| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $471M | $522M | $845M | -9.8% | -44.3% |
| Op. Income | $185M | $240M | $280M | -22.8% | -33.8% |
| Gross Margin | 50.0% | 43.8% | 43.8% | 6.3pp | 6.2pp |
| Net Margin | 27.4% | 33.3% | 24.2% | -5.8pp | 3.3pp |
| EPS (Diluted) | $2.28 | $2.94 | $2.94 | -22.4% | -22.4% |
| Free Cash Flow | $1.7B | $4.4B | $2.6B | -61.8% | -35.6% |
| Item | Amount |
|---|---|
| REVENUE | $471M |
| Cost of Revenue | $235M |
| GROSS PROFIT | $236M |
| R&D Expenses | $0 |
| Selling & Marketing | $13M |
| General & Administrative | $84M |
| SG&A Expenses | $97M |
| Other Expenses | -$47M |
| Operating Expenses | $51M |
| Cost & Expenses | $286M |
| OPERATING INCOME | $185M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $178M |
| Income Tax Expense | $48M |
| Net Income from Continuing Ops | $129M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $129M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $129M |
| D&A | $11M |
| EBIT | $185M |
| EBITDA | $196M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $471M |
| Cost of Revenue | $235M |
| GROSS PROFIT | $236M |
| R&D Expenses | $0 |
| Selling & Marketing | $13M |
| General & Administrative | $84M |
| SG&A Expenses | $97M |
| Other Expenses | -$47M |
| Operating Expenses | $51M |
| Cost & Expenses | $286M |
| OPERATING INCOME | $185M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $178M |
| Income Tax Expense | $48M |
| Net Income from Continuing Ops | $129M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $129M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $129M |
| D&A | $11M |
| EBIT | $185M |
| EBITDA | $196M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $129M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.4B |
| Change in Working Capital | $168M |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$258M |
| NET CASH FROM INVESTING | -$260M |
| Net Debt Issuance | $507M |
| Common Stock Repurchased | -$114M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$901M |
| NET CASH FROM FINANCING | -$519M |
| FREE CASH FLOW | $1.7B |
| Net Change in Cash | $926M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $5M |
| Net Receivables | $6.4B |
| Inventory | $0 |
| Other Current Assets | $90M |
| TOTAL CURRENT ASSETS | $8.6B |
| PP&E (Net) | $114M |
| Goodwill | $0 |
| Intangible Assets | $5.4B |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $246M |
| TOTAL NON-CURRENT ASSETS | $5.7B |
| TOTAL ASSETS | $14.3B |
| Account Payables | $417M |
| Short-Term Debt | $2.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $6.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $82M |
| TOTAL NON-CURRENT LIABILITIES | $7.0B |
| TOTAL LIABILITIES | $10.8B |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $3.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $14.3B |
| Total Debt | $9.4B |
| Net Debt | $8.0B |
