| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $297M | $281M | $231M | 5.5% | 28.7% |
| Op. Income | $46M | $58M | $36M | -20.4% | 30.0% |
| Gross Margin | 35.1% | 39.9% | 37.3% | -4.8pp | -2.2pp |
| Net Margin | 6.2% | 7.5% | -11.4% | -1.3pp | 17.6pp |
| EPS (Diluted) | $0.18 | $0.22 | $-0.26 | -18.2% | 169.2% |
| Free Cash Flow | $35M | -$10M | $24M | 453.9% | 46.5% |
| Item | Amount |
|---|---|
| REVENUE | $297M |
| Cost of Revenue | $193M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $58M |
| Other Expenses | $0 |
| Operating Expenses | $58M |
| Cost & Expenses | $250M |
| OPERATING INCOME | $46M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $6M |
| EBIT | $34M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $297M |
| Cost of Revenue | $193M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $58M |
| Other Expenses | $0 |
| Operating Expenses | $58M |
| Cost & Expenses | $250M |
| OPERATING INCOME | $46M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $6M |
| EBIT | $34M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$79.0K |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$101.0K |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $35M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $0 |
| Net Receivables | $118M |
| Inventory | $121M |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $336M |
| PP&E (Net) | $67M |
| Goodwill | $543M |
| Intangible Assets | $1.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $65M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $37M |
| TOTAL CURRENT LIABILITIES | $108M |
| Long-Term Debt | $427M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $106M |
| Other Non-Current Liabilities | -$5.0K |
| TOTAL NON-CURRENT LIABILITIES | $579M |
| TOTAL LIABILITIES | $687M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $145M |
| Treasury Stock | -$23M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $479M |
| Net Debt | $428M |
