| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.3B | 2.2% | 4.2% |
| Op. Income | $262M | $281M | $299M | -6.8% | -12.4% |
| Gross Margin | 41.2% | 42.6% | 43.4% | -1.4pp | -2.3pp |
| Net Margin | 14.1% | 15.8% | 17.2% | -1.6pp | -3.1pp |
| EPS (Diluted) | $0.76 | $0.83 | $0.87 | -8.4% | -12.6% |
| Free Cash Flow | $134M | $137M | $227M | -2.0% | -40.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $780M |
| GROSS PROFIT | $545M |
| R&D Expenses | $0 |
| Selling & Marketing | $103M |
| General & Administrative | $181M |
| SG&A Expenses | $284M |
| Other Expenses | $0 |
| Operating Expenses | $284M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $262M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $247M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $187M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $187M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $187M |
| D&A | $54M |
| EBIT | $266M |
| EBITDA | $319M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $780M |
| GROSS PROFIT | $545M |
| R&D Expenses | $0 |
| Selling & Marketing | $103M |
| General & Administrative | $181M |
| SG&A Expenses | $284M |
| Other Expenses | $0 |
| Operating Expenses | $284M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $262M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $247M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $187M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $187M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $187M |
| D&A | $54M |
| EBIT | $266M |
| EBITDA | $319M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $187M |
| Depreciation & Amortization | $54M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$98M |
| OPERATING CASH FLOW | $158M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$900.0K |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | $400M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$64M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | $335M |
| FREE CASH FLOW | $134M |
| Net Change in Cash | $465M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $640M |
| Short-Term Investments | $0 |
| Net Receivables | $406M |
| Inventory | $663M |
| Other Current Assets | $42M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $661M |
| Goodwill | $2.3B |
| Intangible Assets | $3.4B |
| Long-Term Investments | $12M |
| Tax Assets | $0 |
| Other Non-Current Assets | $316M |
| TOTAL NON-CURRENT ASSETS | $6.7B |
| TOTAL ASSETS | $8.4B |
| Account Payables | $667M |
| Short-Term Debt | $726M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $270M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $747M |
| Other Non-Current Liabilities | $160M |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $293M |
| Additional Paid-In Capital | $350M |
| Retained Earnings | $5.6B |
| Treasury Stock | -$2.7B |
| Accum. Other Comp. Income | -$47M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $8.4B |
| Total Debt | $3.0B |
| Net Debt | $2.3B |
