| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $616M | $587M | $478M | 5.0% | 29.0% |
| Op. Income | $69M | $71M | $59M | -3.5% | 16.9% |
| Gross Margin | 39.7% | 40.7% | 42.6% | -1.0pp | -2.9pp |
| Net Margin | 5.8% | 13.8% | 7.5% | -8.0pp | -1.7pp |
| EPS (Diluted) | $0.15 | $0.33 | $0.15 | -54.5% | 0.0% |
| Free Cash Flow | $81M | $72M | $63M | 13.0% | 28.6% |
| Item | Amount |
|---|---|
| REVENUE | $616M |
| Cost of Revenue | $372M |
| GROSS PROFIT | $245M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $164M |
| Other Expenses | $0 |
| Operating Expenses | $176M |
| Cost & Expenses | $548M |
| OPERATING INCOME | $69M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $42M |
| EBIT | $69M |
| EBITDA | $110M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $616M |
| Cost of Revenue | $372M |
| GROSS PROFIT | $245M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $164M |
| Other Expenses | $0 |
| Operating Expenses | $176M |
| Cost & Expenses | $548M |
| OPERATING INCOME | $69M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $42M |
| EBIT | $69M |
| EBITDA | $110M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $91M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$486M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$501M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $391M |
| NET CASH FROM FINANCING | $374M |
| FREE CASH FLOW | $81M |
| Net Change in Cash | -$39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $279M |
| Short-Term Investments | $0 |
| Net Receivables | $507M |
| Inventory | $316M |
| Other Current Assets | $78M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $271M |
| Goodwill | $2.5B |
| Intangible Assets | $994M |
| Long-Term Investments | -$164M |
| Tax Assets | $164M |
| Other Non-Current Assets | $172M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $165M |
| Short-Term Debt | $13M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $243M |
| TOTAL CURRENT LIABILITIES | $421M |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $164M |
| Other Non-Current Liabilities | $185M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | -$1.3B |
| Treasury Stock | -$141M |
| Accum. Other Comp. Income | -$226M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $36M |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $1.9B |
| Net Debt | $1.6B |
