| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $1.7B | $1.9B | 26.1% | 13.9% |
| Op. Income | $327M | $390M | $371M | -16.2% | -11.8% |
| Gross Margin | 29.7% | 40.8% | 34.7% | -11.0pp | -5.0pp |
| Net Margin | 10.2% | 16.6% | 12.4% | -6.4pp | -2.2pp |
| EPS (Diluted) | $0.71 | $0.92 | $0.76 | -22.8% | -6.6% |
| Free Cash Flow | -$599M | $163M | -$374M | -468.1% | -60.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $655M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $328M |
| Operating Expenses | $328M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $327M |
| Interest Income | $0 |
| Interest Expense | $114M |
| Other Income/Expenses | -$83M |
| INCOME BEFORE TAX | $244M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $224M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $300.0K |
| NET INCOME | $224M |
| Net Income Deductions | $300.0K |
| BOTTOM LINE NET INCOME | $224M |
| D&A | $275M |
| EBIT | $358M |
| EBITDA | $633M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $655M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $328M |
| Operating Expenses | $328M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $327M |
| Interest Income | $0 |
| Interest Expense | $114M |
| Other Income/Expenses | -$83M |
| INCOME BEFORE TAX | $244M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $224M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $300.0K |
| NET INCOME | $224M |
| Net Income Deductions | $300.0K |
| BOTTOM LINE NET INCOME | $224M |
| D&A | $275M |
| EBIT | $358M |
| EBITDA | $633M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $224M |
| Depreciation & Amortization | $275M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | -$59M |
| Change in Working Capital | -$407M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$625M |
| Acquisitions (Net) | -$100.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$623M |
| Net Debt Issuance | $849M |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | -$214M |
| Other Financing Activities | -$43M |
| NET CASH FROM FINANCING | $575M |
| FREE CASH FLOW | -$599M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $636M |
| Other Current Assets | $253M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $27.0B |
| Goodwill | $3.1B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.5B |
| TOTAL NON-CURRENT ASSETS | $36.3B |
| TOTAL ASSETS | $39.0B |
| Account Payables | $1.0B |
| Short-Term Debt | $2.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $681M |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $13.5B |
| Deferred Revenue NC | $389M |
| Deferred Tax Liabilities | $4.3B |
| Other Non-Current Liabilities | $5.9B |
| TOTAL NON-CURRENT LIABILITIES | $24.1B |
| TOTAL LIABILITIES | $27.9B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | $6.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.9B |
| Minority Interest | $170M |
| TOTAL EQUITY | $11.1B |
| TOTAL LIABILITIES & EQUITY | $39.0B |
| Total Debt | $15.6B |
| Net Debt | $15.6B |
