| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $909M | $926M | $777M | -1.8% | 17.1% |
| Op. Income | $102M | $115M | $91M | -11.1% | 12.4% |
| Gross Margin | 41.7% | 41.7% | 43.4% | 0.1pp | -1.6pp |
| Net Margin | 8.3% | 9.5% | 8.1% | -1.2pp | 0.2pp |
| EPS (Diluted) | $2.13 | $2.46 | $1.74 | -13.4% | 22.4% |
| Free Cash Flow | $29M | $74M | $79M | -61.3% | -63.5% |
| Item | Amount |
|---|---|
| REVENUE | $909M |
| Cost of Revenue | $530M |
| GROSS PROFIT | $379M |
| R&D Expenses | $0 |
| Selling & Marketing | $277M |
| General & Administrative | $0 |
| SG&A Expenses | $277M |
| Other Expenses | $0 |
| Operating Expenses | $277M |
| Cost & Expenses | $807M |
| OPERATING INCOME | $102M |
| Interest Income | $400.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $24M |
| EBIT | $105M |
| EBITDA | $128M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $909M |
| Cost of Revenue | $530M |
| GROSS PROFIT | $379M |
| R&D Expenses | $0 |
| Selling & Marketing | $277M |
| General & Administrative | $0 |
| SG&A Expenses | $277M |
| Other Expenses | $0 |
| Operating Expenses | $277M |
| Cost & Expenses | $807M |
| OPERATING INCOME | $102M |
| Interest Income | $400.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $24M |
| EBIT | $105M |
| EBITDA | $128M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $75M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$600.0K |
| Change in Working Capital | -$65M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$52M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$55M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $476M |
| Short-Term Investments | $0 |
| Net Receivables | $547M |
| Inventory | $524M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $324M |
| Goodwill | $1.1B |
| Intangible Assets | $552M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $37M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $455M |
| Short-Term Debt | $0 |
| Deferred Revenue | $10M |
| Other Current Liabilities | $255M |
| TOTAL CURRENT LIABILITIES | $744M |
| Long-Term Debt | $495M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $101M |
| Other Non-Current Liabilities | $187M |
| TOTAL NON-CURRENT LIABILITIES | $831M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $3.0B |
| Treasury Stock | -$1.8B |
| Accum. Other Comp. Income | -$103M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $560M |
| Net Debt | $85M |
