| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.7B | $3.3B | $2.4B | -16.1% | 13.9% |
| Op. Income | $420M | $664M | $246M | -36.7% | 70.6% |
| Gross Margin | 38.5% | 39.9% | 34.9% | -1.5pp | 3.5pp |
| Net Margin | 11.5% | 15.1% | 7.3% | -3.6pp | 4.2pp |
| EPS (Diluted) | $2.78 | $4.53 | $1.84 | -38.6% | 51.1% |
| Free Cash Flow | -$88M | $487M | -$21M | -118.0% | -309.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $632M |
| Other Expenses | $5M |
| Operating Expenses | $637M |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $420M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $408M |
| Income Tax Expense | $91M |
| Net Income from Continuing Ops | $317M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $317M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $317M |
| D&A | $80M |
| EBIT | $422M |
| EBITDA | $501M |
| EPS | $4 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $632M |
| Other Expenses | $5M |
| Operating Expenses | $637M |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $420M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $408M |
| Income Tax Expense | $91M |
| Net Income from Continuing Ops | $317M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $317M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $317M |
| D&A | $80M |
| EBIT | $422M |
| EBITDA | $501M |
| EPS | $4 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $317M |
| Depreciation & Amortization | $80M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$434M |
| OPERATING CASH FLOW | -$24M |
| Capital Expenditure | -$63M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$63M |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | -$273M |
| Common Dividends Paid | -$28M |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$776M |
| FREE CASH FLOW | -$88M |
| Net Change in Cash | -$864M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $0 |
| Net Receivables | $90M |
| Inventory | $2.5B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.0B |
| PP&E (Net) | $3.4B |
| Goodwill | $246M |
| Intangible Assets | $87M |
| Long-Term Investments | $0 |
| Tax Assets | $43M |
| Other Non-Current Assets | $192M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $8.0B |
| Account Payables | $1.4B |
| Short-Term Debt | $0 |
| Deferred Revenue | $239M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $441M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $223M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $5.5B |
| Common Stock | $823.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $3.6B |
| Treasury Stock | -$2.6B |
| Accum. Other Comp. Income | $9.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $8.0B |
| Total Debt | $3.1B |
| Net Debt | $1.7B |
