| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $356M | $340M | $360M | 4.4% | -1.2% |
| Op. Income | $53M | $39M | $48M | 33.7% | 8.9% |
| Gross Margin | 35.1% | 33.0% | 32.1% | 2.1pp | 3.0pp |
| Net Margin | 10.4% | 8.0% | 8.8% | 2.4pp | 1.6pp |
| EPS (Diluted) | $0.88 | $0.65 | $0.75 | 35.4% | 17.3% |
| Free Cash Flow | -$14M | $6M | $15M | -331.4% | -192.6% |
| Item | Amount |
|---|---|
| REVENUE | $356M |
| Cost of Revenue | $231M |
| GROSS PROFIT | $125M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $72M |
| Other Expenses | $0 |
| Operating Expenses | $72M |
| Cost & Expenses | $303M |
| OPERATING INCOME | $53M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $13M |
| EBIT | $53M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $356M |
| Cost of Revenue | $231M |
| GROSS PROFIT | $125M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $72M |
| Other Expenses | $0 |
| Operating Expenses | $72M |
| Cost & Expenses | $303M |
| OPERATING INCOME | $53M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $13M |
| EBIT | $53M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$48.0K |
| Change in Working Capital | -$59M |
| OPERATING CASH FLOW | -$892.0K |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $89.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $434.0K |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $34M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$17M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $15M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $0 |
| Net Receivables | $282M |
| Inventory | $423M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $783M |
| PP&E (Net) | $445M |
| Goodwill | $415M |
| Intangible Assets | $14M |
| Long-Term Investments | $0 |
| Tax Assets | $26M |
| Other Non-Current Assets | $104M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $115M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $214M |
| Long-Term Debt | $530M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $68M |
| TOTAL NON-CURRENT LIABILITIES | $613M |
| TOTAL LIABILITIES | $827M |
| Common Stock | $5M |
| Additional Paid-In Capital | $113M |
| Retained Earnings | $1.7B |
| Treasury Stock | -$632M |
| Accum. Other Comp. Income | -$175M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $962M |
| Minority Interest | $0 |
| TOTAL EQUITY | $962M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $537M |
| Net Debt | $505M |
