| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $312M | $318M | $332M | -1.7% | -6.0% |
| Op. Income | $39M | $35M | $60M | 9.6% | -35.0% |
| Gross Margin | 36.2% | 35.5% | 40.9% | 0.7pp | -4.6pp |
| Net Margin | 9.3% | 8.5% | 13.3% | 0.8pp | -4.0pp |
| EPS (Diluted) | $1.04 | $0.95 | $1.54 | 9.5% | -32.5% |
| Free Cash Flow | -$32M | -$9M | -$5M | -248.5% | -578.6% |
| Item | Amount |
|---|---|
| REVENUE | $312M |
| Cost of Revenue | $199M |
| GROSS PROFIT | $113M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $74M |
| Other Expenses | $0 |
| Operating Expenses | $74M |
| Cost & Expenses | $273M |
| OPERATING INCOME | $39M |
| Interest Income | $138.0K |
| Interest Expense | $65.0K |
| Other Income/Expenses | $73.0K |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $6M |
| EBIT | $39M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $312M |
| Cost of Revenue | $199M |
| GROSS PROFIT | $113M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $74M |
| Other Expenses | $0 |
| Operating Expenses | $74M |
| Cost & Expenses | $273M |
| OPERATING INCOME | $39M |
| Interest Income | $138.0K |
| Interest Expense | $65.0K |
| Other Income/Expenses | $73.0K |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $6M |
| EBIT | $39M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$61M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5.0K |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$38.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$32M |
| Net Change in Cash | -$35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52M |
| Short-Term Investments | $11M |
| Net Receivables | $11M |
| Inventory | $386M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $477M |
| PP&E (Net) | $379M |
| Goodwill | $11M |
| Intangible Assets | $33M |
| Long-Term Investments | -$4M |
| Tax Assets | $4M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $438M |
| TOTAL ASSETS | $915M |
| Account Payables | $114M |
| Short-Term Debt | $53M |
| Deferred Revenue | $3M |
| Other Current Liabilities | -$30M |
| TOTAL CURRENT LIABILITIES | $189M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $242M |
| TOTAL LIABILITIES | $431M |
| Common Stock | $410.0K |
| Additional Paid-In Capital | $81M |
| Retained Earnings | $604M |
| Treasury Stock | -$202M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $484M |
| Minority Interest | $0 |
| TOTAL EQUITY | $484M |
| TOTAL LIABILITIES & EQUITY | $915M |
| Total Debt | $279M |
| Net Debt | $227M |
