| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $519M | $477M | $453M | 8.8% | 14.7% |
| Op. Income | $68M | $55M | $59M | 23.9% | 15.3% |
| Gross Margin | 23.4% | 22.2% | 24.7% | 1.2pp | -1.3pp |
| Net Margin | 8.5% | 8.6% | 8.8% | -0.1pp | -0.3pp |
| EPS (Diluted) | $1.33 | $1.23 | $1.17 | 8.1% | 13.7% |
| Free Cash Flow | -$19M | $46M | $33M | -140.4% | -156.3% |
| Item | Amount |
|---|---|
| REVENUE | $519M |
| Cost of Revenue | $397M |
| GROSS PROFIT | $122M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $49M |
| Other Expenses | $0 |
| Operating Expenses | $54M |
| Cost & Expenses | $451M |
| OPERATING INCOME | $68M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $27M |
| EBIT | $66M |
| EBITDA | $93M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $519M |
| Cost of Revenue | $397M |
| GROSS PROFIT | $122M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $49M |
| Other Expenses | $0 |
| Operating Expenses | $54M |
| Cost & Expenses | $451M |
| OPERATING INCOME | $68M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $27M |
| EBIT | $66M |
| EBITDA | $93M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $44M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$78M |
| OPERATING CASH FLOW | $300.0K |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $30M |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $288M |
| Short-Term Investments | $5M |
| Net Receivables | $397M |
| Inventory | $334M |
| Other Current Assets | $66M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $1.0B |
| Goodwill | $906M |
| Intangible Assets | $248M |
| Long-Term Investments | $10M |
| Tax Assets | $23M |
| Other Non-Current Assets | $103M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $219M |
| Short-Term Debt | $111M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $126M |
| TOTAL CURRENT LIABILITIES | $455M |
| Long-Term Debt | $937M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $189M |
| Other Non-Current Liabilities | $242M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $5M |
| Additional Paid-In Capital | $475M |
| Retained Earnings | $2.2B |
| Treasury Stock | -$792M |
| Accum. Other Comp. Income | -$338M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $41M |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $1.0B |
| Net Debt | $760M |
