| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.7B | $1.6B | -5.4% | 2.7% |
| Op. Income | $197M | $248M | $254M | -20.4% | -22.5% |
| Gross Margin | 37.2% | 39.8% | 40.7% | -2.6pp | -3.5pp |
| Net Margin | 8.2% | 9.0% | 11.2% | -0.8pp | -3.1pp |
| EPS (Diluted) | $1.04 | $1.20 | $1.39 | -13.3% | -25.2% |
| Free Cash Flow | $24M | $60M | $277M | -59.8% | -91.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $613M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $413M |
| Other Expenses | $3M |
| Operating Expenses | $416M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $197M |
| Interest Income | $1M |
| Interest Expense | $20M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $181M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $135M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $135M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $133M |
| D&A | $38M |
| EBIT | $202M |
| EBITDA | $240M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $613M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $413M |
| Other Expenses | $3M |
| Operating Expenses | $416M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $197M |
| Interest Income | $1M |
| Interest Expense | $20M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $181M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $135M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $135M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $133M |
| D&A | $38M |
| EBIT | $202M |
| EBITDA | $240M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $135M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$94M |
| OPERATING CASH FLOW | $76M |
| Capital Expenditure | -$52M |
| Acquisitions (Net) | -$36M |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $250.0K |
| NET CASH FROM INVESTING | -$91M |
| Net Debt Issuance | $60M |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | -$49M |
| Other Financing Activities | -$60.0K |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | -$33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $213M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $997M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $1.2B |
| Goodwill | $1.3B |
| Intangible Assets | $626M |
| Long-Term Investments | $0 |
| Tax Assets | $27M |
| Other Non-Current Assets | $202M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $648M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $156M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $109M |
| Other Non-Current Liabilities | $417M |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $1.9B |
| Treasury Stock | -$671M |
| Accum. Other Comp. Income | -$541M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $2M |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $2.7B |
| Net Debt | $2.5B |
