| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.8B | $3.8B | $4.1B | 2.1% | -5.8% |
| Op. Income | $147M | $267M | $482M | -44.9% | -69.5% |
| Gross Margin | 9.4% | 9.9% | 17.1% | -0.5pp | -7.7pp |
| Net Margin | 2.7% | 5.3% | 8.5% | -2.5pp | -5.7pp |
| EPS (Diluted) | $1.55 | $2.91 | $5.02 | -46.7% | -69.1% |
| Free Cash Flow | $73M | $157M | -$42M | -53.5% | 273.8% |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $360M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $213M |
| Operating Expenses | $213M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $147M |
| Interest Income | $57M |
| Interest Expense | $44M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $147M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $106M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $105M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $105M |
| D&A | $0 |
| EBIT | $191M |
| EBITDA | $191M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $360M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $213M |
| Operating Expenses | $213M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $147M |
| Interest Income | $57M |
| Interest Expense | $44M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $147M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $106M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $105M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $105M |
| D&A | $0 |
| EBIT | $191M |
| EBITDA | $191M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $105M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$40M |
| OPERATING CASH FLOW | $79M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$170M |
| Purchases of Investments | -$4.5B |
| Sales/Maturities of Investments | $3.6B |
| Other Investing Activities | $87M |
| NET CASH FROM INVESTING | -$976M |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$49M |
| Other Financing Activities | $896M |
| NET CASH FROM FINANCING | $831M |
| FREE CASH FLOW | $73M |
| Net Change in Cash | -$153M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $0 |
| Net Receivables | $2.9B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.4B |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $71.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $8.2B |
| TOTAL NON-CURRENT ASSETS | $79.2B |
| TOTAL ASSETS | $84.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $3.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.1B |
| Other Non-Current Liabilities | $73.8B |
| TOTAL NON-CURRENT LIABILITIES | $78.7B |
| TOTAL LIABILITIES | $78.7B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | $8.6B |
| Treasury Stock | -$1.7B |
| Accum. Other Comp. Income | -$3.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.8B |
| Minority Interest | $90M |
| TOTAL EQUITY | $5.9B |
| TOTAL LIABILITIES & EQUITY | $84.6B |
| Total Debt | $3.8B |
| Net Debt | $1.3B |
