| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $959M | $901M | 29.6% | 38.0% |
| Op. Income | $145M | $116M | $86M | 25.5% | 68.1% |
| Gross Margin | 22.5% | 23.5% | 19.6% | -1.0pp | 2.9pp |
| Net Margin | 7.6% | 8.4% | 7.2% | -0.8pp | 0.4pp |
| EPS (Diluted) | $1.51 | $1.29 | $1.04 | 17.1% | 45.2% |
| Free Cash Flow | -$42M | $167M | -$23M | -124.9% | -84.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $964M |
| GROSS PROFIT | $280M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $135M |
| Other Expenses | $0 |
| Operating Expenses | $135M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $145M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $128M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $94M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $94M |
| D&A | $23M |
| EBIT | $131M |
| EBITDA | $154M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $964M |
| GROSS PROFIT | $280M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $135M |
| Other Expenses | $0 |
| Operating Expenses | $135M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $145M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $128M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $94M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $94M |
| D&A | $23M |
| EBIT | $131M |
| EBITDA | $154M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $94M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$162M |
| OPERATING CASH FLOW | -$33M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$1.4B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | $1.4B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$17M |
| Other Financing Activities | -$1.0K |
| NET CASH FROM FINANCING | $1.4B |
| FREE CASH FLOW | -$42M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $113M |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $0 |
| Other Current Assets | $64M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $255M |
| Goodwill | $1.8B |
| Intangible Assets | $938M |
| Long-Term Investments | $0 |
| Tax Assets | $506.0K |
| Other Non-Current Assets | $112M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $421M |
| Short-Term Debt | $143M |
| Deferred Revenue | $69M |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $861M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $36M |
| Deferred Tax Liabilities | $204M |
| Other Non-Current Liabilities | $65M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $536M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $953M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $1.9B |
| Net Debt | $1.8B |
