| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $776M | $748M | $725M | 3.8% | 7.1% |
| Op. Income | $137M | $135M | $121M | 1.3% | 12.8% |
| Gross Margin | 44.8% | 44.8% | 44.0% | 0.0pp | 0.9pp |
| Net Margin | 4.3% | 33.4% | 11.4% | -29.2pp | -7.1pp |
| EPS (Diluted) | $0.21 | $1.50 | $0.48 | -86.0% | -56.3% |
| Free Cash Flow | -$6M | $28M | $43M | -122.5% | -115.1% |
| Item | Amount |
|---|---|
| REVENUE | $776M |
| Cost of Revenue | $428M |
| GROSS PROFIT | $348M |
| R&D Expenses | $35M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $177M |
| Other Expenses | $0 |
| Operating Expenses | $212M |
| Cost & Expenses | $640M |
| OPERATING INCOME | $137M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$95M |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $8M |
| 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 | $29M |
| EBIT | $137M |
| EBITDA | $166M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $776M |
| Cost of Revenue | $428M |
| GROSS PROFIT | $348M |
| R&D Expenses | $35M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $177M |
| Other Expenses | $0 |
| Operating Expenses | $212M |
| Cost & Expenses | $640M |
| OPERATING INCOME | $137M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$95M |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $8M |
| 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 | $29M |
| EBIT | $137M |
| EBITDA | $166M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $76M |
| Change in Working Capital | -$143M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $19M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $300.0K |
| NET CASH FROM FINANCING | $800.0K |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $127M |
| Short-Term Investments | $135M |
| Net Receivables | $482M |
| Inventory | $326M |
| Other Current Assets | $150M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $128M |
| Goodwill | $1.7B |
| Intangible Assets | $643M |
| Long-Term Investments | $0 |
| Tax Assets | -$245M |
| Other Non-Current Assets | $640M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $388M |
| Short-Term Debt | $9M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $50M |
| TOTAL CURRENT LIABILITIES | $850M |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $51M |
| Deferred Tax Liabilities | -$51M |
| Other Non-Current Liabilities | $234M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $13M |
| Retained Earnings | $661M |
| Treasury Stock | -$278M |
| Accum. Other Comp. Income | $104M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $499M |
| Minority Interest | $3M |
| TOTAL EQUITY | $503M |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $2.7B |
| Net Debt | $2.5B |
