| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $541M | $485M | $401M | 11.7% | 35.0% |
| Op. Income | $54M | $55M | $49M | -1.3% | 10.5% |
| Gross Margin | 22.1% | 24.3% | 27.5% | -2.2pp | -5.3pp |
| Net Margin | 5.5% | 6.7% | 22.2% | -1.2pp | -16.7pp |
| EPS (Diluted) | $0.49 | $0.53 | $1.47 | -7.5% | -66.7% |
| Free Cash Flow | -$83M | -$77M | $52M | -8.4% | -259.0% |
| Item | Amount |
|---|---|
| REVENUE | $541M |
| Cost of Revenue | $421M |
| GROSS PROFIT | $120M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $60M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $487M |
| OPERATING INCOME | $54M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $27M |
| EBIT | $53M |
| EBITDA | $81M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $541M |
| Cost of Revenue | $421M |
| GROSS PROFIT | $120M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $60M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $487M |
| OPERATING INCOME | $54M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $27M |
| EBIT | $53M |
| EBITDA | $81M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$101M |
| OPERATING CASH FLOW | -$23M |
| Capital Expenditure | -$60M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$60M |
| Net Debt Issuance | $16M |
| Common Stock Repurchased | -$400.0K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $73M |
| NET CASH FROM FINANCING | $87M |
| FREE CASH FLOW | -$83M |
| Net Change in Cash | $500.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $41M |
| Short-Term Investments | $0 |
| Net Receivables | $417M |
| Inventory | $285M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $812M |
| PP&E (Net) | $822M |
| Goodwill | $72M |
| Intangible Assets | $30M |
| Long-Term Investments | $5M |
| Tax Assets | $61M |
| Other Non-Current Assets | $47M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $218M |
| Short-Term Debt | $263M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $41M |
| TOTAL CURRENT LIABILITIES | $582M |
| Long-Term Debt | $620M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $87M |
| Other Non-Current Liabilities | $164M |
| TOTAL NON-CURRENT LIABILITIES | $871M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $85M |
| Additional Paid-In Capital | $72M |
| Retained Earnings | $276M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | -$34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $395M |
| Minority Interest | $0 |
| TOTAL EQUITY | $395M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $883M |
| Net Debt | $842M |
