| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $958M | $944M | $995M | 1.6% | -3.7% |
| Op. Income | $39M | $13M | $24M | 200.0% | 62.6% |
| Gross Margin | 27.1% | 26.7% | 28.5% | 0.4pp | -1.4pp |
| Net Margin | -0.2% | -3.2% | -10.2% | 3.0pp | 10.0pp |
| EPS (Diluted) | $-0.03 | $-0.39 | $-1.31 | 92.3% | 97.7% |
| Free Cash Flow | -$153M | -$82M | -$42M | -85.9% | -262.1% |
| Item | Amount |
|---|---|
| REVENUE | $958M |
| Cost of Revenue | $698M |
| GROSS PROFIT | $260M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $196M |
| Other Expenses | $300.0K |
| Operating Expenses | $221M |
| Cost & Expenses | $920M |
| OPERATING INCOME | $39M |
| Interest Income | $1M |
| Interest Expense | $51M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$1M |
| 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 | $36M |
| EBIT | $49M |
| EBITDA | $85M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$174M |
| OPERATING CASH FLOW | -$148M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$52M |
| Sales/Maturities of Investments | $45M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | $161M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$800.0K |
| NET CASH FROM FINANCING | $160M |
| FREE CASH FLOW | -$153M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $216M |
| Short-Term Investments | $14M |
| Net Receivables | $671M |
| Inventory | $625M |
| Other Current Assets | $343M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $145M |
| Goodwill | $761M |
| Intangible Assets | $371M |
| Long-Term Investments | $7M |
| Tax Assets | $104M |
| Other Non-Current Assets | $278M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $573M |
| Short-Term Debt | $49M |
| Deferred Revenue | $246M |
| Other Current Liabilities | $691M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $85M |
| Other Non-Current Liabilities | $358M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $118M |
| Additional Paid-In Capital | $818M |
| Retained Earnings | -$783M |
| Treasury Stock | -$582M |
| Accum. Other Comp. Income | -$444M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$872M |
| Minority Interest | $9M |
| TOTAL EQUITY | -$864M |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $2.5B |
| Net Debt | $2.3B |
