| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $771M | $724M | $736M | 6.5% | 4.7% |
| Op. Income | $72M | $53M | $64M | 34.1% | 11.5% |
| Gross Margin | 25.2% | 24.0% | 27.1% | 1.2pp | -1.9pp |
| Net Margin | 3.8% | 6.4% | 6.6% | -2.6pp | -2.8pp |
| EPS (Diluted) | $0.91 | $1.44 | $1.51 | -36.8% | -39.7% |
| Free Cash Flow | -$14M | $120M | $6M | -111.7% | -352.0% |
| Item | Amount |
|---|---|
| REVENUE | $771M |
| Cost of Revenue | $577M |
| GROSS PROFIT | $194M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $111M |
| Other Expenses | $0 |
| Operating Expenses | $123M |
| Cost & Expenses | $699M |
| OPERATING INCOME | $72M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $22M |
| EBIT | $72M |
| EBITDA | $94M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $771M |
| Cost of Revenue | $577M |
| GROSS PROFIT | $194M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $111M |
| Other Expenses | $0 |
| Operating Expenses | $123M |
| Cost & Expenses | $699M |
| OPERATING INCOME | $72M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $22M |
| EBIT | $72M |
| EBITDA | $94M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$46M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | -$12M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $440.0K |
| NET CASH FROM INVESTING | -$48M |
| Net Debt Issuance | $56M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $42M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $120M |
| Short-Term Investments | $0 |
| Net Receivables | $931M |
| Inventory | $592M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $730M |
| Goodwill | $842M |
| Intangible Assets | $105M |
| Long-Term Investments | $414.0K |
| Tax Assets | $16M |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $223M |
| Short-Term Debt | $372.0K |
| Deferred Revenue | $322M |
| Other Current Liabilities | $188M |
| TOTAL CURRENT LIABILITIES | $842M |
| Long-Term Debt | $832M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $71M |
| Other Non-Current Liabilities | $265M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $51M |
| Additional Paid-In Capital | $543M |
| Retained Earnings | $2.3B |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | -$432M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $833M |
| Net Debt | $712M |
