| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $433M | $355M | $407M | 22.0% | 6.3% |
| Op. Income | $28M | $25M | $26M | 14.0% | 9.8% |
| Gross Margin | 21.8% | 26.6% | 23.4% | -4.8pp | -1.6pp |
| Net Margin | 4.6% | 4.9% | 4.9% | -0.3pp | -0.3pp |
| EPS (Diluted) | $0.74 | $0.65 | $0.76 | 13.8% | -2.6% |
| Free Cash Flow | $1M | $4M | $30M | -75.1% | -96.5% |
| Item | Amount |
|---|---|
| REVENUE | $433M |
| Cost of Revenue | $339M |
| GROSS PROFIT | $94M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $66M |
| Operating Expenses | $66M |
| Cost & Expenses | $405M |
| OPERATING INCOME | $28M |
| Interest Income | $0 |
| Interest Expense | $247.0K |
| Other Income/Expenses | $184.0K |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $5M |
| EBIT | $28M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $433M |
| Cost of Revenue | $339M |
| GROSS PROFIT | $94M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $66M |
| Operating Expenses | $66M |
| Cost & Expenses | $405M |
| OPERATING INCOME | $28M |
| Interest Income | $0 |
| Interest Expense | $247.0K |
| Other Income/Expenses | $184.0K |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $5M |
| EBIT | $28M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $721.0K |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$990.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $338.0K |
| NET CASH FROM INVESTING | -$652.0K |
| Net Debt Issuance | $18M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$421.0K |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $161M |
| Short-Term Investments | $0 |
| Net Receivables | $503M |
| Inventory | $74M |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $768M |
| PP&E (Net) | $26M |
| Goodwill | $118M |
| Intangible Assets | $30M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $97M |
| TOTAL NON-CURRENT ASSETS | $271M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $105M |
| Short-Term Debt | $257M |
| Deferred Revenue | $59M |
| Other Current Liabilities | -$201M |
| TOTAL CURRENT LIABILITIES | $476M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $19M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $39M |
| TOTAL LIABILITIES | $516M |
| Common Stock | $145.0K |
| Additional Paid-In Capital | $149M |
| Retained Earnings | $447M |
| Treasury Stock | -$73M |
| Accum. Other Comp. Income | -$434.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $523M |
| Minority Interest | $0 |
| TOTAL EQUITY | $523M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $271M |
| Net Debt | $110M |
