| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $463M | $543M | $451M | -14.7% | 2.7% |
| Op. Income | $32M | $63M | $42M | -49.7% | -23.6% |
| Gross Margin | 41.0% | 45.1% | 42.9% | -4.1pp | -1.9pp |
| Net Margin | 2.4% | 8.1% | 3.9% | -5.7pp | -1.5pp |
| EPS (Diluted) | $0.20 | $0.80 | $0.32 | -75.0% | -37.5% |
| Free Cash Flow | -$88M | $50M | -$93M | -275.4% | 4.6% |
| Item | Amount |
|---|---|
| REVENUE | $463M |
| Cost of Revenue | $273M |
| GROSS PROFIT | $190M |
| R&D Expenses | $13M |
| Selling & Marketing | $46M |
| General & Administrative | $97M |
| SG&A Expenses | $143M |
| Other Expenses | $2M |
| Operating Expenses | $158M |
| Cost & Expenses | $432M |
| OPERATING INCOME | $32M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $21M |
| EBIT | $34M |
| EBITDA | $55M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $463M |
| Cost of Revenue | $273M |
| GROSS PROFIT | $190M |
| R&D Expenses | $13M |
| Selling & Marketing | $46M |
| General & Administrative | $97M |
| SG&A Expenses | $143M |
| Other Expenses | $2M |
| Operating Expenses | $158M |
| Cost & Expenses | $432M |
| OPERATING INCOME | $32M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $21M |
| EBIT | $34M |
| EBITDA | $55M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$100.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$119M |
| OPERATING CASH FLOW | -$79M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$304M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$313M |
| Net Debt Issuance | $199M |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | $156M |
| FREE CASH FLOW | -$88M |
| Net Change in Cash | -$239M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $240M |
| Short-Term Investments | $0 |
| Net Receivables | $234M |
| Inventory | $408M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $967M |
| PP&E (Net) | $357M |
| Goodwill | $1.3B |
| Intangible Assets | $1.0B |
| Long-Term Investments | -$150M |
| Tax Assets | $150M |
| Other Non-Current Assets | $106M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $218M |
| Short-Term Debt | $27M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $183M |
| TOTAL CURRENT LIABILITIES | $484M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $150M |
| Other Non-Current Liabilities | $143M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $869M |
| Treasury Stock | -$767M |
| Accum. Other Comp. Income | -$143M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $1.5B |
| Net Debt | $1.3B |
