| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $965M | $660M | $641M | 46.1% | 50.5% |
| Op. Income | $248M | $119M | $195M | 108.9% | 27.0% |
| Gross Margin | 51.6% | 49.2% | 61.7% | 2.4pp | -10.1pp |
| Net Margin | 16.6% | 11.0% | 49.8% | 5.6pp | -33.2pp |
| EPS (Diluted) | $2.58 | $1.19 | $4.93 | 116.8% | -47.7% |
| Free Cash Flow | $137M | -$109M | $199M | 225.8% | -31.3% |
| Item | Amount |
|---|---|
| REVENUE | $965M |
| Cost of Revenue | $467M |
| GROSS PROFIT | $498M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $250M |
| Other Expenses | $0 |
| Operating Expenses | $250M |
| Cost & Expenses | $717M |
| OPERATING INCOME | $248M |
| Interest Income | $86.0K |
| Interest Expense | $33M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $214M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $160M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $160M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $160M |
| D&A | $9M |
| EBIT | $247M |
| EBITDA | $256M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $965M |
| Cost of Revenue | $467M |
| GROSS PROFIT | $498M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $250M |
| Other Expenses | $0 |
| Operating Expenses | $250M |
| Cost & Expenses | $717M |
| OPERATING INCOME | $248M |
| Interest Income | $86.0K |
| Interest Expense | $33M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $214M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $160M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $160M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $160M |
| D&A | $9M |
| EBIT | $247M |
| EBITDA | $256M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $160M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$180.0K |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$39M |
| OPERATING CASH FLOW | $154M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$105.0K |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | -$109M |
| Common Stock Repurchased | -$468.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$112M |
| FREE CASH FLOW | $137M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $187M |
| Short-Term Investments | $0 |
| Net Receivables | $442M |
| Inventory | $502M |
| Other Current Assets | $32.0K |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $376M |
| Goodwill | $714M |
| Intangible Assets | $1.8B |
| Long-Term Investments | $3M |
| Tax Assets | $514M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $225M |
| Short-Term Debt | $75M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $190M |
| TOTAL CURRENT LIABILITIES | $602M |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $313M |
| Other Non-Current Liabilities | $219M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $4.1B |
| Common Stock | $109.0K |
| Additional Paid-In Capital | $784M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$1.7B |
| Accum. Other Comp. Income | -$113M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $492M |
| Minority Interest | $0 |
| TOTAL EQUITY | $492M |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $3.0B |
| Net Debt | $2.8B |
