| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $416M | $398M | $436M | 4.4% | -4.7% |
| Op. Income | $12M | $15M | $36M | -19.5% | -67.6% |
| Gross Margin | 12.2% | 15.5% | 16.2% | -3.3pp | -4.0pp |
| Net Margin | 2.3% | 2.4% | 6.3% | -0.1pp | -4.0pp |
| EPS (Diluted) | $0.13 | $0.13 | $0.37 | 0.0% | -64.9% |
| Free Cash Flow | -$25M | $24M | $48M | -204.7% | -152.6% |
| Item | Amount |
|---|---|
| REVENUE | $416M |
| Cost of Revenue | $365M |
| GROSS PROFIT | $51M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $39M |
| Cost & Expenses | $404M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $329.0K |
| Other Income/Expenses | $349.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $4M |
| EBIT | $12M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $416M |
| Cost of Revenue | $365M |
| GROSS PROFIT | $51M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $39M |
| Cost & Expenses | $404M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $329.0K |
| Other Income/Expenses | $349.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $4M |
| EBIT | $12M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $198.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$44M |
| OPERATING CASH FLOW | -$23M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $337.0K |
| Other Investing Activities | $117.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | $483.0K |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | -$25M |
| Net Change in Cash | -$45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80M |
| Short-Term Investments | $126M |
| Net Receivables | $290M |
| Inventory | $27M |
| Other Current Assets | $44M |
| TOTAL CURRENT ASSETS | $566M |
| PP&E (Net) | $28M |
| Goodwill | $66M |
| Intangible Assets | $17M |
| Long-Term Investments | $31M |
| Tax Assets | $36M |
| Other Non-Current Assets | $51M |
| TOTAL NON-CURRENT ASSETS | $228M |
| TOTAL ASSETS | $794M |
| Account Payables | $50M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $61M |
| TOTAL CURRENT LIABILITIES | $154M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $148M |
| TOTAL NON-CURRENT LIABILITIES | $160M |
| TOTAL LIABILITIES | $313M |
| Common Stock | $760.0K |
| Additional Paid-In Capital | $292M |
| Retained Earnings | $198M |
| Treasury Stock | -$14M |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $480M |
| Minority Interest | $0 |
| TOTAL EQUITY | $480M |
| TOTAL LIABILITIES & EQUITY | $794M |
| Total Debt | $12M |
| Net Debt | -$68M |
