| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $552M | $622M | $459M | -11.3% | 20.2% |
| Op. Income | $12M | $22M | $6M | -45.4% | 93.0% |
| Gross Margin | 25.4% | 26.8% | 24.1% | -1.5pp | 1.3pp |
| Net Margin | 1.9% | 3.2% | 1.5% | -1.3pp | 0.4pp |
| EPS (Diluted) | $0.30 | $0.57 | $0.20 | -47.4% | 50.0% |
| Free Cash Flow | $21M | $14M | $18M | 51.4% | 15.6% |
| Item | Amount |
|---|---|
| REVENUE | $552M |
| Cost of Revenue | $412M |
| GROSS PROFIT | $140M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $121M |
| Other Expenses | $7M |
| Operating Expenses | $128M |
| Cost & Expenses | $540M |
| OPERATING INCOME | $12M |
| Interest Income | $505.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $505.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $7M |
| EBIT | $12M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $552M |
| Cost of Revenue | $412M |
| GROSS PROFIT | $140M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $121M |
| Other Expenses | $7M |
| Operating Expenses | $128M |
| Cost & Expenses | $540M |
| OPERATING INCOME | $12M |
| Interest Income | $505.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $505.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $7M |
| EBIT | $12M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $255.0K |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | -$40M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $247.0K |
| NET CASH FROM FINANCING | -$36M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $0 |
| Net Receivables | $336M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $398M |
| PP&E (Net) | $143M |
| Goodwill | $95M |
| Intangible Assets | $21M |
| Long-Term Investments | $129M |
| Tax Assets | $28M |
| Other Non-Current Assets | $167M |
| TOTAL NON-CURRENT ASSETS | $583M |
| TOTAL ASSETS | $981M |
| Account Payables | $64M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $69M |
| TOTAL CURRENT LIABILITIES | $226M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $229M |
| TOTAL NON-CURRENT LIABILITIES | $287M |
| TOTAL LIABILITIES | $513M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $483M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $468M |
| Minority Interest | $0 |
| TOTAL EQUITY | $468M |
| TOTAL LIABILITIES & EQUITY | $981M |
| Total Debt | $72M |
| Net Debt | $35M |
