| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $932M | $1.0B | $999M | -8.5% | -6.7% |
| Op. Income | -$3M | $135M | $147M | -102.5% | -102.3% |
| Gross Margin | 8.7% | 20.7% | 22.3% | -12.0pp | -13.6pp |
| Net Margin | 0.1% | 10.7% | 11.9% | -10.6pp | -11.8pp |
| EPS (Diluted) | $0.02 | $1.97 | $2.15 | -99.0% | -99.1% |
| Free Cash Flow | $99M | $133M | $174M | -25.4% | -43.0% |
| Item | Amount |
|---|---|
| REVENUE | $932M |
| Cost of Revenue | $851M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $85M |
| Operating Expenses | $85M |
| Cost & Expenses | $936M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $20M |
| EBIT | $886.0K |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $36.0K |
| Deferred Income Tax | $44M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $47M |
| OPERATING CASH FLOW | $111M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$730M |
| Sales/Maturities of Investments | $608M |
| Other Investing Activities | $21M |
| NET CASH FROM INVESTING | -$112M |
| Net Debt Issuance | -$377.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$35M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | $99M |
| Net Change in Cash | -$37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $342M |
| Short-Term Investments | $194M |
| Net Receivables | $715M |
| Inventory | $0 |
| Other Current Assets | -$1.3B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $220M |
| Goodwill | $43M |
| Intangible Assets | $11M |
| Long-Term Investments | $5.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$5.3B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $6.8B |
| Account Payables | $182M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$182M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $373M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $40M |
| Other Non-Current Liabilities | -$449M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $99M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $410M |
| Net Debt | $68M |
