| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.3B | $6.3B | $5.2B | 1.2% | 23.1% |
| Op. Income | $255M | $284M | $98M | -10.2% | 160.2% |
| Gross Margin | 7.4% | 8.1% | 5.9% | -0.7pp | 1.5pp |
| Net Margin | 3.2% | 3.8% | 1.0% | -0.6pp | 2.2pp |
| EPS (Diluted) | $0.41 | $0.47 | $0.10 | -12.8% | 310.0% |
| Free Cash Flow | $216M | $71M | -$739M | 204.2% | 129.2% |
| Item | Amount |
|---|---|
| REVENUE | $6.3B |
| Cost of Revenue | $5.9B |
| GROSS PROFIT | $471M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $201M |
| Other Expenses | $15M |
| Operating Expenses | $216M |
| Cost & Expenses | $6.1B |
| OPERATING INCOME | $255M |
| Interest Income | $4M |
| Interest Expense | $39M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $233M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $206M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $206M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $206M |
| D&A | $118M |
| EBIT | $255M |
| EBITDA | $373M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6.3B |
| Cost of Revenue | $5.9B |
| GROSS PROFIT | $471M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $201M |
| Other Expenses | $15M |
| Operating Expenses | $216M |
| Cost & Expenses | $6.1B |
| OPERATING INCOME | $255M |
| Interest Income | $4M |
| Interest Expense | $39M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $233M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $206M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $206M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $206M |
| D&A | $118M |
| EBIT | $255M |
| EBITDA | $373M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $206M |
| Depreciation & Amortization | $118M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$20M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $334M |
| Capital Expenditure | -$118M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$113M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$162M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$166M |
| FREE CASH FLOW | $216M |
| Net Change in Cash | $56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.7B |
| Short-Term Investments | $0 |
| Net Receivables | $4.0B |
| Inventory | $4.4B |
| Other Current Assets | $591M |
| TOTAL CURRENT ASSETS | $11.7B |
| PP&E (Net) | $2.7B |
| Goodwill | $1.1B |
| Intangible Assets | $199M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $453M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $16.2B |
| Account Payables | $5.4B |
| Short-Term Debt | $274M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.0B |
| TOTAL CURRENT LIABILITIES | $8.1B |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $491M |
| TOTAL NON-CURRENT LIABILITIES | $4.5B |
| TOTAL LIABILITIES | $12.7B |
| Common Stock | $6.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$2.1B |
| Treasury Stock | -$388M |
| Accum. Other Comp. Income | -$111M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $16.2B |
| Total Debt | $4.3B |
| Net Debt | $1.6B |
