op. Income | $423M | $377M | $319M | 12.2% | 32.5% |
| Gross Margin | 44.4% | 44.7% | 46.1% | -0.3pp | -1.7pp |
| Net Margin | 18.8% | 18.1% | 17.6% | 0.7pp | 1.1pp |
| EPS (Diluted) | $1.05 | $0.94 | $0.79 | 11.6% | 33.3% |
| Free Cash Flow | $58M | -$500M | -$130M | 111.7% | 144.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $818M |
| GROSS PROFIT | $654M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $229M |
| Operating Expenses | $231M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $423M |
| Interest Income | $0 |
| Interest Expense | $114M |
| Other Income/Expenses | -$77M |
| INCOME BEFORE TAX | $346M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $276M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $276M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $265M |
| D&A | $170M |
| EBIT | $422M |
| EBITDA | $591M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $818M |
| GROSS PROFIT | $654M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $229M |
| Operating Expenses | $231M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $423M |
| Interest Income | $0 |
| Interest Expense | $114M |
| Other Income/Expenses | -$77M |
| INCOME BEFORE TAX | $346M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $276M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $276M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $265M |
| D&A | $170M |
| EBIT | $422M |
| EBITDA | $591M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $276M |
| Depreciation & Amortization | $170M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $64M |
| Other Non-Cash Items | -$157M |
| Change in Working Capital | $87M |
| OPERATING CASH FLOW | $439M |
| Capital Expenditure | -$381M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$375M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$83M |
| Other Financing Activities | -$730.8K |
| NET CASH FROM FINANCING | -$72M |
| FREE CASH FLOW | $58M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $278M |
| Short-Term Investments | $0 |
| Net Receivables | $796M |
| Inventory | $320M |
| Other Current Assets | $1.0B |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $14.8B |
| Goodwill | $4.1B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.0B |
| Tax Assets | $171M |
| Other Non-Current Assets | $2.6B |
| TOTAL NON-CURRENT ASSETS | $22.6B |
| TOTAL ASSETS | $25.1B |
| Account Payables | $1.0B |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $3.7B |
| Long-Term Debt | $10.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.4B |
| Other Non-Current Liabilities | $2.3B |
| TOTAL NON-CURRENT LIABILITIES | $13.8B |
| TOTAL LIABILITIES | $17.6B |
| Common Stock | $5.4B |
| Additional Paid-In Capital | $58M |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$77M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.5B |
| Minority Interest | $10M |
| TOTAL EQUITY | $7.5B |
| TOTAL LIABILITIES & EQUITY | $25.1B |
| Total Debt | $11.8B |
| Net Debt | $11.5B |
