| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $677M | $680M | $587M | -0.5% | 15.4% |
| Op. Income | $91M | $96M | $71M | -5.2% | 27.5% |
| Gross Margin | 36.9% | 38.7% | 40.7% | -1.8pp | -3.8pp |
| Net Margin | 9.6% | 8.2% | 13.8% | 1.4pp | -4.2pp |
| EPS (Diluted) | $0.26 | $0.23 | $0.33 | 13.0% | -21.2% |
| Free Cash Flow | $64M | -$15M | $72M | 523.2% | -10.8% |
| Item | Amount |
|---|---|
| REVENUE | $677M |
| Cost of Revenue | $427M |
| GROSS PROFIT | $250M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $147M |
| Other Expenses | $0 |
| Operating Expenses | $159M |
| Cost & Expenses | $586M |
| OPERATING INCOME | $91M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $2M |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $41M |
| EBIT | $91M |
| EBITDA | $131M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $677M |
| Cost of Revenue | $427M |
| GROSS PROFIT | $250M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $147M |
| Other Expenses | $0 |
| Operating Expenses | $159M |
| Cost & Expenses | $586M |
| OPERATING INCOME | $91M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $2M |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $41M |
| EBIT | $91M |
| EBITDA | $131M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $65M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$34M |
| OPERATING CASH FLOW | $76M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$100.0K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$41M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$62M |
| FREE CASH FLOW | $64M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $216M |
| Short-Term Investments | $0 |
| Net Receivables | $527M |
| Inventory | $338M |
| Other Current Assets | $124M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $266M |
| Goodwill | $2.4B |
| Intangible Assets | $867M |
| Long-Term Investments | $80M |
| Tax Assets | $58M |
| Other Non-Current Assets | $75M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $176M |
| Short-Term Debt | $14M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $206M |
| TOTAL CURRENT LIABILITIES | $395M |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $132M |
| Other Non-Current Liabilities | $178M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | -$1.3B |
| Treasury Stock | -$245M |
| Accum. Other Comp. Income | -$285M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $17M |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $1.9B |
| Net Debt | $1.7B |
