| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $981M | $916M | $860M | 7.1% | 14.0% |
| Op. Income | $59M | $52M | $48M | 13.1% | 22.8% |
| Gross Margin | 22.1% | 21.9% | 23.1% | 0.2pp | -1.0pp |
| Net Margin | 3.5% | 3.3% | 3.7% | 0.2pp | -0.2pp |
| EPS (Diluted) | $0.19 | $0.17 | $0.18 | 11.8% | 5.6% |
| Free Cash Flow | $100M | $27M | $70M | 264.5% | 42.3% |
| Item | Amount |
|---|---|
| REVENUE | $981M |
| Cost of Revenue | $764M |
| GROSS PROFIT | $217M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $142M |
| Other Expenses | $16M |
| Operating Expenses | $158M |
| Cost & Expenses | $922M |
| OPERATING INCOME | $59M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $14M |
| 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 | $17M |
| EBIT | $60M |
| EBITDA | $78M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $981M |
| Cost of Revenue | $764M |
| GROSS PROFIT | $217M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $142M |
| Other Expenses | $16M |
| Operating Expenses | $158M |
| Cost & Expenses | $922M |
| OPERATING INCOME | $59M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $14M |
| 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 | $17M |
| EBIT | $60M |
| EBITDA | $78M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $30M |
| OPERATING CASH FLOW | $104M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$60M |
| NET CASH FROM INVESTING | -$65M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $20M |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | $100M |
| Net Change in Cash | $58M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $204M |
| Short-Term Investments | $0 |
| Net Receivables | $363M |
| Inventory | $232M |
| Other Current Assets | $52M |
| TOTAL CURRENT ASSETS | $877M |
| PP&E (Net) | $179M |
| Goodwill | $1.5B |
| Intangible Assets | $376M |
| Long-Term Investments | $36M |
| Tax Assets | $2M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $381M |
| Short-Term Debt | $25M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $72M |
| TOTAL CURRENT LIABILITIES | $555M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $18.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $104M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | $15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $1.2B |
| Net Debt | $973M |
