| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $889M | $817M | $881M | 8.7% | 0.9% |
| Op. Income | $36M | $30M | $51M | 17.6% | -29.3% |
| Gross Margin | 8.6% | 8.6% | 10.3% | 0.0pp | -1.7pp |
| Net Margin | 3.0% | 2.9% | 4.7% | 0.2pp | -1.7pp |
| EPS (Diluted) | $0.95 | $0.82 | $1.42 | 15.9% | -33.1% |
| Free Cash Flow | $53M | -$122M | $75M | 143.7% | -28.7% |
| Item | Amount |
|---|---|
| REVENUE | $889M |
| Cost of Revenue | $812M |
| GROSS PROFIT | $77M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $41M |
| Other Expenses | $0 |
| Operating Expenses | $41M |
| Cost & Expenses | $853M |
| OPERATING INCOME | $36M |
| Interest Income | $262.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $15M |
| EBIT | $35M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $889M |
| Cost of Revenue | $812M |
| GROSS PROFIT | $77M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $41M |
| Other Expenses | $0 |
| Operating Expenses | $41M |
| Cost & Expenses | $853M |
| OPERATING INCOME | $36M |
| Interest Income | $262.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $15M |
| EBIT | $35M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $78.0K |
| Other Non-Cash Items | $253.0K |
| Change in Working Capital | $36M |
| OPERATING CASH FLOW | $84M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $47.0K |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | $70M |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $38M |
| FREE CASH FLOW | $53M |
| Net Change in Cash | $90M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $308M |
| Short-Term Investments | $0 |
| Net Receivables | $687M |
| Inventory | $1.4B |
| Other Current Assets | $912.0K |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $493M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $27M |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $555M |
| TOTAL ASSETS | $3.0B |
| Account Payables | $768M |
| Short-Term Debt | $222M |
| Deferred Revenue | $365M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $186M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $65M |
| TOTAL NON-CURRENT LIABILITIES | $290M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $541.0K |
| Additional Paid-In Capital | $641M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $443M |
| Net Debt | $135M |
