| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $443M | $363M | $376M | 22.2% | 17.9% |
| Op. Income | $94M | $69M | $81M | 36.4% | 15.1% |
| Gross Margin | 57.5% | 57.1% | 59.8% | 0.4pp | -2.3pp |
| Net Margin | 16.4% | 14.6% | 16.6% | 1.8pp | -0.2pp |
| EPS (Diluted) | $0.82 | $0.60 | $0.71 | 36.7% | 15.5% |
| Free Cash Flow | $58M | $36M | $123M | 63.3% | -52.4% |
| Item | Amount |
|---|---|
| REVENUE | $443M |
| Cost of Revenue | $188M |
| GROSS PROFIT | $255M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $161M |
| Other Expenses | $0 |
| Operating Expenses | $161M |
| Cost & Expenses | $349M |
| OPERATING INCOME | $94M |
| Interest Income | $0 |
| Interest Expense | $820.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $92M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $9M |
| EBIT | $94M |
| EBITDA | $102M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $443M |
| Cost of Revenue | $188M |
| GROSS PROFIT | $255M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $161M |
| Other Expenses | $0 |
| Operating Expenses | $161M |
| Cost & Expenses | $349M |
| OPERATING INCOME | $94M |
| Interest Income | $0 |
| Interest Expense | $820.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $92M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $9M |
| EBIT | $94M |
| EBITDA | $102M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $73M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $73M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $58M |
| Net Change in Cash | $53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $312M |
| Short-Term Investments | $0 |
| Net Receivables | $110M |
| Inventory | $319M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $770M |
| PP&E (Net) | $174M |
| Goodwill | $54M |
| Intangible Assets | $95M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $326M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $191M |
| Short-Term Debt | $23M |
| Deferred Revenue | $21M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $404M |
| Long-Term Debt | $88M |
| Deferred Revenue NC | -$11M |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $175M |
| TOTAL LIABILITIES | $579M |
| Common Stock | $877.0K |
| Additional Paid-In Capital | $338M |
| Retained Earnings | $179M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $353.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $518M |
| Minority Interest | $0 |
| TOTAL EQUITY | $518M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $186M |
| Net Debt | -$126M |
