| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.4B | — | 6.3% | — |
| Op. Income | $249M | $212M | — | 17.1% | — |
| Gross Margin | 57.0% | 57.5% | — | -0.6pp | — |
| Net Margin | 11.8% | 12.0% | — | -0.2pp | — |
| EPS (Diluted) | $0.48 | $0.45 | — | 6.7% | — |
| Free Cash Flow | $276M | $196M | — | 40.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $630M |
| GROSS PROFIT | $834M |
| R&D Expenses | $100M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $485M |
| Other Expenses | $0 |
| Operating Expenses | $585M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $249M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | $208M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $173M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $173M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $173M |
| D&A | $116M |
| EBIT | $229M |
| EBITDA | $345M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $630M |
| GROSS PROFIT | $834M |
| R&D Expenses | $100M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $485M |
| Other Expenses | $0 |
| Operating Expenses | $585M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $249M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | $208M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $173M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $173M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $173M |
| D&A | $116M |
| EBIT | $229M |
| EBITDA | $345M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $173M |
| Depreciation & Amortization | $116M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | $294M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$52M |
| Common Stock Repurchased | -$179M |
| Common Dividends Paid | -$25M |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$250M |
| FREE CASH FLOW | $276M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $683M |
| Short-Term Investments | $0 |
| Net Receivables | $941M |
| Inventory | $548M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $408M |
| Goodwill | $9.1B |
| Intangible Assets | $3.7B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $481M |
| TOTAL NON-CURRENT ASSETS | $13.6B |
| TOTAL ASSETS | $16.1B |
| Account Payables | $582M |
| Short-Term Debt | $1000M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $4.0B |
| TOTAL LIABILITIES | $6.6B |
| Common Stock | $4M |
| Additional Paid-In Capital | $3.7B |
| Retained Earnings | $6.4B |
| Treasury Stock | -$243M |
| Accum. Other Comp. Income | -$342M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.4B |
| Minority Interest | $5M |
| TOTAL EQUITY | $9.4B |
| TOTAL LIABILITIES & EQUITY | $16.1B |
| Total Debt | $3.7B |
| Net Debt | $3.0B |
