| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $360M | $334M | $296M | 7.9% | 21.8% |
| Op. Income | $23M | $23M | -$20M | 0.9% | 212.7% |
| Gross Margin | 19.2% | 19.8% | 10.3% | -0.6pp | 8.9pp |
| Net Margin | 5.2% | 2.7% | -6.6% | 2.5pp | 11.8pp |
| EPS (Diluted) | $0.22 | $0.11 | $-0.23 | 100.0% | 195.7% |
| Free Cash Flow | $75M | $20M | $105M | 282.6% | -28.6% |
| Item | Amount |
|---|---|
| REVENUE | $360M |
| Cost of Revenue | $291M |
| GROSS PROFIT | $69M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $2M |
| Operating Expenses | $46M |
| Cost & Expenses | $337M |
| OPERATING INCOME | $23M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | $200.0K |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $36M |
| EBIT | $32M |
| EBITDA | $67M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $360M |
| Cost of Revenue | $291M |
| GROSS PROFIT | $69M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $2M |
| Operating Expenses | $46M |
| Cost & Expenses | $337M |
| OPERATING INCOME | $23M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | $200.0K |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $36M |
| EBIT | $32M |
| EBITDA | $67M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $600.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $31M |
| OPERATING CASH FLOW | $88M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$54M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$52M |
| FREE CASH FLOW | $75M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $128M |
| Short-Term Investments | $0 |
| Net Receivables | $191M |
| Inventory | $246M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $616M |
| PP&E (Net) | $1.7B |
| Goodwill | $191M |
| Intangible Assets | $77M |
| Long-Term Investments | $45M |
| Tax Assets | $0 |
| Other Non-Current Assets | $145M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $113M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $60M |
| TOTAL CURRENT LIABILITIES | $248M |
| Long-Term Debt | $821M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $140M |
| Other Non-Current Liabilities | $124M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $879M |
| Retained Earnings | $2.0B |
| Treasury Stock | -$1.3B |
| Accum. Other Comp. Income | -$127M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $823M |
| Net Debt | $696M |
