| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $669M | $640M | $647M | 4.6% | 3.5% |
| Op. Income | $56M | $42M | $86M | 32.3% | -35.0% |
| Gross Margin | 34.2% | 32.3% | 35.6% | 1.8pp | -1.5pp |
| Net Margin | 6.2% | 5.1% | 10.0% | 1.1pp | -3.8pp |
| EPS (Diluted) | $0.74 | $0.59 | $1.15 | 25.4% | -35.7% |
| Free Cash Flow | -$48M | -$16M | $24M | -197.9% | -299.1% |
| Item | Amount |
|---|---|
| REVENUE | $669M |
| Cost of Revenue | $440M |
| GROSS PROFIT | $229M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $172M |
| Other Expenses | $0 |
| Operating Expenses | $172M |
| Cost & Expenses | $613M |
| OPERATING INCOME | $56M |
| Interest Income | $95.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $95.0K |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $25M |
| EBIT | $56M |
| EBITDA | $81M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $669M |
| Cost of Revenue | $440M |
| GROSS PROFIT | $229M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $172M |
| Other Expenses | $0 |
| Operating Expenses | $172M |
| Cost & Expenses | $613M |
| OPERATING INCOME | $56M |
| Interest Income | $95.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $95.0K |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $25M |
| EBIT | $56M |
| EBITDA | $81M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $736.0K |
| Change in Working Capital | -$73M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$52M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$17M |
| Sales/Maturities of Investments | $99M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $30M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$314.0K |
| NET CASH FROM FINANCING | $172.0K |
| FREE CASH FLOW | -$48M |
| Net Change in Cash | $35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $155M |
| Short-Term Investments | $117M |
| Net Receivables | $14M |
| Inventory | $569M |
| Other Current Assets | $93M |
| TOTAL CURRENT ASSETS | $964M |
| PP&E (Net) | $2.1B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $266M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $631M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $41M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $555.0K |
| Additional Paid-In Capital | $249M |
| Retained Earnings | $913M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $1.4B |
| Net Debt | $1.3B |
