| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $591M | $626M | $537M | -5.6% | 10.1% |
| Op. Income | $112M | $106M | $61M | 5.7% | 83.6% |
| Gross Margin | 57.2% | 53.4% | 51.4% | 3.8pp | 5.8pp |
| Net Margin | 10.8% | 9.6% | 6.0% | 1.2pp | 4.9pp |
| EPS (Diluted) | $0.72 | $0.67 | $0.36 | 7.5% | 100.0% |
| Free Cash Flow | $24M | $82M | -$65M | -70.7% | 136.9% |
| Item | Amount |
|---|---|
| REVENUE | $591M |
| Cost of Revenue | $253M |
| GROSS PROFIT | $338M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $83M |
| Other Expenses | $143M |
| Operating Expenses | $226M |
| Cost & Expenses | $479M |
| OPERATING INCOME | $112M |
| Interest Income | $0 |
| Interest Expense | $38M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $77M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $103M |
| EBIT | $113M |
| EBITDA | $216M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $591M |
| Cost of Revenue | $253M |
| GROSS PROFIT | $338M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $83M |
| Other Expenses | $143M |
| Operating Expenses | $226M |
| Cost & Expenses | $479M |
| OPERATING INCOME | $112M |
| Interest Income | $0 |
| Interest Expense | $38M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $77M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $103M |
| EBIT | $113M |
| EBITDA | $216M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $64M |
| Depreciation & Amortization | $103M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $202M |
| Capital Expenditure | -$178M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$180M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$39M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$41M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $91M |
| Short-Term Investments | $0 |
| Net Receivables | $289M |
| Inventory | $96M |
| Other Current Assets | $271M |
| TOTAL CURRENT ASSETS | $802M |
| PP&E (Net) | $8.2B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $817M |
| TOTAL NON-CURRENT ASSETS | $9.0B |
| TOTAL ASSETS | $9.8B |
| Account Payables | $191M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $627M |
| TOTAL CURRENT LIABILITIES | $920M |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $432M |
| Other Non-Current Liabilities | $2.1B |
| TOTAL NON-CURRENT LIABILITIES | $6.1B |
| TOTAL LIABILITIES | $7.0B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $9.8B |
| Total Debt | $3.6B |
| Net Debt | $3.5B |
