| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $692M | $650M | $571M | 6.6% | 21.2% |
| Op. Income | $158M | $163M | $139M | -3.3% | 13.7% |
| Gross Margin | 44.8% | 47.7% | 46.4% | -2.9pp | -1.6pp |
| Net Margin | 14.4% | 19.3% | 15.5% | -5.0pp | -1.2pp |
| EPS (Diluted) | $0.73 | $0.92 | $0.65 | -20.7% | 12.3% |
| Free Cash Flow | $3M | -$21M | $40M | 115.6% | -92.0% |
| Item | Amount |
|---|---|
| REVENUE | $692M |
| Cost of Revenue | $382M |
| GROSS PROFIT | $310M |
| R&D Expenses | $49M |
| Selling & Marketing | $0 |
| General & Administrative | $91M |
| SG&A Expenses | $91M |
| Other Expenses | $12M |
| Operating Expenses | $152M |
| Cost & Expenses | $535M |
| OPERATING INCOME | $158M |
| Interest Income | $658.0K |
| Interest Expense | $32M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | $117M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $99M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $99M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $99M |
| D&A | $37M |
| EBIT | $149M |
| EBITDA | $186M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $692M |
| Cost of Revenue | $382M |
| GROSS PROFIT | $310M |
| R&D Expenses | $49M |
| Selling & Marketing | $0 |
| General & Administrative | $91M |
| SG&A Expenses | $91M |
| Other Expenses | $12M |
| Operating Expenses | $152M |
| Cost & Expenses | $535M |
| OPERATING INCOME | $158M |
| Interest Income | $658.0K |
| Interest Expense | $32M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | $117M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $99M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $99M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $99M |
| D&A | $37M |
| EBIT | $149M |
| EBITDA | $186M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $99M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | -$44M |
| OPERATING CASH FLOW | $111M |
| Capital Expenditure | -$108M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$108M |
| Net Debt Issuance | $2.4B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$14M |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | $2.4B |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $2.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.7B |
| Short-Term Investments | $0 |
| Net Receivables | $381M |
| Inventory | $584M |
| Other Current Assets | $168M |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $848M |
| Goodwill | $790M |
| Intangible Assets | $309M |
| Long-Term Investments | $0 |
| Tax Assets | $27M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $146M |
| Short-Term Debt | $0 |
| Deferred Revenue | $33M |
| Other Current Liabilities | $95M |
| TOTAL CURRENT LIABILITIES | $393M |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $50M |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $892M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | -$51M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $3.5B |
| Net Debt | $726M |
