| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.1B | $1.2B | 31.7% | 11.2% |
| Op. Income | $239M | $80M | $226M | 200.9% | 5.7% |
| Gross Margin | 30.9% | 23.5% | 30.2% | 7.3pp | 0.7pp |
| Net Margin | 11.9% | 5.3% | 13.3% | 6.5pp | -1.5pp |
| EPS (Diluted) | $1.40 | $0.48 | $1.43 | 191.7% | -2.1% |
| Free Cash Flow | $86M | $101M | $114M | -14.8% | -24.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $961M |
| GROSS PROFIT | $429M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $190M |
| Other Expenses | $0 |
| Operating Expenses | $190M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $239M |
| Interest Income | $300.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $217M |
| Income Tax Expense | $52M |
| 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 | $78M |
| EBIT | $229M |
| EBITDA | $307M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $961M |
| GROSS PROFIT | $429M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $190M |
| Other Expenses | $0 |
| Operating Expenses | $190M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $239M |
| Interest Income | $300.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $217M |
| Income Tax Expense | $52M |
| 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 | $78M |
| EBIT | $229M |
| EBITDA | $307M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $165M |
| Depreciation & Amortization | $48M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | $24M |
| Change in Working Capital | -$162M |
| OPERATING CASH FLOW | $106M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$700.0K |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$28M |
| Common Stock Repurchased | -$200.0K |
| Common Dividends Paid | -$67M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$99M |
| FREE CASH FLOW | $86M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $356M |
| Short-Term Investments | $0 |
| Net Receivables | $871M |
| Inventory | $0 |
| Other Current Assets | $152M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $422M |
| Goodwill | $1.7B |
| Intangible Assets | $547M |
| Long-Term Investments | $174M |
| Tax Assets | $0 |
| Other Non-Current Assets | $942M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $182M |
| Short-Term Debt | $0 |
| Deferred Revenue | $189M |
| Other Current Liabilities | $240M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $188M |
| Deferred Tax Liabilities | $157M |
| Other Non-Current Liabilities | $256M |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $2.4B |
| Treasury Stock | -$2.0B |
| Accum. Other Comp. Income | -$24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $2.0B |
| Net Debt | $1.7B |
