| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $735M | $777M | $535M | -5.4% | 37.5% |
| Op. Income | $52M | $33M | -$112M | 58.0% | 146.3% |
| Gross Margin | 16.8% | 13.8% | -10.8% | 3.0pp | 27.6pp |
| Net Margin | 2.4% | 0.6% | 6.7% | 1.9pp | -4.3pp |
| EPS (Diluted) | $0.35 | $0.09 | $0.71 | 310.8% | -50.7% |
| Free Cash Flow | -$122M | -$202M | $170M | 39.9% | -171.3% |
| Item | Amount |
|---|---|
| REVENUE | $735M |
| Cost of Revenue | $612M |
| GROSS PROFIT | $124M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $72M |
| Other Expenses | $0 |
| Operating Expenses | $72M |
| Cost & Expenses | $683M |
| OPERATING INCOME | $52M |
| Interest Income | $425.0K |
| Interest Expense | $29M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $103M |
| EBIT | $53M |
| EBITDA | $156M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $735M |
| Cost of Revenue | $612M |
| GROSS PROFIT | $124M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $72M |
| Other Expenses | $0 |
| Operating Expenses | $72M |
| Cost & Expenses | $683M |
| OPERATING INCOME | $52M |
| Interest Income | $425.0K |
| Interest Expense | $29M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $103M |
| EBIT | $53M |
| EBITDA | $156M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $103M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$100M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$142M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$595M |
| Sales/Maturities of Investments | $587M |
| Other Investing Activities | $26M |
| NET CASH FROM INVESTING | -$125M |
| Net Debt Issuance | $92M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $92M |
| FREE CASH FLOW | -$122M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $246M |
| Short-Term Investments | $610M |
| Net Receivables | $68M |
| Inventory | $110M |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $5.8B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $324M |
| TOTAL NON-CURRENT ASSETS | $6.1B |
| TOTAL ASSETS | $7.1B |
| Account Payables | $413M |
| Short-Term Debt | $410M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $57M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $669M |
| Other Non-Current Liabilities | $109M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $728M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.2B |
| Treasury Stock | -$620M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $7.1B |
| Total Debt | $3.4B |
| Net Debt | $3.2B |
