| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $501M | $383M | $516M | 30.7% | -2.8% |
| Op. Income | $57M | $30M | $85M | 90.2% | -32.2% |
| Gross Margin | 36.5% | 39.8% | 39.7% | -3.3pp | -3.2pp |
| Net Margin | 8.9% | 6.0% | 12.5% | 2.9pp | -3.6pp |
| EPS (Diluted) | $0.71 | $0.36 | $0.98 | 97.2% | -27.6% |
| Free Cash Flow | $37M | -$51M | $121M | 172.4% | -69.4% |
| Item | Amount |
|---|---|
| REVENUE | $501M |
| Cost of Revenue | $318M |
| GROSS PROFIT | $183M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $119M |
| Other Expenses | $7M |
| Operating Expenses | $126M |
| Cost & Expenses | $444M |
| OPERATING INCOME | $57M |
| Interest Income | $0 |
| Interest Expense | $98.0K |
| Other Income/Expenses | -$98.0K |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $7M |
| EBIT | $57M |
| EBITDA | $64M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $501M |
| Cost of Revenue | $318M |
| GROSS PROFIT | $183M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $119M |
| Other Expenses | $7M |
| Operating Expenses | $126M |
| Cost & Expenses | $444M |
| OPERATING INCOME | $57M |
| Interest Income | $0 |
| Interest Expense | $98.0K |
| Other Income/Expenses | -$98.0K |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $7M |
| EBIT | $57M |
| EBITDA | $64M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$237.0K |
| Other Non-Cash Items | $9.0K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $42M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $54.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $54.0K |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$194.0K |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$108.0K |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $247M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $467M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $727M |
| PP&E (Net) | $568M |
| Goodwill | $445M |
| Intangible Assets | $231M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $107M |
| Short-Term Debt | $332.0K |
| Deferred Revenue | $10M |
| Other Current Liabilities | $34M |
| TOTAL CURRENT LIABILITIES | $263M |
| Long-Term Debt | $719.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $66M |
| Other Non-Current Liabilities | -$716.0K |
| TOTAL NON-CURRENT LIABILITIES | $421M |
| TOTAL LIABILITIES | $684M |
| Common Stock | $67.0K |
| Additional Paid-In Capital | $664M |
| Retained Earnings | $884M |
| Treasury Stock | -$260M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $432M |
| Net Debt | $185M |
