| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.6B | $7.9B | $6.1B | -3.2% | 24.5% |
| Op. Income | $137M | $135M | $30M | 1.5% | 356.7% |
| Gross Margin | 16.3% | 15.7% | 16.4% | 0.5pp | -0.2pp |
| Net Margin | 0.9% | 0.8% | -0.2% | 0.1pp | 1.1pp |
| EPS (Diluted) | $0.26 | $0.24 | $-0.04 | 8.3% | 686.9% |
| Free Cash Flow | -$202M | $204M | -$155M | -199.0% | -30.3% |
| Item | Amount |
|---|---|
| REVENUE | $7.6B |
| Cost of Revenue | $6.4B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.1B |
| Other Expenses | $0 |
| Operating Expenses | $1.1B |
| Cost & Expenses | $7.5B |
| OPERATING INCOME | $137M |
| Interest Income | $0 |
| Interest Expense | $55M |
| Other Income/Expenses | -$48M |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $92M |
| EBIT | $144M |
| EBITDA | $236M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7.6B |
| Cost of Revenue | $6.4B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.1B |
| Other Expenses | $0 |
| Operating Expenses | $1.1B |
| Cost & Expenses | $7.5B |
| OPERATING INCOME | $137M |
| Interest Income | $0 |
| Interest Expense | $55M |
| Other Income/Expenses | -$48M |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $92M |
| EBIT | $144M |
| EBITDA | $236M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $69M |
| Depreciation & Amortization | $92M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $19M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$292M |
| OPERATING CASH FLOW | -$101M |
| Capital Expenditure | -$101M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$96M |
| Net Debt Issuance | -$409M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$426M |
| FREE CASH FLOW | -$202M |
| Net Change in Cash | -$624M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $148M |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $1.7B |
| Other Current Assets | $26M |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $2.0B |
| Goodwill | $5.6B |
| Intangible Assets | $830M |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $431M |
| TOTAL NON-CURRENT ASSETS | $8.9B |
| TOTAL ASSETS | $12.5B |
| Account Payables | $1.7B |
| Short-Term Debt | $278M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $139M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $4.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $307M |
| Other Non-Current Liabilities | $235M |
| TOTAL NON-CURRENT LIABILITIES | $5.7B |
| TOTAL LIABILITIES | $8.3B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | $782M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.3B |
| TOTAL LIABILITIES & EQUITY | $12.5B |
| Total Debt | $5.5B |
| Net Debt | $5.3B |
