| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.5B | $5.7B | $5.1B | -3.2% | 8.0% |
| Op. Income | $329M | $409M | $243M | -19.6% | 35.5% |
| Gross Margin | 14.8% | 15.9% | 14.4% | -1.2pp | 0.4pp |
| Net Margin | 4.3% | 5.2% | 3.4% | -1.0pp | 0.9pp |
| EPS (Diluted) | $1.42 | $1.79 | $1.04 | -20.7% | 36.5% |
| Free Cash Flow | -$53M | -$389M | -$70M | 86.3% | 24.1% |
| Item | Amount |
|---|---|
| REVENUE | $5.5B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $808M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $479M |
| Other Expenses | $0 |
| Operating Expenses | $479M |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $329M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $311M |
| Income Tax Expense | $75M |
| Net Income from Continuing Ops | $235M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $235M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $235M |
| D&A | $62M |
| EBIT | $330M |
| EBITDA | $391M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.5B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $808M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $479M |
| Other Expenses | $0 |
| Operating Expenses | $479M |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $329M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $311M |
| Income Tax Expense | $75M |
| Net Income from Continuing Ops | $235M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $235M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $235M |
| D&A | $62M |
| EBIT | $330M |
| EBITDA | $391M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $235M |
| Depreciation & Amortization | $62M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$28M |
| Other Non-Cash Items | $27M |
| Change in Working Capital | -$328M |
| OPERATING CASH FLOW | -$21M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $32M |
| Purchases of Investments | -$143.0K |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$31M |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | -$342M |
| Common Stock Repurchased | -$104M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$448M |
| FREE CASH FLOW | -$53M |
| Net Change in Cash | -$499M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $237M |
| Short-Term Investments | $0 |
| Net Receivables | $169M |
| Inventory | $2.8B |
| Other Current Assets | $551M |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $3.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $159M |
| Other Non-Current Assets | $13.6B |
| TOTAL NON-CURRENT ASSETS | $17.2B |
| TOTAL ASSETS | $20.9B |
| Account Payables | $570M |
| Short-Term Debt | $446M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $14.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $455M |
| TOTAL NON-CURRENT LIABILITIES | $15.4B |
| TOTAL LIABILITIES | $16.8B |
| Common Stock | $82M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $2.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$153M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $20.9B |
| Total Debt | $15.4B |
| Net Debt | $15.2B |
