| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.0B | $1.0B | 1.2% | -0.3% |
| Op. Income | $129M | $128M | $28M | 0.8% | 360.7% |
| Gross Margin | 25.2% | 24.8% | 14.4% | 0.5pp | 10.8pp |
| Net Margin | 1.1% | 1.2% | -0.7% | -0.1pp | 1.7pp |
| EPS (Diluted) | $0.04 | $0.04 | $-0.03 | 0.0% | 219.4% |
| Free Cash Flow | $25M | $64M | $89M | -60.9% | -71.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $776M |
| GROSS PROFIT | $262M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $131M |
| Operating Expenses | $133M |
| Cost & Expenses | $909M |
| OPERATING INCOME | $129M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$110M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $84M |
| EBIT | $41M |
| EBITDA | $125M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $776M |
| GROSS PROFIT | $262M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $131M |
| Operating Expenses | $133M |
| Cost & Expenses | $909M |
| OPERATING INCOME | $129M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$110M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $84M |
| EBIT | $41M |
| EBITDA | $125M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $84M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$50M |
| OPERATING CASH FLOW | $55M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | -$23M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $394M |
| Short-Term Investments | $0 |
| Net Receivables | $918M |
| Inventory | $0 |
| Other Current Assets | $103M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $516M |
| Goodwill | $1.5B |
| Intangible Assets | $351M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $208M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $169M |
| Short-Term Debt | $21M |
| Deferred Revenue | $111M |
| Other Current Liabilities | $287M |
| TOTAL CURRENT LIABILITIES | $987M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $39M |
| Deferred Tax Liabilities | $111M |
| Other Non-Current Liabilities | $193M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | -$2.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$423M |
| Other Equity | -$142M |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $1.7B |
| Net Debt | $1.3B |
