| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $667M | $610M | $576M | 9.2% | 15.7% |
| Op. Income | $82M | $74M | $68M | 11.4% | 19.9% |
| Gross Margin | 33.4% | 34.2% | 33.2% | -0.9pp | 0.1pp |
| Net Margin | 8.8% | 5.9% | 7.6% | 2.9pp | 1.2pp |
| EPS (Diluted) | $1.31 | $0.79 | $0.97 | 65.8% | 35.1% |
| Free Cash Flow | $29M | -$69M | $49M | 142.6% | -39.5% |
| Item | Amount |
|---|---|
| REVENUE | $667M |
| Cost of Revenue | $444M |
| GROSS PROFIT | $222M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $105M |
| Other Expenses | $9M |
| Operating Expenses | $140M |
| Cost & Expenses | $585M |
| OPERATING INCOME | $82M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $22M |
| EBIT | $83M |
| EBITDA | $105M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $667M |
| Cost of Revenue | $444M |
| GROSS PROFIT | $222M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $105M |
| Other Expenses | $9M |
| Operating Expenses | $140M |
| Cost & Expenses | $585M |
| OPERATING INCOME | $82M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $22M |
| EBIT | $83M |
| EBITDA | $105M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $59M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$110M |
| Other Non-Cash Items | $110M |
| Change in Working Capital | -$37M |
| OPERATING CASH FLOW | $49M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | -$38M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$57M |
| Net Debt Issuance | -$38.0K |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | -$32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $528M |
| Short-Term Investments | $0 |
| Net Receivables | $426M |
| Inventory | $394M |
| Other Current Assets | $61M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $414M |
| Goodwill | $861M |
| Intangible Assets | $256M |
| Long-Term Investments | $0 |
| Tax Assets | $34M |
| Other Non-Current Assets | $52M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $349M |
| Short-Term Debt | $16M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $225M |
| TOTAL CURRENT LIABILITIES | $590M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $60M |
| Other Non-Current Liabilities | $129M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $503.0K |
| Additional Paid-In Capital | $821M |
| Retained Earnings | $596M |
| Treasury Stock | -$354M |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $881.0K |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $1.2B |
| Net Debt | $686M |
