| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.3B | $5.5B | $4.2B | 13.2% | 48.3% |
| Op. Income | $311M | $261M | $168M | 19.2% | 84.7% |
| Gross Margin | 7.1% | 7.0% | 6.8% | 0.1pp | 0.3pp |
| Net Margin | 3.9% | 3.5% | 3.2% | 0.4pp | 0.7pp |
| EPS (Diluted) | $1.85 | $1.44 | $1.00 | 28.5% | 85.0% |
| Free Cash Flow | -$96M | $133M | -$184M | -172.4% | 47.7% |
| Item | Amount |
|---|---|
| REVENUE | $6.3B |
| Cost of Revenue | $5.8B |
| GROSS PROFIT | $444M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $134M |
| Other Expenses | $0 |
| Operating Expenses | $134M |
| Cost & Expenses | $6.0B |
| OPERATING INCOME | $311M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $294M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $247M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $247M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $247M |
| D&A | $22M |
| EBIT | $311M |
| EBITDA | $333M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $6.3B |
| Cost of Revenue | $5.8B |
| GROSS PROFIT | $444M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $134M |
| Other Expenses | $0 |
| Operating Expenses | $134M |
| Cost & Expenses | $6.0B |
| OPERATING INCOME | $311M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $294M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $247M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $247M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $247M |
| D&A | $22M |
| EBIT | $311M |
| EBITDA | $333M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $247M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $41M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$378M |
| OPERATING CASH FLOW | -$73M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | $359M |
| Common Stock Repurchased | -$166M |
| Common Dividends Paid | -$69M |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $128M |
| FREE CASH FLOW | -$96M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $203M |
| Short-Term Investments | $0 |
| Net Receivables | $4.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $475M |
| Goodwill | $1.5B |
| Intangible Assets | $96M |
| Long-Term Investments | $0 |
| Tax Assets | $26M |
| Other Non-Current Assets | $89M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $6.6B |
| Account Payables | $1.8B |
| Short-Term Debt | $632M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $173M |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $20M |
| Other Non-Current Liabilities | $40M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $13M |
| Additional Paid-In Capital | $637M |
| Retained Earnings | $4.8B |
| Treasury Stock | -$3.4B |
| Accum. Other Comp. Income | -$65M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $6.6B |
| Total Debt | $2.0B |
| Net Debt | $1.8B |
