| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.6B | $857M | -8.1% | 66.4% |
| Op. Income | $184M | $208M | $99M | -11.7% | 85.1% |
| Gross Margin | 32.3% | 32.0% | 32.7% | 0.3pp | -0.5pp |
| Net Margin | 8.7% | 9.4% | 7.8% | -0.7pp | 0.9pp |
| EPS (Diluted) | $2.77 | $3.09 | $1.39 | -10.4% | 99.3% |
| Free Cash Flow | $206M | $187M | $160M | 10.5% | 28.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $966M |
| GROSS PROFIT | $460M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $244M |
| SG&A Expenses | $244M |
| Other Expenses | $32M |
| Operating Expenses | $277M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $184M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $173M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $33M |
| EBIT | $184M |
| EBITDA | $217M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $966M |
| GROSS PROFIT | $460M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $244M |
| SG&A Expenses | $244M |
| Other Expenses | $32M |
| Operating Expenses | $277M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $184M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $173M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $33M |
| EBIT | $184M |
| EBITDA | $217M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $124M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $61M |
| OPERATING CASH FLOW | $224M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | -$70M |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$93M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$174M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$366.0K |
| NET CASH FROM FINANCING | -$174M |
| FREE CASH FLOW | $206M |
| Net Change in Cash | -$42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $79M |
| Short-Term Investments | $0 |
| Net Receivables | $1.0B |
| Inventory | $0 |
| Other Current Assets | $53M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $157M |
| Goodwill | $936M |
| Intangible Assets | $516M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $210M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $349M |
| Short-Term Debt | $0 |
| Deferred Revenue | $72M |
| Other Current Liabilities | $266M |
| TOTAL CURRENT LIABILITIES | $957M |
| Long-Term Debt | $843M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $51M |
| Other Non-Current Liabilities | $106M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $497M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$524M |
| Accum. Other Comp. Income | -$870.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $863M |
| Net Debt | $783M |
