| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $957M | $903M | $861M | 6.0% | 11.2% |
| Op. Income | $210M | $219M | $187M | -4.2% | 12.5% |
| Gross Margin | 52.1% | 50.5% | 47.3% | 1.6pp | 4.8pp |
| Net Margin | 21.0% | 16.3% | 15.2% | 4.7pp | 5.8pp |
| EPS (Diluted) | $7.22 | $4.91 | $4.19 | 47.0% | 72.3% |
| Free Cash Flow | $107M | $97M | $141M | 10.1% | -24.2% |
| Item | Amount |
|---|---|
| REVENUE | $957M |
| Cost of Revenue | $459M |
| GROSS PROFIT | $499M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $289M |
| Other Expenses | $0 |
| Operating Expenses | $289M |
| Cost & Expenses | $747M |
| OPERATING INCOME | $210M |
| Interest Income | $1M |
| Interest Expense | $22M |
| Other Income/Expenses | -$173M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | -$163M |
| Net Income from Continuing Ops | $201M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $201M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $201M |
| D&A | $43M |
| EBIT | $61M |
| EBITDA | $104M |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| REVENUE | $957M |
| Cost of Revenue | $459M |
| GROSS PROFIT | $499M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $289M |
| Other Expenses | $0 |
| Operating Expenses | $289M |
| Cost & Expenses | $747M |
| OPERATING INCOME | $210M |
| Interest Income | $1M |
| Interest Expense | $22M |
| Other Income/Expenses | -$173M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | -$163M |
| Net Income from Continuing Ops | $201M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $201M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $201M |
| D&A | $43M |
| EBIT | $61M |
| EBITDA | $104M |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| Net Income | $201M |
| Depreciation & Amortization | $43M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $172M |
| Change in Working Capital | -$285M |
| OPERATING CASH FLOW | $136M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | $199M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$266.0K |
| NET CASH FROM FINANCING | -$42M |
| FREE CASH FLOW | $107M |
| Net Change in Cash | $63M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.2B |
| Short-Term Investments | $0 |
| Net Receivables | $232M |
| Inventory | $842M |
| Other Current Assets | $59M |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $2.0B |
| Goodwill | $141M |
| Intangible Assets | $73M |
| Long-Term Investments | $101M |
| Tax Assets | $63M |
| Other Non-Current Assets | $115M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $255M |
| Short-Term Debt | $428M |
| Deferred Revenue | $437M |
| Other Current Liabilities | $188M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $576M |
| Retained Earnings | $772M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $3.6B |
| Net Debt | $1.4B |
