| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.4B | $2.4B | $2.8B | 1.6% | -14.0% |
| Op. Income | $200M | $212M | $422M | -5.7% | -52.6% |
| Gross Margin | 32.8% | 33.7% | 36.9% | -0.9pp | -4.1pp |
| Net Margin | 11.3% | 1.8% | 8.6% | 9.5pp | 2.7pp |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | NaN% | NaN% |
| Free Cash Flow | $15M | -$52M | $345M | 128.8% | -95.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $784M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $482M |
| Other Expenses | $0 |
| Operating Expenses | $327M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $200M |
| Interest Income | $0 |
| Interest Expense | $63M |
| Other Income/Expenses | -$48M |
| INCOME BEFORE TAX | $394M |
| Income Tax Expense | $109M |
| Net Income from Continuing Ops | $285M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $270M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $270M |
| D&A | $75M |
| EBIT | $200M |
| EBITDA | $275M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $784M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $482M |
| Other Expenses | $0 |
| Operating Expenses | $327M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $200M |
| Interest Income | $0 |
| Interest Expense | $63M |
| Other Income/Expenses | -$48M |
| INCOME BEFORE TAX | $394M |
| Income Tax Expense | $109M |
| Net Income from Continuing Ops | $285M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $270M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $270M |
| D&A | $75M |
| EBIT | $200M |
| EBITDA | $275M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $270M |
| Depreciation & Amortization | $75M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$97M |
| Other Non-Cash Items | -$323M |
| Change in Working Capital | $30M |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | -$47M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $311M |
| NET CASH FROM INVESTING | $264M |
| Net Debt Issuance | -$381M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$19M |
| NET CASH FROM FINANCING | -$409M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | -$109M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $413M |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $1.4B |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $957M |
| Goodwill | $5.9B |
| Intangible Assets | $3.5B |
| Long-Term Investments | $9.7B |
| Tax Assets | $612M |
| Other Non-Current Assets | -$8.5B |
| TOTAL NON-CURRENT ASSETS | $12.1B |
| TOTAL ASSETS | $15.2B |
| Account Payables | $875M |
| Short-Term Debt | $0 |
| Deferred Revenue | $612M |
| Other Current Liabilities | $596M |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4.0B |
| Deferred Tax Liabilities | $612M |
| Other Non-Current Liabilities | $728M |
| TOTAL NON-CURRENT LIABILITIES | $5.5B |
| TOTAL LIABILITIES | $7.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $10.6B |
| Retained Earnings | -$2.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$330M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.5B |
| Minority Interest | $105M |
| TOTAL EQUITY | $7.7B |
| TOTAL LIABILITIES & EQUITY | $15.2B |
| Total Debt | $4.8B |
| Net Debt | $4.4B |
