| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $807M | $739M | $673M | 9.3% | 19.9% |
| Op. Income | $145M | $132M | -$31M | 9.8% | 569.8% |
| Gross Margin | 36.1% | 36.8% | 35.6% | -0.8pp | 0.4pp |
| Net Margin | 12.1% | 9.3% | 0.9% | 2.9pp | 11.2pp |
| EPS (Diluted) | $0.22 | $0.15 | $0.01 | 46.7% | 1494.2% |
| Free Cash Flow | $75M | $229M | $25M | -67.4% | 194.5% |
| Item | Amount |
|---|---|
| REVENUE | $807M |
| Cost of Revenue | $516M |
| GROSS PROFIT | $291M |
| R&D Expenses | $9M |
| Selling & Marketing | -$171M |
| General & Administrative | $281M |
| SG&A Expenses | $109M |
| Other Expenses | $28M |
| Operating Expenses | $146M |
| Cost & Expenses | $662M |
| OPERATING INCOME | $145M |
| Interest Income | $300.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $123M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $98M |
| D&A | $38M |
| EBIT | $6M |
| EBITDA | $43M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $807M |
| Cost of Revenue | $516M |
| GROSS PROFIT | $291M |
| R&D Expenses | $9M |
| Selling & Marketing | -$171M |
| General & Administrative | $281M |
| SG&A Expenses | $109M |
| Other Expenses | $28M |
| Operating Expenses | $146M |
| Cost & Expenses | $662M |
| OPERATING INCOME | $145M |
| Interest Income | $300.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $123M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $98M |
| D&A | $38M |
| EBIT | $6M |
| EBITDA | $43M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $98M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $27M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | -$79M |
| OPERATING CASH FLOW | $109M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | -$400M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$410M |
| FREE CASH FLOW | $75M |
| Net Change in Cash | -$337M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $209M |
| Short-Term Investments | $0 |
| Net Receivables | $291M |
| Inventory | $218M |
| Other Current Assets | $187M |
| TOTAL CURRENT ASSETS | $944M |
| PP&E (Net) | $1.4B |
| Goodwill | $209M |
| Intangible Assets | $174M |
| Long-Term Investments | $0 |
| Tax Assets | $1.3B |
| Other Non-Current Assets | $67M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $174M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $157M |
| TOTAL CURRENT LIABILITIES | $901M |
| Long-Term Debt | $859M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $86M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $231M |
| Additional Paid-In Capital | $225M |
| Retained Earnings | $611M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $923M |
| Net Debt | $714M |
