| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $345M | $278M | $339M | 23.8% | 1.8% |
| Op. Income | $74M | $69M | $89M | 7.3% | -17.1% |
| Gross Margin | 33.5% | 34.1% | 36.1% | -0.6pp | -2.6pp |
| Net Margin | 11.4% | 14.0% | 15.0% | -2.6pp | -3.6pp |
| EPS (Diluted) | $1.85 | $1.80 | $2.21 | 2.8% | -16.3% |
| Free Cash Flow | $25M | $45M | $55M | -45.7% | -55.3% |
| Item | Amount |
|---|---|
| REVENUE | $345M |
| Cost of Revenue | $229M |
| GROSS PROFIT | $115M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $16M |
| Operating Expenses | $42M |
| Cost & Expenses | $271M |
| OPERATING INCOME | $74M |
| Interest Income | $86.0K |
| Interest Expense | $20M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $39M |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $12M |
| EBIT | $74M |
| EBITDA | $87M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $345M |
| Cost of Revenue | $229M |
| GROSS PROFIT | $115M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $16M |
| Operating Expenses | $42M |
| Cost & Expenses | $271M |
| OPERATING INCOME | $74M |
| Interest Income | $86.0K |
| Interest Expense | $20M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $39M |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $12M |
| EBIT | $74M |
| EBITDA | $87M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$223.0K |
| Common Stock Repurchased | -$795.0K |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $70M |
| Short-Term Investments | $0 |
| Net Receivables | $55M |
| Inventory | $3M |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $163M |
| PP&E (Net) | $1.3B |
| Goodwill | $48M |
| Intangible Assets | $403.0K |
| Long-Term Investments | $0 |
| Tax Assets | $48M |
| Other Non-Current Assets | $229M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $22M |
| Short-Term Debt | $914.0K |
| Deferred Revenue | $4M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $278M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $35M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $115M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $826.0K |
| Additional Paid-In Capital | $502M |
| Retained Earnings | $1.8B |
| Treasury Stock | -$3.0B |
| Accum. Other Comp. Income | -$74M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$786M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$786M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $2.3B |
| Net Debt | $2.2B |
