| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $287M | $835M | $653M | -65.6% | -56.0% |
| Op. Income | $52M | $142M | $124M | -63.4% | -58.1% |
| Gross Margin | 39.1% | 29.5% | 34.9% | 9.6pp | 4.1pp |
| Net Margin | 30.3% | 20.1% | 13.3% | 10.2pp | 17.0pp |
| EPS (Diluted) | $0.48 | $0.92 | $0.47 | -47.8% | 2.1% |
| Free Cash Flow | -$200.0K | $70M | $44M | -100.3% | -100.5% |
| Item | Amount |
|---|---|
| REVENUE | $287M |
| Cost of Revenue | $175M |
| GROSS PROFIT | $112M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $60M |
| Other Expenses | $0 |
| Operating Expenses | $60M |
| Cost & Expenses | $235M |
| OPERATING INCOME | $52M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $53M |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $17M |
| EBIT | $61M |
| EBITDA | $78M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $287M |
| Cost of Revenue | $175M |
| GROSS PROFIT | $112M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $60M |
| Other Expenses | $0 |
| Operating Expenses | $60M |
| Cost & Expenses | $235M |
| OPERATING INCOME | $52M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $53M |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $17M |
| EBIT | $61M |
| EBITDA | $78M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $87M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | -$58M |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | $32M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | -$14M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$200.0K |
| NET CASH FROM INVESTING | -$46M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$32M |
| Common Dividends Paid | -$23M |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$64M |
| FREE CASH FLOW | -$200.0K |
| Net Change in Cash | -$78M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $152M |
| Short-Term Investments | $0 |
| Net Receivables | $530M |
| Inventory | $264M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $1.1B |
| Goodwill | $0 |
| Intangible Assets | $782M |
| Long-Term Investments | $50M |
| Tax Assets | $13M |
| Other Non-Current Assets | $204M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $218M |
| Short-Term Debt | $32M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $291M |
| TOTAL CURRENT LIABILITIES | $541M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $34M |
| Other Non-Current Liabilities | $503M |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $33M |
| Retained Earnings | $123M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $167M |
| Minority Interest | $0 |
| TOTAL EQUITY | $167M |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $2.0B |
| Net Debt | $1.8B |
