| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $608M | $642M | $556M | -5.3% | 9.4% |
| Op. Income | $101M | $83M | $81M | 21.7% | 24.7% |
| Gross Margin | 53.5% | 47.2% | 58.3% | 6.3pp | -4.8pp |
| Net Margin | 10.9% | 7.8% | 9.4% | 3.1pp | 1.5pp |
| EPS (Diluted) | $0.74 | $0.56 | $0.58 | 32.1% | 27.6% |
| Free Cash Flow | -$200M | $146M | -$110M | -237.0% | -81.8% |
| Item | Amount |
|---|---|
| REVENUE | $608M |
| Cost of Revenue | $283M |
| GROSS PROFIT | $325M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $92M |
| Other Expenses | $132M |
| Operating Expenses | $224M |
| Cost & Expenses | $507M |
| OPERATING INCOME | $101M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $99M |
| EBIT | $98M |
| EBITDA | $197M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $608M |
| Cost of Revenue | $283M |
| GROSS PROFIT | $325M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $92M |
| Other Expenses | $132M |
| Operating Expenses | $224M |
| Cost & Expenses | $507M |
| OPERATING INCOME | $101M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $99M |
| EBIT | $98M |
| EBITDA | $197M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $66M |
| Depreciation & Amortization | $99M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | -$27M |
| Change in Working Capital | -$176M |
| OPERATING CASH FLOW | -$50M |
| Capital Expenditure | -$150M |
| Acquisitions (Net) | $4M |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$154M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$38M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$38M |
| FREE CASH FLOW | -$200M |
| Net Change in Cash | -$242M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52M |
| Short-Term Investments | $0 |
| Net Receivables | $329M |
| Inventory | $78M |
| Other Current Assets | $163M |
| TOTAL CURRENT ASSETS | $688M |
| PP&E (Net) | $7.7B |
| Goodwill | $0 |
| Intangible Assets | $348M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $776M |
| TOTAL NON-CURRENT ASSETS | $8.8B |
| TOTAL ASSETS | $9.5B |
| Account Payables | $244M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $404M |
| TOTAL CURRENT LIABILITIES | $768M |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $413M |
| Other Non-Current Liabilities | $2.0B |
| TOTAL NON-CURRENT LIABILITIES | $6.0B |
| TOTAL LIABILITIES | $6.8B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $9.5B |
| Total Debt | $3.6B |
| Net Debt | $3.6B |
