| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.6B | $5.3B | $4.8B | 5.8% | 17.1% |
| Op. Income | $508M | $330M | $261M | 53.9% | 94.8% |
| Gross Margin | 35.0% | 34.5% | 35.3% | 0.5pp | -0.3pp |
| Net Margin | 6.6% | 4.6% | 4.1% | 2.0pp | 2.5pp |
| EPS (Diluted) | $2.62 | $1.72 | $1.36 | 52.3% | 92.6% |
| Free Cash Flow | $317M | $321M | $362M | -1.1% | -12.3% |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.4B |
| Other Expenses | $89M |
| Operating Expenses | $1.5B |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $508M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $492M |
| Income Tax Expense | $119M |
| Net Income from Continuing Ops | $373M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $373M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $373M |
| D&A | $86M |
| EBIT | $512M |
| EBITDA | $598M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.4B |
| Other Expenses | $89M |
| Operating Expenses | $1.5B |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $508M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $492M |
| Income Tax Expense | $119M |
| Net Income from Continuing Ops | $373M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $373M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $373M |
| D&A | $86M |
| EBIT | $512M |
| EBITDA | $598M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $373M |
| Depreciation & Amortization | $86M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$105M |
| Change in Working Capital | $28M |
| OPERATING CASH FLOW | $392M |
| Capital Expenditure | -$75M |
| Acquisitions (Net) | -$183M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $135M |
| NET CASH FROM INVESTING | -$123M |
| Net Debt Issuance | -$127M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | -$127M |
| Other Financing Activities | -$26M |
| NET CASH FROM FINANCING | -$329M |
| FREE CASH FLOW | $317M |
| Net Change in Cash | -$92M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $519M |
| Short-Term Investments | $0 |
| Net Receivables | $2.2B |
| Inventory | $4.3B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.5B |
| PP&E (Net) | $2.3B |
| Goodwill | $2.5B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $7.7B |
| TOTAL ASSETS | $16.2B |
| Account Payables | $5.4B |
| Short-Term Debt | $14M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.7B |
| TOTAL CURRENT LIABILITIES | $7.3B |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $408M |
| Other Non-Current Liabilities | $778M |
| TOTAL NON-CURRENT LIABILITIES | $5.3B |
| TOTAL LIABILITIES | $12.6B |
| Common Stock | $141M |
| Additional Paid-In Capital | $123M |
| Retained Earnings | $4.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$953M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $13M |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $16.2B |
| Total Debt | $4.1B |
| Net Debt | $3.6B |
