| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.8B | $1.6B | 7.8% | 17.2% |
| Op. Income | $210M | $86M | -$170M | 144.2% | 223.5% |
| Gross Margin | 20.0% | 16.5% | 21.7% | 3.5pp | -1.7pp |
| Net Margin | 6.9% | 3.8% | -15.2% | 3.1pp | 22.1pp |
| EPS (Diluted) | $1.92 | $0.99 | $-3.66 | 93.9% | 152.5% |
| Free Cash Flow | -$137M | $36M | -$43M | -480.6% | -218.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $379M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $169M |
| Operating Expenses | $169M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $210M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $187M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $133M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $130M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $130M |
| D&A | $53M |
| EBIT | $211M |
| EBITDA | $264M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $379M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $169M |
| Operating Expenses | $169M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $210M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $187M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $133M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $130M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $130M |
| D&A | $53M |
| EBIT | $211M |
| EBITDA | $264M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $130M |
| Depreciation & Amortization | $53M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$25M |
| Change in Working Capital | -$217M |
| OPERATING CASH FLOW | -$52M |
| Capital Expenditure | -$85M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$76M |
| Net Debt Issuance | $24M |
| Common Stock Repurchased | -$39M |
| Common Dividends Paid | -$43M |
| Other Financing Activities | $177M |
| NET CASH FROM FINANCING | $119M |
| FREE CASH FLOW | -$137M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $324M |
| Short-Term Investments | $5M |
| Net Receivables | $1.4B |
| Inventory | $1.3B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $2.4B |
| Goodwill | $0 |
| Intangible Assets | $1.3B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $521M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $7.4B |
| Account Payables | $0 |
| Short-Term Debt | $514M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $561M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $4.0B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$763M |
| Other Equity | $31M |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $90M |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $7.4B |
| Total Debt | $2.3B |
| Net Debt | $1.9B |
