| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.5B | -0.3% | 1.2% |
| Op. Income | $124M | $127M | $142M | -2.3% | -12.3% |
| Gross Margin | 8.4% | 8.5% | 9.6% | -0.2pp | -1.3pp |
| Net Margin | 6.1% | 5.9% | 7.2% | 0.2pp | -1.2pp |
| EPS (Diluted) | $3.83 | $3.70 | $4.18 | 3.5% | -8.4% |
| Free Cash Flow | $111M | $176M | $190M | -36.6% | -41.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $124M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $124M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $113M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $90M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $90M |
| D&A | $33M |
| EBIT | $124M |
| EBITDA | $157M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $124M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $124M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $113M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $90M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $90M |
| D&A | $33M |
| EBIT | $124M |
| EBITDA | $157M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $90M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | $123M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$493M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $923.0K |
| NET CASH FROM INVESTING | -$504M |
| Net Debt Issuance | $421M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$18M |
| NET CASH FROM FINANCING | $401M |
| FREE CASH FLOW | $111M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $124M |
| Short-Term Investments | $0 |
| Net Receivables | $859M |
| Inventory | $96M |
| Other Current Assets | $255M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $542M |
| Goodwill | $4.1B |
| Intangible Assets | $621M |
| Long-Term Investments | $23M |
| Tax Assets | $0 |
| Other Non-Current Assets | $165M |
| TOTAL NON-CURRENT ASSETS | $5.4B |
| TOTAL ASSETS | $6.8B |
| Account Payables | $218M |
| Short-Term Debt | $31M |
| Deferred Revenue | $102M |
| Other Current Liabilities | $214M |
| TOTAL CURRENT LIABILITIES | $937M |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $339M |
| Other Non-Current Liabilities | $186M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $4M |
| Additional Paid-In Capital | $556M |
| Retained Earnings | $3.4B |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | -$35M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $135.0K |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $2.5B |
| Net Debt | $2.3B |
