| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $540M | $517M | $242M | 4.5% | 122.8% |
| Op. Income | $416M | $403M | $139M | 3.3% | 199.7% |
| Gross Margin | 82.5% | 81.4% | 65.9% | 1.1pp | 16.6pp |
| Net Margin | 38.4% | 48.7% | 150.7% | -10.3pp | -112.3pp |
| EPS (Diluted) | $1.24 | $1.56 | $2.27 | -20.7% | -45.5% |
| Free Cash Flow | $187M | $76M | $26M | 144.6% | 614.6% |
| Item | Amount |
|---|---|
| REVENUE | $540M |
| Cost of Revenue | $95M |
| GROSS PROFIT | $445M |
| R&D Expenses | $0 |
| Selling & Marketing | $19M |
| General & Administrative | $10M |
| SG&A Expenses | $29M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $124M |
| OPERATING INCOME | $416M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$206M |
| INCOME BEFORE TAX | $210M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $208M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $208M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $208M |
| D&A | $132M |
| EBIT | $182M |
| EBITDA | $314M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $540M |
| Cost of Revenue | $95M |
| GROSS PROFIT | $445M |
| R&D Expenses | $0 |
| Selling & Marketing | $19M |
| General & Administrative | $10M |
| SG&A Expenses | $29M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $124M |
| OPERATING INCOME | $416M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$206M |
| INCOME BEFORE TAX | $210M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $208M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $208M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $208M |
| D&A | $132M |
| EBIT | $182M |
| EBITDA | $314M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $208M |
| Depreciation & Amortization | $98M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$41M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | $249M |
| Capital Expenditure | -$62M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$81M |
| Net Debt Issuance | -$169M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$169M |
| FREE CASH FLOW | $187M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $290M |
| Inventory | $17M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $403M |
| PP&E (Net) | $3.8B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $332M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $292M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $403M |
| TOTAL CURRENT LIABILITIES | $771M |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $253M |
| Other Non-Current Liabilities | $756M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $3.1B |
| Additional Paid-In Capital | $45M |
| Retained Earnings | -$1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $1.0B |
| Net Debt | $1.0B |
