| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $524M | $446M | $498M | 17.5% | 5.2% |
| Op. Income | $23M | -$1M | $23M | 2299.2% | 0.1% |
| Gross Margin | 14.5% | 10.2% | 13.7% | 4.3pp | 0.8pp |
| Net Margin | 0.7% | -4.3% | 1.3% | 5.0pp | -0.5pp |
| EPS (Diluted) | $0.04 | $-0.19 | $0.06 | 119.3% | -38.8% |
| Free Cash Flow | -$60M | -$100M | $38M | 39.4% | -257.8% |
| Item | Amount |
|---|---|
| REVENUE | $524M |
| Cost of Revenue | $448M |
| GROSS PROFIT | $76M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $53M |
| Other Expenses | $0 |
| Operating Expenses | $53M |
| Cost & Expenses | $501M |
| OPERATING INCOME | $23M |
| Interest Income | $767.0K |
| Interest Expense | $10M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $31M |
| EBIT | $25M |
| EBITDA | $55M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $524M |
| Cost of Revenue | $448M |
| GROSS PROFIT | $76M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $53M |
| Other Expenses | $0 |
| Operating Expenses | $53M |
| Cost & Expenses | $501M |
| OPERATING INCOME | $23M |
| Interest Income | $767.0K |
| Interest Expense | $10M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $31M |
| EBIT | $25M |
| EBITDA | $55M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $308.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$79M |
| OPERATING CASH FLOW | -$44M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $140.0K |
| NET CASH FROM FINANCING | $140.0K |
| FREE CASH FLOW | -$60M |
| Net Change in Cash | -$70M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $368M |
| Short-Term Investments | $6M |
| Net Receivables | $533M |
| Inventory | $169M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $589M |
| Goodwill | $34M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $102M |
| TOTAL NON-CURRENT ASSETS | $725M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $130M |
| Short-Term Debt | $19M |
| Deferred Revenue | $57M |
| Other Current Liabilities | $55M |
| TOTAL CURRENT LIABILITIES | $473M |
| Long-Term Debt | $702M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $77M |
| TOTAL NON-CURRENT LIABILITIES | $923M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $28M |
| Additional Paid-In Capital | $151M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$606M |
| Accum. Other Comp. Income | -$388M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $471M |
| Minority Interest | $6M |
| TOTAL EQUITY | $477M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $865M |
| Net Debt | $497M |
