| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $610M | $473M | $523M | 29.1% | 16.6% |
| Op. Income | $72M | $47M | $53M | 52.1% | 35.8% |
| Gross Margin | 33.7% | 35.4% | 30.0% | -1.7pp | 3.7pp |
| Net Margin | 8.8% | 7.6% | 7.4% | 1.2pp | 1.3pp |
| EPS (Diluted) | $2.37 | $1.59 | $1.69 | 49.1% | 40.2% |
| Free Cash Flow | $73M | -$16M | $154M | 562.6% | -52.7% |
| Item | Amount |
|---|---|
| REVENUE | $610M |
| Cost of Revenue | $405M |
| GROSS PROFIT | $205M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $134M |
| Operating Expenses | $134M |
| Cost & Expenses | $538M |
| OPERATING INCOME | $72M |
| Interest Income | $0 |
| Interest Expense | $654.0K |
| Other Income/Expenses | -$654.0K |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $5M |
| EBIT | $72M |
| EBITDA | $77M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $610M |
| Cost of Revenue | $405M |
| GROSS PROFIT | $205M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $134M |
| Operating Expenses | $134M |
| Cost & Expenses | $538M |
| OPERATING INCOME | $72M |
| Interest Income | $0 |
| Interest Expense | $654.0K |
| Other Income/Expenses | -$654.0K |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $5M |
| EBIT | $72M |
| EBITDA | $77M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $54M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$55.0K |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $81M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $23.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$55M |
| Common Stock Repurchased | -$16M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$72M |
| FREE CASH FLOW | $73M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $219M |
| Short-Term Investments | $0 |
| Net Receivables | $62M |
| Inventory | $330M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $629M |
| PP&E (Net) | $321M |
| Goodwill | $0 |
| Intangible Assets | $246M |
| Long-Term Investments | $864.0K |
| Tax Assets | -$864.0K |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $577M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $38M |
| Short-Term Debt | $62M |
| Deferred Revenue | $164M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $370M |
| Long-Term Debt | $46M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $162M |
| TOTAL LIABILITIES | $531M |
| Common Stock | $29.0K |
| Additional Paid-In Capital | $296M |
| Retained Earnings | $522M |
| Treasury Stock | -$144M |
| Accum. Other Comp. Income | $147.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $674M |
| Minority Interest | $0 |
| TOTAL EQUITY | $674M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $212M |
| Net Debt | -$8M |
