| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $608M | $647M | $477M | -6.0% | 27.5% |
| Op. Income | $42M | $86M | $24M | -50.7% | 75.1% |
| Gross Margin | 33.3% | 35.6% | 31.7% | -2.3pp | 1.6pp |
| Net Margin | 4.0% | 10.0% | 4.3% | -6.0pp | -0.3pp |
| EPS (Diluted) | $0.43 | $1.15 | $0.36 | -62.6% | 19.4% |
| Free Cash Flow | -$103M | $24M | $11M | -530.0% | -1015.2% |
| Item | Amount |
|---|---|
| REVENUE | $608M |
| Cost of Revenue | $405M |
| GROSS PROFIT | $202M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $160M |
| Other Expenses | $0 |
| Operating Expenses | $160M |
| Cost & Expenses | $565M |
| OPERATING INCOME | $42M |
| Interest Income | $0 |
| Interest Expense | $924.0K |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $23M |
| EBIT | $42M |
| EBITDA | $66M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $608M |
| Cost of Revenue | $405M |
| GROSS PROFIT | $202M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $160M |
| Other Expenses | $0 |
| Operating Expenses | $160M |
| Cost & Expenses | $565M |
| OPERATING INCOME | $42M |
| Interest Income | $0 |
| Interest Expense | $924.0K |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $23M |
| EBIT | $42M |
| EBITDA | $66M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $176.0K |
| Change in Working Capital | -$80M |
| OPERATING CASH FLOW | -$24M |
| Capital Expenditure | -$79M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$34M |
| Sales/Maturities of Investments | $97M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$179.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $9.0K |
| NET CASH FROM FINANCING | -$170.0K |
| FREE CASH FLOW | -$103M |
| Net Change in Cash | -$39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $87M |
| Short-Term Investments | $225M |
| Net Receivables | $24M |
| Inventory | $521M |
| Other Current Assets | $53M |
| TOTAL CURRENT ASSETS | $934M |
| PP&E (Net) | $1.9B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $254M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $614M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $37M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $560.0K |
| Additional Paid-In Capital | $334M |
| Retained Earnings | $699M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $1.3B |
| Net Debt | $1.2B |
