| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $391M | $360M | $310M | 8.4% | 25.9% |
| Op. Income | $30M | $23M | -$10M | 30.9% | 395.1% |
| Gross Margin | 22.2% | 19.2% | 17.1% | 3.0pp | 5.1pp |
| Net Margin | 4.6% | 5.2% | -4.5% | -0.7pp | 9.1pp |
| EPS (Diluted) | $0.21 | $0.22 | $-0.17 | -4.5% | 223.5% |
| Free Cash Flow | -$40M | $75M | -$6M | -153.5% | -554.1% |
| Item | Amount |
|---|---|
| REVENUE | $391M |
| Cost of Revenue | $304M |
| GROSS PROFIT | $87M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $45M |
| Other Expenses | $1M |
| Operating Expenses | $57M |
| Cost & Expenses | $361M |
| OPERATING INCOME | $30M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $32M |
| EBIT | $30M |
| EBITDA | $62M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $391M |
| Cost of Revenue | $304M |
| GROSS PROFIT | $87M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $45M |
| Other Expenses | $1M |
| Operating Expenses | $57M |
| Cost & Expenses | $361M |
| OPERATING INCOME | $30M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $32M |
| EBIT | $30M |
| EBITDA | $62M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | -$71M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | $35M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$300.0K |
| NET CASH FROM FINANCING | $26M |
| FREE CASH FLOW | -$40M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $113M |
| Short-Term Investments | $0 |
| Net Receivables | $245M |
| Inventory | $266M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $684M |
| PP&E (Net) | $1.7B |
| Goodwill | $189M |
| Intangible Assets | $75M |
| Long-Term Investments | $46M |
| Tax Assets | $136M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $113M |
| Short-Term Debt | $700.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $81M |
| TOTAL CURRENT LIABILITIES | $247M |
| Long-Term Debt | $856M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $136M |
| Other Non-Current Liabilities | $126M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $890M |
| Retained Earnings | $2.0B |
| Treasury Stock | -$1.3B |
| Accum. Other Comp. Income | -$144M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $858M |
| Net Debt | $745M |
