| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $459M | $498M | $354M | -7.8% | 29.6% |
| Op. Income | $18M | $2M | $11M | 877.8% | 64.5% |
| Gross Margin | 18.5% | 16.0% | 19.3% | 2.6pp | -0.8pp |
| Net Margin | 0.7% | -0.7% | -0.9% | 1.4pp | 1.6pp |
| EPS (Diluted) | $0.09 | $-0.10 | $-0.09 | 187.2% | 197.9% |
| Free Cash Flow | -$3M | -$10M | $33M | 69.0% | -109.5% |
| Item | Amount |
|---|---|
| REVENUE | $459M |
| Cost of Revenue | $374M |
| GROSS PROFIT | $85M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $67M |
| Other Expenses | $900.0K |
| Operating Expenses | $67M |
| Cost & Expenses | $441M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $17M |
| EBIT | $17M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $459M |
| Cost of Revenue | $374M |
| GROSS PROFIT | $85M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $67M |
| Other Expenses | $900.0K |
| Operating Expenses | $67M |
| Cost & Expenses | $441M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $17M |
| EBIT | $17M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52M |
| Short-Term Investments | $0 |
| Net Receivables | $257M |
| Inventory | $643M |
| Other Current Assets | $36M |
| TOTAL CURRENT ASSETS | $987M |
| PP&E (Net) | $378M |
| Goodwill | $251M |
| Intangible Assets | $137M |
| Long-Term Investments | -$5M |
| Tax Assets | $5M |
| Other Non-Current Assets | $42M |
| TOTAL NON-CURRENT ASSETS | $807M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $285M |
| Short-Term Debt | $9M |
| Deferred Revenue | $26M |
| Other Current Liabilities | $180M |
| TOTAL CURRENT LIABILITIES | $568M |
| Long-Term Debt | $380M |
| Deferred Revenue NC | $21M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $132M |
| TOTAL NON-CURRENT LIABILITIES | $565M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $400.0K |
| Additional Paid-In Capital | $602M |
| Retained Earnings | $231M |
| Treasury Stock | -$63M |
| Accum. Other Comp. Income | -$109M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $662M |
| Minority Interest | $0 |
| TOTAL EQUITY | $662M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $416M |
| Net Debt | $364M |
