Denote a 2\times 2 orthogonal matrix by \begin{bmatrix}a & c\\ b & d\end{bmatrix}.
Since it is an orthogonal matrix, the entries satisfy a^2+b^2=1, ac+bd=0, c^2+d^2=1.
Since a^2+b^2=1, it is standard to parametrize a and b by a=\cos\theta and b=\sin\theta. Using the last two equations, we can get c=\mp \sin\theta, d=\pm\cos\theta. In other words, we have two types of orthogonal matrix A = \begin{bmatrix}\cos\theta & -\sin\theta \\ \sin\theta & \cos\theta\end{bmatrix}, B = \begin{bmatrix}\cos\theta & \sin\theta \\ \sin\theta & -\cos\theta\end{bmatrix}.
Problem: What are the eigenvalues and correspondent eigenvectors of the matrix B? How are those two eigenvectors related to each other? What does the linear transformation S that sends x to Bx do? What about the linear transformation T that sends x to B^2x?
Solution: To get the eigenvalues of the matrix B, consider the characteristic equation det\left(B-\lambda I\right)=\begin{vmatrix}\cos\theta-\lambda & \sin\theta \\ \sin\theta & -\cos\theta-\lambda\end{vmatrix}=(\cos\theta-\lambda)(-\cos\theta-\lambda)-\sin^2\theta=\lambda^2-1=0. This gives us two eigenvalues \lambda_1 = 1, \lambda_2=-1.
For \lambda_1=1, the eigenvector can be \mathbf{u}=(\sin\theta, 1-\cos\theta). For \lambda_2=-1, the eigenvector can be \mathbf{v}=(-\sin\theta, 1+\cos\theta). These two vectors \mathbf{u}, \mathbf{v} are perpendicular to each other because their inner product is 0. Now we have two perpendicular directions \mathbf{u} and \mathbf{v}. On one hand, because the vector \mathbf{u} is correspondent to the eigenvalue 1, S preserves all the vectors who have the same direction as \mathbf{u}. On the other hand, because the vector \mathbf{v} is correspondent to the eigenvalue -1, S reverses the direction of all the vectors who have the same direction as \mathbf{v}. Therefore S is a reflection across the line through the origin with direction \mathbf{u}. Since the composition of two same reflections does nothing, the linear transformation T that sends x to B^2x is an identity map. Also it is easy to check B^2 is indeed an identity matrix.