| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $579M | $571M | $481M | 1.4% | 20.5% |
| Op. Income | $139M | $139M | $107M | 0.3% | 30.5% |
| Gross Margin | 45.6% | 46.4% | 47.0% | -0.9pp | -1.4pp |
| Net Margin | 20.3% | 15.5% | 16.5% | 4.7pp | 3.8pp |
| EPS (Diluted) | $0.86 | $0.65 | $0.58 | 32.3% | 48.3% |
| Free Cash Flow | $101M | $40M | $69M | 151.0% | 46.8% |
| Item | Amount |
|---|---|
| REVENUE | $579M |
| Cost of Revenue | $315M |
| GROSS PROFIT | $264M |
| R&D Expenses | $42M |
| Selling & Marketing | $0 |
| General & Administrative | $71M |
| SG&A Expenses | $71M |
| Other Expenses | $12M |
| Operating Expenses | $125M |
| Cost & Expenses | $440M |
| OPERATING INCOME | $139M |
| Interest Income | $56.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $128M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $117M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $117M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $117M |
| D&A | $35M |
| EBIT | $137M |
| EBITDA | $172M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $579M |
| Cost of Revenue | $315M |
| GROSS PROFIT | $264M |
| R&D Expenses | $42M |
| Selling & Marketing | $0 |
| General & Administrative | $71M |
| SG&A Expenses | $71M |
| Other Expenses | $12M |
| Operating Expenses | $125M |
| Cost & Expenses | $440M |
| OPERATING INCOME | $139M |
| Interest Income | $56.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $128M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $117M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $117M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $117M |
| D&A | $35M |
| EBIT | $137M |
| EBITDA | $172M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $117M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $150M |
| Capital Expenditure | -$49M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$45M |
| Net Debt Issuance | -$19M |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $19M |
| NET CASH FROM FINANCING | -$31M |
| FREE CASH FLOW | $101M |
| Net Change in Cash | $75M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $476M |
| Short-Term Investments | $0 |
| Net Receivables | $315M |
| Inventory | $429M |
| Other Current Assets | $56M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $655M |
| Goodwill | $750M |
| Intangible Assets | $302M |
| Long-Term Investments | $0 |
| Tax Assets | $18M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $121M |
| Short-Term Debt | $9M |
| Deferred Revenue | $17M |
| Other Current Liabilities | $65M |
| TOTAL CURRENT LIABILITIES | $309M |
| Long-Term Debt | $937M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $67M |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $867M |
| Retained Earnings | $789M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | -$39M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $998M |
| Net Debt | $522M |
