| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.7B | $2.6B | $2.2B | 3.3% | 20.9% |
| Op. Income | $80M | $93M | $67M | -14.5% | 19.1% |
| Gross Margin | 14.3% | 15.0% | 15.1% | -0.7pp | -0.8pp |
| Net Margin | 2.1% | 2.4% | 2.0% | -0.3pp | 0.2pp |
| EPS (Diluted) | $1.53 | $1.69 | $1.18 | -9.5% | 29.7% |
| Free Cash Flow | -$310M | $257M | $35M | -220.4% | -989.3% |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $379M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $298M |
| Other Expenses | $1M |
| Operating Expenses | $299M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $80M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $13M |
| EBIT | $83M |
| EBITDA | $96M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $379M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $298M |
| Other Expenses | $1M |
| Operating Expenses | $299M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $80M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $13M |
| EBIT | $83M |
| EBITDA | $96M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $57M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$360M |
| OPERATING CASH FLOW | -$284M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | $320M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$46.0K |
| NET CASH FROM FINANCING | $320M |
| FREE CASH FLOW | -$310M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $115M |
| Short-Term Investments | $0 |
| Net Receivables | $3.0B |
| Inventory | $383M |
| Other Current Assets | $244M |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $190M |
| Goodwill | $429M |
| Intangible Assets | $207M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $255M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $4.8B |
| Account Payables | $1.6B |
| Short-Term Debt | $663M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $373M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $260M |
| TOTAL NON-CURRENT LIABILITIES | $633M |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $351.0K |
| Additional Paid-In Capital | $322M |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $1.0B |
| Net Debt | $922M |
