| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.1B | $5.4B | $4.9B | -4.4% | 4.4% |
| Op. Income | $139M | $167M | $98M | -16.7% | 41.0% |
| Gross Margin | 17.4% | 17.2% | 15.6% | 0.2pp | 1.8pp |
| Net Margin | 1.8% | 2.1% | 1.3% | -0.3pp | 0.5pp |
| EPS (Diluted) | $1.68 | $2.02 | $1.11 | -16.8% | 51.4% |
| Free Cash Flow | $51M | $237M | $128M | -78.4% | -60.1% |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $897M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $758M |
| Other Expenses | $0 |
| Operating Expenses | $758M |
| Cost & Expenses | $5.0B |
| OPERATING INCOME | $139M |
| Interest Income | $3M |
| Interest Expense | $10M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $136M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $92M |
| D&A | $21M |
| EBIT | $142M |
| EBITDA | $164M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $897M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $758M |
| Other Expenses | $0 |
| Operating Expenses | $758M |
| Cost & Expenses | $5.0B |
| OPERATING INCOME | $139M |
| Interest Income | $3M |
| Interest Expense | $10M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $136M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $92M |
| D&A | $21M |
| EBIT | $142M |
| EBITDA | $164M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $92M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$66M |
| OPERATING CASH FLOW | $71M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $800.0K |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$28M |
| Common Stock Repurchased | -$60M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$96M |
| FREE CASH FLOW | $51M |
| Net Change in Cash | -$71M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $777M |
| Short-Term Investments | $0 |
| Net Receivables | $5.4B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.4B |
| PP&E (Net) | $465M |
| Goodwill | $1.7B |
| Intangible Assets | $573M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $604M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $9.7B |
| Account Payables | $3.2B |
| Short-Term Debt | $513M |
| Deferred Revenue | $34M |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $5.7B |
| Long-Term Debt | $551M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $660M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $7.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.5B |
| Retained Earnings | $3.7B |
| Treasury Stock | -$4.2B |
| Accum. Other Comp. Income | -$400M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $11M |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $9.7B |
| Total Debt | $1.4B |
| Net Debt | $649M |
