| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $497M | $459M | $464M | 8.3% | 7.2% |
| Op. Income | $18M | $18M | $27M | 4.0% | -31.5% |
| Gross Margin | 17.8% | 18.5% | 19.5% | -0.7pp | -1.7pp |
| Net Margin | 3.0% | 0.7% | 3.9% | 2.4pp | -0.8pp |
| EPS (Diluted) | $0.42 | $0.09 | $0.50 | 381.7% | -16.0% |
| Free Cash Flow | -$8M | -$3M | $2M | -158.1% | -633.3% |
| Item | Amount |
|---|---|
| REVENUE | $497M |
| Cost of Revenue | $409M |
| GROSS PROFIT | $89M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $69M |
| Other Expenses | $1M |
| Operating Expenses | $70M |
| Cost & Expenses | $479M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $16M |
| EBIT | $16M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $497M |
| Cost of Revenue | $409M |
| GROSS PROFIT | $89M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $69M |
| Other Expenses | $1M |
| Operating Expenses | $70M |
| Cost & Expenses | $479M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $16M |
| EBIT | $16M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $900.0K |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $100.0K |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $0 |
| Net Receivables | $242M |
| Inventory | $669M |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $987M |
| PP&E (Net) | $358M |
| Goodwill | $247M |
| Intangible Assets | $133M |
| Long-Term Investments | $3M |
| Tax Assets | $1M |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $771M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $283M |
| Short-Term Debt | $14M |
| Deferred Revenue | $28M |
| Other Current Liabilities | $177M |
| TOTAL CURRENT LIABILITIES | $567M |
| Long-Term Debt | $380M |
| Deferred Revenue NC | $17M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $115M |
| TOTAL NON-CURRENT LIABILITIES | $538M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $400.0K |
| Additional Paid-In Capital | $603M |
| Retained Earnings | $246M |
| Treasury Stock | -$65M |
| Accum. Other Comp. Income | -$131M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $653M |
| Minority Interest | $0 |
| TOTAL EQUITY | $653M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $419M |
| Net Debt | $376M |
