| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $279M | $332M | $255M | -15.9% | 9.6% |
| Op. Income | $25M | $34M | $17M | -27.1% | 47.8% |
| Gross Margin | 35.6% | 35.5% | 37.6% | 0.0pp | -2.0pp |
| Net Margin | 6.8% | 7.8% | 3.7% | -1.0pp | 3.2pp |
| EPS (Diluted) | $1.04 | $1.40 | $0.51 | -25.7% | 103.9% |
| Free Cash Flow | -$19M | -$465.0K | $46M | -3931.6% | -141.1% |
| Item | Amount |
|---|---|
| REVENUE | $279M |
| Cost of Revenue | $180M |
| GROSS PROFIT | $99M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $57M |
| Other Expenses | $3M |
| Operating Expenses | $75M |
| Cost & Expenses | $255M |
| OPERATING INCOME | $25M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $10M |
| EBIT | $25M |
| EBITDA | $34M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $279M |
| Cost of Revenue | $180M |
| GROSS PROFIT | $99M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $57M |
| Other Expenses | $3M |
| Operating Expenses | $75M |
| Cost & Expenses | $255M |
| OPERATING INCOME | $25M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $10M |
| EBIT | $25M |
| EBITDA | $34M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $82.0K |
| Other Non-Cash Items | -$949.0K |
| Change in Working Capital | -$46M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$106.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $26M |
| Common Stock Repurchased | -$16M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $55M |
| Short-Term Investments | $0 |
| Net Receivables | $292M |
| Inventory | $321M |
| Other Current Assets | $63M |
| TOTAL CURRENT ASSETS | $730M |
| PP&E (Net) | $147M |
| Goodwill | $319M |
| Intangible Assets | $127M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $87M |
| TOTAL NON-CURRENT ASSETS | $680M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $141M |
| Short-Term Debt | $321M |
| Deferred Revenue | $35M |
| Other Current Liabilities | $124M |
| TOTAL CURRENT LIABILITIES | $657M |
| Long-Term Debt | $692.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $103M |
| TOTAL NON-CURRENT LIABILITIES | $131M |
| TOTAL LIABILITIES | $787M |
| Common Stock | $53M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $587M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $623M |
| Minority Interest | $0 |
| TOTAL EQUITY | $623M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $344M |
| Net Debt | $289M |
