| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.3B | $5.1B | $4.8B | 3.0% | 11.4% |
| Op. Income | $386M | $370M | $318M | 4.5% | 21.6% |
| Gross Margin | 17.3% | 17.2% | 17.4% | 0.1pp | -0.1pp |
| Net Margin | 5.0% | 5.3% | 4.1% | -0.3pp | 1.0pp |
| EPS (Diluted) | $1.91 | $1.93 | $1.33 | -1.0% | 43.6% |
| Free Cash Flow | $264M | -$18M | $189M | 1609.1% | 39.7% |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $4.4B |
| GROSS PROFIT | $915M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $529M |
| Other Expenses | $0 |
| Operating Expenses | $529M |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $386M |
| Interest Income | $0 |
| Interest Expense | $36M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $350M |
| Income Tax Expense | $84M |
| Net Income from Continuing Ops | $267M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $267M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $267M |
| D&A | $48M |
| EBIT | $387M |
| EBITDA | $435M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $4.4B |
| GROSS PROFIT | $915M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $529M |
| Other Expenses | $0 |
| Operating Expenses | $529M |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $386M |
| Interest Income | $0 |
| Interest Expense | $36M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $350M |
| Income Tax Expense | $84M |
| Net Income from Continuing Ops | $267M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $267M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $267M |
| D&A | $48M |
| EBIT | $387M |
| EBITDA | $435M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $267M |
| Depreciation & Amortization | $48M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | $292M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | -$128M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$156M |
| Net Debt Issuance | $109M |
| Common Stock Repurchased | -$450M |
| Common Dividends Paid | -$55M |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | -$389M |
| FREE CASH FLOW | $264M |
| Net Change in Cash | -$256M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $245M |
| Short-Term Investments | $0 |
| Net Receivables | $4.0B |
| Inventory | $844M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.3B |
| PP&E (Net) | $302M |
| Goodwill | $2.8B |
| Intangible Assets | $503M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $110M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $9.0B |
| Account Payables | $2.3B |
| Short-Term Debt | $312M |
| Deferred Revenue | $304M |
| Other Current Liabilities | $665M |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $4.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $30M |
| Other Non-Current Liabilities | $115M |
| TOTAL NON-CURRENT LIABILITIES | $4.3B |
| TOTAL LIABILITIES | $8.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | -$2.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$98M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $837M |
| Minority Interest | $0 |
| TOTAL EQUITY | $837M |
| TOTAL LIABILITIES & EQUITY | $9.0B |
| Total Debt | $4.5B |
| Net Debt | $4.3B |
