| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $185M | $170M | $144M | 8.6% | 28.8% |
| Op. Income | $37M | $28M | $19M | 30.3% | 94.2% |
| Gross Margin | 61.7% | 60.8% | 60.0% | 0.9pp | 1.7pp |
| Net Margin | 17.8% | 13.8% | 11.2% | 4.0pp | 6.6pp |
| EPS (Diluted) | $0.50 | $0.36 | $0.24 | 38.9% | 108.3% |
| Free Cash Flow | $46M | $27M | $30M | 71.6% | 52.2% |
| Item | Amount |
|---|---|
| REVENUE | $185M |
| Cost of Revenue | $71M |
| GROSS PROFIT | $114M |
| R&D Expenses | $35M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $78M |
| Cost & Expenses | $148M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$726.0K |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $9M |
| EBIT | $37M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $185M |
| Cost of Revenue | $71M |
| GROSS PROFIT | $114M |
| R&D Expenses | $35M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $78M |
| Cost & Expenses | $148M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$726.0K |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $9M |
| EBIT | $37M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $748.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $53M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $10.0K |
| Purchases of Investments | -$250.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10.0K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$42M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$41M |
| FREE CASH FLOW | $46M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $263M |
| Short-Term Investments | $0 |
| Net Receivables | $73M |
| Inventory | $103M |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $485M |
| PP&E (Net) | $132M |
| Goodwill | $351M |
| Intangible Assets | $9M |
| Long-Term Investments | $356.0K |
| Tax Assets | $25M |
| Other Non-Current Assets | $98M |
| TOTAL NON-CURRENT ASSETS | $615M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $52M |
| Short-Term Debt | $0 |
| Deferred Revenue | -$4M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $116M |
| Long-Term Debt | $175M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $98M |
| TOTAL NON-CURRENT LIABILITIES | $275M |
| TOTAL LIABILITIES | $391M |
| Common Stock | $785.0K |
| Additional Paid-In Capital | $487M |
| Retained Earnings | $728M |
| Treasury Stock | -$499M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $708M |
| Minority Interest | $206.0K |
| TOTAL EQUITY | $709M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $175M |
| Net Debt | -$87M |
