| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.3B | $1.3B | 22.2% | 22.6% |
| Op. Income | $98M | $15M | $84M | 570.3% | 17.4% |
| Gross Margin | 18.1% | 13.2% | 19.5% | 4.9pp | -1.4pp |
| Net Margin | 4.4% | 0.8% | 4.8% | 3.7pp | -0.4pp |
| EPS (Diluted) | $1.81 | $0.25 | $1.59 | 624.0% | 13.8% |
| Free Cash Flow | $54M | $196M | -$10M | -72.4% | 636.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $286M |
| R&D Expenses | $0 |
| Selling & Marketing | $19M |
| General & Administrative | $158M |
| SG&A Expenses | $177M |
| Other Expenses | $10M |
| Operating Expenses | $187M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $98M |
| Interest Income | $148.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $10M |
| EBIT | $99M |
| EBITDA | $109M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $286M |
| R&D Expenses | $0 |
| Selling & Marketing | $19M |
| General & Administrative | $158M |
| SG&A Expenses | $177M |
| Other Expenses | $10M |
| Operating Expenses | $187M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $98M |
| Interest Income | $148.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $10M |
| EBIT | $99M |
| EBITDA | $109M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $70M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$41M |
| OPERATING CASH FLOW | $59M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$27M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $799.0K |
| NET CASH FROM FINANCING | -$44M |
| FREE CASH FLOW | $54M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $577M |
| Short-Term Investments | $33M |
| Net Receivables | $670M |
| Inventory | $0 |
| Other Current Assets | $130M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $267M |
| Goodwill | $0 |
| Intangible Assets | $13M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $229M |
| TOTAL NON-CURRENT ASSETS | $508M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $53M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $369M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $183M |
| TOTAL NON-CURRENT LIABILITIES | $620M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $555.0K |
| Additional Paid-In Capital | $110M |
| Retained Earnings | $605M |
| Treasury Stock | -$682M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $34M |
| Minority Interest | $0 |
| TOTAL EQUITY | $34M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $432M |
| Net Debt | -$145M |
