| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $839M | $831M | $850M | 1.0% | -1.3% |
| Op. Income | -$39M | $22M | $126M | -276.7% | -130.6% |
| Gross Margin | 22.6% | 29.2% | 40.5% | -6.6pp | -17.9pp |
| Net Margin | -4.9% | -0.5% | 7.2% | -4.4pp | -12.1pp |
| EPS (Diluted) | $-0.16 | $-0.02 | $0.25 | -836.2% | -164.7% |
| Free Cash Flow | -$89M | -$139M | -$83M | 35.8% | -8.0% |
| Item | Amount |
|---|---|
| REVENUE | $839M |
| Cost of Revenue | $649M |
| GROSS PROFIT | $190M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $226M |
| Operating Expenses | $229M |
| Cost & Expenses | $878M |
| OPERATING INCOME | -$39M |
| Interest Income | $0 |
| Interest Expense | $110M |
| Other Income/Expenses | -$69M |
| INCOME BEFORE TAX | -$108M |
| Income Tax Expense | -$67M |
| Net Income from Continuing Ops | -$41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$51M |
| D&A | $167M |
| EBIT | -$42M |
| EBITDA | $125M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$41M |
| Depreciation & Amortization | $167M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$74M |
| Other Non-Cash Items | $205M |
| Change in Working Capital | $91M |
| OPERATING CASH FLOW | $347M |
| Capital Expenditure | -$436M |
| Acquisitions (Net) | $730.8K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | -$426M |
| Net Debt Issuance | $137M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$82M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $273M |
| FREE CASH FLOW | -$89M |
| Net Change in Cash | $197M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $274M |
| Short-Term Investments | $0 |
| Net Receivables | $530M |
| Inventory | $306M |
| Other Current Assets | $455M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $11.8B |
| Goodwill | $3.3B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.1B |
| Tax Assets | $210M |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $17.5B |
| TOTAL ASSETS | $19.1B |
| Account Payables | $828M |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $734M |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $8.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.0B |
| Other Non-Current Liabilities | $1.8B |
| TOTAL NON-CURRENT LIABILITIES | $10.8B |
| TOTAL LIABILITIES | $13.5B |
| Common Stock | $4.1B |
| Additional Paid-In Capital | $46M |
| Retained Earnings | $689M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.6B |
| Minority Interest | $20M |
| TOTAL EQUITY | $5.6B |
| TOTAL LIABILITIES & EQUITY | $19.1B |
| Total Debt | $9.1B |
| Net Debt | $8.8B |
