| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $355M | $366M | $378M | -3.1% | -6.1% |
| Op. Income | $25M | $18M | $20M | 39.8% | 22.0% |
| Gross Margin | 26.6% | 24.1% | 22.7% | 2.5pp | 3.8pp |
| Net Margin | 4.9% | 3.6% | 4.3% | 1.3pp | 0.6pp |
| EPS (Diluted) | $0.65 | $0.50 | $0.60 | 30.0% | 8.3% |
| Free Cash Flow | $4M | $754.0K | -$89M | 446.0% | 104.6% |
| Item | Amount |
|---|---|
| REVENUE | $355M |
| Cost of Revenue | $261M |
| GROSS PROFIT | $94M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $69M |
| Operating Expenses | $69M |
| Cost & Expenses | $330M |
| OPERATING INCOME | $25M |
| Interest Income | $0 |
| Interest Expense | $577.0K |
| Other Income/Expenses | $98.0K |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $5M |
| EBIT | $26M |
| EBITDA | $30M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $355M |
| Cost of Revenue | $261M |
| GROSS PROFIT | $94M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $69M |
| Operating Expenses | $69M |
| Cost & Expenses | $330M |
| OPERATING INCOME | $25M |
| Interest Income | $0 |
| Interest Expense | $577.0K |
| Other Income/Expenses | $98.0K |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $5M |
| EBIT | $26M |
| EBITDA | $30M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $1.0K |
| Other Non-Cash Items | $754.0K |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $118.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $8M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $48M |
| NET CASH FROM FINANCING | $54M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $58M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $144M |
| Short-Term Investments | $0 |
| Net Receivables | $542M |
| Inventory | $93M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $807M |
| PP&E (Net) | $30M |
| Goodwill | $118M |
| Intangible Assets | $32M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $72M |
| TOTAL NON-CURRENT ASSETS | $252M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $137M |
| Short-Term Debt | $269M |
| Deferred Revenue | $57M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $520M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $16M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $37M |
| TOTAL LIABILITIES | $556M |
| Common Stock | $145.0K |
| Additional Paid-In Capital | $147M |
| Retained Earnings | $428M |
| Treasury Stock | -$71M |
| Accum. Other Comp. Income | -$954.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $503M |
| Minority Interest | $0 |
| TOTAL EQUITY | $503M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $287M |
| Net Debt | $142M |
