| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $266M | $211M | $268M | 26.2% | -0.5% |
| Op. Income | $66M | $36M | $65M | 82.0% | 1.9% |
| Gross Margin | 53.8% | 48.1% | 52.3% | 5.8pp | 1.5pp |
| Net Margin | 17.3% | 12.5% | 16.0% | 4.8pp | 1.2pp |
| EPS (Diluted) | $1.42 | $0.77 | $1.24 | 84.4% | 14.5% |
| Free Cash Flow | $31M | -$62M | $21M | 149.8% | 47.8% |
| Item | Amount |
|---|---|
| REVENUE | $266M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $143M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $78M |
| Other Expenses | -$200.0K |
| Operating Expenses | $77M |
| Cost & Expenses | $200M |
| OPERATING INCOME | $66M |
| Interest Income | $200.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $15M |
| EBIT | $66M |
| EBITDA | $81M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $266M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $143M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $78M |
| Other Expenses | -$200.0K |
| Operating Expenses | $77M |
| Cost & Expenses | $200M |
| OPERATING INCOME | $66M |
| Interest Income | $200.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $15M |
| EBIT | $66M |
| EBITDA | $81M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$800.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $40M |
| Common Stock Repurchased | -$64M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $0 |
| Net Receivables | $273M |
| Inventory | $0 |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $318M |
| PP&E (Net) | $62M |
| Goodwill | $410M |
| Intangible Assets | $78M |
| Long-Term Investments | $0 |
| Tax Assets | $32M |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $607M |
| TOTAL ASSETS | $925M |
| Account Payables | $61M |
| Short-Term Debt | $19M |
| Deferred Revenue | $49M |
| Other Current Liabilities | $107M |
| TOTAL CURRENT LIABILITIES | $236M |
| Long-Term Debt | $234M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $72M |
| TOTAL NON-CURRENT LIABILITIES | $347M |
| TOTAL LIABILITIES | $584M |
| Common Stock | $400.0K |
| Additional Paid-In Capital | $270M |
| Retained Earnings | $324M |
| Treasury Stock | -$176M |
| Accum. Other Comp. Income | -$77M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $341M |
| Minority Interest | $0 |
| TOTAL EQUITY | $341M |
| TOTAL LIABILITIES & EQUITY | $925M |
| Total Debt | $295M |
| Net Debt | $277M |
