| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.3B | $2.4B | -2.1% | -6.8% |
| Op. Income | $297M | $406M | $410M | -26.8% | -27.5% |
| Gross Margin | 21.1% | 25.6% | 23.7% | -4.6pp | -2.6pp |
| Net Margin | 9.6% | 13.0% | 12.4% | -3.4pp | -2.8pp |
| EPS (Diluted) | $5.49 | $7.61 | $7.62 | -27.9% | -28.0% |
| Free Cash Flow | $214M | $181M | $201M | 17.8% | 6.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $480M |
| R&D Expenses | $0 |
| Selling & Marketing | $134M |
| General & Administrative | $28M |
| SG&A Expenses | $162M |
| Other Expenses | $21M |
| Operating Expenses | $183M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $297M |
| Interest Income | $1M |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $292M |
| Income Tax Expense | $74M |
| Net Income from Continuing Ops | $218M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $218M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $218M |
| D&A | $21M |
| EBIT | $298M |
| EBITDA | $320M |
| EPS | $6 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $480M |
| R&D Expenses | $0 |
| Selling & Marketing | $134M |
| General & Administrative | $28M |
| SG&A Expenses | $162M |
| Other Expenses | $21M |
| Operating Expenses | $183M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $297M |
| Interest Income | $1M |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $292M |
| Income Tax Expense | $74M |
| Net Income from Continuing Ops | $218M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $218M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $218M |
| D&A | $21M |
| EBIT | $298M |
| EBITDA | $320M |
| EPS | $6 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $218M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $20M |
| Other Non-Cash Items | $350.0K |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $237M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $283.0K |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$103M |
| Other Financing Activities | -$416.0K |
| NET CASH FROM FINANCING | -$104M |
| FREE CASH FLOW | $214M |
| Net Change in Cash | $110M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $0 |
| Net Receivables | $592M |
| Inventory | $804M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $584M |
| Goodwill | $60M |
| Intangible Assets | $15M |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $687M |
| TOTAL ASSETS | $3.1B |
| Account Payables | $437M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $123M |
| TOTAL CURRENT LIABILITIES | $769M |
| Long-Term Debt | $445M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $25M |
| Other Non-Current Liabilities | $45M |
| TOTAL NON-CURRENT LIABILITIES | $601M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $448.0K |
| Additional Paid-In Capital | $545M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$139M |
| Accum. Other Comp. Income | -$917.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $531M |
| Net Debt | -$502M |
