| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $313M | $306M | $185M | 2.1% | 69.5% |
| Op. Income | $50M | $54M | $10M | -6.6% | 399.0% |
| Gross Margin | 37.8% | 38.0% | 30.1% | -0.2pp | 7.7pp |
| Net Margin | 12.1% | 13.3% | 3.1% | -1.2pp | 9.0pp |
| EPS (Diluted) | $1.25 | $1.35 | $0.20 | -7.4% | 525.0% |
| Free Cash Flow | -$11M | $37M | $15M | -128.8% | -171.9% |
| Item | Amount |
|---|---|
| REVENUE | $313M |
| Cost of Revenue | $195M |
| GROSS PROFIT | $118M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $68M |
| Other Expenses | $14.0K |
| Operating Expenses | $68M |
| Cost & Expenses | $263M |
| OPERATING INCOME | $50M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $16M |
| EBIT | $50M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $313M |
| Cost of Revenue | $195M |
| GROSS PROFIT | $118M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $68M |
| Other Expenses | $14.0K |
| Operating Expenses | $68M |
| Cost & Expenses | $263M |
| OPERATING INCOME | $50M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $16M |
| EBIT | $50M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$739.0K |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$54M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$190.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $752.0K |
| NET CASH FROM FINANCING | $562.0K |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $0 |
| Net Receivables | $13M |
| Inventory | $350M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $441M |
| PP&E (Net) | $334M |
| Goodwill | $198M |
| Intangible Assets | $61M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $596M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $141M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $280M |
| Long-Term Debt | $49M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $276M |
| TOTAL LIABILITIES | $556M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $194M |
| Retained Earnings | $292M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $481M |
| Minority Interest | $0 |
| TOTAL EQUITY | $481M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $299M |
| Net Debt | $260M |
