| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.0B | $1.0B | 18.7% | 20.4% |
| Op. Income | $125M | $80M | $49M | 56.2% | 154.5% |
| Gross Margin | 44.4% | 46.4% | 47.5% | -2.0pp | -3.1pp |
| Net Margin | 5.4% | 2.1% | -0.5% | 3.3pp | 5.9pp |
| EPS (Diluted) | $0.18 | $0.06 | $-0.02 | 201.0% | 1246.5% |
| Free Cash Flow | -$324M | -$180M | -$245M | -80.0% | -32.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $687M |
| GROSS PROFIT | $549M |
| R&D Expenses | $0 |
| Selling & Marketing | $90M |
| General & Administrative | $334M |
| SG&A Expenses | $424M |
| Other Expenses | $0 |
| Operating Expenses | $424M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $125M |
| Interest Income | $2M |
| Interest Expense | $33M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $45M |
| EBIT | $120M |
| EBITDA | $165M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $687M |
| GROSS PROFIT | $549M |
| R&D Expenses | $0 |
| Selling & Marketing | $90M |
| General & Administrative | $334M |
| SG&A Expenses | $424M |
| Other Expenses | $0 |
| Operating Expenses | $424M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $125M |
| Interest Income | $2M |
| Interest Expense | $33M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $45M |
| EBIT | $120M |
| EBITDA | $165M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $66M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | $21M |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | -$420M |
| OPERATING CASH FLOW | -$281M |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | $24M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $20M |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $15M |
| FREE CASH FLOW | -$324M |
| Net Change in Cash | -$262M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $275M |
| Short-Term Investments | $0 |
| Net Receivables | $989M |
| Inventory | $1.2B |
| Other Current Assets | $273M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $768M |
| Goodwill | $1.4B |
| Intangible Assets | $445M |
| Long-Term Investments | $6M |
| Tax Assets | $494M |
| Other Non-Current Assets | $360M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $535M |
| Short-Term Debt | $327M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $553M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $346M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $441M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $2.5B |
| Treasury Stock | -$2.2B |
| Accum. Other Comp. Income | -$913M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $2.9B |
| Net Debt | $2.7B |
