| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.4B | $2.3B | $1.7B | 3.9% | 46.9% |
| Op. Income | $526M | $549M | $80M | -4.3% | 553.7% |
| Gross Margin | 25.9% | 28.2% | 11.9% | -2.3pp | 14.0pp |
| Net Margin | 12.6% | 16.7% | -2.0% | -4.1pp | 14.6pp |
| EPS (Diluted) | $1.89 | $2.38 | $-0.21 | -20.6% | 1000.0% |
| Free Cash Flow | $425M | $495M | $38M | -14.2% | 1032.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $630M |
| R&D Expenses | $20M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $93M |
| Other Expenses | -$9M |
| Operating Expenses | $104M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $526M |
| Interest Income | $0 |
| Interest Expense | $144M |
| Other Income/Expenses | -$135M |
| INCOME BEFORE TAX | $391M |
| Income Tax Expense | $84M |
| Net Income from Continuing Ops | $307M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $307M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $307M |
| D&A | $150M |
| EBIT | $537M |
| EBITDA | $687M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $630M |
| R&D Expenses | $20M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $93M |
| Other Expenses | -$9M |
| Operating Expenses | $104M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $526M |
| Interest Income | $0 |
| Interest Expense | $144M |
| Other Income/Expenses | -$135M |
| INCOME BEFORE TAX | $391M |
| Income Tax Expense | $84M |
| Net Income from Continuing Ops | $307M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $307M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $307M |
| D&A | $150M |
| EBIT | $537M |
| EBITDA | $687M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $307M |
| Depreciation & Amortization | $150M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | $97M |
| Change in Working Capital | -$50M |
| OPERATING CASH FLOW | $489M |
| Capital Expenditure | -$65M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$62M |
| Net Debt Issuance | -$252M |
| Common Stock Repurchased | -$184M |
| Common Dividends Paid | -$32M |
| Other Financing Activities | -$86M |
| NET CASH FROM FINANCING | -$554M |
| FREE CASH FLOW | $425M |
| Net Change in Cash | -$126M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $181M |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $868M |
| Other Current Assets | $93M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $3.3B |
| Goodwill | $1.4B |
| Intangible Assets | $1.4B |
| Long-Term Investments | $8M |
| Tax Assets | $99M |
| Other Non-Current Assets | $62M |
| TOTAL NON-CURRENT ASSETS | $6.3B |
| TOTAL ASSETS | $8.5B |
| Account Payables | $848M |
| Short-Term Debt | $278M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $240M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $559M |
| Other Non-Current Liabilities | $744M |
| TOTAL NON-CURRENT LIABILITIES | $4.2B |
| TOTAL LIABILITIES | $5.9B |
| Common Stock | $157M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$488M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $8.5B |
| Total Debt | $3.2B |
| Net Debt | $3.0B |
