| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $341M | $328M | $333M | 3.8% | 2.4% |
| Op. Income | $39M | $40M | -$40M | -0.8% | 198.4% |
| Gross Margin | 34.7% | 38.1% | 45.0% | -3.4pp | -10.3pp |
| Net Margin | 6.7% | 7.3% | 11.7% | -0.7pp | -5.0pp |
| EPS (Diluted) | $0.22 | $0.23 | $0.35 | -4.3% | -37.1% |
| Free Cash Flow | $30M | $2M | $30M | 1161.9% | 3.0% |
| Item | Amount |
|---|---|
| REVENUE | $341M |
| Cost of Revenue | $223M |
| GROSS PROFIT | $118M |
| R&D Expenses | $0 |
| Selling & Marketing | $14M |
| General & Administrative | $66M |
| SG&A Expenses | $79M |
| Other Expenses | $0 |
| Operating Expenses | $79M |
| Cost & Expenses | $301M |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $20M |
| EBIT | $39M |
| EBITDA | $59M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $341M |
| Cost of Revenue | $223M |
| GROSS PROFIT | $118M |
| R&D Expenses | $0 |
| Selling & Marketing | $14M |
| General & Administrative | $66M |
| SG&A Expenses | $79M |
| Other Expenses | $0 |
| Operating Expenses | $79M |
| Cost & Expenses | $301M |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $20M |
| EBIT | $39M |
| EBITDA | $59M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $51M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$23M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $208.0K |
| NET CASH FROM FINANCING | -$32M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $181M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $223M |
| PP&E (Net) | $311M |
| Goodwill | $0 |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $333M |
| TOTAL ASSETS | $557M |
| Account Payables | $79M |
| Short-Term Debt | $22M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $280M |
| Long-Term Debt | $313M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $515M |
| TOTAL LIABILITIES | $795M |
| Common Stock | $1M |
| Additional Paid-In Capital | $123M |
| Retained Earnings | -$363M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $61.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$239M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$239M |
| TOTAL LIABILITIES & EQUITY | $557M |
| Total Debt | $569M |
| Net Debt | $546M |
