| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $548M | $463M | $519M | 18.2% | 5.5% |
| Op. Income | $42M | $32M | $63M | 31.1% | -33.7% |
| Gross Margin | 42.0% | 41.0% | 46.5% | 1.0pp | -4.5pp |
| Net Margin | 4.2% | 2.4% | 2.8% | 1.8pp | 1.5pp |
| EPS (Diluted) | $0.43 | $0.20 | $0.26 | 115.0% | 65.4% |
| Free Cash Flow | $24M | -$88M | $52M | 126.6% | -54.5% |
| Item | Amount |
|---|---|
| REVENUE | $548M |
| Cost of Revenue | $318M |
| GROSS PROFIT | $230M |
| R&D Expenses | $14M |
| Selling & Marketing | $70M |
| General & Administrative | $101M |
| SG&A Expenses | $171M |
| Other Expenses | $4M |
| Operating Expenses | $188M |
| Cost & Expenses | $506M |
| OPERATING INCOME | $42M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $23M |
| EBIT | $45M |
| EBITDA | $68M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $548M |
| Cost of Revenue | $318M |
| GROSS PROFIT | $230M |
| R&D Expenses | $14M |
| Selling & Marketing | $70M |
| General & Administrative | $101M |
| SG&A Expenses | $171M |
| Other Expenses | $4M |
| Operating Expenses | $188M |
| Cost & Expenses | $506M |
| OPERATING INCOME | $42M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $23M |
| EBIT | $45M |
| EBITDA | $68M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | -$600.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | -$51M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$77M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | -$52M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $188M |
| Short-Term Investments | $0 |
| Net Receivables | $265M |
| Inventory | $429M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $969M |
| PP&E (Net) | $355M |
| Goodwill | $1.3B |
| Intangible Assets | $1.0B |
| Long-Term Investments | -$139M |
| Tax Assets | $139M |
| Other Non-Current Assets | $104M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $225M |
| Short-Term Debt | $26M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $230M |
| TOTAL CURRENT LIABILITIES | $544M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $139M |
| Other Non-Current Liabilities | $136M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $884M |
| Treasury Stock | -$815M |
| Accum. Other Comp. Income | -$151M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $1.5B |
| Net Debt | $1.3B |
