| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.8B | $6.8B | $5.5B | -0.3% | 22.9% |
| Op. Income | $470M | $345M | $261M | 35.9% | 80.2% |
| Gross Margin | 8.6% | 7.2% | 7.0% | 1.4pp | 1.7pp |
| Net Margin | 5.1% | 4.0% | 3.5% | 1.2pp | 1.6pp |
| EPS (Diluted) | $2.67 | $2.05 | $1.44 | 30.2% | 85.4% |
| Free Cash Flow | $222M | -$40M | $133M | 653.0% | 67.0% |
| Item | Amount |
|---|---|
| REVENUE | $6.8B |
| Cost of Revenue | $6.2B |
| GROSS PROFIT | $587M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $117M |
| Other Expenses | $0 |
| Operating Expenses | $117M |
| Cost & Expenses | $6.3B |
| OPERATING INCOME | $470M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $442M |
| Income Tax Expense | $94M |
| Net Income from Continuing Ops | $348M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $348M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $348M |
| D&A | $23M |
| EBIT | $470M |
| EBITDA | $493M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $6.8B |
| Cost of Revenue | $6.2B |
| GROSS PROFIT | $587M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $117M |
| Other Expenses | $0 |
| Operating Expenses | $117M |
| Cost & Expenses | $6.3B |
| OPERATING INCOME | $470M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $442M |
| Income Tax Expense | $94M |
| Net Income from Continuing Ops | $348M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $348M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $348M |
| D&A | $23M |
| EBIT | $470M |
| EBITDA | $493M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $348M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$33M |
| Change in Working Capital | -$98M |
| OPERATING CASH FLOW | $265M |
| Capital Expenditure | -$43M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $45M |
| NET CASH FROM INVESTING | $18M |
| Net Debt Issuance | $102M |
| Common Stock Repurchased | -$329M |
| Common Dividends Paid | -$72M |
| Other Financing Activities | $21M |
| NET CASH FROM FINANCING | -$279M |
| FREE CASH FLOW | $222M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $239M |
| Short-Term Investments | $0 |
| Net Receivables | $4.8B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.2B |
| PP&E (Net) | $494M |
| Goodwill | $1.5B |
| Intangible Assets | $76M |
| Long-Term Investments | $0 |
| Tax Assets | $134M |
| Other Non-Current Assets | $112M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $7.5B |
| Account Payables | $1.9B |
| Short-Term Debt | $674M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $190M |
| TOTAL CURRENT LIABILITIES | $3.5B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $5.4B |
| Common Stock | $13M |
| Additional Paid-In Capital | $709M |
| Retained Earnings | $5.4B |
| Treasury Stock | -$4.0B |
| Accum. Other Comp. Income | -$88M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $7.5B |
| Total Debt | $2.6B |
| Net Debt | $2.4B |
