| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $680M | $647M | $550M | 5.1% | 23.7% |
| Op. Income | $96M | $61M | $100M | 57.9% | -4.4% |
| Gross Margin | 38.7% | 36.6% | 43.8% | 2.1pp | -5.1pp |
| Net Margin | 8.2% | 0.6% | 15.0% | 7.6pp | -6.7pp |
| EPS (Diluted) | $0.23 | $0.01 | $0.33 | 2200.0% | -30.3% |
| Free Cash Flow | -$15M | $100M | $24M | -115.2% | -162.7% |
| Item | Amount |
|---|---|
| REVENUE | $680M |
| Cost of Revenue | $417M |
| GROSS PROFIT | $263M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $153M |
| Other Expenses | $0 |
| Operating Expenses | $168M |
| Cost & Expenses | $585M |
| OPERATING INCOME | $96M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $76M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $42M |
| EBIT | $96M |
| EBITDA | $138M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $680M |
| Cost of Revenue | $417M |
| GROSS PROFIT | $263M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $153M |
| Other Expenses | $0 |
| Operating Expenses | $168M |
| Cost & Expenses | $585M |
| OPERATING INCOME | $96M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $76M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $42M |
| EBIT | $96M |
| EBITDA | $138M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $56M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $48M |
| Change in Working Capital | -$157M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$23M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$26M |
| NET CASH FROM FINANCING | -$67M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$111M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $219M |
| Short-Term Investments | $0 |
| Net Receivables | $541M |
| Inventory | $323M |
| Other Current Assets | $101M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $275M |
| Goodwill | $2.5B |
| Intangible Assets | $930M |
| Long-Term Investments | $4M |
| Tax Assets | $72M |
| Other Non-Current Assets | $113M |
| TOTAL NON-CURRENT ASSETS | $3.9B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $180M |
| Short-Term Debt | $14M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $207M |
| TOTAL CURRENT LIABILITIES | $400M |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $138M |
| Other Non-Current Liabilities | $186M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | -$1.3B |
| Treasury Stock | -$202M |
| Accum. Other Comp. Income | -$182M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $19M |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $1.9B |
| Net Debt | $1.7B |
