| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $372M | $235M | $390M | 58.4% | -4.6% |
| Op. Income | $22M | $18M | $28M | 23.1% | -21.2% |
| Gross Margin | 11.5% | 14.3% | 12.5% | -2.8pp | -1.1pp |
| Net Margin | 3.1% | 6.0% | 4.6% | -2.9pp | -1.5pp |
| EPS (Diluted) | $1.31 | $1.55 | $1.97 | -15.5% | -33.5% |
| Free Cash Flow | -$87M | $8M | -$21M | -1131.1% | -304.5% |
| Item | Amount |
|---|---|
| REVENUE | $372M |
| Cost of Revenue | $330M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $19M |
| Other Expenses | $2M |
| Operating Expenses | $21M |
| Cost & Expenses | $350M |
| OPERATING INCOME | $22M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | -$5.0K |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $9M |
| EBIT | $17M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $372M |
| Cost of Revenue | $330M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $19M |
| Other Expenses | $2M |
| Operating Expenses | $21M |
| Cost & Expenses | $350M |
| OPERATING INCOME | $22M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | -$5.0K |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $9M |
| EBIT | $17M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$101M |
| OPERATING CASH FLOW | -$72M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $48M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$139.0K |
| NET CASH FROM FINANCING | $35M |
| FREE CASH FLOW | -$87M |
| Net Change in Cash | -$49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $152M |
| Inventory | $608M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $783M |
| PP&E (Net) | $340M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $65M |
| TOTAL NON-CURRENT ASSETS | $405M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $269M |
| Short-Term Debt | $4M |
| Deferred Revenue | $12M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $372M |
| Long-Term Debt | $143M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $31M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $230M |
| TOTAL LIABILITIES | $602M |
| Common Stock | $3M |
| Additional Paid-In Capital | $99M |
| Retained Earnings | $612M |
| Treasury Stock | -$109M |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $586M |
| Minority Interest | $0 |
| TOTAL EQUITY | $586M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $221M |
| Net Debt | $210M |
