| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $618M | $623M | $523M | -0.8% | 18.1% |
| Op. Income | $134M | $151M | $96M | -10.9% | 39.4% |
| Gross Margin | 42.5% | 41.5% | 37.7% | 1.0pp | 4.8pp |
| Net Margin | 14.1% | 18.9% | 15.7% | -4.8pp | -1.6pp |
| EPS (Diluted) | $3.48 | $4.70 | $3.30 | -26.0% | 5.5% |
| Free Cash Flow | $87M | $22M | $58M | 298.0% | 49.8% |
| Item | Amount |
|---|---|
| REVENUE | $618M |
| Cost of Revenue | $355M |
| GROSS PROFIT | $263M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $93M |
| Other Expenses | $12M |
| Operating Expenses | $129M |
| Cost & Expenses | $484M |
| OPERATING INCOME | $134M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $27M |
| EBIT | $114M |
| EBITDA | $141M |
| EPS | $4 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $618M |
| Cost of Revenue | $355M |
| GROSS PROFIT | $263M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $93M |
| Other Expenses | $12M |
| Operating Expenses | $129M |
| Cost & Expenses | $484M |
| OPERATING INCOME | $134M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $27M |
| EBIT | $114M |
| EBITDA | $141M |
| EPS | $4 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $87M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$310.0K |
| Other Non-Cash Items | $28M |
| Change in Working Capital | -$40M |
| OPERATING CASH FLOW | $114M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $521.0K |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | $298M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $282M |
| FREE CASH FLOW | $87M |
| Net Change in Cash | $347M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $809M |
| Short-Term Investments | $20.0K |
| Net Receivables | $348M |
| Inventory | $496M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $475M |
| Goodwill | $914M |
| Intangible Assets | $375M |
| Long-Term Investments | $26M |
| Tax Assets | $12M |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $220M |
| Short-Term Debt | $8M |
| Deferred Revenue | $686.0K |
| Other Current Liabilities | $66M |
| TOTAL CURRENT LIABILITIES | $399M |
| Long-Term Debt | $885M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $74M |
| Other Non-Current Liabilities | $103M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $261.0K |
| Additional Paid-In Capital | $965M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$253M |
| Accum. Other Comp. Income | -$107M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $131.0K |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $934M |
| Net Debt | $124M |
