| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.8B | $1.6B | 2.6% | 17.9% |
| Op. Income | $306M | $258M | $177M | 18.8% | 73.2% |
| Gross Margin | 43.8% | 42.5% | 42.1% | 1.3pp | 1.7pp |
| Net Margin | 9.4% | 9.3% | 9.4% | 0.2pp | -0.0pp |
| EPS (Diluted) | $1.60 | $1.52 | $1.33 | 5.3% | 20.3% |
| Free Cash Flow | $213M | $54M | $159M | 292.5% | 33.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $816M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $509M |
| Other Expenses | $0 |
| Operating Expenses | $509M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $306M |
| Interest Income | $718.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$65M |
| INCOME BEFORE TAX | $241M |
| Income Tax Expense | $65M |
| Net Income from Continuing Ops | $176M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $176M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $176M |
| D&A | $12M |
| EBIT | $306M |
| EBITDA | $318M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $816M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $509M |
| Other Expenses | $0 |
| Operating Expenses | $509M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $306M |
| Interest Income | $718.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$65M |
| INCOME BEFORE TAX | $241M |
| Income Tax Expense | $65M |
| Net Income from Continuing Ops | $176M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $176M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $176M |
| D&A | $12M |
| EBIT | $306M |
| EBITDA | $318M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $176M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $928.0K |
| Other Non-Cash Items | $67M |
| Change in Working Capital | -$37M |
| OPERATING CASH FLOW | $233M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $8M |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$99M |
| Common Dividends Paid | -$49M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$147M |
| FREE CASH FLOW | $213M |
| Net Change in Cash | $41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $591M |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $0 |
| Other Current Assets | $455M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $319M |
| Goodwill | $222M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $129M |
| Other Non-Current Assets | $50M |
| TOTAL NON-CURRENT ASSETS | $724M |
| TOTAL ASSETS | $2.9B |
| Account Payables | $155M |
| Short-Term Debt | $84M |
| Deferred Revenue | $20M |
| Other Current Liabilities | $57M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $166M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$133M |
| TOTAL NON-CURRENT LIABILITIES | $199M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $110.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $250M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$48M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $417M |
| Net Debt | -$174M |
