| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.8B | $1.5B | 0.1% | 17.4% |
| Op. Income | $172M | $222M | $153M | -22.5% | 12.4% |
| Gross Margin | 18.3% | 20.8% | 21.7% | -2.5pp | -3.4pp |
| Net Margin | 6.7% | 10.1% | 6.1% | -3.4pp | 0.6pp |
| EPS (Diluted) | $1.75 | $2.62 | $1.36 | -33.2% | 28.7% |
| Free Cash Flow | $44M | $55M | $193M | -20.0% | -77.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $323M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $151M |
| Operating Expenses | $151M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $172M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $153M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $119M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $118M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $118M |
| D&A | $52M |
| EBIT | $173M |
| EBITDA | $225M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $323M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $151M |
| Operating Expenses | $151M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $172M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $153M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $119M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $118M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $118M |
| D&A | $52M |
| EBIT | $173M |
| EBITDA | $225M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $118M |
| Depreciation & Amortization | $52M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $39M |
| Change in Working Capital | -$83M |
| OPERATING CASH FLOW | $130M |
| Capital Expenditure | -$86M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$81M |
| Net Debt Issuance | -$404M |
| Common Stock Repurchased | -$44M |
| Common Dividends Paid | -$52M |
| Other Financing Activities | $358M |
| NET CASH FROM FINANCING | -$142M |
| FREE CASH FLOW | $44M |
| Net Change in Cash | -$108M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $434M |
| Short-Term Investments | $4M |
| Net Receivables | $1.1B |
| Inventory | $1.1B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $2.6B |
| Goodwill | $916M |
| Intangible Assets | $424M |
| Long-Term Investments | $0 |
| Tax Assets | $17M |
| Other Non-Current Assets | $336M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $7.0B |
| Account Payables | $0 |
| Short-Term Debt | $398M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $200M |
| Other Non-Current Liabilities | $226M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $3.9B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$877M |
| Other Equity | $32M |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $87M |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $7.0B |
| Total Debt | $2.3B |
| Net Debt | $1.9B |
