| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $235M | $305M | $288M | -22.9% | -18.4% |
| Op. Income | $18M | $33M | $30M | -45.5% | -41.5% |
| Gross Margin | 14.3% | 18.7% | 16.9% | -4.4pp | -2.5pp |
| Net Margin | 6.0% | 4.9% | 7.2% | 1.1pp | -1.2pp |
| EPS (Diluted) | $1.55 | $0.00 | $2.24 | Infinity% | -30.8% |
| Free Cash Flow | $8M | $49M | $81M | -82.8% | -89.6% |
| Item | Amount |
|---|---|
| REVENUE | $235M |
| Cost of Revenue | $201M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | -$1M |
| Operating Expenses | $16M |
| Cost & Expenses | $217M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $878.0K |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | -$5.0K |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $9M |
| EBIT | $20M |
| EBITDA | $29M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $235M |
| Cost of Revenue | $201M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | -$1M |
| Operating Expenses | $16M |
| Cost & Expenses | $217M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $878.0K |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | -$5.0K |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $9M |
| EBIT | $20M |
| EBITDA | $29M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $497.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$584.0K |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$12.0K |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$3.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $60M |
| Short-Term Investments | $0 |
| Net Receivables | $72M |
| Inventory | $415M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $560M |
| PP&E (Net) | $336M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $73M |
| TOTAL NON-CURRENT ASSETS | $408M |
| TOTAL ASSETS | $968M |
| Account Payables | $126M |
| Short-Term Debt | $4M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $202M |
| Long-Term Debt | $93M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $29M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $179M |
| TOTAL LIABILITIES | $381M |
| Common Stock | $3M |
| Additional Paid-In Capital | $99M |
| Retained Earnings | $600M |
| Treasury Stock | -$96M |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $587M |
| Minority Interest | $0 |
| TOTAL EQUITY | $587M |
| TOTAL LIABILITIES & EQUITY | $968M |
| Total Debt | $175M |
| Net Debt | $115M |
