| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $896M | $896M | 19.3% | 19.3% |
| Op. Income | $39M | $17M | $9M | 129.1% | 314.5% |
| Gross Margin | 13.6% | 13.7% | 13.8% | -0.1pp | -0.2pp |
| Net Margin | 3.7% | 2.1% | 2.1% | 1.6pp | 1.6pp |
| EPS (Diluted) | $0.07 | $0.04 | $0.03 | 111.4% | 117.6% |
| Free Cash Flow | $50M | -$143M | -$106M | 135.0% | 147.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $923M |
| GROSS PROFIT | $146M |
| R&D Expenses | $59M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $48M |
| Other Expenses | $0 |
| Operating Expenses | $106M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $635.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $7M |
| EBIT | $38M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $923M |
| GROSS PROFIT | $146M |
| R&D Expenses | $59M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $48M |
| Other Expenses | $0 |
| Operating Expenses | $106M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $635.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $7M |
| EBIT | $38M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $11M |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $50M |
| Net Change in Cash | $54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $232M |
| Short-Term Investments | $0 |
| Net Receivables | $564M |
| Inventory | $1.0B |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $295M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $6M |
| Tax Assets | $63M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $375M |
| TOTAL ASSETS | $2.2B |
| Account Payables | $612M |
| Short-Term Debt | $63M |
| Deferred Revenue | $179M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $969M |
| Long-Term Debt | $35M |
| Deferred Revenue NC | $101M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $177M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $438M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $658M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $453.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $173.0K |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $119M |
| Net Debt | -$113M |
