| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $2.4B | $2.0B | -14.0% | 0.4% |
| Op. Income | $130M | $333M | $306M | -61.1% | -57.6% |
| Gross Margin | 56.7% | 60.0% | 60.0% | -3.3pp | -3.3pp |
| Net Margin | 4.8% | 11.0% | 11.5% | -6.2pp | -6.7pp |
| EPS (Diluted) | $0.88 | $2.33 | $2.10 | -62.2% | -58.1% |
| Free Cash Flow | -$3M | $294M | $195M | -101.0% | -101.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $880M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $602M |
| SG&A Expenses | $602M |
| Other Expenses | $422M |
| Operating Expenses | $1.0B |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $130M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $130M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $98M |
| D&A | $41M |
| EBIT | $150M |
| EBITDA | $191M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $880M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $602M |
| SG&A Expenses | $602M |
| Other Expenses | $422M |
| Operating Expenses | $1.0B |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $130M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $130M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $98M |
| D&A | $41M |
| EBIT | $150M |
| EBITDA | $191M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $98M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $43M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $97M |
| Change in Working Capital | -$239M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$43M |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | -$764M |
| Sales/Maturities of Investments | $748M |
| Other Investing Activities | -$39M |
| NET CASH FROM INVESTING | -$107M |
| Net Debt Issuance | $17M |
| Common Stock Repurchased | -$108M |
| Common Dividends Paid | -$56M |
| Other Financing Activities | $691M |
| NET CASH FROM FINANCING | $543M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $476M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $0 |
| Other Current Assets | -$2.9B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $766M |
| Goodwill | $1.6B |
| Intangible Assets | $796M |
| Long-Term Investments | $10.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$13.2B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $16.5B |
| Account Payables | $1.1B |
| Short-Term Debt | $558M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1.6B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $201M |
| Deferred Tax Liabilities | $345M |
| Other Non-Current Liabilities | -$2.5B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $11.1B |
| Common Stock | $0 |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $3.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$461M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.4B |
| Minority Interest | $16M |
| TOTAL EQUITY | $5.4B |
| TOTAL LIABILITIES & EQUITY | $16.5B |
| Total Debt | $2.5B |
| Net Debt | $711M |
