| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.1B | $946M | 4.0% | 21.7% |
| Op. Income | $84M | $70M | $89M | 19.7% | -6.1% |
| Gross Margin | 17.9% | 17.9% | 21.1% | -0.0pp | -3.2pp |
| Net Margin | 4.6% | 4.7% | 6.8% | -0.1pp | -2.1pp |
| EPS (Diluted) | $0.85 | $0.83 | $1.03 | 2.4% | -17.5% |
| Free Cash Flow | -$9M | $266M | $89M | -103.5% | -110.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $945M |
| GROSS PROFIT | $206M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $122M |
| Other Expenses | $0 |
| Operating Expenses | $122M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $84M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $34M |
| EBIT | $81M |
| EBITDA | $115M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $945M |
| GROSS PROFIT | $206M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $122M |
| Other Expenses | $0 |
| Operating Expenses | $122M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $84M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $34M |
| EBIT | $81M |
| EBITDA | $115M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $53M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$229.0K |
| Other Non-Cash Items | $649.0K |
| Change in Working Capital | -$99M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $83M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | $55M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | $46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $203M |
| Short-Term Investments | $0 |
| Net Receivables | $852M |
| Inventory | $0 |
| Other Current Assets | $93M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $231M |
| Goodwill | $1.8B |
| Intangible Assets | $912M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $112M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $273M |
| Short-Term Debt | $149M |
| Deferred Revenue | $112M |
| Other Current Liabilities | $43M |
| TOTAL CURRENT LIABILITIES | $711M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $29M |
| Deferred Tax Liabilities | $196M |
| Other Non-Current Liabilities | $83M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $543M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$37M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $1.8B |
| Net Debt | $1.6B |
