| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.6B | $1.5B | 15.8% | 28.8% |
| Op. Income | $401M | $260M | $291M | 54.1% | 37.9% |
| Gross Margin | 56.5% | 53.9% | 58.1% | 2.5pp | -1.6pp |
| Net Margin | 15.5% | 11.8% | 14.3% | 3.7pp | 1.2pp |
| EPS (Diluted) | $2.26 | $1.48 | $1.59 | 52.7% | 42.1% |
| Free Cash Flow | -$47M | -$355M | $205M | 86.7% | -122.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $813M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $662M |
| Other Expenses | -$8M |
| Operating Expenses | $654M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $401M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $145.0K |
| INCOME BEFORE TAX | $401M |
| Income Tax Expense | $112M |
| Net Income from Continuing Ops | $290M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $290M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $290M |
| D&A | $68M |
| EBIT | $391M |
| EBITDA | $459M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $813M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $662M |
| Other Expenses | -$8M |
| Operating Expenses | $654M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $401M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $145.0K |
| INCOME BEFORE TAX | $401M |
| Income Tax Expense | $112M |
| Net Income from Continuing Ops | $290M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $290M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $290M |
| D&A | $68M |
| EBIT | $391M |
| EBITDA | $459M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $290M |
| Depreciation & Amortization | $68M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | -$273M |
| OPERATING CASH FLOW | $98M |
| Capital Expenditure | -$145M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $16M |
| NET CASH FROM INVESTING | -$124M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$125M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $324.0K |
| NET CASH FROM FINANCING | -$125M |
| FREE CASH FLOW | -$47M |
| Net Change in Cash | -$150M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $499M |
| Short-Term Investments | $0 |
| Net Receivables | $248M |
| Inventory | $1.5B |
| Other Current Assets | $56M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $1.9B |
| Goodwill | $387M |
| Intangible Assets | $67M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $146M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $260M |
| Short-Term Debt | $0 |
| Deferred Revenue | $173M |
| Other Current Liabilities | $246M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $53M |
| Other Non-Current Liabilities | $45M |
| TOTAL NON-CURRENT LIABILITIES | $856M |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $612.0K |
| Additional Paid-In Capital | $433M |
| Retained Earnings | $2.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$212M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $954M |
| Net Debt | $455M |
