| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $277M | $279M | $276M | -0.9% | 0.2% |
| Op. Income | $29M | $25M | $32M | 17.9% | -10.1% |
| Gross Margin | 36.1% | 35.6% | 37.0% | 0.5pp | -0.9pp |
| Net Margin | 7.2% | 6.8% | 7.3% | 0.3pp | -0.1pp |
| EPS (Diluted) | $1.09 | $1.04 | $1.10 | 4.8% | -0.9% |
| Free Cash Flow | $7M | -$19M | $28M | 135.6% | -76.4% |
| Item | Amount |
|---|---|
| REVENUE | $277M |
| Cost of Revenue | $177M |
| GROSS PROFIT | $100M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $55M |
| SG&A Expenses | $55M |
| Other Expenses | $831.0K |
| Operating Expenses | $71M |
| Cost & Expenses | $248M |
| OPERATING INCOME | $29M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $9M |
| EBIT | $29M |
| EBITDA | $39M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $277M |
| Cost of Revenue | $177M |
| GROSS PROFIT | $100M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $55M |
| SG&A Expenses | $55M |
| Other Expenses | $831.0K |
| Operating Expenses | $71M |
| Cost & Expenses | $248M |
| OPERATING INCOME | $29M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $9M |
| EBIT | $29M |
| EBITDA | $39M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$91.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$20.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $55M |
| Common Stock Repurchased | -$29M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $25M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $86M |
| Short-Term Investments | $0 |
| Net Receivables | $288M |
| Inventory | $334M |
| Other Current Assets | $61M |
| TOTAL CURRENT ASSETS | $770M |
| PP&E (Net) | $148M |
| Goodwill | $320M |
| Intangible Assets | $127M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $79M |
| TOTAL NON-CURRENT ASSETS | $673M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $128M |
| Short-Term Debt | $377M |
| Deferred Revenue | $40M |
| Other Current Liabilities | $113M |
| TOTAL CURRENT LIABILITIES | $694M |
| Long-Term Debt | $602.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $99M |
| TOTAL NON-CURRENT LIABILITIES | $129M |
| TOTAL LIABILITIES | $823M |
| Common Stock | $31M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $607M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $620M |
| Minority Interest | $0 |
| TOTAL EQUITY | $620M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $401M |
| Net Debt | $315M |
