| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $647M | $616M | $537M | 5.0% | 20.6% |
| Op. Income | $61M | $69M | $80M | -11.7% | -24.4% |
| Gross Margin | 36.6% | 39.7% | 41.5% | -3.1pp | -4.9pp |
| Net Margin | 0.6% | 5.8% | 5.6% | -5.2pp | -5.0pp |
| EPS (Diluted) | $0.01 | $0.15 | $0.12 | -93.3% | -91.7% |
| Free Cash Flow | $100M | $81M | $75M | 23.1% | 33.5% |
| Item | Amount |
|---|---|
| REVENUE | $647M |
| Cost of Revenue | $410M |
| GROSS PROFIT | $237M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $163M |
| Other Expenses | $0 |
| Operating Expenses | $176M |
| Cost & Expenses | $586M |
| OPERATING INCOME | $61M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $43M |
| EBIT | $72M |
| EBITDA | $115M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $647M |
| Cost of Revenue | $410M |
| GROSS PROFIT | $237M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $163M |
| Other Expenses | $0 |
| Operating Expenses | $176M |
| Cost & Expenses | $586M |
| OPERATING INCOME | $61M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $43M |
| EBIT | $72M |
| EBITDA | $115M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $43M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$22M |
| Change in Working Capital | $87M |
| OPERATING CASH FLOW | $118M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$100.0K |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$46M |
| FREE CASH FLOW | $100M |
| Net Change in Cash | $51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $330M |
| Short-Term Investments | $0 |
| Net Receivables | $492M |
| Inventory | $274M |
| Other Current Assets | $88M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $278M |
| Goodwill | $2.5B |
| Intangible Assets | $957M |
| Long-Term Investments | $12M |
| Tax Assets | $82M |
| Other Non-Current Assets | $69M |
| TOTAL NON-CURRENT ASSETS | $3.9B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $138M |
| Short-Term Debt | $13M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $90M |
| TOTAL CURRENT LIABILITIES | $415M |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $140M |
| Other Non-Current Liabilities | $146M |
| 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 | -$159M |
| Accum. Other Comp. Income | -$197M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $20M |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $2.0B |
| Net Debt | $1.6B |
