| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.5B | $15.6B | $4.9B | -0.9% | 213.2% |
| Op. Income | $326M | $287M | $142M | 13.3% | 129.8% |
| Gross Margin | 5.8% | 5.5% | 6.0% | 0.3pp | -0.1pp |
| Net Margin | 0.9% | 0.8% | 1.8% | 0.1pp | -0.9pp |
| EPS (Diluted) | $1.38 | $2.07 | $1.70 | -33.3% | -18.8% |
| Free Cash Flow | -$1.3B | $520M | $21M | -358.7% | -6593.3% |
| Item | Amount |
|---|---|
| REVENUE | $15.5B |
| Cost of Revenue | $14.6B |
| GROSS PROFIT | $902M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $577M |
| Other Expenses | $0 |
| Operating Expenses | $577M |
| Cost & Expenses | $15.1B |
| OPERATING INCOME | $326M |
| Interest Income | $0 |
| Interest Expense | $32M |
| Other Income/Expenses | -$150M |
| INCOME BEFORE TAX | $176M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $131M |
| D&A | $156M |
| EBIT | $208M |
| EBITDA | $364M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $15.5B |
| Cost of Revenue | $14.6B |
| GROSS PROFIT | $902M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $577M |
| Other Expenses | $0 |
| Operating Expenses | $577M |
| Cost & Expenses | $15.1B |
| OPERATING INCOME | $326M |
| Interest Income | $0 |
| Interest Expense | $32M |
| Other Income/Expenses | -$150M |
| INCOME BEFORE TAX | $176M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $131M |
| D&A | $156M |
| EBIT | $208M |
| EBITDA | $364M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $132M |
| Depreciation & Amortization | $156M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$1.6B |
| OPERATING CASH FLOW | -$1.3B |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $910M |
| Common Stock Repurchased | -$29M |
| Common Dividends Paid | -$29M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $854M |
| FREE CASH FLOW | -$1.3B |
| Net Change in Cash | -$485M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $510M |
| Short-Term Investments | $0 |
| Net Receivables | $9.8B |
| Inventory | $7.9B |
| Other Current Assets | $720M |
| TOTAL CURRENT ASSETS | $18.9B |
| PP&E (Net) | $430M |
| Goodwill | $3.9B |
| Intangible Assets | $4.8B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $599M |
| TOTAL NON-CURRENT ASSETS | $9.8B |
| TOTAL ASSETS | $28.7B |
| Account Payables | $12.2B |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $15.2B |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.0B |
| Other Non-Current Liabilities | $515M |
| TOTAL NON-CURRENT LIABILITIES | $5.5B |
| TOTAL LIABILITIES | $20.7B |
| Common Stock | $98.0K |
| Additional Paid-In Capital | $7.3B |
| Retained Earnings | $1.3B |
| Treasury Stock | -$230M |
| Accum. Other Comp. Income | -$317M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.0B |
| TOTAL LIABILITIES & EQUITY | $28.7B |
| Total Debt | $5.0B |
| Net Debt | $4.5B |
