| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $2.0B | $1.5B | 1.4% | 37.4% |
| Op. Income | $266M | $273M | $113M | -2.5% | 135.1% |
| Gross Margin | 19.6% | 20.0% | 16.0% | -0.3pp | 3.6pp |
| Net Margin | 19.1% | 11.8% | 4.5% | 7.3pp | 14.5pp |
| EPS (Diluted) | $3.12 | $1.90 | $0.55 | 64.2% | 467.3% |
| Free Cash Flow | -$93M | -$44M | -$37M | -109.2% | -149.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $394M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $128M |
| Other Expenses | $0 |
| Operating Expenses | $128M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $266M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | $244M |
| INCOME BEFORE TAX | $510M |
| Income Tax Expense | $126M |
| Net Income from Continuing Ops | $383M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $383M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $383M |
| D&A | $41M |
| EBIT | $522M |
| EBITDA | $563M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $394M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $128M |
| Other Expenses | $0 |
| Operating Expenses | $128M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $266M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | $244M |
| INCOME BEFORE TAX | $510M |
| Income Tax Expense | $126M |
| Net Income from Continuing Ops | $383M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $383M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $383M |
| D&A | $41M |
| EBIT | $522M |
| EBITDA | $563M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $383M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $40M |
| Other Non-Cash Items | -$255M |
| Change in Working Capital | -$197M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$121M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $311M |
| NET CASH FROM INVESTING | $190M |
| Net Debt Issuance | $428M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | -$41M |
| NET CASH FROM FINANCING | $364M |
| FREE CASH FLOW | -$93M |
| Net Change in Cash | $581M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $847M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $1.1B |
| Other Current Assets | $155M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $1.6B |
| Goodwill | $66M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $299M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $5.5B |
| Account Payables | $414M |
| Short-Term Debt | $28M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $825M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $146M |
| Other Non-Current Liabilities | $217M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $366M |
| Retained Earnings | $2.7B |
| Treasury Stock | -$151M |
| Accum. Other Comp. Income | -$92M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $232.0K |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $1.5B |
| Net Debt | $627M |
