| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $990M | $864M | 1.3% | 16.0% |
| Op. Income | $75M | $70M | $62M | 6.7% | 21.1% |
| Gross Margin | 18.5% | 17.4% | 20.3% | 1.2pp | -1.8pp |
| Net Margin | 5.2% | 5.9% | 4.6% | -0.8pp | 0.5pp |
| EPS (Diluted) | $0.74 | $0.82 | $0.56 | -9.8% | 32.1% |
| Free Cash Flow | -$72M | -$59M | $131M | -22.3% | -154.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $817M |
| GROSS PROFIT | $186M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $111M |
| Other Expenses | $0 |
| Operating Expenses | $111M |
| Cost & Expenses | $928M |
| OPERATING INCOME | $75M |
| Interest Income | $600.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | -$400.0K |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $12M |
| EBIT | $75M |
| EBITDA | $87M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $817M |
| GROSS PROFIT | $186M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $111M |
| Other Expenses | $0 |
| Operating Expenses | $111M |
| Cost & Expenses | $928M |
| OPERATING INCOME | $75M |
| Interest Income | $600.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | -$400.0K |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $12M |
| EBIT | $75M |
| EBITDA | $87M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$500.0K |
| Change in Working Capital | -$124M |
| OPERATING CASH FLOW | -$52M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | $65M |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | $28M |
| FREE CASH FLOW | -$72M |
| Net Change in Cash | -$49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $218M |
| Short-Term Investments | $0 |
| Net Receivables | $526M |
| Inventory | $921M |
| Other Current Assets | $170M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $434M |
| Goodwill | $275M |
| Intangible Assets | $13M |
| Long-Term Investments | $1M |
| Tax Assets | -$1M |
| Other Non-Current Assets | $383M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $572M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $346M |
| TOTAL CURRENT LIABILITIES | $920M |
| Long-Term Debt | $738M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $168M |
| TOTAL NON-CURRENT LIABILITIES | $906M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $900.0K |
| Additional Paid-In Capital | $861M |
| Retained Earnings | $980M |
| Treasury Stock | -$479M |
| Accum. Other Comp. Income | -$249M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $740M |
| Net Debt | $522M |
