| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $944M | $944M | $891M | -0.0% | 6.0% |
| Op. Income | $13M | $36M | $21M | -64.4% | -37.1% |
| Gross Margin | 26.7% | 28.9% | 27.8% | -2.2pp | -1.1pp |
| Net Margin | -3.2% | -0.9% | -2.7% | -2.4pp | -0.6pp |
| EPS (Diluted) | $-0.39 | $-0.10 | $-0.31 | -290.0% | -25.8% |
| Free Cash Flow | -$82M | -$68M | -$94M | -21.4% | 12.6% |
| Item | Amount |
|---|---|
| REVENUE | $944M |
| Cost of Revenue | $692M |
| GROSS PROFIT | $252M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $205M |
| Other Expenses | -$1M |
| Operating Expenses | $239M |
| Cost & Expenses | $931M |
| OPERATING INCOME | $13M |
| Interest Income | $2M |
| Interest Expense | $50M |
| Other Income/Expenses | -$54M |
| INCOME BEFORE TAX | -$42M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | -$30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$30M |
| D&A | $39M |
| EBIT | $9M |
| EBITDA | $47M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$30M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$89M |
| OPERATING CASH FLOW | -$79M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $8M |
| Purchases of Investments | -$53M |
| Sales/Maturities of Investments | $68M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $14M |
| Net Debt Issuance | $55M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$500.0K |
| NET CASH FROM FINANCING | $54M |
| FREE CASH FLOW | -$82M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $224M |
| Short-Term Investments | $8M |
| Net Receivables | $639M |
| Inventory | $588M |
| Other Current Assets | $309M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $154M |
| Goodwill | $779M |
| Intangible Assets | $396M |
| Long-Term Investments | $7M |
| Tax Assets | $103M |
| Other Non-Current Assets | $280M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $562M |
| Short-Term Debt | $33M |
| Deferred Revenue | $299M |
| Other Current Liabilities | $698M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $103M |
| Other Non-Current Liabilities | $364M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $118M |
| Additional Paid-In Capital | $814M |
| Retained Earnings | -$781M |
| Treasury Stock | -$582M |
| Accum. Other Comp. Income | -$421M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$851M |
| Minority Interest | $9M |
| TOTAL EQUITY | -$843M |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $2.4B |
| Net Debt | $2.1B |
