| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $577M | $622M | $528M | -7.3% | 9.2% |
| Op. Income | $35M | $63M | $76M | -43.9% | -53.1% |
| Gross Margin | 18.5% | 22.2% | 28.6% | -3.7pp | -10.1pp |
| Net Margin | 3.0% | 8.4% | 12.7% | -5.4pp | -9.7pp |
| EPS (Diluted) | $1.65 | $4.80 | $6.12 | -65.6% | -73.0% |
| Free Cash Flow | $5M | $21M | $35M | -74.6% | -84.4% |
| Item | Amount |
|---|---|
| REVENUE | $577M |
| Cost of Revenue | $470M |
| GROSS PROFIT | $107M |
| R&D Expenses | $37M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $71M |
| Cost & Expenses | $541M |
| OPERATING INCOME | $35M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $21M |
| EBIT | $40M |
| EBITDA | $61M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $577M |
| Cost of Revenue | $470M |
| GROSS PROFIT | $107M |
| R&D Expenses | $37M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $71M |
| Cost & Expenses | $541M |
| OPERATING INCOME | $35M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $21M |
| EBIT | $40M |
| EBITDA | $61M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $147M |
| Common Stock Repurchased | -$105M |
| Common Dividends Paid | -$22M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $83M |
| Short-Term Investments | $376M |
| Net Receivables | $392M |
| Inventory | $499M |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $785M |
| Goodwill | $124M |
| Intangible Assets | $4M |
| Long-Term Investments | $3M |
| Tax Assets | $5M |
| Other Non-Current Assets | $249M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $246M |
| Short-Term Debt | $368M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $71M |
| TOTAL CURRENT LIABILITIES | $725M |
| Long-Term Debt | $790M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $89M |
| Other Non-Current Liabilities | $114M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $844M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$82M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $762M |
| Minority Interest | $0 |
| TOTAL EQUITY | $762M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $1.2B |
| Net Debt | $1.2B |
