| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $865M | $846M | $841M | 2.2% | 2.9% |
| Op. Income | $50M | $70M | $153M | -28.6% | -67.4% |
| Gross Margin | 7.5% | 10.4% | 20.2% | -2.9pp | -12.7pp |
| Net Margin | 4.6% | 6.7% | 14.5% | -2.1pp | -9.9pp |
| EPS (Diluted) | $0.61 | $0.89 | $1.98 | -31.5% | -69.2% |
| Free Cash Flow | $144M | $85M | $157M | 69.9% | -8.2% |
| Item | Amount |
|---|---|
| REVENUE | $865M |
| Cost of Revenue | $800M |
| GROSS PROFIT | $65M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $7M |
| Operating Expenses | $15M |
| Cost & Expenses | $815M |
| OPERATING INCOME | $50M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $9M |
| EBIT | $57M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $865M |
| Cost of Revenue | $800M |
| GROSS PROFIT | $65M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $7M |
| Operating Expenses | $15M |
| Cost & Expenses | $815M |
| OPERATING INCOME | $50M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $9M |
| EBIT | $57M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $40M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $113M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $151M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.8B |
| Sales/Maturities of Investments | $1.6B |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$139M |
| Net Debt Issuance | -$590.0K |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$23M |
| FREE CASH FLOW | $144M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $401.0K |
| Short-Term Investments | $6.7B |
| Net Receivables | $1.8B |
| Inventory | $0 |
| Other Current Assets | -$8.7B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $83M |
| Goodwill | $8M |
| Intangible Assets | $0 |
| Long-Term Investments | $7.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$7.1B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $10.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$103M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $501M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$505M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $7.7B |
| Common Stock | $210M |
| Additional Paid-In Capital | $481M |
| Retained Earnings | $2.7B |
| Treasury Stock | -$621M |
| Accum. Other Comp. Income | -$336M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $10.3B |
| Total Debt | $505M |
| Net Debt | $505M |
