| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $383M | $416M | $414M | -7.8% | -7.5% |
| Op. Income | $30M | $46M | $58M | -33.9% | -47.7% |
| Gross Margin | 39.8% | 39.2% | 41.4% | 0.6pp | -1.6pp |
| Net Margin | 6.0% | 8.3% | 10.9% | -2.2pp | -4.9pp |
| EPS (Diluted) | $0.36 | $0.52 | $0.68 | -30.8% | -47.1% |
| Free Cash Flow | -$51M | -$7M | $18M | -683.6% | -385.5% |
| Item | Amount |
|---|---|
| REVENUE | $383M |
| Cost of Revenue | $231M |
| GROSS PROFIT | $153M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $114M |
| Other Expenses | $8M |
| Operating Expenses | $122M |
| Cost & Expenses | $353M |
| OPERATING INCOME | $30M |
| Interest Income | $0 |
| Interest Expense | $70.0K |
| Other Income/Expenses | -$70.0K |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $6M |
| EBIT | $34M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $383M |
| Cost of Revenue | $231M |
| GROSS PROFIT | $153M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $114M |
| Other Expenses | $8M |
| Operating Expenses | $122M |
| Cost & Expenses | $353M |
| OPERATING INCOME | $30M |
| Interest Income | $0 |
| Interest Expense | $70.0K |
| Other Income/Expenses | -$70.0K |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $6M |
| EBIT | $34M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $482.0K |
| Other Non-Cash Items | -$74.0K |
| Change in Working Capital | -$71M |
| OPERATING CASH FLOW | -$39M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $149.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $149.0K |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$169.0K |
| Common Stock Repurchased | -$165M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$43.0K |
| NET CASH FROM FINANCING | -$164M |
| FREE CASH FLOW | -$51M |
| Net Change in Cash | -$215M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $230M |
| Short-Term Investments | $0 |
| Net Receivables | $603.0K |
| Inventory | $472M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $713M |
| PP&E (Net) | $556M |
| Goodwill | $445M |
| Intangible Assets | $231M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $122M |
| Short-Term Debt | $353.0K |
| Deferred Revenue | $10M |
| Other Current Liabilities | $40M |
| TOTAL CURRENT LIABILITIES | $275M |
| Long-Term Debt | $724.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $66M |
| Other Non-Current Liabilities | $3.0K |
| TOTAL NON-CURRENT LIABILITIES | $411M |
| TOTAL LIABILITIES | $686M |
| Common Stock | $66.0K |
| Additional Paid-In Capital | $662M |
| Retained Earnings | $839M |
| Treasury Stock | -$240M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $419M |
| Net Debt | $190M |
