| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $445M | $449M | $371M | -0.8% | 20.0% |
| Op. Income | $32M | $20M | $21M | 62.5% | 53.7% |
| Gross Margin | 19.6% | 16.8% | 18.8% | 2.9pp | 0.9pp |
| Net Margin | 5.2% | 3.1% | 4.8% | 2.1pp | 0.4pp |
| EPS (Diluted) | $1.12 | $0.68 | $0.87 | 64.7% | 28.7% |
| Free Cash Flow | $17M | -$33M | $2M | 151.0% | 688.0% |
| Item | Amount |
|---|---|
| REVENUE | $445M |
| Cost of Revenue | $358M |
| GROSS PROFIT | $87M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $40M |
| Other Expenses | $8M |
| Operating Expenses | $56M |
| Cost & Expenses | $413M |
| OPERATING INCOME | $32M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $13M |
| EBIT | $34M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $445M |
| Cost of Revenue | $358M |
| GROSS PROFIT | $87M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $40M |
| Other Expenses | $8M |
| Operating Expenses | $56M |
| Cost & Expenses | $413M |
| OPERATING INCOME | $32M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $13M |
| EBIT | $34M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$95.0K |
| NET CASH FROM FINANCING | -$887.0K |
| FREE CASH FLOW | $17M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $0 |
| Net Receivables | $223M |
| Inventory | $422M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $707M |
| PP&E (Net) | $493M |
| Goodwill | $320M |
| Intangible Assets | $148M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $30M |
| TOTAL NON-CURRENT ASSETS | $996M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $114M |
| Short-Term Debt | $15M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $49M |
| TOTAL CURRENT LIABILITIES | $210M |
| Long-Term Debt | $482M |
| Deferred Revenue NC | $108M |
| Deferred Tax Liabilities | $29M |
| Other Non-Current Liabilities | $48M |
| TOTAL NON-CURRENT LIABILITIES | $744M |
| TOTAL LIABILITIES | $954M |
| Common Stock | $281M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $726M |
| Treasury Stock | -$218M |
| Accum. Other Comp. Income | -$45M |
| Other Equity | $5M |
| TOTAL STOCKHOLDERS' EQUITY | $749M |
| Minority Interest | $0 |
| TOTAL EQUITY | $749M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $574M |
| Net Debt | $542M |
