| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $516M | $628M | $567M | -18.0% | -9.1% |
| Op. Income | $122M | $207M | $161M | -41.0% | -24.3% |
| Gross Margin | 64.2% | 66.0% | 65.1% | -1.8pp | -0.9pp |
| Net Margin | 18.8% | 24.7% | 21.3% | -6.0pp | -2.6pp |
| EPS (Diluted) | $0.42 | $0.67 | $0.52 | -37.3% | -19.2% |
| Free Cash Flow | $134M | $169M | $110M | -20.5% | 22.0% |
| Item | Amount |
|---|---|
| REVENUE | $516M |
| Cost of Revenue | $184M |
| GROSS PROFIT | $331M |
| R&D Expenses | $50M |
| Selling & Marketing | $119M |
| General & Administrative | $33M |
| SG&A Expenses | $151M |
| Other Expenses | $8M |
| Operating Expenses | $209M |
| Cost & Expenses | $393M |
| OPERATING INCOME | $122M |
| Interest Income | $4M |
| Interest Expense | $14M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $116M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $97M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $97M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $97M |
| D&A | $50M |
| EBIT | $129M |
| EBITDA | $180M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $516M |
| Cost of Revenue | $184M |
| GROSS PROFIT | $331M |
| R&D Expenses | $50M |
| Selling & Marketing | $119M |
| General & Administrative | $33M |
| SG&A Expenses | $151M |
| Other Expenses | $8M |
| Operating Expenses | $209M |
| Cost & Expenses | $393M |
| OPERATING INCOME | $122M |
| Interest Income | $4M |
| Interest Expense | $14M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $116M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $97M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $97M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $97M |
| D&A | $50M |
| EBIT | $129M |
| EBITDA | $180M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $97M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $172M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | -$64M |
| Purchases of Investments | -$257M |
| Sales/Maturities of Investments | $105M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$252M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $23M |
| NET CASH FROM FINANCING | $23M |
| FREE CASH FLOW | $134M |
| Net Change in Cash | -$64M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $707M |
| Short-Term Investments | $604M |
| Net Receivables | $335M |
| Inventory | $323M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $619M |
| Goodwill | $2.3B |
| Intangible Assets | $594M |
| Long-Term Investments | $0 |
| Tax Assets | $70M |
| Other Non-Current Assets | $384M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $85M |
| Short-Term Debt | $460M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $963M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $35M |
| Other Non-Current Liabilities | $399M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $2.0B |
| Treasury Stock | -$161M |
| Accum. Other Comp. Income | -$391M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $1.9B |
| Net Debt | $1.2B |
