| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.9B | $5.6B | $4.7B | 5.0% | 25.6% |
| Op. Income | $212M | $168M | $57M | 25.8% | 269.9% |
| Gross Margin | 12.2% | 11.8% | 11.0% | 0.3pp | 1.2pp |
| Net Margin | 2.6% | 2.0% | 0.4% | 0.6pp | 2.2pp |
| EPS (Diluted) | $1.50 | $1.10 | $0.19 | 36.4% | 689.5% |
| Free Cash Flow | -$242M | -$43M | $75M | -463.7% | -423.4% |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $5.2B |
| GROSS PROFIT | $713M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $501M |
| Other Expenses | $0 |
| Operating Expenses | $501M |
| Cost & Expenses | $5.7B |
| OPERATING INCOME | $212M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $192M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $151M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $151M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $151M |
| D&A | $39M |
| EBIT | $213M |
| EBITDA | $253M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $5.2B |
| GROSS PROFIT | $713M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $501M |
| Other Expenses | $0 |
| Operating Expenses | $501M |
| Cost & Expenses | $5.7B |
| OPERATING INCOME | $212M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $192M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $151M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $151M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $151M |
| D&A | $39M |
| EBIT | $213M |
| EBITDA | $253M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $151M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$439M |
| OPERATING CASH FLOW | -$232M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $68M |
| NET CASH FROM INVESTING | $58M |
| Net Debt Issuance | $121M |
| Common Stock Repurchased | -$36M |
| Common Dividends Paid | -$24M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $57M |
| FREE CASH FLOW | -$242M |
| Net Change in Cash | -$131M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $168M |
| Short-Term Investments | $0 |
| Net Receivables | $4.1B |
| Inventory | $3.5B |
| Other Current Assets | $156M |
| TOTAL CURRENT ASSETS | $7.9B |
| PP&E (Net) | $586M |
| Goodwill | $824M |
| Intangible Assets | $19M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $207M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $9.6B |
| Account Payables | $2.7B |
| Short-Term Debt | $350M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.7B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $323M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $5.4B |
| Common Stock | $98M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $2.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$224M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.2B |
| TOTAL LIABILITIES & EQUITY | $9.6B |
| Total Debt | $1.8B |
| Net Debt | $1.6B |
