| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.2B | $1.4B | 5.3% | 62.8% |
| Op. Income | $549M | $395M | -$684M | 39.0% | 180.3% |
| Gross Margin | 28.2% | 22.9% | 9.1% | 5.3pp | 19.2pp |
| Net Margin | 16.7% | 16.0% | -51.3% | 0.7pp | 67.9pp |
| EPS (Diluted) | $2.38 | $2.17 | $-4.67 | 9.7% | 151.0% |
| Free Cash Flow | $495M | $421M | $193M | 17.4% | 156.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $660M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $98M |
| Other Expenses | $13M |
| Operating Expenses | $111M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $549M |
| Interest Income | $100.0K |
| Interest Expense | $54M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $504M |
| Income Tax Expense | $114M |
| Net Income from Continuing Ops | $391M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $391M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $391M |
| D&A | $145M |
| EBIT | $562M |
| EBITDA | $707M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $660M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $98M |
| Other Expenses | $13M |
| Operating Expenses | $111M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $549M |
| Interest Income | $100.0K |
| Interest Expense | $54M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $504M |
| Income Tax Expense | $114M |
| Net Income from Continuing Ops | $391M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $391M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $391M |
| D&A | $145M |
| EBIT | $562M |
| EBITDA | $707M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $391M |
| Depreciation & Amortization | $145M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$800.0K |
| OPERATING CASH FLOW | $544M |
| Capital Expenditure | -$49M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$49M |
| Net Debt Issuance | -$361M |
| Common Stock Repurchased | -$68M |
| Common Dividends Paid | -$32M |
| Other Financing Activities | $700.0K |
| NET CASH FROM FINANCING | -$461M |
| FREE CASH FLOW | $495M |
| Net Change in Cash | $33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $306M |
| Short-Term Investments | $0 |
| Net Receivables | $1.0B |
| Inventory | $827M |
| Other Current Assets | $128M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $3.3B |
| Goodwill | $1.4B |
| Intangible Assets | $1.4B |
| Long-Term Investments | $14M |
| Tax Assets | $105M |
| Other Non-Current Assets | $62M |
| TOTAL NON-CURRENT ASSETS | $6.3B |
| TOTAL ASSETS | $8.7B |
| Account Payables | $812M |
| Short-Term Debt | $279M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $434M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $527M |
| Other Non-Current Liabilities | $1.0B |
| TOTAL NON-CURRENT LIABILITIES | $4.7B |
| TOTAL LIABILITIES | $6.3B |
| Common Stock | $159M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $739M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$644M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $8.7B |
| Total Debt | $3.4B |
| Net Debt | $3.1B |
