| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.6B | $1.2B | -9.2% | 20.8% |
| Op. Income | $48M | $98M | $35M | -50.9% | 37.3% |
| Gross Margin | 16.7% | 18.1% | 16.8% | -1.4pp | -0.1pp |
| Net Margin | 2.3% | 4.4% | 2.1% | -2.1pp | 0.2pp |
| EPS (Diluted) | $0.87 | $1.81 | $0.65 | -51.9% | 33.8% |
| Free Cash Flow | -$40M | $54M | -$4M | -174.6% | -1019.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $240M |
| R&D Expenses | $0 |
| Selling & Marketing | $23M |
| General & Administrative | $158M |
| SG&A Expenses | $181M |
| Other Expenses | $10M |
| Operating Expenses | $192M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $48M |
| Interest Income | $945.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $10M |
| EBIT | $49M |
| EBITDA | $59M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $240M |
| R&D Expenses | $0 |
| Selling & Marketing | $23M |
| General & Administrative | $158M |
| SG&A Expenses | $181M |
| Other Expenses | $10M |
| Operating Expenses | $192M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $48M |
| Interest Income | $945.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $10M |
| EBIT | $49M |
| EBITDA | $59M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$99M |
| OPERATING CASH FLOW | -$36M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$29M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$48M |
| FREE CASH FLOW | -$40M |
| Net Change in Cash | -$87M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $511M |
| Short-Term Investments | $31M |
| Net Receivables | $692M |
| Inventory | $0 |
| Other Current Assets | $125M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $258M |
| Goodwill | $0 |
| Intangible Assets | $13M |
| Long-Term Investments | $166M |
| Tax Assets | $9M |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $482M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $58M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $369M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $174M |
| TOTAL NON-CURRENT LIABILITIES | $611M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $555.0K |
| Additional Paid-In Capital | $126M |
| Retained Earnings | $619M |
| Treasury Stock | -$710M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $35M |
| Minority Interest | $0 |
| TOTAL EQUITY | $35M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $428M |
| Net Debt | -$83M |
