| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.6B | — | 1.1% | — |
| Op. Income | $468M | $539M | — | -13.2% | — |
| Gross Margin | 62.9% | 64.2% | — | -1.3pp | — |
| Net Margin | 14.8% | 22.2% | — | -7.4pp | — |
| EPS (Diluted) | $0.92 | $1.36 | — | -32.4% | — |
| Free Cash Flow | $106M | $60M | — | 76.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $588M |
| GROSS PROFIT | $997M |
| R&D Expenses | $106M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $423M |
| Other Expenses | $0 |
| Operating Expenses | $529M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $468M |
| Interest Income | $0 |
| Interest Expense | $98M |
| Other Income/Expenses | -$181M |
| INCOME BEFORE TAX | $287M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $234M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $234M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $234M |
| D&A | $50M |
| EBIT | $385M |
| EBITDA | $435M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $588M |
| GROSS PROFIT | $997M |
| R&D Expenses | $106M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $423M |
| Other Expenses | $0 |
| Operating Expenses | $529M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $468M |
| Interest Income | $0 |
| Interest Expense | $98M |
| Other Income/Expenses | -$181M |
| INCOME BEFORE TAX | $287M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $234M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $234M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $234M |
| D&A | $50M |
| EBIT | $385M |
| EBITDA | $435M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $234M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $154M |
| Change in Working Capital | -$306M |
| OPERATING CASH FLOW | $151M |
| Capital Expenditure | -$45M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$38M |
| NET CASH FROM INVESTING | -$83M |
| Net Debt Issuance | -$104M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$72M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$183M |
| FREE CASH FLOW | $106M |
| Net Change in Cash | -$149M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $545M |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $950M |
| Other Current Assets | $780M |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $952M |
| Goodwill | $4.6B |
| Intangible Assets | $638M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $647M |
| TOTAL NON-CURRENT ASSETS | $6.8B |
| TOTAL ASSETS | $10.6B |
| Account Payables | $1.1B |
| Short-Term Debt | $9M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $8.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $23M |
| Other Non-Current Liabilities | $448M |
| TOTAL NON-CURRENT LIABILITIES | $9.4B |
| TOTAL LIABILITIES | $11.8B |
| Common Stock | $3M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$551M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$589M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1.1B |
| TOTAL LIABILITIES & EQUITY | $10.6B |
| Total Debt | $8.9B |
| Net Debt | $8.3B |
