| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $949M | $806M | $324M | 17.7% | 192.8% |
| Op. Income | $25M | $17M | $17M | 51.8% | 49.1% |
| Gross Margin | 8.7% | 8.9% | 19.0% | -0.2pp | -10.2pp |
| Net Margin | 0.9% | 0.2% | 1.4% | 0.6pp | -0.5pp |
| EPS (Diluted) | $0.51 | $0.11 | $0.28 | 363.6% | 82.1% |
| Free Cash Flow | -$27M | $18M | -$21M | -249.4% | -31.2% |
| Item | Amount |
|---|---|
| REVENUE | $949M |
| Cost of Revenue | $866M |
| GROSS PROFIT | $83M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $30M |
| Other Expenses | $28M |
| Operating Expenses | $58M |
| Cost & Expenses | $924M |
| OPERATING INCOME | $25M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $28M |
| EBIT | $24M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $949M |
| Cost of Revenue | $866M |
| GROSS PROFIT | $83M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $30M |
| Other Expenses | $28M |
| Operating Expenses | $58M |
| Cost & Expenses | $924M |
| OPERATING INCOME | $25M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $28M |
| EBIT | $24M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $900.0K |
| Change in Working Capital | -$41M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | -$500.0K |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | -$27M |
| Net Change in Cash | -$42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $261M |
| Short-Term Investments | $0 |
| Net Receivables | $558M |
| Inventory | $432M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $1.0B |
| Goodwill | $39M |
| Intangible Assets | $64M |
| Long-Term Investments | $18M |
| Tax Assets | $3M |
| Other Non-Current Assets | $90M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $443M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $555M |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $183M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $89M |
| Treasury Stock | -$476M |
| Accum. Other Comp. Income | $14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $708M |
| Minority Interest | $0 |
| TOTAL EQUITY | $708M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $1.1B |
| Net Debt | $816M |
