| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $566M | $1.8B | 196.5% | -8.2% |
| Op. Income | $388M | -$35M | $424M | 1195.8% | -8.5% |
| Gross Margin | 35.1% | 21.0% | 36.0% | 14.1pp | -0.9pp |
| Net Margin | 16.5% | -8.8% | 17.0% | 25.3pp | -0.5pp |
| EPS (Diluted) | $4.94 | $-0.90 | $5.43 | 648.9% | -9.0% |
| Free Cash Flow | -$397M | -$811M | -$298M | 51.0% | -33.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $588M |
| R&D Expenses | $12M |
| Selling & Marketing | $49M |
| General & Administrative | $134M |
| SG&A Expenses | $183M |
| Other Expenses | $5M |
| Operating Expenses | $201M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $388M |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $355M |
| Income Tax Expense | $79M |
| Net Income from Continuing Ops | $277M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $277M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $277M |
| D&A | $27M |
| EBIT | $383M |
| EBITDA | $410M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $588M |
| R&D Expenses | $12M |
| Selling & Marketing | $49M |
| General & Administrative | $134M |
| SG&A Expenses | $183M |
| Other Expenses | $5M |
| Operating Expenses | $201M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $388M |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $355M |
| Income Tax Expense | $79M |
| Net Income from Continuing Ops | $277M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $277M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $277M |
| D&A | $27M |
| EBIT | $383M |
| EBITDA | $410M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $276M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$697M |
| OPERATING CASH FLOW | -$378M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | -$300.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $565M |
| Common Stock Repurchased | -$127M |
| Common Dividends Paid | -$56M |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $389M |
| FREE CASH FLOW | -$397M |
| Net Change in Cash | $700.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $990M |
| Inventory | $1.6B |
| Other Current Assets | $445M |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $621M |
| Goodwill | $688M |
| Intangible Assets | $800M |
| Long-Term Investments | $193M |
| Tax Assets | $0 |
| Other Non-Current Assets | $651M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $508M |
| Short-Term Debt | $460M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $503M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $412M |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $5.2B |
| Common Stock | $362M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.8B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$48M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $975M |
| Minority Interest | $0 |
| TOTAL EQUITY | $975M |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $3.8B |
| Net Debt | $3.8B |
