| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $846M | $885M | $804M | -4.4% | 5.2% |
| Op. Income | $70M | $139M | $136M | -49.7% | -48.5% |
| Gross Margin | 10.4% | 17.1% | 19.0% | -6.7pp | -8.6pp |
| Net Margin | 6.7% | 11.2% | 13.6% | -4.5pp | -6.9pp |
| EPS (Diluted) | $0.89 | $1.59 | $1.77 | -44.0% | -49.7% |
| Free Cash Flow | $85M | $221M | $126M | -61.6% | -32.4% |
| Item | Amount |
|---|---|
| REVENUE | $846M |
| Cost of Revenue | $758M |
| GROSS PROFIT | $88M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $7M |
| Operating Expenses | $18M |
| Cost & Expenses | $776M |
| OPERATING INCOME | $70M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $70M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $13M |
| EBIT | $77M |
| EBITDA | $90M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $846M |
| Cost of Revenue | $758M |
| GROSS PROFIT | $88M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $7M |
| Operating Expenses | $18M |
| Cost & Expenses | $776M |
| OPERATING INCOME | $70M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $70M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $13M |
| EBIT | $77M |
| EBITDA | $90M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $56M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $43M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $93M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.8B |
| Sales/Maturities of Investments | $1.7B |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$96M |
| Net Debt Issuance | -$612.0K |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | $999.0K |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $85M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $410.0K |
| Short-Term Investments | $6.9B |
| Net Receivables | $1.6B |
| Inventory | $0 |
| Other Current Assets | -$8.7B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $83M |
| Goodwill | $8M |
| Intangible Assets | $0 |
| Long-Term Investments | $7.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$7.3B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $10.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$107M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $501M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$506M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $7.5B |
| Common Stock | $209M |
| Additional Paid-In Capital | $473M |
| Retained Earnings | $2.6B |
| Treasury Stock | -$615M |
| Accum. Other Comp. Income | -$130M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $10.3B |
| Total Debt | $506M |
| Net Debt | $505M |
