| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.1B | $5.1B | $5.3B | -1.3% | -3.8% |
| Op. Income | $181M | $139M | $170M | 30.3% | 6.4% |
| Gross Margin | 18.2% | 17.4% | 16.3% | 0.7pp | 1.9pp |
| Net Margin | 2.4% | 1.8% | 2.1% | 0.6pp | 0.3pp |
| EPS (Diluted) | $2.29 | $1.68 | $2.02 | 36.3% | 13.4% |
| Free Cash Flow | -$72M | $51M | $43M | -239.8% | -268.1% |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $921M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $741M |
| Other Expenses | $0 |
| Operating Expenses | $741M |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $181M |
| Interest Income | $3M |
| Interest Expense | $11M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $174M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $122M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $122M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $122M |
| D&A | $21M |
| EBIT | $184M |
| EBITDA | $205M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $921M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $741M |
| Other Expenses | $0 |
| Operating Expenses | $741M |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $181M |
| Interest Income | $3M |
| Interest Expense | $11M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $174M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $122M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $122M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $122M |
| D&A | $21M |
| EBIT | $184M |
| EBITDA | $205M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $122M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $400.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$207M |
| OPERATING CASH FLOW | -$49M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $200.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | $413M |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | -$71M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $240M |
| FREE CASH FLOW | -$72M |
| Net Change in Cash | $109M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $886M |
| Short-Term Investments | $0 |
| Net Receivables | $5.3B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.4B |
| PP&E (Net) | $424M |
| Goodwill | $1.7B |
| Intangible Assets | $561M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $562M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $9.6B |
| Account Payables | $3.0B |
| Short-Term Debt | $481M |
| Deferred Revenue | $27M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $5.4B |
| Long-Term Debt | $942M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $608M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $7.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.5B |
| Retained Earnings | $3.8B |
| Treasury Stock | -$4.3B |
| Accum. Other Comp. Income | -$472M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $10M |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $9.6B |
| Total Debt | $1.7B |
| Net Debt | $861M |
