| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.8B | $2.9B | -16.5% | -20.4% |
| Op. Income | $809M | $1.5B | $1.7B | -45.0% | -51.7% |
| Gross Margin | 36.4% | 54.3% | 58.9% | -17.9pp | -22.5pp |
| Net Margin | 18.7% | 28.4% | 32.2% | -9.7pp | -13.5pp |
| EPS (Diluted) | $0.56 | $1.02 | $1.21 | -45.1% | -53.7% |
| Free Cash Flow | $85M | $616M | $842M | -86.1% | -89.9% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $839M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $31M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $809M |
| Interest Income | $4M |
| Interest Expense | $85M |
| Other Income/Expenses | -$78M |
| INCOME BEFORE TAX | $731M |
| Income Tax Expense | $296M |
| Net Income from Continuing Ops | $434M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $432M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $432M |
| D&A | $209M |
| EBIT | $817M |
| EBITDA | $1.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $839M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $31M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $809M |
| Interest Income | $4M |
| Interest Expense | $85M |
| Other Income/Expenses | -$78M |
| INCOME BEFORE TAX | $731M |
| Income Tax Expense | $296M |
| Net Income from Continuing Ops | $434M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $432M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $432M |
| D&A | $209M |
| EBIT | $817M |
| EBITDA | $1.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $434M |
| Depreciation & Amortization | $209M |
| Stock-Based Compensation | $200.0K |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$326M |
| OPERATING CASH FLOW | $310M |
| Capital Expenditure | -$225M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $164M |
| Sales/Maturities of Investments | $164M |
| Other Investing Activities | -$164M |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$966M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$968M |
| FREE CASH FLOW | $85M |
| Net Change in Cash | -$734M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $243M |
| Net Receivables | $1.1B |
| Inventory | $1.1B |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $5.0B |
| PP&E (Net) | $10.4B |
| Goodwill | $0 |
| Intangible Assets | $135M |
| Long-Term Investments | $116M |
| Tax Assets | $284M |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $12.2B |
| TOTAL ASSETS | $17.1B |
| Account Payables | $672M |
| Short-Term Debt | $300M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $6.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $119M |
| Other Non-Current Liabilities | $750M |
| TOTAL NON-CURRENT LIABILITIES | $7.9B |
| TOTAL LIABILITIES | $9.4B |
| Common Stock | $9M |
| Additional Paid-In Capital | $3.5B |
| Retained Earnings | $7.2B |
| Treasury Stock | -$3.1B |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.6B |
| Minority Interest | $60M |
| TOTAL EQUITY | $7.7B |
| TOTAL LIABILITIES & EQUITY | $17.1B |
| Total Debt | $7.4B |
| Net Debt | $5.3B |
