| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $589M | $581M | $1.6B | 1.4% | -63.9% |
| Op. Income | $83M | $81M | $49M | 2.2% | 71.0% |
| Gross Margin | 37.1% | 36.4% | 10.7% | 0.7pp | 26.4pp |
| Net Margin | 47.4% | 54.9% | 3.2% | -7.5pp | 44.2pp |
| EPS (Diluted) | $1.39 | $1.59 | $0.26 | -12.6% | 434.6% |
| Free Cash Flow | -$161M | -$57M | -$1.1B | -182.3% | 85.3% |
| Item | Amount |
|---|---|
| REVENUE | $589M |
| Cost of Revenue | $371M |
| GROSS PROFIT | $219M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $136M |
| Operating Expenses | $136M |
| Cost & Expenses | $506M |
| OPERATING INCOME | $83M |
| Interest Income | $0 |
| Interest Expense | $40M |
| Other Income/Expenses | $252M |
| INCOME BEFORE TAX | $335M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $280M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $280M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $280M |
| D&A | $107M |
| EBIT | $375M |
| EBITDA | $482M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $589M |
| Cost of Revenue | $371M |
| GROSS PROFIT | $219M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $136M |
| Operating Expenses | $136M |
| Cost & Expenses | $506M |
| OPERATING INCOME | $83M |
| Interest Income | $0 |
| Interest Expense | $40M |
| Other Income/Expenses | $252M |
| INCOME BEFORE TAX | $335M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $280M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $280M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $280M |
| D&A | $107M |
| EBIT | $375M |
| EBITDA | $482M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $280M |
| Depreciation & Amortization | $107M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $48M |
| Other Non-Cash Items | -$340M |
| Change in Working Capital | -$38M |
| OPERATING CASH FLOW | $59M |
| Capital Expenditure | -$220M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$300.0K |
| NET CASH FROM INVESTING | -$220M |
| Net Debt Issuance | $245M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$82M |
| Other Financing Activities | -$800.0K |
| NET CASH FROM FINANCING | $162M |
| FREE CASH FLOW | -$161M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $0 |
| Short-Term Investments | $0 |
| Net Receivables | $410M |
| Inventory | $184M |
| Other Current Assets | $63M |
| TOTAL CURRENT ASSETS | $657M |
| PP&E (Net) | $10.1B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $12.4B |
| TOTAL ASSETS | $13.1B |
| Account Payables | $301M |
| Short-Term Debt | $732M |
| Deferred Revenue | $82M |
| Other Current Liabilities | $64M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $4.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.4B |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $7.5B |
| TOTAL LIABILITIES | $8.8B |
| Common Stock | $1.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $3.2B |
| Treasury Stock | -$100.0K |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.3B |
| TOTAL LIABILITIES & EQUITY | $13.1B |
| Total Debt | $5.2B |
| Net Debt | $5.2B |
