| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.6B | — | -2.2% | — |
| Op. Income | $539M | $418M | — | 28.9% | — |
| Gross Margin | 64.2% | 63.1% | — | 1.1pp | — |
| Net Margin | 22.2% | 12.6% | — | 9.6pp | — |
| EPS (Diluted) | $1.36 | $0.79 | — | 72.2% | — |
| Free Cash Flow | $60M | -$91M | — | 165.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $561M |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $96M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $371M |
| Other Expenses | $0 |
| Operating Expenses | $467M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $539M |
| Interest Income | $0 |
| Interest Expense | $97M |
| Other Income/Expenses | -$97M |
| INCOME BEFORE TAX | $442M |
| Income Tax Expense | $94M |
| Net Income from Continuing Ops | $348M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $348M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $348M |
| D&A | $53M |
| EBIT | $539M |
| EBITDA | $592M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $561M |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $96M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $371M |
| Other Expenses | $0 |
| Operating Expenses | $467M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $539M |
| Interest Income | $0 |
| Interest Expense | $97M |
| Other Income/Expenses | -$97M |
| INCOME BEFORE TAX | $442M |
| Income Tax Expense | $94M |
| Net Income from Continuing Ops | $348M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $348M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $348M |
| D&A | $53M |
| EBIT | $539M |
| EBITDA | $592M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $348M |
| Depreciation & Amortization | $53M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$289M |
| OPERATING CASH FLOW | $123M |
| Capital Expenditure | -$63M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$63M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$71M |
| Other Financing Activities | -$18M |
| NET CASH FROM FINANCING | -$91M |
| FREE CASH FLOW | $60M |
| Net Change in Cash | -$43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $694M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $946M |
| Other Current Assets | $731M |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $970M |
| Goodwill | $4.6B |
| Intangible Assets | $665M |
| Long-Term Investments | -$2M |
| Tax Assets | $2M |
| Other Non-Current Assets | $640M |
| TOTAL NON-CURRENT ASSETS | $6.9B |
| TOTAL ASSETS | $10.6B |
| Account Payables | $1.1B |
| Short-Term Debt | $9M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $31M |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $9.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $454M |
| TOTAL NON-CURRENT LIABILITIES | $9.5B |
| TOTAL LIABILITIES | $11.8B |
| Common Stock | $3M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$724M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$529M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1.3B |
| TOTAL LIABILITIES & EQUITY | $10.6B |
| Total Debt | $9.1B |
| Net Debt | $8.4B |
