| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.8B | $1.9B | 8.6% | 3.0% |
| Op. Income | $29M | $18M | $141M | 62.8% | -79.2% |
| Gross Margin | 10.3% | 9.6% | 16.7% | 0.8pp | -6.3pp |
| Net Margin | -0.1% | 0.3% | 5.3% | -0.5pp | -5.4pp |
| EPS (Diluted) | $-0.02 | $0.09 | $1.44 | -123.1% | -101.5% |
| Free Cash Flow | $301M | -$206M | $308M | 245.9% | -2.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $201M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $169M |
| Other Expenses | $3M |
| Operating Expenses | $172M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $29M |
| Interest Income | $1M |
| Interest Expense | $13M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | -$2M |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $26M |
| EBIT | $31M |
| EBITDA | $58M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $300M |
| OPERATING CASH FLOW | $329M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$40M |
| Net Debt Issuance | -$225M |
| Common Stock Repurchased | -$85M |
| Common Dividends Paid | -$25M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$338M |
| FREE CASH FLOW | $301M |
| Net Change in Cash | -$51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $945M |
| Short-Term Investments | $0 |
| Net Receivables | $1.8B |
| Inventory | $1.5B |
| Other Current Assets | $65M |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $604M |
| Goodwill | $1.0B |
| Intangible Assets | $465M |
| Long-Term Investments | $0 |
| Tax Assets | $131M |
| Other Non-Current Assets | $436M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $7.0B |
| Account Payables | $982M |
| Short-Term Debt | $0 |
| Deferred Revenue | $756M |
| Other Current Liabilities | $349M |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $594M |
| Deferred Revenue NC | $455M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $511M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $798M |
| Retained Earnings | $3.1B |
| Treasury Stock | -$781M |
| Accum. Other Comp. Income | -$134M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $7.0B |
| Total Debt | $594M |
| Net Debt | -$350M |
