| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $287M | $263M | $245M | 9.3% | 17.2% |
| Op. Income | $16M | $21M | $14M | -22.9% | 15.0% |
| Gross Margin | 16.4% | 16.6% | 14.0% | -0.2pp | 2.3pp |
| Net Margin | 5.2% | 7.1% | 5.1% | -1.9pp | 0.1pp |
| EPS (Diluted) | $0.51 | $0.64 | $0.51 | -20.3% | 0.0% |
| Free Cash Flow | -$11M | -$18M | $38M | 36.7% | -129.6% |
| Item | Amount |
|---|---|
| REVENUE | $287M |
| Cost of Revenue | $240M |
| GROSS PROFIT | $47M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $22M |
| Other Expenses | $5M |
| Operating Expenses | $31M |
| Cost & Expenses | $271M |
| OPERATING INCOME | $16M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | -$672.0K |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $8M |
| EBIT | $16M |
| EBITDA | $24M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $287M |
| Cost of Revenue | $240M |
| GROSS PROFIT | $47M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $22M |
| Other Expenses | $5M |
| Operating Expenses | $31M |
| Cost & Expenses | $271M |
| OPERATING INCOME | $16M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | -$672.0K |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $8M |
| EBIT | $16M |
| EBITDA | $24M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$51M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$269M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $99M |
| NET CASH FROM INVESTING | -$172M |
| Net Debt Issuance | -$102M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $232M |
| NET CASH FROM FINANCING | $129M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $75M |
| Short-Term Investments | $0 |
| Net Receivables | $143M |
| Inventory | $236M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $463M |
| PP&E (Net) | $115M |
| Goodwill | $336M |
| Intangible Assets | $90M |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $558M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $160M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $208M |
| Long-Term Debt | $285M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $38.0K |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $312M |
| TOTAL LIABILITIES | $520M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $417M |
| Retained Earnings | $175M |
| Treasury Stock | -$92M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $501M |
| Minority Interest | $0 |
| TOTAL EQUITY | $501M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $323M |
| Net Debt | $247M |
