| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $663M | $577M | $567M | 14.9% | 16.9% |
| Op. Income | $83M | $35M | $89M | 135.1% | -5.9% |
| Gross Margin | 23.4% | 18.5% | 28.5% | 4.9pp | -5.1pp |
| Net Margin | 9.0% | 3.0% | 12.3% | 6.0pp | -3.4pp |
| EPS (Diluted) | $5.76 | $1.65 | $6.38 | 249.1% | -9.7% |
| Free Cash Flow | -$6M | $5M | $29M | -207.8% | -120.2% |
| Item | Amount |
|---|---|
| REVENUE | $663M |
| Cost of Revenue | $507M |
| GROSS PROFIT | $155M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $72M |
| Cost & Expenses | $579M |
| OPERATING INCOME | $83M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $21M |
| EBIT | $83M |
| EBITDA | $104M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $663M |
| Cost of Revenue | $507M |
| GROSS PROFIT | $155M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $72M |
| Cost & Expenses | $579M |
| OPERATING INCOME | $83M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $21M |
| EBIT | $83M |
| EBITDA | $104M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $59M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$67M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$787.0K |
| Sales/Maturities of Investments | $373M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $359M |
| Net Debt Issuance | -$306M |
| Common Stock Repurchased | -$37M |
| Common Dividends Paid | -$22M |
| Other Financing Activities | -$833.0K |
| NET CASH FROM FINANCING | -$366M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $85M |
| Short-Term Investments | $0 |
| Net Receivables | $465M |
| Inventory | $524M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $741M |
| Goodwill | $124M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $299M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $291M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $412M |
| Long-Term Debt | $841M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $216M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $845M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$85M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $760M |
| Minority Interest | $0 |
| TOTAL EQUITY | $760M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $910M |
| Net Debt | $826M |
