| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $362M | $508M | $435M | -28.6% | -16.8% |
| Op. Income | $19M | $60M | $66M | -67.7% | -70.8% |
| Gross Margin | 35.4% | 35.4% | 39.6% | 0.0pp | -4.2pp |
| Net Margin | 5.5% | 7.7% | 10.4% | -2.2pp | -4.9pp |
| EPS (Diluted) | $1.43 | $2.68 | $3.01 | -46.6% | -52.5% |
| Free Cash Flow | -$30M | $59M | -$23M | -150.5% | -26.9% |
| Item | Amount |
|---|---|
| REVENUE | $362M |
| Cost of Revenue | $234M |
| GROSS PROFIT | $128M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $109M |
| Other Expenses | $0 |
| Operating Expenses | $109M |
| Cost & Expenses | $343M |
| OPERATING INCOME | $19M |
| Interest Income | $5.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $33M |
| EBIT | $19M |
| EBITDA | $52M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $362M |
| Cost of Revenue | $234M |
| GROSS PROFIT | $128M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $109M |
| Other Expenses | $0 |
| Operating Expenses | $109M |
| Cost & Expenses | $343M |
| OPERATING INCOME | $19M |
| Interest Income | $5.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $33M |
| EBIT | $19M |
| EBITDA | $52M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$78M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$260.0K |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $74M |
| Common Stock Repurchased | -$40M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $34M |
| FREE CASH FLOW | -$30M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $58M |
| Short-Term Investments | $0 |
| Net Receivables | $29M |
| Inventory | $549M |
| Other Current Assets | $51M |
| TOTAL CURRENT ASSETS | $687M |
| PP&E (Net) | $349M |
| Goodwill | $0 |
| Intangible Assets | $71M |
| Long-Term Investments | $0 |
| Tax Assets | $25M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $458M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $261M |
| Short-Term Debt | $339M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $107M |
| TOTAL CURRENT LIABILITIES | $718M |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $35M |
| TOTAL NON-CURRENT LIABILITIES | $214M |
| TOTAL LIABILITIES | $931M |
| Common Stock | $1M |
| Additional Paid-In Capital | $155M |
| Retained Earnings | $72M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $214M |
| Minority Interest | $0 |
| TOTAL EQUITY | $214M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $518M |
| Net Debt | $459M |
