| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $605M | $673M | $677M | -10.2% | -10.7% |
| Op. Income | $52M | $20M | $63M | 156.6% | -17.1% |
| Gross Margin | 73.3% | 74.2% | 74.8% | -0.9pp | -1.5pp |
| Net Margin | 6.4% | -1.4% | 7.0% | 7.8pp | -0.6pp |
| EPS (Diluted) | $0.76 | $-0.18 | $0.91 | 522.2% | -16.5% |
| Free Cash Flow | -$3M | $91M | -$38M | -103.0% | 92.8% |
| Item | Amount |
|---|---|
| REVENUE | $605M |
| Cost of Revenue | $161M |
| GROSS PROFIT | $443M |
| R&D Expenses | $0 |
| Selling & Marketing | $243M |
| General & Administrative | $149M |
| SG&A Expenses | $391M |
| Other Expenses | $0 |
| Operating Expenses | $391M |
| Cost & Expenses | $553M |
| OPERATING INCOME | $52M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $17M |
| EBIT | $52M |
| EBITDA | $69M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $605M |
| Cost of Revenue | $161M |
| GROSS PROFIT | $443M |
| R&D Expenses | $0 |
| Selling & Marketing | $243M |
| General & Administrative | $149M |
| SG&A Expenses | $391M |
| Other Expenses | $0 |
| Operating Expenses | $391M |
| Cost & Expenses | $553M |
| OPERATING INCOME | $52M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $17M |
| EBIT | $52M |
| EBITDA | $69M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$67M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $302M |
| Short-Term Investments | $15M |
| Net Receivables | $52M |
| Inventory | $382M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $849M |
| PP&E (Net) | $582M |
| Goodwill | $206M |
| Intangible Assets | $75M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $180M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $41M |
| Short-Term Debt | $110M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $494M |
| Long-Term Debt | $259M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $104M |
| TOTAL NON-CURRENT LIABILITIES | $464M |
| TOTAL LIABILITIES | $958M |
| Common Stock | $91.0K |
| Additional Paid-In Capital | $599M |
| Retained Earnings | $1.9B |
| Treasury Stock | -$1.5B |
| Accum. Other Comp. Income | -$70M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $934M |
| Minority Interest | $0 |
| TOTAL EQUITY | $934M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $470M |
| Net Debt | $168M |
