| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $714M | $691M | $682M | 3.4% | 4.8% |
| Op. Income | $200M | $195M | $196M | 2.1% | 1.6% |
| Gross Margin | 57.0% | 58.6% | 58.9% | -1.6pp | -1.9pp |
| Net Margin | 23.1% | 23.1% | 24.5% | -0.1pp | -1.5pp |
| EPS (Diluted) | $2.72 | $2.62 | $2.69 | 3.8% | 1.1% |
| Free Cash Flow | $18M | $165M | $99M | -89.3% | -82.0% |
| Item | Amount |
|---|---|
| REVENUE | $714M |
| Cost of Revenue | $307M |
| GROSS PROFIT | $407M |
| R&D Expenses | $44M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $162M |
| Other Expenses | $2M |
| Operating Expenses | $207M |
| Cost & Expenses | $515M |
| OPERATING INCOME | $200M |
| Interest Income | $3M |
| Interest Expense | $11M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $192M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $165M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $165M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $165M |
| D&A | $34M |
| EBIT | $204M |
| EBITDA | $238M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $714M |
| Cost of Revenue | $307M |
| GROSS PROFIT | $407M |
| R&D Expenses | $44M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $162M |
| Other Expenses | $2M |
| Operating Expenses | $207M |
| Cost & Expenses | $515M |
| OPERATING INCOME | $200M |
| Interest Income | $3M |
| Interest Expense | $11M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $192M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $165M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $165M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $165M |
| D&A | $34M |
| EBIT | $204M |
| EBITDA | $238M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $165M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$17M |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$152M |
| OPERATING CASH FLOW | $57M |
| Capital Expenditure | -$39M |
| Acquisitions (Net) | -$21M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $22M |
| Other Investing Activities | $21M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | $40M |
| Common Stock Repurchased | -$152M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $29M |
| NET CASH FROM FINANCING | -$83M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | -$61M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $419M |
| Short-Term Investments | $897.0K |
| Net Receivables | $639M |
| Inventory | $410M |
| Other Current Assets | $95M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $632M |
| Goodwill | $428M |
| Intangible Assets | $225M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $191M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $98M |
| Short-Term Debt | $50M |
| Deferred Revenue | $282M |
| Other Current Liabilities | $176M |
| TOTAL CURRENT LIABILITIES | $747M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $407M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $8.1B |
| Treasury Stock | -$9.8B |
| Accum. Other Comp. Income | -$141M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $392M |
| Minority Interest | $0 |
| TOTAL EQUITY | $392M |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $1.6B |
| Net Debt | $1.2B |
