| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $835M | $792M | $652M | 5.4% | 28.1% |
| Op. Income | $142M | $131M | $176M | 8.4% | -19.3% |
| Gross Margin | 29.5% | 32.7% | 39.6% | -3.2pp | -10.1pp |
| Net Margin | 20.1% | 12.2% | 18.7% | 7.9pp | 1.4pp |
| EPS (Diluted) | $0.92 | $0.53 | $0.66 | 73.6% | 39.4% |
| Free Cash Flow | $70M | $74M | $44M | -5.4% | 59.1% |
| Item | Amount |
|---|---|
| REVENUE | $835M |
| Cost of Revenue | $589M |
| GROSS PROFIT | $246M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $138M |
| Other Expenses | -$34M |
| Operating Expenses | $104M |
| Cost & Expenses | $693M |
| OPERATING INCOME | $142M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | $66M |
| INCOME BEFORE TAX | $208M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $168M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $168M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $168M |
| D&A | $24M |
| EBIT | $227M |
| EBITDA | $251M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $835M |
| Cost of Revenue | $589M |
| GROSS PROFIT | $246M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $138M |
| Other Expenses | -$34M |
| Operating Expenses | $104M |
| Cost & Expenses | $693M |
| OPERATING INCOME | $142M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | $66M |
| INCOME BEFORE TAX | $208M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $168M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $168M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $168M |
| D&A | $24M |
| EBIT | $227M |
| EBITDA | $251M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $168M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $24M |
| Other Non-Cash Items | -$70M |
| Change in Working Capital | -$42M |
| OPERATING CASH FLOW | $108M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | -$15M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$49M |
| Net Debt Issuance | $9M |
| Common Stock Repurchased | -$27M |
| Common Dividends Paid | -$22M |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | -$53M |
| FREE CASH FLOW | $70M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $123M |
| Short-Term Investments | $0 |
| Net Receivables | $65M |
| Inventory | $27M |
| Other Current Assets | $822M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $1.1B |
| Goodwill | $644M |
| Intangible Assets | $131M |
| Long-Term Investments | $47M |
| Tax Assets | $14M |
| Other Non-Current Assets | $194M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $39M |
| Short-Term Debt | $48M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $482M |
| TOTAL CURRENT LIABILITIES | $569M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $26M |
| Other Non-Current Liabilities | $437M |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $2M |
| Additional Paid-In Capital | $35M |
| Retained Earnings | $90M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $135M |
| Minority Interest | $0 |
| TOTAL EQUITY | $135M |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $2.1B |
| Net Debt | $2.0B |
