| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.2B | $2.3B | 4.8% | 1.0% |
| Op. Income | $105M | $118M | $216M | -11.0% | -51.4% |
| Gross Margin | 14.2% | 14.4% | 18.8% | -0.3pp | -4.7pp |
| Net Margin | 6.3% | 5.8% | 9.6% | 0.5pp | -3.3pp |
| EPS (Diluted) | $3.65 | $3.20 | $5.45 | 14.1% | -33.0% |
| Free Cash Flow | $268M | $22M | $152M | 1118.2% | 76.3% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $331M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $226M |
| SG&A Expenses | $226M |
| Other Expenses | $0 |
| Operating Expenses | $226M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $105M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | $36M |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $147M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $147M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $147M |
| D&A | $74M |
| EBIT | $165M |
| EBITDA | $239M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $331M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $226M |
| SG&A Expenses | $226M |
| Other Expenses | $0 |
| Operating Expenses | $226M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $105M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | $36M |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $147M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $147M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $147M |
| D&A | $74M |
| EBIT | $165M |
| EBITDA | $239M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $147M |
| Depreciation & Amortization | $74M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $43M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $76M |
| OPERATING CASH FLOW | $350M |
| Capital Expenditure | -$82M |
| Acquisitions (Net) | -$1.6B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | -$1.7B |
| Net Debt Issuance | $1.6B |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | -$46M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1.6B |
| FREE CASH FLOW | $268M |
| Net Change in Cash | $207M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $555M |
| Short-Term Investments | $0 |
| Net Receivables | $2.0B |
| Inventory | $143M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $3.3B |
| Goodwill | $2.7B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $0 |
| Tax Assets | $10M |
| Other Non-Current Assets | $436M |
| TOTAL NON-CURRENT ASSETS | $7.6B |
| TOTAL ASSETS | $10.4B |
| Account Payables | $508M |
| Short-Term Debt | $0 |
| Deferred Revenue | $674M |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $154M |
| Other Non-Current Liabilities | $2.1B |
| TOTAL NON-CURRENT LIABILITIES | $5.8B |
| TOTAL LIABILITIES | $8.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $3.8B |
| Treasury Stock | -$2.1B |
| Accum. Other Comp. Income | -$1.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $10.4B |
| Total Debt | $3.5B |
| Net Debt | $3.0B |
