| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $240M | $209M | $259M | 14.7% | -7.2% |
| Op. Income | $40M | $59M | $41M | -31.2% | -1.2% |
| Gross Margin | 50.0% | 50.4% | 49.4% | -0.4pp | 0.6pp |
| Net Margin | 13.3% | 23.0% | 11.5% | -9.7pp | 1.7pp |
| EPS (Diluted) | $0.62 | $0.94 | $0.58 | -34.0% | 6.9% |
| Free Cash Flow | $57M | $21M | $59M | 173.4% | -3.4% |
| Item | Amount |
|---|---|
| REVENUE | $240M |
| Cost of Revenue | $120M |
| GROSS PROFIT | $120M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $72M |
| Operating Expenses | $80M |
| Cost & Expenses | $200M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $21M |
| EBIT | $39M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $240M |
| Cost of Revenue | $120M |
| GROSS PROFIT | $120M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $72M |
| Operating Expenses | $80M |
| Cost & Expenses | $200M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $21M |
| EBIT | $39M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $32M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$922.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $66M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$391.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $183.0K |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$154M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$150M |
| FREE CASH FLOW | $57M |
| Net Change in Cash | -$90M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $189M |
| Short-Term Investments | $0 |
| Net Receivables | $147M |
| Inventory | $300M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $668M |
| PP&E (Net) | $240M |
| Goodwill | $216M |
| Intangible Assets | $120M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $70M |
| TOTAL NON-CURRENT ASSETS | $650M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $43M |
| Short-Term Debt | $17M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $99M |
| TOTAL CURRENT LIABILITIES | $194M |
| Long-Term Debt | $293M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $102M |
| TOTAL NON-CURRENT LIABILITIES | $405M |
| TOTAL LIABILITIES | $599M |
| Common Stock | $508.0K |
| Additional Paid-In Capital | $579M |
| Retained Earnings | $169M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$30M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $719M |
| Minority Interest | $0 |
| TOTAL EQUITY | $719M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $310M |
| Net Debt | $121M |
