| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $376M | $384M | $360M | -2.2% | 4.4% |
| Op. Income | $19M | $31M | $19M | -37.9% | 4.3% |
| Gross Margin | 44.4% | 46.3% | 45.4% | -1.9pp | -1.0pp |
| Net Margin | 2.0% | 4.2% | 2.0% | -2.3pp | -0.0pp |
| EPS (Diluted) | $0.22 | $0.48 | $0.22 | -54.2% | 0.0% |
| Free Cash Flow | -$44M | $62M | -$40M | -170.2% | -9.3% |
| Item | Amount |
|---|---|
| REVENUE | $376M |
| Cost of Revenue | $209M |
| GROSS PROFIT | $167M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $137M |
| Other Expenses | $171.0K |
| Operating Expenses | $147M |
| Cost & Expenses | $356M |
| OPERATING INCOME | $19M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $10M |
| EBIT | $19M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $376M |
| Cost of Revenue | $209M |
| GROSS PROFIT | $167M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $137M |
| Other Expenses | $171.0K |
| Operating Expenses | $147M |
| Cost & Expenses | $356M |
| OPERATING INCOME | $19M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $10M |
| EBIT | $19M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $34.0K |
| Other Non-Cash Items | -$390.0K |
| Change in Working Capital | -$56M |
| OPERATING CASH FLOW | -$37M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $42M |
| Common Stock Repurchased | -$14.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$229.0K |
| NET CASH FROM FINANCING | $41M |
| FREE CASH FLOW | -$44M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $0 |
| Net Receivables | $44M |
| Inventory | $480M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $605M |
| PP&E (Net) | $166M |
| Goodwill | $107M |
| Intangible Assets | $257M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $535M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $185M |
| Short-Term Debt | $19M |
| Deferred Revenue | $45M |
| Other Current Liabilities | $137M |
| TOTAL CURRENT LIABILITIES | $347M |
| Long-Term Debt | $307M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $47M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $394M |
| TOTAL LIABILITIES | $741M |
| Common Stock | $330.0K |
| Additional Paid-In Capital | $372M |
| Retained Earnings | $37M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $399M |
| Minority Interest | $0 |
| TOTAL EQUITY | $399M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $361M |
| Net Debt | $323M |
