| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.6B | $4.2B | $3.6B | 9.2% | 27.3% |
| Op. Income | $513M | $402M | -$123M | 27.6% | 516.6% |
| Gross Margin | 14.6% | 12.8% | 10.5% | 1.8pp | 4.2pp |
| Net Margin | 7.8% | 6.6% | -4.6% | 1.2pp | 12.4pp |
| EPS (Diluted) | $1.50 | $1.15 | $-0.68 | 30.4% | 320.6% |
| Free Cash Flow | $80M | $145M | $177M | -45.3% | -55.0% |
| Item | Amount |
|---|---|
| REVENUE | $4.6B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $677M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $164M |
| Other Expenses | $0 |
| Operating Expenses | $164M |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $513M |
| Interest Income | $1M |
| Interest Expense | $38M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | $475M |
| Income Tax Expense | $113M |
| Net Income from Continuing Ops | $362M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $362M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $362M |
| D&A | $100M |
| EBIT | $513M |
| EBITDA | $613M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $4.6B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $677M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $164M |
| Other Expenses | $0 |
| Operating Expenses | $164M |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $513M |
| Interest Income | $1M |
| Interest Expense | $38M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | $475M |
| Income Tax Expense | $113M |
| Net Income from Continuing Ops | $362M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $362M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $362M |
| D&A | $100M |
| EBIT | $513M |
| EBITDA | $613M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $362M |
| Depreciation & Amortization | $100M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$14M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$259M |
| OPERATING CASH FLOW | $194M |
| Capital Expenditure | -$115M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$113M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | -$93M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$110M |
| FREE CASH FLOW | $80M |
| Net Change in Cash | -$33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $682M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $1.8B |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $4.0B |
| PP&E (Net) | $3.2B |
| Goodwill | $1.2B |
| Intangible Assets | $874M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $5.3B |
| TOTAL ASSETS | $9.3B |
| Account Payables | $1.4B |
| Short-Term Debt | $26M |
| Deferred Revenue | $28M |
| Other Current Liabilities | $380M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $316M |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $4.0B |
| TOTAL LIABILITIES | $6.5B |
| Common Stock | $3M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $1.6B |
| Treasury Stock | -$465M |
| Accum. Other Comp. Income | -$292M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $12M |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $9.3B |
| Total Debt | $3.7B |
| Net Debt | $3.0B |
