| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $650M | $635M | $513M | 2.3% | 26.7% |
| Op. Income | $163M | $160M | $114M | 2.4% | 43.3% |
| Gross Margin | 47.7% | 46.5% | 45.8% | 1.2pp | 1.9pp |
| Net Margin | 19.3% | 18.6% | 16.5% | 0.7pp | 2.8pp |
| EPS (Diluted) | $0.92 | $0.87 | $0.62 | 5.7% | 48.4% |
| Free Cash Flow | -$21M | $39M | $10M | -152.4% | -310.7% |
| Item | Amount |
|---|---|
| REVENUE | $650M |
| Cost of Revenue | $340M |
| GROSS PROFIT | $310M |
| R&D Expenses | $47M |
| Selling & Marketing | $0 |
| General & Administrative | $87M |
| SG&A Expenses | $87M |
| Other Expenses | $13M |
| Operating Expenses | $146M |
| Cost & Expenses | $486M |
| OPERATING INCOME | $163M |
| Interest Income | $12.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $146M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $126M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $126M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $126M |
| D&A | $37M |
| EBIT | $158M |
| EBITDA | $195M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $650M |
| Cost of Revenue | $340M |
| GROSS PROFIT | $310M |
| R&D Expenses | $47M |
| Selling & Marketing | $0 |
| General & Administrative | $87M |
| SG&A Expenses | $87M |
| Other Expenses | $13M |
| Operating Expenses | $146M |
| Cost & Expenses | $486M |
| OPERATING INCOME | $163M |
| Interest Income | $12.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $146M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $126M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $126M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $126M |
| D&A | $37M |
| EBIT | $158M |
| EBITDA | $195M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $126M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$108M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$84M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$83M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$14M |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | -$28M |
| FREE CASH FLOW | -$21M |
| Net Change in Cash | -$50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $353M |
| Short-Term Investments | $0 |
| Net Receivables | $373M |
| Inventory | $546M |
| Other Current Assets | $98M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $768M |
| Goodwill | $794M |
| Intangible Assets | $322M |
| Long-Term Investments | $0 |
| Tax Assets | $18M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $134M |
| Short-Term Debt | $0 |
| Deferred Revenue | $28M |
| Other Current Liabilities | $90M |
| TOTAL CURRENT LIABILITIES | $372M |
| Long-Term Debt | $937M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $54M |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $876M |
| Retained Earnings | $992M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | -$42M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $999M |
| Net Debt | $647M |
