| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | $2.8B | $2.2B | 5.7% | 38.5% |
| Op. Income | $74M | $5M | -$328M | 1288.8% | 122.7% |
| Gross Margin | 9.9% | 8.1% | -5.3% | 1.8pp | 15.2pp |
| Net Margin | 1.1% | -2.8% | -11.9% | 3.8pp | 13.0pp |
| EPS (Diluted) | $0.13 | $-0.30 | $-1.01 | 143.3% | 112.9% |
| Free Cash Flow | -$94M | $258M | -$68M | -136.5% | -37.6% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $295M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $85M |
| Other Expenses | $136M |
| Operating Expenses | $221M |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $74M |
| Interest Income | $0 |
| Interest Expense | $112M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $7M |
| 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 | $136M |
| EBIT | $151M |
| EBITDA | $288M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $295M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $85M |
| Other Expenses | $136M |
| Operating Expenses | $221M |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $74M |
| Interest Income | $0 |
| Interest Expense | $112M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $7M |
| 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 | $136M |
| EBIT | $151M |
| EBITDA | $288M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $136M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$92M |
| Change in Working Capital | -$87M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$106M |
| Acquisitions (Net) | -$226M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$327M |
| Net Debt Issuance | -$544M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$28M |
| Other Financing Activities | -$38M |
| NET CASH FROM FINANCING | -$603M |
| FREE CASH FLOW | -$94M |
| Net Change in Cash | -$917M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $483M |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $403M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $2.6B |
| Goodwill | $5.5B |
| Intangible Assets | $2.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $11.4B |
| TOTAL ASSETS | $14.1B |
| Account Payables | $676M |
| Short-Term Debt | $74M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $7.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.1B |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $9.0B |
| TOTAL LIABILITIES | $11.4B |
| Common Stock | $3M |
| Additional Paid-In Capital | $3.5B |
| Retained Earnings | $320M |
| Treasury Stock | -$923M |
| Accum. Other Comp. Income | -$220M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $10M |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $14.1B |
| Total Debt | $8.1B |
| Net Debt | $7.6B |
