| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $739M | $737M | $617M | 0.2% | 19.8% |
| Op. Income | $132M | $147M | $88M | -10.0% | 49.4% |
| Gross Margin | 36.8% | 36.5% | 35.8% | 0.3pp | 1.1pp |
| Net Margin | 9.3% | 11.8% | 7.4% | -2.5pp | 1.9pp |
| EPS (Diluted) | $0.15 | $0.20 | $0.10 | -25.0% | 50.0% |
| Free Cash Flow | $229M | $210M | $104M | 9.2% | 121.3% |
| Item | Amount |
|---|---|
| REVENUE | $739M |
| Cost of Revenue | $467M |
| GROSS PROFIT | $272M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $95M |
| SG&A Expenses | $95M |
| Other Expenses | $36M |
| Operating Expenses | $140M |
| Cost & Expenses | $607M |
| OPERATING INCOME | $132M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $118M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $34M |
| EBIT | $132M |
| EBITDA | $166M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $739M |
| Cost of Revenue | $467M |
| GROSS PROFIT | $272M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $95M |
| SG&A Expenses | $95M |
| Other Expenses | $36M |
| Operating Expenses | $140M |
| Cost & Expenses | $607M |
| OPERATING INCOME | $132M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $118M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $34M |
| EBIT | $132M |
| EBITDA | $166M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $69M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $22M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | $115M |
| OPERATING CASH FLOW | $262M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$25M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$60M |
| Net Debt Issuance | -$200.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$200.0K |
| FREE CASH FLOW | $229M |
| Net Change in Cash | $204M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $602M |
| Short-Term Investments | $0 |
| Net Receivables | $272M |
| Inventory | $230M |
| Other Current Assets | $89M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $1.4B |
| Goodwill | $220M |
| Intangible Assets | $183M |
| Long-Term Investments | $0 |
| Tax Assets | $1.3B |
| Other Non-Current Assets | $73M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $333M |
| Short-Term Debt | $396M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $157M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $882M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $90M |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $231M |
| Additional Paid-In Capital | $219M |
| Retained Earnings | $824M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $1.3B |
| Net Debt | $735M |
