| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $313M | $347M | $326M | -9.9% | -4.0% |
| Op. Income | $19M | $58M | $45M | -67.3% | -57.9% |
| Gross Margin | 23.4% | 36.1% | 30.3% | -12.7pp | -6.9pp |
| Net Margin | 5.2% | 13.5% | 11.2% | -8.2pp | -6.0pp |
| EPS (Diluted) | $0.39 | $1.13 | $0.88 | -65.5% | -55.7% |
| Free Cash Flow | $62M | -$25M | $102M | 342.1% | -39.8% |
| Item | Amount |
|---|---|
| REVENUE | $313M |
| Cost of Revenue | $240M |
| GROSS PROFIT | $73M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $54M |
| Operating Expenses | $54M |
| Cost & Expenses | $294M |
| OPERATING INCOME | $19M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $6M |
| EBIT | $22M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $313M |
| Cost of Revenue | $240M |
| GROSS PROFIT | $73M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $54M |
| Operating Expenses | $54M |
| Cost & Expenses | $294M |
| OPERATING INCOME | $19M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $6M |
| EBIT | $22M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $37M |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$33M |
| Purchases of Investments | -$365M |
| Sales/Maturities of Investments | $389M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$227M |
| Common Stock Repurchased | -$200.0K |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $197M |
| NET CASH FROM FINANCING | -$43M |
| FREE CASH FLOW | $62M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $6.8B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | -$6.8B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $44M |
| Intangible Assets | $149M |
| Long-Term Investments | $7.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$7.7B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $14.3B |
| Account Payables | $0 |
| Short-Term Debt | $135M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$135M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $254M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$254M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $12.5B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $493M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$490M |
| Accum. Other Comp. Income | $296M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $14.3B |
| Total Debt | $389M |
| Net Debt | $350M |
