| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | $3.0B | $2.6B | -7.5% | 8.5% |
| Op. Income | $449M | $531M | $365M | -15.5% | 23.1% |
| Gross Margin | 27.4% | 29.7% | 26.8% | -2.3pp | 0.6pp |
| Net Margin | 10.2% | 12.7% | 8.0% | -2.5pp | 2.2pp |
| EPS (Diluted) | $0.58 | $0.77 | $0.42 | -24.7% | 38.1% |
| Free Cash Flow | $414M | $120M | $397M | 243.8% | 4.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $758M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $310M |
| SG&A Expenses | $310M |
| Other Expenses | $0 |
| Operating Expenses | $310M |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $449M |
| Interest Income | $400.0K |
| Interest Expense | $101M |
| Other Income/Expenses | -$65M |
| INCOME BEFORE TAX | $383M |
| Income Tax Expense | $102M |
| Net Income from Continuing Ops | $282M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $281M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $281M |
| D&A | $97M |
| EBIT | $463M |
| EBITDA | $559M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $758M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $310M |
| SG&A Expenses | $310M |
| Other Expenses | $0 |
| Operating Expenses | $310M |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $449M |
| Interest Income | $400.0K |
| Interest Expense | $101M |
| Other Income/Expenses | -$65M |
| INCOME BEFORE TAX | $383M |
| Income Tax Expense | $102M |
| Net Income from Continuing Ops | $282M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $281M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $281M |
| D&A | $97M |
| EBIT | $463M |
| EBITDA | $559M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $282M |
| Depreciation & Amortization | $97M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$46M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $191M |
| OPERATING CASH FLOW | $529M |
| Capital Expenditure | -$115M |
| Acquisitions (Net) | $104M |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $100.0K |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$430M |
| Common Stock Repurchased | -$298M |
| Common Dividends Paid | -$134M |
| Other Financing Activities | $359M |
| NET CASH FROM FINANCING | -$504M |
| FREE CASH FLOW | $414M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $81M |
| Short-Term Investments | $0 |
| Net Receivables | $841M |
| Inventory | $1.6B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $2.5B |
| Goodwill | $11.4B |
| Intangible Assets | $4.3B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $19.5B |
| TOTAL ASSETS | $22.1B |
| Account Payables | $1.4B |
| Short-Term Debt | $949M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $8.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.2B |
| TOTAL NON-CURRENT LIABILITIES | $10.5B |
| TOTAL LIABILITIES | $13.8B |
| Common Stock | $2.9B |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $6.1B |
| Treasury Stock | -$3.0B |
| Accum. Other Comp. Income | -$86M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.3B |
| Minority Interest | $78M |
| TOTAL EQUITY | $8.3B |
| TOTAL LIABILITIES & EQUITY | $22.1B |
| Total Debt | $9.2B |
| Net Debt | $9.1B |
