| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.5B | 1.4% | -11.0% |
| Op. Income | $153M | $84M | $223M | 81.6% | -31.2% |
| Gross Margin | 77.0% | 77.5% | 79.1% | -0.5pp | -2.1pp |
| Net Margin | 7.4% | 2.9% | 9.8% | 4.5pp | -2.5pp |
| EPS (Diluted) | $0.97 | $0.37 | $1.33 | 162.2% | -27.1% |
| Free Cash Flow | $89M | $39M | $77M | 131.7% | 16.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $307M |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $455M |
| Other Expenses | $421M |
| Operating Expenses | $876M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $153M |
| Interest Income | $2M |
| Interest Expense | $31M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $123M |
| Income Tax Expense | $25M |
| 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 | $29M |
| EBIT | $155M |
| EBITDA | $184M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $307M |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $455M |
| Other Expenses | $421M |
| Operating Expenses | $876M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $153M |
| Interest Income | $2M |
| Interest Expense | $31M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $123M |
| Income Tax Expense | $25M |
| 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 | $29M |
| EBIT | $155M |
| EBITDA | $184M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $98M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $131M |
| Capital Expenditure | -$41M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $100.0K |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$116M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$122M |
| FREE CASH FLOW | $89M |
| Net Change in Cash | -$32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $570M |
| Short-Term Investments | $0 |
| Net Receivables | $84M |
| Inventory | $570M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $669M |
| Goodwill | $96M |
| Intangible Assets | $317M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $304M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $90M |
| Short-Term Debt | $29M |
| Deferred Revenue | $82M |
| Other Current Liabilities | $518M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $196M |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $173M |
| Retained Earnings | -$1.1B |
| Treasury Stock | -$329M |
| Accum. Other Comp. Income | -$210M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1.5B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $3.1B |
| Net Debt | $2.5B |
