| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.2B | -1.0% | 16.3% |
| Op. Income | $95M | $90M | $74M | 5.2% | 28.0% |
| Gross Margin | 25.3% | 25.2% | 26.2% | 0.1pp | -0.9pp |
| Net Margin | 5.0% | 4.8% | 4.4% | 0.2pp | 0.6pp |
| EPS (Diluted) | $3.61 | $3.48 | $2.58 | 3.7% | 39.9% |
| Free Cash Flow | $48M | $74M | $22M | -35.2% | 120.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $349M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $255M |
| SG&A Expenses | $255M |
| Other Expenses | -$1M |
| Operating Expenses | $253M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $95M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $91M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $30M |
| EBIT | $96M |
| EBITDA | $126M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $349M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $255M |
| SG&A Expenses | $255M |
| Other Expenses | -$1M |
| Operating Expenses | $253M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $95M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $91M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $30M |
| EBIT | $96M |
| EBITDA | $126M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $69M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$576.0K |
| Other Non-Cash Items | $342.2K |
| Change in Working Capital | -$38M |
| OPERATING CASH FLOW | $61M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $48M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66M |
| Short-Term Investments | $115M |
| Net Receivables | $98M |
| Inventory | $398M |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $701M |
| PP&E (Net) | $1.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $188M |
| Short-Term Debt | $18M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $288M |
| Long-Term Debt | $561M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $74M |
| Other Non-Current Liabilities | $45M |
| TOTAL NON-CURRENT LIABILITIES | $715M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $949.7K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $622M |
| Net Debt | $557M |
