| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.1B | $2.7B | $3.3B | 15.3% | -5.0% |
| Op. Income | $460M | $367M | $664M | 25.6% | -30.6% |
| Gross Margin | 36.0% | 36.5% | 39.9% | -0.4pp | -3.9pp |
| Net Margin | 10.2% | 9.6% | 15.1% | 0.6pp | -4.9pp |
| EPS (Diluted) | $3.25 | $2.47 | $4.53 | 31.6% | -28.3% |
| Free Cash Flow | $68M | -$134M | $487M | 150.8% | -86.0% |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $657M |
| Other Expenses | $4M |
| Operating Expenses | $661M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $460M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $427M |
| Income Tax Expense | $109M |
| Net Income from Continuing Ops | $319M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $319M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $319M |
| D&A | $85M |
| EBIT | $453M |
| EBITDA | $537M |
| EPS | $4 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $657M |
| Other Expenses | $4M |
| Operating Expenses | $661M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $460M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $427M |
| Income Tax Expense | $109M |
| Net Income from Continuing Ops | $319M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $319M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $319M |
| D&A | $85M |
| EBIT | $453M |
| EBITDA | $537M |
| EPS | $4 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $319M |
| Depreciation & Amortization | $85M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$271M |
| OPERATING CASH FLOW | $162M |
| Capital Expenditure | -$94M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$101M |
| Net Debt Issuance | -$55M |
| Common Stock Repurchased | -$325M |
| Common Dividends Paid | -$37M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$417M |
| FREE CASH FLOW | $68M |
| Net Change in Cash | -$356M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $0 |
| Net Receivables | $84M |
| Inventory | $3.0B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.1B |
| PP&E (Net) | $3.4B |
| Goodwill | $246M |
| Intangible Assets | $86M |
| Long-Term Investments | $0 |
| Tax Assets | $56M |
| Other Non-Current Assets | $208M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $9.1B |
| Account Payables | $1.5B |
| Short-Term Debt | $0 |
| Deferred Revenue | $294M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $163M |
| TOTAL NON-CURRENT LIABILITIES | $4.1B |
| TOTAL LIABILITIES | $6.9B |
| Common Stock | $758.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $4.5B |
| Treasury Stock | -$3.7B |
| Accum. Other Comp. Income | -$85.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $9.1B |
| Total Debt | $4.4B |
| Net Debt | $2.5B |
