| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $927M | $984M | $915M | -5.8% | 1.3% |
| Op. Income | $37M | $33M | $38M | 11.7% | -1.3% |
| Gross Margin | 31.8% | 27.6% | 31.4% | 4.2pp | 0.4pp |
| Net Margin | 2.2% | 0.2% | -3.0% | 2.1pp | 5.3pp |
| EPS (Diluted) | $0.12 | $0.01 | $-0.18 | 1100.0% | 166.7% |
| Free Cash Flow | -$22M | $42M | $23M | -152.1% | -197.3% |
| Item | Amount |
|---|---|
| REVENUE | $927M |
| Cost of Revenue | $632M |
| GROSS PROFIT | $295M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $246M |
| Other Expenses | $0 |
| Operating Expenses | $258M |
| Cost & Expenses | $890M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $34M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $42M |
| EBIT | $47M |
| EBITDA | $89M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $927M |
| Cost of Revenue | $632M |
| GROSS PROFIT | $295M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $246M |
| Other Expenses | $0 |
| Operating Expenses | $258M |
| Cost & Expenses | $890M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $34M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $42M |
| EBIT | $47M |
| EBITDA | $89M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$21M |
| Change in Working Capital | -$36M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | $9M |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | $45M |
| NET CASH FROM INVESTING | $28M |
| Net Debt Issuance | -$101M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$23M |
| NET CASH FROM FINANCING | -$146M |
| FREE CASH FLOW | -$22M |
| Net Change in Cash | -$110M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $623M |
| Short-Term Investments | $11M |
| Net Receivables | $875M |
| Inventory | $88M |
| Other Current Assets | $145M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $701M |
| Goodwill | $1.1B |
| Intangible Assets | $125M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $4.8B |
| Account Payables | $876M |
| Short-Term Debt | $66M |
| Deferred Revenue | $102M |
| Other Current Liabilities | $578M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $287M |
| Other Non-Current Liabilities | $320M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $323M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $5.1B |
| Treasury Stock | -$4.6B |
| Accum. Other Comp. Income | -$800M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $93M |
| Minority Interest | $0 |
| TOTAL EQUITY | $93M |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $2.5B |
| Net Debt | $1.9B |
