| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $391M | $473M | $457M | -17.3% | -14.4% |
| Op. Income | $11M | $35M | $50M | -69.0% | -78.4% |
| Gross Margin | 25.9% | 27.6% | 28.0% | -1.6pp | -2.1pp |
| Net Margin | 0.5% | 5.9% | 8.0% | -5.4pp | -7.5pp |
| EPS (Diluted) | $0.02 | $0.28 | $0.40 | -92.9% | -95.0% |
| Free Cash Flow | -$37M | $29M | $23M | -229.0% | -263.9% |
| Item | Amount |
|---|---|
| REVENUE | $391M |
| Cost of Revenue | $290M |
| GROSS PROFIT | $101M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $76M |
| Other Expenses | $0 |
| Operating Expenses | $91M |
| Cost & Expenses | $380M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $374.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $11M |
| EBIT | $9M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $391M |
| Cost of Revenue | $290M |
| GROSS PROFIT | $101M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $76M |
| Other Expenses | $0 |
| Operating Expenses | $91M |
| Cost & Expenses | $380M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $374.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $11M |
| EBIT | $9M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$57M |
| OPERATING CASH FLOW | -$34M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$325.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$274M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $248M |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | -$37M |
| Net Change in Cash | -$62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $72M |
| Short-Term Investments | $0 |
| Net Receivables | $252M |
| Inventory | $332M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $708M |
| PP&E (Net) | $69M |
| Goodwill | $314M |
| Intangible Assets | $234M |
| Long-Term Investments | $231.0K |
| Tax Assets | $11M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $634M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $248M |
| Short-Term Debt | $5M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $151M |
| TOTAL CURRENT LIABILITIES | $476M |
| Long-Term Debt | $244M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $30M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $329M |
| TOTAL LIABILITIES | $805M |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $464M |
| Retained Earnings | $73M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$52.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $537M |
| Minority Interest | $0 |
| TOTAL EQUITY | $537M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $310M |
| Net Debt | $238M |
