| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $722M | $505M | $624M | 43.0% | 15.8% |
| Op. Income | $128M | $62M | $129M | 107.3% | -0.3% |
| Gross Margin | 50.9% | 51.6% | 51.2% | -0.8pp | -0.3pp |
| Net Margin | 14.1% | 9.5% | 16.3% | 4.6pp | -2.1pp |
| EPS (Diluted) | $0.61 | $0.29 | $0.60 | 114.0% | 2.2% |
| Free Cash Flow | -$148M | -$52M | -$41M | -184.6% | -258.0% |
| Item | Amount |
|---|---|
| REVENUE | $722M |
| Cost of Revenue | $355M |
| GROSS PROFIT | $367M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $239M |
| Other Expenses | $0 |
| Operating Expenses | $239M |
| Cost & Expenses | $594M |
| OPERATING INCOME | $128M |
| Interest Income | $460.0K |
| Interest Expense | $913.0K |
| Other Income/Expenses | -$501.0K |
| INCOME BEFORE TAX | $128M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $102M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $102M |
| D&A | $10M |
| EBIT | $129M |
| EBITDA | $139M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $722M |
| Cost of Revenue | $355M |
| GROSS PROFIT | $367M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $239M |
| Other Expenses | $0 |
| Operating Expenses | $239M |
| Cost & Expenses | $594M |
| OPERATING INCOME | $128M |
| Interest Income | $460.0K |
| Interest Expense | $913.0K |
| Other Income/Expenses | -$501.0K |
| INCOME BEFORE TAX | $128M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $102M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $102M |
| D&A | $10M |
| EBIT | $129M |
| EBITDA | $139M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $102M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $763.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$258M |
| OPERATING CASH FLOW | -$136M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$63M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $914.0K |
| NET CASH FROM FINANCING | -$62M |
| FREE CASH FLOW | -$148M |
| Net Change in Cash | -$211M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $746M |
| Short-Term Investments | $0 |
| Net Receivables | $392M |
| Inventory | $636M |
| Other Current Assets | $42M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $414M |
| Goodwill | $14M |
| Intangible Assets | $41M |
| Long-Term Investments | $0 |
| Tax Assets | $40M |
| Other Non-Current Assets | $58M |
| TOTAL NON-CURRENT ASSETS | $567M |
| TOTAL ASSETS | $2.4B |
| Account Payables | $497M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $683M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $82M |
| TOTAL NON-CURRENT LIABILITIES | $264M |
| TOTAL LIABILITIES | $947M |
| Common Stock | $276.0K |
| Additional Paid-In Capital | $207M |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $231M |
| Net Debt | -$515M |
