| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $841M | $715M | — | 17.6% | — |
| Op. Income | $265M | $211M | — | 25.7% | — |
| Gross Margin | 53.6% | 49.4% | — | 4.2pp | — |
| Net Margin | 22.0% | 21.1% | — | 0.9pp | — |
| EPS (Diluted) | $0.98 | $0.80 | — | 22.5% | — |
| Free Cash Flow | $151M | $57M | — | 166.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $841M |
| Cost of Revenue | $390M |
| GROSS PROFIT | $451M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $81M |
| SG&A Expenses | $81M |
| Other Expenses | $105M |
| Operating Expenses | $186M |
| Cost & Expenses | $576M |
| OPERATING INCOME | $265M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $245M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $185M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $185M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $185M |
| D&A | $20M |
| EBIT | $265M |
| EBITDA | $285M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $841M |
| Cost of Revenue | $390M |
| GROSS PROFIT | $451M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $81M |
| SG&A Expenses | $81M |
| Other Expenses | $105M |
| Operating Expenses | $186M |
| Cost & Expenses | $576M |
| OPERATING INCOME | $265M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $245M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $185M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $185M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $185M |
| D&A | $20M |
| EBIT | $265M |
| EBITDA | $285M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $185M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $970.0K |
| Deferred Income Tax | $60M |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | -$91M |
| OPERATING CASH FLOW | $165M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $6.0K |
| Other Investing Activities | $140.0K |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$21M |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | $151M |
| Net Change in Cash | $130M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $304M |
| Short-Term Investments | $203.0K |
| Net Receivables | $504M |
| Inventory | $403M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $528M |
| Goodwill | $30M |
| Intangible Assets | $95M |
| Long-Term Investments | $8M |
| Tax Assets | $124.0K |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $678M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $214M |
| Short-Term Debt | $119M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $266M |
| TOTAL CURRENT LIABILITIES | $643M |
| Long-Term Debt | $389M |
| Deferred Revenue NC | $49M |
| Deferred Tax Liabilities | $41M |
| Other Non-Current Liabilities | $136M |
| TOTAL NON-CURRENT LIABILITIES | $625M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $638M |
| TOTAL STOCKHOLDERS' EQUITY | $638M |
| Minority Interest | $0 |
| TOTAL EQUITY | $638M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $517M |
| Net Debt | $213M |
