| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $724M | $663M | $591M | 9.2% | 22.5% |
| Op. Income | $84M | $83M | $71M | 0.4% | 18.2% |
| Gross Margin | 21.8% | 23.4% | 23.9% | -1.7pp | -2.1pp |
| Net Margin | 9.2% | 9.0% | 8.8% | 0.2pp | 0.4pp |
| EPS (Diluted) | $6.56 | $5.76 | $4.75 | 13.9% | 38.1% |
| Free Cash Flow | $2M | -$6M | $31M | 141.0% | -92.2% |
| Item | Amount |
|---|---|
| REVENUE | $724M |
| Cost of Revenue | $566M |
| GROSS PROFIT | $157M |
| R&D Expenses | $35M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $74M |
| Cost & Expenses | $640M |
| OPERATING INCOME | $84M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | $19M |
| 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 | $21M |
| EBIT | $93M |
| EBITDA | $113M |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| REVENUE | $724M |
| Cost of Revenue | $566M |
| GROSS PROFIT | $157M |
| R&D Expenses | $35M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $74M |
| Cost & Expenses | $640M |
| OPERATING INCOME | $84M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | $19M |
| 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 | $21M |
| EBIT | $93M |
| EBITDA | $113M |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| Net Income | $66M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | -$48M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $70M |
| Common Stock Repurchased | -$53M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $79M |
| Short-Term Investments | $0 |
| Net Receivables | $515M |
| Inventory | $530M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $730M |
| Goodwill | $124M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $313M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $321M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $447M |
| Long-Term Debt | $911M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $201M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $836M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$114M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $721M |
| Minority Interest | $0 |
| TOTAL EQUITY | $721M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $978M |
| Net Debt | $898M |
