| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $218M | $235M | $218M | -7.2% | -0.2% |
| Op. Income | $8M | $14M | $19M | -42.6% | -57.3% |
| Gross Margin | 12.5% | 15.5% | 16.7% | -3.1pp | -4.2pp |
| Net Margin | 0.9% | 3.3% | 5.3% | -2.4pp | -4.5pp |
| EPS (Diluted) | $0.02 | $0.08 | $0.13 | -75.0% | -84.6% |
| Free Cash Flow | $17M | $12M | $9M | 45.8% | 96.2% |
| Item | Amount |
|---|---|
| REVENUE | $218M |
| Cost of Revenue | $191M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $210M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $34M |
| EBIT | $7M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $218M |
| Cost of Revenue | $191M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $210M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $34M |
| EBIT | $7M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$45.0K |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $17M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | $35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $101M |
| Short-Term Investments | $0 |
| Net Receivables | $261M |
| Inventory | $101M |
| Other Current Assets | $51M |
| TOTAL CURRENT ASSETS | $533M |
| PP&E (Net) | $467M |
| Goodwill | $630M |
| Intangible Assets | $126M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $144M |
| Short-Term Debt | $151M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $119M |
| TOTAL CURRENT LIABILITIES | $423M |
| Long-Term Debt | $276M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $61M |
| TOTAL NON-CURRENT LIABILITIES | $355M |
| TOTAL LIABILITIES | $778M |
| Common Stock | $854M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $134M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $97.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $989M |
| Minority Interest | -$8.0K |
| TOTAL EQUITY | $989M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $427M |
| Net Debt | $326M |
