| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.0B | $1.0B | 7.4% | 3.7% |
| Op. Income | $104M | $75M | $123M | 39.5% | -15.2% |
| Gross Margin | 19.8% | 18.5% | 22.3% | 1.2pp | -2.5pp |
| Net Margin | 6.9% | 5.2% | 7.1% | 1.7pp | -0.2pp |
| EPS (Diluted) | $1.07 | $0.74 | $1.02 | 44.6% | 4.9% |
| Free Cash Flow | $44M | -$72M | $115M | 161.4% | -61.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $864M |
| GROSS PROFIT | $213M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $109M |
| Other Expenses | -$100.0K |
| Operating Expenses | $109M |
| Cost & Expenses | $973M |
| OPERATING INCOME | $104M |
| Interest Income | $400.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $74M |
| D&A | $12M |
| EBIT | $101M |
| EBITDA | $113M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $864M |
| GROSS PROFIT | $213M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $109M |
| Other Expenses | -$100.0K |
| Operating Expenses | $109M |
| Cost & Expenses | $973M |
| OPERATING INCOME | $104M |
| Interest Income | $400.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $74M |
| D&A | $12M |
| EBIT | $101M |
| EBITDA | $113M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $74M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$16M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $71M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $400.0K |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | $87M |
| Common Stock Repurchased | -$65M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | $44M |
| Net Change in Cash | $35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $253M |
| Short-Term Investments | $0 |
| Net Receivables | $559M |
| Inventory | $963M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $442M |
| Goodwill | $267M |
| Intangible Assets | $12M |
| Long-Term Investments | $2M |
| Tax Assets | -$2M |
| Other Non-Current Assets | $363M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $605M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $296M |
| TOTAL CURRENT LIABILITIES | $955M |
| Long-Term Debt | $826M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $164M |
| TOTAL NON-CURRENT LIABILITIES | $990M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $900.0K |
| Additional Paid-In Capital | $867M |
| Retained Earnings | $1.0B |
| Treasury Stock | -$543M |
| Accum. Other Comp. Income | -$321M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $828M |
| Net Debt | $575M |
