| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | $2.4B | $1.9B | 1.3% | 28.3% |
| Op. Income | $547M | $526M | $381M | 4.0% | 43.4% |
| Gross Margin | 26.6% | 25.9% | 25.7% | 0.7pp | 0.9pp |
| Net Margin | 16.0% | 12.6% | 12.7% | 3.4pp | 3.3pp |
| EPS (Diluted) | $2.48 | $1.89 | $1.51 | 31.2% | 64.2% |
| Free Cash Flow | $306M | $425M | $200M | -27.9% | 53.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $654M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $95M |
| Other Expenses | $13M |
| Operating Expenses | $107M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $547M |
| Interest Income | $400.0K |
| Interest Expense | $33M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $524M |
| Income Tax Expense | $131M |
| Net Income from Continuing Ops | $393M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $393M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $393M |
| D&A | $152M |
| EBIT | $559M |
| EBITDA | $711M |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $654M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $95M |
| Other Expenses | $13M |
| Operating Expenses | $107M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $547M |
| Interest Income | $400.0K |
| Interest Expense | $33M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $524M |
| Income Tax Expense | $131M |
| Net Income from Continuing Ops | $393M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $393M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $393M |
| D&A | $152M |
| EBIT | $559M |
| EBITDA | $711M |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $393M |
| Depreciation & Amortization | $152M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | -$194M |
| OPERATING CASH FLOW | $354M |
| Capital Expenditure | -$47M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$47M |
| Net Debt Issuance | -$200.0K |
| Common Stock Repurchased | -$263M |
| Common Dividends Paid | -$31M |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$289M |
| FREE CASH FLOW | $306M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $198M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $909M |
| Other Current Assets | $149M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $3.2B |
| Goodwill | $1.4B |
| Intangible Assets | $1.4B |
| Long-Term Investments | $10M |
| Tax Assets | $95M |
| Other Non-Current Assets | $62M |
| TOTAL NON-CURRENT ASSETS | $6.1B |
| TOTAL ASSETS | $8.6B |
| Account Payables | $792M |
| Short-Term Debt | $277M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $382M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $577M |
| Other Non-Current Liabilities | $704M |
| TOTAL NON-CURRENT LIABILITIES | $4.2B |
| TOTAL LIABILITIES | $5.8B |
| Common Stock | $152M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$461M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $8.6B |
| Total Debt | $3.1B |
| Net Debt | $3.0B |
