| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $724M | $724M | $684M | -0.0% | 5.9% |
| Op. Income | $53M | $55M | $62M | -2.6% | -13.8% |
| Gross Margin | 24.0% | 27.0% | 27.7% | -3.0pp | -3.7pp |
| Net Margin | 6.4% | 4.8% | 5.5% | 1.6pp | 0.9pp |
| EPS (Diluted) | $1.44 | $1.07 | $1.17 | 34.6% | 23.1% |
| Free Cash Flow | $120M | $22M | $74M | 434.2% | 62.8% |
| Item | Amount |
|---|---|
| REVENUE | $724M |
| Cost of Revenue | $550M |
| GROSS PROFIT | $174M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $112M |
| Other Expenses | $0 |
| Operating Expenses | $120M |
| Cost & Expenses | $671M |
| OPERATING INCOME | $53M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $23M |
| EBIT | $53M |
| EBITDA | $76M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $724M |
| Cost of Revenue | $550M |
| GROSS PROFIT | $174M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $112M |
| Other Expenses | $0 |
| Operating Expenses | $120M |
| Cost & Expenses | $671M |
| OPERATING INCOME | $53M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $23M |
| EBIT | $53M |
| EBITDA | $76M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | $92M |
| OPERATING CASH FLOW | $157M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $37M |
| NET CASH FROM INVESTING | $277.0K |
| Net Debt Issuance | -$129M |
| Common Stock Repurchased | -$19M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$152M |
| FREE CASH FLOW | $120M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $105M |
| Short-Term Investments | $0 |
| Net Receivables | $892M |
| Inventory | $597M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $726M |
| Goodwill | $842M |
| Intangible Assets | $102M |
| Long-Term Investments | $23.0K |
| Tax Assets | $18M |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $178M |
| Short-Term Debt | $367.0K |
| Deferred Revenue | $368M |
| Other Current Liabilities | $206M |
| TOTAL CURRENT LIABILITIES | $845M |
| Long-Term Debt | $775M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $74M |
| Other Non-Current Liabilities | $266M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $51M |
| Additional Paid-In Capital | $519M |
| Retained Earnings | $2.3B |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | -$316M |
| Other Equity | -$83M |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $776M |
| Net Debt | $670M |
