| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $903M | $843M | $737M | 7.1% | 22.6% |
| Op. Income | $215M | $183M | $147M | 17.5% | 46.8% |
| Gross Margin | 36.4% | 36.5% | 36.5% | -0.1pp | -0.1pp |
| Net Margin | 16.6% | 14.4% | 11.8% | 2.2pp | 4.8pp |
| EPS (Diluted) | $0.34 | $0.27 | $0.20 | 25.9% | 70.0% |
| Free Cash Flow | $109M | $141M | $210M | -22.7% | -48.2% |
| Item | Amount |
|---|---|
| REVENUE | $903M |
| Cost of Revenue | $574M |
| GROSS PROFIT | $329M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $114M |
| Other Expenses | -$10M |
| Operating Expenses | $114M |
| Cost & Expenses | $688M |
| OPERATING INCOME | $215M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $205M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $150M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $150M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $150M |
| D&A | $40M |
| EBIT | $215M |
| EBITDA | $255M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $903M |
| Cost of Revenue | $574M |
| GROSS PROFIT | $329M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $114M |
| Other Expenses | -$10M |
| Operating Expenses | $114M |
| Cost & Expenses | $688M |
| OPERATING INCOME | $215M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $205M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $150M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $150M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $150M |
| D&A | $40M |
| EBIT | $215M |
| EBITDA | $255M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $150M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $22M |
| Other Non-Cash Items | -$35M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $173M |
| Capital Expenditure | -$65M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $26M |
| Other Investing Activities | -$200.0K |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | -$70M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$73M |
| FREE CASH FLOW | $109M |
| Net Change in Cash | $53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $133M |
| Short-Term Investments | $0 |
| Net Receivables | $334M |
| Inventory | $239M |
| Other Current Assets | $147M |
| TOTAL CURRENT ASSETS | $889M |
| PP&E (Net) | $1.4B |
| Goodwill | $208M |
| Intangible Assets | $171M |
| Long-Term Investments | $0 |
| Tax Assets | $1.2B |
| Other Non-Current Assets | $58M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $356M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $151M |
| TOTAL CURRENT LIABILITIES | $612M |
| Long-Term Debt | $856M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $84M |
| Other Non-Current Liabilities | $1.0B |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $232M |
| Additional Paid-In Capital | $232M |
| Retained Earnings | $883M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $933M |
| Net Debt | $800M |
