| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.4B | $3.4B | $2.7B | -29.8% | -13.1% |
| Op. Income | $212M | $409M | $381M | -48.2% | -44.4% |
| Gross Margin | 33.7% | 33.2% | 35.1% | 0.5pp | -1.4pp |
| Net Margin | 1.8% | 5.4% | 8.2% | -3.6pp | -6.4pp |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | NaN% | NaN% |
| Free Cash Flow | -$52M | $426M | $206M | -112.2% | -125.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $793M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $472M |
| Other Expenses | $0 |
| Operating Expenses | $635M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $212M |
| Interest Income | $0 |
| Interest Expense | $62M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $82M |
| EBIT | $212M |
| EBITDA | $294M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $793M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $472M |
| Other Expenses | $0 |
| Operating Expenses | $635M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $212M |
| Interest Income | $0 |
| Interest Expense | $62M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $82M |
| EBIT | $212M |
| EBITDA | $294M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $82M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$14M |
| Other Non-Cash Items | -$170M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $16M |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | $192M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$112M |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | $61M |
| FREE CASH FLOW | -$52M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $522M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $1.5B |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $1.1B |
| Goodwill | $5.9B |
| Intangible Assets | $3.5B |
| Long-Term Investments | -$619M |
| Tax Assets | $619M |
| Other Non-Current Assets | $1.8B |
| TOTAL NON-CURRENT ASSETS | $12.4B |
| TOTAL ASSETS | $15.8B |
| Account Payables | $1.1B |
| Short-Term Debt | $750M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $606M |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $4.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $732M |
| TOTAL NON-CURRENT LIABILITIES | $5.4B |
| TOTAL LIABILITIES | $8.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $10.6B |
| Retained Earnings | -$3.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$200M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.5B |
| Minority Interest | $116M |
| TOTAL EQUITY | $7.6B |
| TOTAL LIABILITIES & EQUITY | $15.8B |
| Total Debt | $5.4B |
| Net Debt | $4.9B |
