| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.5B | $5.5B | $5.2B | -0.3% | 4.0% |
| Op. Income | $274M | $329M | $300M | -16.9% | -8.8% |
| Gross Margin | 15.2% | 14.8% | 15.0% | 0.4pp | 0.2pp |
| Net Margin | 3.8% | 4.3% | 4.1% | -0.5pp | -0.2pp |
| EPS (Diluted) | $1.27 | $1.42 | $1.30 | -10.6% | -2.3% |
| Free Cash Flow | -$241M | -$53M | -$201M | -352.2% | -19.8% |
| Item | Amount |
|---|---|
| REVENUE | $5.5B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $830M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $556M |
| Other Expenses | $0 |
| Operating Expenses | $556M |
| Cost & Expenses | $5.2B |
| OPERATING INCOME | $274M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $262M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $210M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $210M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $210M |
| D&A | $62M |
| EBIT | $283M |
| EBITDA | $344M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.5B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $830M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $556M |
| Other Expenses | $0 |
| Operating Expenses | $556M |
| Cost & Expenses | $5.2B |
| OPERATING INCOME | $274M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $262M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $210M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $210M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $210M |
| D&A | $62M |
| EBIT | $283M |
| EBITDA | $344M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $210M |
| Depreciation & Amortization | $62M |
| Stock-Based Compensation | $48M |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$520M |
| OPERATING CASH FLOW | -$201M |
| Capital Expenditure | -$41M |
| Acquisitions (Net) | $41M |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $138M |
| Common Stock Repurchased | -$71M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $110M |
| FREE CASH FLOW | -$241M |
| Net Change in Cash | -$96M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $132M |
| Short-Term Investments | $0 |
| Net Receivables | $239M |
| Inventory | $3.2B |
| Other Current Assets | $588M |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $3.5B |
| Goodwill | $653.0K |
| Intangible Assets | $0 |
| Long-Term Investments | $153M |
| Tax Assets | $164M |
| Other Non-Current Assets | $13.6B |
| TOTAL NON-CURRENT ASSETS | $17.4B |
| TOTAL ASSETS | $21.5B |
| Account Payables | $799M |
| Short-Term Debt | $453M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $151M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $14.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $315M |
| TOTAL NON-CURRENT LIABILITIES | $15.5B |
| TOTAL LIABILITIES | $17.2B |
| Common Stock | $82M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $2.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$119M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.4B |
| TOTAL LIABILITIES & EQUITY | $21.5B |
| Total Debt | $15.6B |
| Net Debt | $15.5B |
