| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | $1.3B | 15.1% | 1.3% |
| Op. Income | $219M | $120M | $77M | 82.6% | 186.0% |
| Gross Margin | 61.1% | 63.6% | 65.5% | -2.6pp | -4.4pp |
| Net Margin | 10.6% | 5.3% | -1.7% | 5.3pp | 12.3pp |
| EPS (Diluted) | $1.02 | $0.44 | $-0.17 | 131.8% | 700.0% |
| Free Cash Flow | -$34M | $106M | $160M | -131.8% | -120.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $522M |
| GROSS PROFIT | $818M |
| R&D Expenses | $79M |
| Selling & Marketing | $84M |
| General & Administrative | $327M |
| SG&A Expenses | $411M |
| Other Expenses | $108M |
| Operating Expenses | $599M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $219M |
| Interest Income | $3M |
| Interest Expense | $42M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | $180M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $141M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $142M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $142M |
| D&A | $145M |
| EBIT | $222M |
| EBITDA | $366M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $522M |
| GROSS PROFIT | $818M |
| R&D Expenses | $79M |
| Selling & Marketing | $84M |
| General & Administrative | $327M |
| SG&A Expenses | $411M |
| Other Expenses | $108M |
| Operating Expenses | $599M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $219M |
| Interest Income | $3M |
| Interest Expense | $42M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | $180M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $141M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $142M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $142M |
| D&A | $145M |
| EBIT | $222M |
| EBITDA | $366M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $142M |
| Depreciation & Amortization | $145M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $24M |
| Change in Working Capital | -$285M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$47M |
| Acquisitions (Net) | -$146M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$189M |
| Net Debt Issuance | -$24M |
| Common Stock Repurchased | -$124M |
| Common Dividends Paid | -$97M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$242M |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | -$430M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $586M |
| Short-Term Investments | $0 |
| Net Receivables | $871M |
| Inventory | $868M |
| Other Current Assets | $42M |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $410M |
| Goodwill | $3.5B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $6.4B |
| TOTAL ASSETS | $9.5B |
| Account Payables | $544M |
| Short-Term Debt | $235M |
| Deferred Revenue | $107M |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $3.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $570M |
| TOTAL NON-CURRENT LIABILITIES | $4.3B |
| TOTAL LIABILITIES | $6.5B |
| Common Stock | $110M |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | $4.3B |
| Treasury Stock | -$3.6B |
| Accum. Other Comp. Income | -$260M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $52M |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $9.5B |
| Total Debt | $4.0B |
| Net Debt | $3.4B |
