| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.3B | $6.7B | — | -6.8% | — |
| Op. Income | $284M | $240M | — | 18.3% | — |
| Gross Margin | 8.1% | 7.1% | — | 1.0pp | — |
| Net Margin | 3.8% | 3.1% | — | 0.7pp | — |
| EPS (Diluted) | $0.47 | $0.41 | — | 14.6% | — |
| Free Cash Flow | $71M | $272M | — | -73.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $6.3B |
| Cost of Revenue | $5.8B |
| GROSS PROFIT | $510M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $211M |
| Other Expenses | $15M |
| Operating Expenses | $226M |
| Cost & Expenses | $6.0B |
| OPERATING INCOME | $284M |
| Interest Income | $0 |
| Interest Expense | $36M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $260M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $240M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $240M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $240M |
| D&A | $43M |
| EBIT | $340M |
| EBITDA | $383M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6.3B |
| Cost of Revenue | $5.8B |
| GROSS PROFIT | $510M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $211M |
| Other Expenses | $15M |
| Operating Expenses | $226M |
| Cost & Expenses | $6.0B |
| OPERATING INCOME | $284M |
| Interest Income | $0 |
| Interest Expense | $36M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $260M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $240M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $240M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $240M |
| D&A | $43M |
| EBIT | $340M |
| EBITDA | $383M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $240M |
| Depreciation & Amortization | $54M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $248M |
| Change in Working Capital | -$398M |
| OPERATING CASH FLOW | $161M |
| Capital Expenditure | -$90M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $114M |
| NET CASH FROM INVESTING | $24M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | -$145M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$150M |
| FREE CASH FLOW | $71M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $0 |
| Net Receivables | $4.2B |
| Inventory | $3.9B |
| Other Current Assets | $590M |
| TOTAL CURRENT ASSETS | $11.4B |
| PP&E (Net) | $2.7B |
| Goodwill | $1.1B |
| Intangible Assets | $213M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $431M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $15.8B |
| Account Payables | $5.2B |
| Short-Term Debt | $268M |
| Deferred Revenue | $848M |
| Other Current Liabilities | $998M |
| TOTAL CURRENT LIABILITIES | $7.8B |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $489M |
| TOTAL NON-CURRENT LIABILITIES | $4.6B |
| TOTAL LIABILITIES | $12.4B |
| Common Stock | $6.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$2.3B |
| Treasury Stock | -$388M |
| Accum. Other Comp. Income | -$119M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $15.8B |
| Total Debt | $4.3B |
| Net Debt | $1.7B |
