| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.2B | -1.8% | 15.4% |
| Op. Income | $67M | $122M | $85M | -44.9% | -20.9% |
| Gross Margin | 15.2% | 17.1% | 18.0% | -1.9pp | -2.9pp |
| Net Margin | 2.2% | 6.0% | 4.2% | -3.8pp | -2.0pp |
| EPS (Diluted) | $0.16 | $0.42 | $0.26 | -61.9% | -38.5% |
| Free Cash Flow | -$38M | -$101M | -$15M | 62.6% | -144.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $215M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $148M |
| Operating Expenses | $148M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $67M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $30.0K |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $80M |
| EBIT | $65M |
| EBITDA | $145M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $215M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $148M |
| Operating Expenses | $148M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $67M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $30.0K |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $80M |
| EBIT | $65M |
| EBITDA | $145M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $32M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $84M |
| Change in Working Capital | $754.0K |
| OPERATING CASH FLOW | $112M |
| Capital Expenditure | -$150M |
| Acquisitions (Net) | -$524.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $144.0K |
| NET CASH FROM INVESTING | -$151M |
| Net Debt Issuance | $106M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$44M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $49M |
| FREE CASH FLOW | -$38M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $65M |
| Short-Term Investments | $0 |
| Net Receivables | $948M |
| Inventory | $380M |
| Other Current Assets | $89M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $5.9B |
| Goodwill | $763M |
| Intangible Assets | $21M |
| Long-Term Investments | $175M |
| Tax Assets | $0 |
| Other Non-Current Assets | $519M |
| TOTAL NON-CURRENT ASSETS | $7.4B |
| TOTAL ASSETS | $9.0B |
| Account Payables | $450M |
| Short-Term Debt | $248M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $96M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $588M |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $4.4B |
| TOTAL LIABILITIES | $5.6B |
| Common Stock | $204M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $1.7B |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | -$41M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $9.0B |
| Total Debt | $3.0B |
| Net Debt | $2.9B |
