| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.8B | $6.9B | $6.3B | -1.9% | 6.7% |
| Op. Income | $505M | $732M | $402M | -30.9% | 25.7% |
| Gross Margin | 31.4% | 33.9% | 29.4% | -2.5pp | 2.0pp |
| Net Margin | 5.3% | 7.8% | 4.5% | -2.5pp | 0.9pp |
| EPS (Diluted) | $1.60 | $2.37 | $1.23 | -32.5% | 30.1% |
| Free Cash Flow | -$295M | $282M | -$49M | -204.5% | -502.0% |
| Item | Amount |
|---|---|
| REVENUE | $6.8B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.6B |
| Other Expenses | $0 |
| Operating Expenses | $1.6B |
| Cost & Expenses | $6.3B |
| OPERATING INCOME | $505M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $475M |
| Income Tax Expense | $115M |
| Net Income from Continuing Ops | $360M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $360M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $360M |
| D&A | $194M |
| EBIT | $505M |
| EBITDA | $699M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $6.8B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.6B |
| Other Expenses | $0 |
| Operating Expenses | $1.6B |
| Cost & Expenses | $6.3B |
| OPERATING INCOME | $505M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $475M |
| Income Tax Expense | $115M |
| Net Income from Continuing Ops | $360M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $360M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $360M |
| D&A | $194M |
| EBIT | $505M |
| EBITDA | $699M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $360M |
| Depreciation & Amortization | $194M |
| Stock-Based Compensation | $30M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$610M |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$277M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$900.0K |
| NET CASH FROM INVESTING | -$277M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$236M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$234M |
| FREE CASH FLOW | -$295M |
| Net Change in Cash | -$530M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $689M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $5.4B |
| Other Current Assets | $266M |
| TOTAL CURRENT ASSETS | $6.4B |
| PP&E (Net) | $11.1B |
| Goodwill | $2.0B |
| Intangible Assets | $3.1B |
| Long-Term Investments | $0 |
| Tax Assets | $18M |
| Other Non-Current Assets | $111M |
| TOTAL NON-CURRENT ASSETS | $16.3B |
| TOTAL ASSETS | $22.7B |
| Account Payables | $2.0B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $914M |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.1B |
| Other Non-Current Liabilities | $277M |
| TOTAL NON-CURRENT LIABILITIES | $9.9B |
| TOTAL LIABILITIES | $14.3B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $7.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.4B |
| TOTAL LIABILITIES & EQUITY | $22.7B |
| Total Debt | $10.0B |
| Net Debt | $9.3B |
