| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $293M | $287M | $265M | 2.1% | 10.8% |
| Op. Income | $10M | $16M | $18M | -36.0% | -42.7% |
| Gross Margin | 15.0% | 16.4% | 14.9% | -1.4pp | 0.1pp |
| Net Margin | 2.7% | 5.2% | 5.5% | -2.4pp | -2.8pp |
| EPS (Diluted) | $0.28 | $0.51 | $0.51 | -45.1% | -45.1% |
| Free Cash Flow | -$40M | -$11M | $20M | -252.1% | -296.0% |
| Item | Amount |
|---|---|
| REVENUE | $293M |
| Cost of Revenue | $249M |
| GROSS PROFIT | $44M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | $5M |
| Operating Expenses | $33M |
| Cost & Expenses | $283M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $810.0K |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $9M |
| EBIT | $10M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $293M |
| Cost of Revenue | $249M |
| GROSS PROFIT | $44M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | $5M |
| Operating Expenses | $33M |
| Cost & Expenses | $283M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $810.0K |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $9M |
| EBIT | $10M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$18M |
| Change in Working Capital | -$38M |
| OPERATING CASH FLOW | -$36M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$777.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$40M |
| Net Change in Cash | -$41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $0 |
| Net Receivables | $154M |
| Inventory | $264M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $460M |
| PP&E (Net) | $120M |
| Goodwill | $336M |
| Intangible Assets | $85M |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $561M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $143M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $194M |
| Long-Term Debt | $283M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $38.0K |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $314M |
| TOTAL LIABILITIES | $509M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $421M |
| Retained Earnings | $183M |
| Treasury Stock | -$92M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $512M |
| Minority Interest | $0 |
| TOTAL EQUITY | $512M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $325M |
| Net Debt | $291M |
