| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $439M | $439M | — | -0.1% | — |
| Op. Income | $16M | $14M | — | 15.0% | — |
| Gross Margin | 25.4% | 26.6% | — | -1.2pp | — |
| Net Margin | -4.5% | -0.8% | — | -3.7pp | — |
| EPS (Diluted) | $-0.62 | $-0.12 | — | -416.7% | — |
| Free Cash Flow | -$40M | $46M | — | -186.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $439M |
| Cost of Revenue | $327M |
| GROSS PROFIT | $112M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $96M |
| Other Expenses | $0 |
| Operating Expenses | $96M |
| Cost & Expenses | $423M |
| OPERATING INCOME | $16M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $34M |
| EBIT | -$21M |
| EBITDA | $12M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $47.0K |
| Other Non-Cash Items | $33M |
| Change in Working Capital | -$78M |
| OPERATING CASH FLOW | -$27M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $171.0K |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $72M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$725.0K |
| NET CASH FROM FINANCING | $62M |
| FREE CASH FLOW | -$40M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $90M |
| Short-Term Investments | $0 |
| Net Receivables | $314M |
| Inventory | $193M |
| Other Current Assets | $90M |
| TOTAL CURRENT ASSETS | $687M |
| PP&E (Net) | $301M |
| Goodwill | $772M |
| Intangible Assets | $240M |
| Long-Term Investments | $30M |
| Tax Assets | $3M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $112M |
| Short-Term Debt | $29M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $157M |
| TOTAL CURRENT LIABILITIES | $341M |
| Long-Term Debt | $826M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $109M |
| Other Non-Current Liabilities | $70M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $36M |
| Additional Paid-In Capital | $148M |
| Retained Earnings | $808M |
| Treasury Stock | -$188M |
| Accum. Other Comp. Income | -$159M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $645M |
| Minority Interest | -$148.0K |
| TOTAL EQUITY | $645M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $917M |
| Net Debt | $827M |
