| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $843M | $807M | $626M | 4.5% | 34.6% |
| Op. Income | $183M | $145M | $50M | 26.5% | 267.5% |
| Gross Margin | 36.5% | 36.1% | 35.0% | 0.4pp | 1.5pp |
| Net Margin | 14.4% | 12.1% | 1.5% | 2.3pp | 12.9pp |
| EPS (Diluted) | $0.27 | $0.22 | $0.02 | 22.7% | 1250.0% |
| Free Cash Flow | $141M | $75M | $162M | 88.1% | -13.2% |
| Item | Amount |
|---|---|
| REVENUE | $843M |
| Cost of Revenue | $536M |
| GROSS PROFIT | $308M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $119M |
| Other Expenses | -$3M |
| Operating Expenses | $125M |
| Cost & Expenses | $660M |
| OPERATING INCOME | $183M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $173M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $121M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $121M |
| D&A | $38M |
| EBIT | $183M |
| EBITDA | $221M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $843M |
| Cost of Revenue | $536M |
| GROSS PROFIT | $308M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $119M |
| Other Expenses | -$3M |
| Operating Expenses | $125M |
| Cost & Expenses | $660M |
| OPERATING INCOME | $183M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $173M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $121M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $121M |
| D&A | $38M |
| EBIT | $183M |
| EBITDA | $221M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $121M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $28M |
| Other Non-Cash Items | -$16M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $184M |
| Capital Expenditure | -$43M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$500.0K |
| NET CASH FROM INVESTING | -$44M |
| Net Debt Issuance | $70M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$310M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$240M |
| FREE CASH FLOW | $141M |
| Net Change in Cash | -$100M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $131M |
| Short-Term Investments | $0 |
| Net Receivables | $338M |
| Inventory | $227M |
| Other Current Assets | $122M |
| TOTAL CURRENT ASSETS | $859M |
| PP&E (Net) | $1.4B |
| Goodwill | $213M |
| Intangible Assets | $176M |
| Long-Term Investments | $0 |
| Tax Assets | $1.2B |
| Other Non-Current Assets | $64M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $350M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $150M |
| TOTAL CURRENT LIABILITIES | $603M |
| Long-Term Debt | $937M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $84M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $232M |
| Additional Paid-In Capital | $229M |
| Retained Earnings | $733M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $1.0B |
| Net Debt | $872M |
